Piper Sandler Lowers Roper Technologies (NASDAQ:ROP) Price Target to $526.00

Roper Technologies (NASDAQ:ROPGet Free Report) had its target price reduced by research analysts at Piper Sandler from $540.00 to $526.00 in a research report issued on Friday, Marketbeat reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. Piper Sandler’s target price would suggest a potential upside of 43.19% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets initiated coverage on shares of Roper Technologies in a report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective for the company. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday. Robert W. Baird lifted their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Barclays lowered their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Finally, Royal Bank Of Canada raised their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $466.88.

View Our Latest Stock Analysis on Roper Technologies

Roper Technologies Trading Up 3.4%

Shares of NASDAQ ROP opened at $367.34 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average price is $340.29 and its two-hundred day moving average price is $354.44. Roper Technologies has a 52-week low of $305.96 and a 52-week high of $564.68. The stock has a market capitalization of $37.07 billion, a P/E ratio of 15.22, a PEG ratio of 1.65 and a beta of 0.76.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business posted $4.87 EPS. Roper Technologies’s revenue was up 8.5% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. On average, analysts anticipate that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Institutional Trading of Roper Technologies

Hedge funds have recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its stake in shares of Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after purchasing an additional 23 shares during the period. SeaCrest Wealth Management LLC boosted its position in shares of Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after buying an additional 25 shares during the period. Gulf International Bank UK Ltd grew its holdings in Roper Technologies by 0.5% in the 4th quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after buying an additional 29 shares in the last quarter. Paragon Capital Management Inc. grew its holdings in Roper Technologies by 0.9% in the 1st quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after buying an additional 29 shares in the last quarter. Finally, Sendero Wealth Management LLC increased its position in Roper Technologies by 6.4% in the 4th quarter. Sendero Wealth Management LLC now owns 513 shares of the industrial products company’s stock valued at $228,000 after acquiring an additional 31 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Key Headlines Impacting Roper Technologies

Here are the key news stories impacting Roper Technologies this week:

Roper Technologies Company Profile

(Get Free Report)

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.

Recommended Stories

Analyst Recommendations for Roper Technologies (NASDAQ:ROP)

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.