My Legacy Advisors LLC Has $751,000 Holdings in Roper Technologies, Inc. (NYSE:ROP)

My Legacy Advisors LLC boosted its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 1.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,273 shares of the industrial products company’s stock after buying an additional 19 shares during the period. My Legacy Advisors LLC’s holdings in Roper Technologies were worth $751,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. VSM Wealth Advisory LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $26,000. Putney Financial Group LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $31,000. CoreFirst Bank & Trust acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $36,000. OFI Invest Asset Management acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $38,000. Finally, Parvin Asset Management LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.2%

Shares of Roper Technologies stock opened at $572.18 on Wednesday. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $595.17. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $61.52 billion, a P/E ratio of 39.90, a PEG ratio of 2.77 and a beta of 1.03. The stock has a 50 day moving average price of $562.45 and a two-hundred day moving average price of $558.19.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 earnings per share for the quarter, beating the consensus estimate of $4.74 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%. During the same period in the previous year, the business earned $4.41 earnings per share. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. Equities analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Raymond James reiterated a “strong-buy” rating and issued a $655.00 target price on shares of Roper Technologies in a report on Monday, April 28th. Stifel Nicolaus lowered their price target on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research note on Tuesday, April 29th. Barclays reissued an “underweight” rating on shares of Roper Technologies in a research note on Monday, April 28th. Royal Bank of Canada boosted their price target on Roper Technologies from $694.00 to $695.00 and gave the company an “outperform” rating in a research note on Tuesday, April 29th. Finally, Oppenheimer reissued an “outperform” rating and issued a $640.00 price target on shares of Roper Technologies in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $632.36.

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.