3,067 Shares in Roper Technologies, Inc. (NYSE:ROP) Acquired by Freedom Day Solutions LLC

Freedom Day Solutions LLC bought a new position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,067 shares of the industrial products company's stock, valued at approximately $1,808,000.

Several other large investors have also added to or reduced their stakes in ROP. Oxford Financial Group LTD. LLC lifted its stake in shares of Roper Technologies by 3.1% in the 4th quarter. Oxford Financial Group LTD. LLC now owns 594 shares of the industrial products company's stock valued at $309,000 after acquiring an additional 18 shares during the last quarter. Meridian Financial Partners LLC lifted its stake in shares of Roper Technologies by 0.9% in the 1st quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock valued at $1,221,000 after acquiring an additional 19 shares during the last quarter. My Legacy Advisors LLC lifted its stake in shares of Roper Technologies by 1.5% in the 1st quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock valued at $751,000 after acquiring an additional 19 shares during the last quarter. Smith Shellnut Wilson LLC ADV lifted its stake in shares of Roper Technologies by 2.7% in the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after acquiring an additional 20 shares during the last quarter. Finally, Tritonpoint Wealth LLC lifted its stake in shares of Roper Technologies by 2.7% in the 1st quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company's stock valued at $448,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Stock Down 1.6%

ROP stock opened at $549.80 on Friday. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17. The business's 50 day moving average price is $568.63 and its two-hundred day moving average price is $560.37. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The company has a market capitalization of $59.11 billion, a price-to-earnings ratio of 38.34, a price-to-earnings-growth ratio of 2.77 and a beta of 1.02.

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

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th will be paid a $0.825 dividend. The ex-dividend date is Tuesday, July 8th. This represents a $3.30 annualized dividend and a dividend yield of 0.60%. Roper Technologies's payout ratio is currently 23.81%.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of research analyst reports. William Blair initiated coverage on Roper Technologies in a report on Monday, May 5th. They set an "outperform" rating on the stock. Barclays restated an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. Robert W. Baird boosted their price target on Roper Technologies from $660.00 to $668.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. JPMorgan Chase & Co. boosted their price target on Roper Technologies from $470.00 to $561.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, Mizuho set a $600.00 price target on Roper Technologies in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $632.36.

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.

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