Andra AP fonden boosted its position in shares of Roper Technologies, Inc. (NYSE:ROP) by 17.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,300 shares of the industrial products company’s stock after acquiring an additional 1,700 shares during the period. Andra AP fonden’s holdings in Roper Technologies were worth $2,750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Roper Technologies by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,580 shares of the industrial products company’s stock valued at $1,755,000 after buying an additional 23 shares in the last quarter. Bellwether Investment Group LLC boosted its holdings in shares of Roper Technologies by 1.2% in the 2nd quarter. Bellwether Investment Group LLC now owns 2,122 shares of the industrial products company’s stock valued at $491,000 after buying an additional 26 shares in the last quarter. Scotia Capital Inc. boosted its holdings in shares of Roper Technologies by 1.8% in the 2nd quarter. Scotia Capital Inc. now owns 1,744 shares of the industrial products company’s stock valued at $404,000 after buying an additional 30 shares in the last quarter. Pitcairn Co. boosted its holdings in shares of Roper Technologies by 0.3% in the 2nd quarter. Pitcairn Co. now owns 13,754 shares of the industrial products company’s stock valued at $3,184,000 after buying an additional 44 shares in the last quarter. Finally, Chesley Taft & Associates LLC boosted its holdings in shares of Roper Technologies by 0.5% in the 2nd quarter. Chesley Taft & Associates LLC now owns 8,410 shares of the industrial products company’s stock valued at $1,947,000 after buying an additional 45 shares in the last quarter. Institutional investors own 94.13% of the company’s stock.

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ROP has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $273.00 target price for the company in a report on Monday, October 2nd. Robert W. Baird upped their price target on shares of Roper Technologies from $238.00 to $257.00 and gave the company a “neutral” rating in a research report on Tuesday, October 31st. BidaskClub downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Cowen and Company reiterated a “buy” rating and issued a $250.00 price target on shares of Roper Technologies in a research report on Thursday, October 12th. Finally, Royal Bank Of Canada upped their price target on shares of Roper Technologies from $259.00 to $282.00 and gave the company an “outperform” rating in a research report on Tuesday, October 31st. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $253.67.

Roper Technologies, Inc. (ROP) opened at $258.20 on Friday. The company has a market cap of $26,392.04, a price-to-earnings ratio of 30.08, a price-to-earnings-growth ratio of 2.24 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.94 and a current ratio of 1.07. Roper Technologies, Inc. has a 12-month low of $178.01 and a 12-month high of $261.37.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings results on Monday, October 30th. The industrial products company reported $2.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.30 by $0.06. Roper Technologies had a net margin of 16.17% and a return on equity of 14.47%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the company posted $1.65 EPS. The business’s revenue for the quarter was up 23.7% on a year-over-year basis. sell-side analysts expect that Roper Technologies, Inc. will post 9.31 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Stockholders of record on Friday, October 6th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.54%. Roper Technologies’s dividend payout ratio (DPR) is presently 20.32%.

In other news, Director Christopher Wright sold 250 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $258.64, for a total transaction of $64,660.00. Following the transaction, the director now directly owns 64,450 shares of the company’s stock, valued at approximately $16,669,348. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Jason Conley sold 5,000 shares of the company’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $245.00, for a total transaction of $1,225,000.00. Following the transaction, the vice president now directly owns 14,571 shares in the company, valued at $3,569,895. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,750 shares of company stock worth $2,915,690. Corporate insiders own 2.50% of the company’s stock.

Roper Technologies Company Profile

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Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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