BNP Paribas Financial Markets Buys 74,269 Shares of Roper Technologies, Inc. (NYSE:ROP)

BNP Paribas Financial Markets lifted its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 30.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 319,385 shares of the industrial products company's stock after buying an additional 74,269 shares during the quarter. BNP Paribas Financial Markets owned about 0.30% of Roper Technologies worth $166,032,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. VSM Wealth Advisory LLC bought a new position in shares of Roper Technologies in the 4th quarter worth about $26,000. CoreFirst Bank & Trust bought a new stake in Roper Technologies in the fourth quarter worth approximately $36,000. OFI Invest Asset Management acquired a new position in Roper Technologies in the fourth quarter valued at approximately $38,000. Parvin Asset Management LLC bought a new position in shares of Roper Technologies during the 4th quarter worth approximately $39,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in shares of Roper Technologies by 7,500.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company's stock worth $40,000 after buying an additional 75 shares during the period. Institutional investors own 93.31% of the company's stock.

Insider Buying and Selling at Roper Technologies

In other news, CFO Jason Conley sold 3,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $588.19, for a total transaction of $1,764,570.00. Following the completion of the transaction, the chief financial officer now owns 31,522 shares in the company, valued at approximately $18,540,925.18. This represents a 8.69 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.87% of the stock is owned by corporate insiders.

Roper Technologies Stock Down 0.8 %

Shares of NYSE ROP traded down $4.50 during trading on Friday, hitting $570.48. The stock had a trading volume of 333,225 shares, compared to its average volume of 549,790. The firm has a fifty day moving average of $565.97 and a two-hundred day moving average of $555.35. The company has a market capitalization of $61.34 billion, a PE ratio of 39.78, a PEG ratio of 2.77 and a beta of 1.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.74 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. During the same period in the prior year, the business posted $4.41 earnings per share. The firm's revenue was up 12.0% on a year-over-year basis. As a group, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th were paid a dividend of $0.825 per share. The ex-dividend date was Friday, April 4th. This represents a $3.30 annualized dividend and a dividend yield of 0.58%. Roper Technologies's payout ratio is currently 23.81%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Raymond James reissued a "strong-buy" rating and set a $655.00 target price on shares of Roper Technologies in a research note on Monday, April 28th. Stifel Nicolaus cut their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a research report on Monday, April 28th. Royal Bank of Canada increased their price target on Roper Technologies from $694.00 to $695.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. Finally, William Blair began coverage on Roper Technologies in a research report on Monday, May 5th. They set an "outperform" rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $620.91.

Roper Technologies Profile

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.