Roper Technologies Inc (NYSE:ROP) CEO Brian D. Jellison sold 74,589 shares of the company’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $277.02, for a total transaction of $20,662,644.78. Following the completion of the transaction, the chief executive officer now owns 1,459,892 shares in the company, valued at $404,419,281.84. The sale was disclosed in a filing with the SEC, which is available through this link.

Roper Technologies Inc (NYSE ROP) opened at $275.69 on Friday. 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 one year low of $185.11 and a one year high of $277.41. The stock has a market cap of $28,220.00, a P/E ratio of 40.07, a PEG ratio of 2.22 and a beta of 1.06.

Roper Technologies (NYSE:ROP) last posted its earnings results on Monday, October 30th. The industrial products company reported $2.36 EPS for the quarter, beating 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 company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the company posted $1.65 earnings per share. Roper Technologies’s revenue for the quarter was up 23.7% compared to the same quarter last year. analysts predict that Roper Technologies Inc will post 9.31 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be given a dividend of $0.4125 per share. This is a boost from Roper Technologies’s previous quarterly dividend of $0.35. The ex-dividend date is Monday, January 8th. This represents a $1.65 dividend on an annualized basis and a yield of 0.60%. Roper Technologies’s dividend payout ratio is presently 23.98%.

A number of large investors have recently bought and sold shares of ROP. Harding Loevner LP lifted its position in Roper Technologies by 293.8% during the third quarter. Harding Loevner LP now owns 5,925,422 shares of the industrial products company’s stock valued at $358,642,000 after acquiring an additional 4,420,649 shares during the last quarter. Janus Henderson Group PLC lifted its position in Roper Technologies by 309.5% during the second quarter. Janus Henderson Group PLC now owns 909,777 shares of the industrial products company’s stock valued at $210,649,000 after acquiring an additional 687,588 shares during the last quarter. Vanguard Group Inc. lifted its position in Roper Technologies by 3.4% during the second quarter. Vanguard Group Inc. now owns 10,856,231 shares of the industrial products company’s stock valued at $2,513,543,000 after acquiring an additional 354,064 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in Roper Technologies by 91.4% during the second quarter. Parametric Portfolio Associates LLC now owns 308,762 shares of the industrial products company’s stock valued at $71,488,000 after acquiring an additional 147,465 shares during the last quarter. Finally, KBC Group NV lifted its position in Roper Technologies by 179.0% during the third quarter. KBC Group NV now owns 192,893 shares of the industrial products company’s stock valued at $46,950,000 after acquiring an additional 123,757 shares during the last quarter. 93.55% of the stock is owned by institutional investors.

A number of equities analysts have recently issued reports on ROP shares. Oppenheimer increased their price objective on shares of Roper Technologies from $257.00 to $275.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. Cowen reiterated a “buy” rating and set a $250.00 price objective on shares of Roper Technologies in a research note on Thursday, October 12th. Zacks Investment Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Royal Bank of Canada increased their price objective on shares of Roper Technologies from $259.00 to $282.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. Finally, Robert W. Baird increased their price objective on shares of Roper Technologies from $238.00 to $257.00 and gave the company a “neutral” rating in a research note on Tuesday, October 31st. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $260.75.

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About Roper Technologies

Roper Technologies, Inc is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for various end markets, including healthcare, transportation, commercial construction, food, energy, water, education and academic research. The Company operates in four segments: Medical & Scientific Imaging, which offers products and software in medical applications, and digital imaging products; RF Technology, which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology, which produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment, and Energy Systems & Controls, which produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls, and non-destructive inspection and measurement products and solutions.

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

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