Argus Upgrades Roper Technologies (NASDAQ:ROP) to “Buy”

Roper Technologies (NASDAQ:ROP) was upgraded by equities research analysts at Argus from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage presently has a $450.00 target price on the industrial products company’s stock. Argus’ price objective points to a potential upside of 14.06% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Piper Sandler decreased their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Robert W. Baird set a $480.00 price objective on Roper Technologies in a report on Friday, July 24th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday, July 21st. Finally, BMO Capital Markets began coverage on shares of Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target for the company. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Stock Performance

ROP stock opened at $394.53 on Thursday. The company has a 50-day simple moving average of $351.03 and a 200 day simple moving average of $351.75. The company has a market capitalization of $39.02 billion, a P/E ratio of 16.34, a PEG ratio of 1.77 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. Roper Technologies has a fifty-two week low of $305.96 and a fifty-two week high of $546.52.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion during the quarter. During the same quarter last year, the business earned $4.87 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. 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. Sell-side analysts predict that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This trade represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the sale, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Roper Technologies

A number of institutional investors have recently modified their holdings of ROP. Brown Brothers Harriman & Co. lifted its holdings 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 in the last quarter. SeaCrest Wealth Management LLC grew its stake 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 valued at $223,000 after acquiring an additional 25 shares in the last quarter. Gulf International Bank UK Ltd increased its holdings in shares of 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 valued at $2,393,000 after purchasing an additional 29 shares during the period. Paragon Capital Management Inc. grew its position in Roper Technologies by 0.9% during the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after purchasing an additional 29 shares in the last quarter. Finally, MGO One Seven LLC lifted its position in Roper Technologies by 0.9% in the 4th quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock worth $1,510,000 after buying an additional 31 shares in the last quarter. 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.