Roper Technologies' (ROP) Hold (C+) Rating Reaffirmed at Weiss Ratings

Key Points

• Roper Technologies' stock rating has been reaffirmed as "hold (C+)" by Weiss Ratings, with a current consensus rating of "Moderate Buy" and a target price of $635.27.
• JPMorgan Chase & Co., Royal Bank Of Canada, and Truist Financial have all recently increased their price targets for Roper Technologies, indicating positive future expectations for the company.
• The company reported an earnings per share (EPS) of $4.87, exceeding analysts' estimates and showing a 13.2% year-over-year revenue increase.

Roper Technologies (NASDAQ:ROP - Get Free Report)'s stock had its "hold (c+)" rating reiterated by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other research analysts have also issued reports on ROP. JPMorgan Chase & Co. increased their target price on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada increased their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Truist Financial increased their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Robert W. Baird increased their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Finally, Barclays reduced their price target on shares of Roper Technologies from $562.00 to $550.00 and set an "underweight" rating on the stock in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $635.27.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $520.00 on Wednesday. The company's 50 day moving average price is $519.96 and its two-hundred day moving average price is $548.69. Roper Technologies has a 12-month low of $492.25 and a 12-month high of $595.17. The firm has a market cap of $55.96 billion, a PE ratio of 36.54, a PEG ratio of 2.40 and a beta of 1.00. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40.

Roper Technologies (NASDAQ:ROP - Get Free Report) last announced its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same quarter last year, the firm posted $4.48 EPS. The business's revenue for the quarter was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Equities research analysts predict that Roper Technologies will post 19.96 earnings per share for the current year.

Insider Buying and Selling

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total value of $846,255.00. Following the sale, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard F. Wallman sold 352 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the sale, the director owned 20,510 shares in the company, valued at $11,408,687.50. This represents a 1.69% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.78% of the company's stock.

Hedge Funds Weigh In On Roper Technologies

Large investors have recently modified their holdings of the business. Saudi Central Bank bought a new position in shares of Roper Technologies during the first quarter valued at $25,000. MorganRosel Wealth Management LLC bought a new position in shares of Roper Technologies during the first quarter valued at $27,000. Asset Dedication LLC raised its stake in shares of Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. Banque Transatlantique SA bought a new position in shares of Roper Technologies during the first quarter valued at $25,000. Finally, Olde Wealth Management LLC bought a new position in shares of Roper Technologies during the first quarter valued at $31,000. Institutional investors own 93.31% of the company's stock.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.

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