Investment Analysts’ Weekly Ratings Changes for Roper Technologies (ROP)

Posted by James Quigley on Feb 13th, 2025

Roper Technologies (NYSE: ROP) recently received a number of ratings updates from brokerages and research firms:

1/31/2025 – Roper Technologies had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $655.00 price target on the stock, up previously from $620.00.
1/31/2025 – Roper Technologies had its price target raised by analysts at Oppenheimer Holdings Inc. from $630.00 to $640.00. They now have an “outperform” rating on the stock.
1/31/2025 – Roper Technologies had its price target raised by analysts at JPMorgan Chase & Co. from $539.00 to $558.00. They now have a “neutral” rating on the stock.
1/31/2025 – Roper Technologies had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $675.00 price target on the stock, up previously from $665.00.
1/28/2025 – Roper Technologies was upgraded by analysts at TD Cowen from a “hold” rating to a “buy” rating. They now have a $615.00 price target on the stock, up previously from $535.00.
1/8/2025 – Roper Technologies had its price target lowered by analysts at Barclays PLC from $569.00 to $562.00. They now have an “underweight” rating on the stock.
12/23/2024 – Roper Technologies is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $630.00 price target on the stock.

Roper Technologies Stock Performance

Shares of NYSE ROP traded up $3.58 during mid-day trading on Thursday, hitting $570.34. The stock had a trading volume of 114,047 shares, compared to its average volume of 669,221. The firm has a market cap of $61.16 billion, a PE ratio of 39.77, a PEG ratio of 2.78 and a beta of 1.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The company has a 50 day moving average of $537.70 and a two-hundred day moving average of $545.76. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $584.43.

Insider Activity

In related news, VP John K. Stipancich sold 1,000 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $578.04, for a total transaction of $578,040.00. Following the completion of the transaction, the vice president now directly owns 38,932 shares in the company, valued at $22,504,253.28. The trade was a 2.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jason Conley sold 3,000 shares of the stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $578.05, for a total value of $1,734,150.00. Following the sale, the chief financial officer now directly owns 31,522 shares in the company, valued at $18,221,292.10. This represents a 8.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,101 shares of company stock valued at $2,947,475. Company insiders own 0.87% of the company’s stock.

Institutional Trading of Roper Technologies

Hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in Roper Technologies in the fourth quarter valued at approximately $914,052,000. JPMorgan Chase & Co. increased its holdings in shares of Roper Technologies by 54.5% during the 4th quarter. JPMorgan Chase & Co. now owns 1,022,665 shares of the industrial products company’s stock valued at $531,633,000 after purchasing an additional 360,632 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Roper Technologies by 87.8% in the 3rd quarter. Wellington Management Group LLP now owns 738,582 shares of the industrial products company’s stock valued at $410,977,000 after purchasing an additional 345,268 shares during the period. Raymond James Financial Inc. purchased a new stake in Roper Technologies during the fourth quarter worth $148,070,000. Finally, Proficio Capital Partners LLC grew its position in Roper Technologies by 59,278.6% during the fourth quarter. Proficio Capital Partners LLC now owns 280,267 shares of the industrial products company’s stock valued at $145,697,000 after buying an additional 279,795 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

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.