The Goldman Sachs Group Has Lowered Expectations for Roper Technologies (NASDAQ:ROP) Stock Price

Roper Technologies (NASDAQ:ROP) had its price target cut by analysts at The Goldman Sachs Group from $572.00 to $507.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the industrial products company’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 12.88% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a research note on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Oppenheimer restated an “outperform” rating and issued a $570.00 price objective on shares of Roper Technologies in a report on Thursday, October 23rd. Citigroup assumed coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price on the stock. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $572.14.

Roper Technologies Trading Up 1.2%

ROP traded up $5.35 on Wednesday, hitting $449.13. The company had a trading volume of 339,814 shares, compared to its average volume of 742,544. The business’s fifty day simple moving average is $461.59 and its 200 day simple moving average is $512.13. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. Roper Technologies has a 12-month low of $435.42 and a 12-month high of $595.17. The company has a market cap of $48.34 billion, a PE ratio of 30.95, a PEG ratio of 2.23 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company earned $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. Equities research analysts expect that Roper Technologies will post 19.96 EPS for the current year.

Insider Activity at Roper Technologies

In other news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the sale, the chief executive officer directly owned 87,311 shares in the company, valued at $38,728,540.27. This trade represents a 25.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, with a total value of $540,852.00. Following the completion of the purchase, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.87% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Fiduciary Alliance LLC increased its holdings in shares of Roper Technologies by 0.8% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after acquiring an additional 18 shares during the last quarter. Townsend Asset Management Corp NC ADV boosted its position in shares of Roper Technologies by 0.8% in the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after purchasing an additional 20 shares during the period. Sagespring Wealth Partners LLC increased its holdings in shares of Roper Technologies by 2.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 20 shares during the period. Trust Co. of Vermont increased its stake in Roper Technologies by 1.8% in the third quarter. Trust Co. of Vermont now owns 1,106 shares of the industrial products company’s stock valued at $552,000 after purchasing an additional 20 shares during the period. Finally, First Horizon Advisors Inc. boosted its stake in shares of Roper Technologies by 1.3% during the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after buying an additional 21 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.

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.