Roper Technologies Inc (NYSE:ROP) Director Robert D. Johnson sold 750 shares of Roper Technologies stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $301.86, for a total value of $226,395.00. Following the completion of the transaction, the director now directly owns 9,200 shares of the company’s stock, valued at $2,777,112. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of ROP opened at $287.22 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.76 and a quick ratio of 0.66. The stock has a market capitalization of $29.65 billion, a PE ratio of 25.39, a P/E/G ratio of 1.98 and a beta of 1.15. Roper Technologies Inc has a 1 year low of $252.23 and a 1 year high of $312.65.

Roper Technologies (NYSE:ROP) last announced its quarterly earnings data on Friday, October 26th. The industrial products company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.15. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Roper Technologies had a return on equity of 16.30% and a net margin of 22.44%. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.36 EPS. As a group, sell-side analysts expect that Roper Technologies Inc will post 11.72 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 23rd. Investors of record on Wednesday, January 9th will be paid a dividend of $0.4625 per share. This is a boost from Roper Technologies’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Tuesday, January 8th. This represents a $1.85 annualized dividend and a yield of 0.64%. Roper Technologies’s payout ratio is presently 17.52%.

Several equities analysts have recently issued reports on ROP shares. Zacks Investment Research upgraded Roper Technologies from a “sell” rating to a “hold” rating in a research note on Monday, October 29th. Stephens started coverage on Roper Technologies in a research note on Monday, November 19th. They issued an “overweight” rating and a $333.00 price objective for the company. Barclays decreased their price objective on Roper Technologies from $306.00 to $299.00 and set an “equal weight” rating for the company in a research note on Monday, October 29th. Finally, JPMorgan Chase & Co. cut Roper Technologies from an “overweight” rating to a “neutral” rating and set a $305.00 price objective for the company. in a research note on Friday, September 21st. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $319.08.

A number of hedge funds have recently bought and sold shares of ROP. Vaughan Nelson Investment Management L.P. lifted its stake in Roper Technologies by 71.0% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 436,175 shares of the industrial products company’s stock worth $129,200,000 after purchasing an additional 181,045 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Roper Technologies by 21.4% during the third quarter. Bank of New York Mellon Corp now owns 952,273 shares of the industrial products company’s stock worth $282,073,000 after purchasing an additional 168,161 shares during the last quarter. Point72 Asset Management L.P. lifted its stake in Roper Technologies by 949.7% during the second quarter. Point72 Asset Management L.P. now owns 157,454 shares of the industrial products company’s stock worth $43,443,000 after purchasing an additional 142,454 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Roper Technologies by 12.1% during the third quarter. JPMorgan Chase & Co. now owns 1,249,142 shares of the industrial products company’s stock worth $370,008,000 after purchasing an additional 134,469 shares during the last quarter. Finally, Marshall Wace North America L.P. lifted its stake in Roper Technologies by 32.7% during the third quarter. Marshall Wace North America L.P. now owns 507,364 shares of the industrial products company’s stock worth $150,286,000 after purchasing an additional 124,939 shares during the last quarter. Hedge funds and other institutional investors own 91.26% of the company’s stock.

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Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.

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