Roper Technologies Inc (NYSE:ROP)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $327.38 and last traded at $326.40, with a volume of 175375 shares trading hands. The stock had previously closed at $323.74.

Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Roper Technologies from a “sell” rating to a “hold” rating and set a $334.00 target price for the company in a report on Monday, February 4th. ValuEngine upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Wells Fargo & Co raised their target price on shares of Roper Technologies from $342.00 to $345.00 and gave the company an “outperform” rating in a report on Monday, February 4th. Robert W. Baird raised their target price on shares of Roper Technologies from $285.00 to $306.00 and gave the company a “neutral” rating in a report on Monday, February 4th. Finally, Barclays dropped their target price on shares of Roper Technologies from $299.00 to $287.00 and set an “equal weight” rating for the company in a report on Monday, December 17th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $321.25.

The firm has a market capitalization of $33.72 billion, a P/E ratio of 27.56, a PEG ratio of 2.14 and a beta of 1.21. The company has a current ratio of 1.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.64.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings results on Friday, February 1st. The industrial products company reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.09. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. Roper Technologies had a net margin of 18.19% and a return on equity of 16.57%. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.70 earnings per share. Analysts expect that Roper Technologies Inc will post 12.24 EPS for the current fiscal year.

In other news, VP Jason Conley sold 5,000 shares of Roper Technologies stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $307.39, for a total transaction of $1,536,950.00. Following the completion of the sale, the vice president now directly owns 26,637 shares in the company, valued at $8,187,947.43. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert D. Johnson sold 750 shares of Roper Technologies stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $326.11, for a total transaction of $244,582.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,750 shares of company stock valued at $7,541,533. Insiders own 2.30% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in ROP. Robeco Institutional Asset Management B.V. grew its holdings in Roper Technologies by 38.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 19,172 shares of the industrial products company’s stock valued at $5,679,000 after purchasing an additional 5,296 shares during the period. Private Advisor Group LLC grew its holdings in Roper Technologies by 15.2% in the third quarter. Private Advisor Group LLC now owns 2,796 shares of the industrial products company’s stock valued at $828,000 after purchasing an additional 368 shares during the period. Achmea Investment Management B.V. grew its holdings in Roper Technologies by 38.4% in the third quarter. Achmea Investment Management B.V. now owns 3,617 shares of the industrial products company’s stock valued at $1,069,000 after purchasing an additional 1,003 shares during the period. Commonwealth Equity Services LLC grew its holdings in Roper Technologies by 3.5% in the third quarter. Commonwealth Equity Services LLC now owns 8,621 shares of the industrial products company’s stock valued at $2,553,000 after purchasing an additional 293 shares during the period. Finally, Bessemer Group Inc. grew its holdings in Roper Technologies by 636.0% in the third quarter. Bessemer Group Inc. now owns 22,287 shares of the industrial products company’s stock valued at $6,602,000 after purchasing an additional 19,259 shares during the period. Hedge funds and other institutional investors own 91.86% of the company’s stock.

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About Roper Technologies (NYSE:ROP)

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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