Shares of Roper Technologies Inc. (NYSE:ROP) have earned a consensus rating of “Buy” from the eleven ratings firms that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $195.88.

A number of research firms recently issued reports on ROP. Zacks Investment Research upgraded shares of Roper Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, July 19th. Royal Bank Of Canada lowered their target price on shares of Roper Technologies from $205.00 to $196.00 and set an “outperform” rating for the company in a report on Tuesday, July 26th. Barclays PLC lowered their target price on shares of Roper Technologies from $198.00 to $192.00 and set an “overweight” rating for the company in a report on Tuesday, July 26th. Canaccord Genuity restated a “hold” rating on shares of Roper Technologies in a report on Thursday, May 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Roper Technologies from $164.00 to $157.00 and set an “underweight” rating for the company in a report on Wednesday, July 27th.

Roper Technologies (NYSE:ROP) traded down 0.14% during trading on Tuesday, hitting $176.45. 280,782 shares of the company were exchanged. The company has a 50-day moving average of $175.60 and a 200-day moving average of $174.68. Roper Technologies has a 12 month low of $150.91 and a 12 month high of $195.93. The company has a market capitalization of $17.88 billion, a price-to-earnings ratio of 26.54 and a beta of 1.03.

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Roper Technologies (NYSE:ROP) last released its earnings results on Monday, July 25th. The company reported $1.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by $0.05. Roper Technologies had a net margin of 18.53% and a return on equity of 12.37%. The company earned $932 million during the quarter, compared to analysts’ expectations of $948.22 million. During the same quarter in the previous year, the firm posted $1.70 earnings per share. Roper Technologies’s revenue for the quarter was up 5.0% compared to the same quarter last year. Analysts forecast that Roper Technologies will post $6.60 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, October 7th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, October 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.68%. Roper Technologies’s payout ratio is currently 18.05%.

In other news, CFO John Humphrey sold 40,000 shares of the business’s stock in a transaction on Friday, August 12th. The shares were sold at an average price of $172.70, for a total transaction of $6,908,000.00. Following the transaction, the chief financial officer now directly owns 146,812 shares of the company’s stock, valued at $25,354,432.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert D. Johnson sold 1,400 shares of the business’s stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $173.41, for a total transaction of $242,774.00. Following the transaction, the director now directly owns 10,500 shares in the company, valued at $1,820,805. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Glenmede Trust Co. NA boosted its stake in Roper Technologies by 0.7% in the first quarter. Glenmede Trust Co. NA now owns 2,456 shares of the company’s stock valued at $448,000 after buying an additional 16 shares in the last quarter. Cleararc Capital Inc. boosted its stake in Roper Technologies by 0.7% in the first quarter. Cleararc Capital Inc. now owns 2,471 shares of the company’s stock valued at $452,000 after buying an additional 18 shares in the last quarter. BOKF NA boosted its stake in Roper Technologies by 0.7% in the second quarter. BOKF NA now owns 2,642 shares of the company’s stock valued at $451,000 after buying an additional 18 shares in the last quarter. Ranger Investment Management L.P. boosted its stake in Roper Technologies by 1.2% in the second quarter. Ranger Investment Management L.P. now owns 2,585 shares of the company’s stock valued at $441,000 after buying an additional 30 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its stake in Roper Technologies by 3.4% in the second quarter. Checchi Capital Advisers LLC now owns 993 shares of the company’s stock valued at $169,000 after buying an additional 33 shares in the last quarter. 94.67% of the stock is currently owned by institutional investors and hedge funds.

About Roper Technologies

Roper Technologies, Inc, formerly Roper Industries, Inc, is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research.

5 Day Chart for NYSE:ROP

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