Roper Technologies (NASDAQ:ROP) Rating Lowered to “Hold” at Zacks Research

Roper Technologies (NASDAQ:ROP) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other analysts also recently weighed in on ROP. Robert W. Baird lifted their target price 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. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Piper Sandler raised their price target on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada lifted their price objective on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Finally, Barclays cut their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $472.07.

Roper Technologies Trading Up 1.8%

NASDAQ ROP opened at $338.31 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The stock has a market capitalization of $34.14 billion, a P/E ratio of 21.13, a PEG ratio of 1.51 and a beta of 0.77. The firm’s 50-day moving average is $337.29 and its two-hundred day moving average is $367.22. Roper Technologies has a 12 month low of $305.96 and a 12 month high of $575.77.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. Roper Technologies’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.78 earnings per share. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. On average, sell-side analysts anticipate that Roper Technologies will post 21.95 earnings per share for the current year.

Hedge Funds Weigh In On Roper Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hutchens & Kramer Investment Management Group LLC increased its position in shares of Roper Technologies by 2.3% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock worth $446,000 after acquiring an additional 23 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in 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. Promus Capital LLC boosted its holdings in Roper Technologies by 1.5% in the third quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after purchasing an additional 25 shares during the period. Harbor Investment Advisory LLC grew its stake in Roper Technologies by 5.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 25 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its holdings in Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after purchasing an additional 25 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

About Roper Technologies

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.