Roper Technologies, Inc. (NYSE:ROP) Director Christopher Wright sold 1,000 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $234.00, for a total transaction of $234,000.00. Following the sale, the director now owns 65,104 shares of the company’s stock, valued at $15,234,336. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Christopher Wright also recently made the following trade(s):

  • On Friday, June 9th, Christopher Wright sold 1,800 shares of Roper Technologies stock. The stock was sold at an average price of $228.70, for a total transaction of $411,660.00.

Roper Technologies, Inc. (NYSE ROP) traded down 0.10% on Wednesday, hitting $233.10. 376,080 shares of the company’s stock were exchanged. Roper Technologies, Inc. has a 52-week low of $167.50 and a 52-week high of $238.49. The stock has a market cap of $23.83 billion, a P/E ratio of 34.90 and a beta of 1.04. The firm has a 50 day moving average price of $234.15 and a 200-day moving average price of $219.48.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings data on Monday, July 31st. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.22 by $0.02. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.56 EPS. Analysts predict that Roper Technologies, Inc. will post $9.27 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend was Wednesday, July 5th. Roper Technologies’s payout ratio is currently 20.96%.

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ROP has been the subject of a number of research reports. Raymond James Financial, Inc. raised their price target on shares of Roper Technologies from $253.00 to $268.00 in a report on Wednesday, July 5th. Zacks Investment Research cut shares of Roper Technologies from a “buy” rating to a “hold” rating in a report on Monday, July 17th. BidaskClub cut shares of Roper Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Royal Bank Of Canada restated a “buy” rating and issued a $248.00 price target on shares of Roper Technologies in a report on Wednesday, July 12th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $242.00 price target on shares of Roper Technologies in a report on Friday, July 7th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $238.42.

Several hedge funds have recently added to or reduced their stakes in ROP. Motco increased its stake in Roper Technologies by 387.0% in the first quarter. Motco now owns 487 shares of the industrial products company’s stock worth $101,000 after buying an additional 387 shares in the last quarter. Independent Portfolio Consultants Inc. increased its stake in Roper Technologies by 164.7% in the second quarter. Independent Portfolio Consultants Inc. now owns 503 shares of the industrial products company’s stock worth $116,000 after buying an additional 313 shares in the last quarter. Parallel Advisors LLC increased its stake in Roper Technologies by 26.8% in the second quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock worth $117,000 after buying an additional 106 shares in the last quarter. Private Advisor Group LLC acquired a new stake in Roper Technologies during the first quarter worth $118,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Roper Technologies by 9.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 618 shares of the industrial products company’s stock worth $129,000 after buying an additional 51 shares in the last quarter. 96.65% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Company Profile

Insider Buying and Selling by Quarter for Roper Technologies (NYSE:ROP)

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