Roper Technologies (NYSE:ROP) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Roper Technologies, Inc. NYSE: ROP. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Roper Technologies stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
• Sold $1,001 - $15,000 in shares of EOG Resources NYSE: EOG on 4/8/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.

Roper Technologies Price Performance

ROP stock traded up $8.45 on Friday, reaching $566.04. 556,040 shares of the company's stock were exchanged, compared to its average volume of 550,406. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The firm has a market cap of $60.86 billion, a PE ratio of 39.47, a P/E/G ratio of 2.77 and a beta of 1.04. The stock has a fifty day moving average of $567.24 and a 200-day moving average of $554.72.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, April 28th. The industrial products company reported $4.78 earnings per share (EPS) for the quarter, beating 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%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm earned $4.41 earnings per share. As a group, equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Friday, April 4th were paid a $0.825 dividend. The ex-dividend date was Friday, April 4th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.58%. Roper Technologies's dividend payout ratio (DPR) is presently 23.81%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Douglas Lane & Associates LLC grew its position in shares of Roper Technologies by 18.9% during the fourth quarter. Douglas Lane & Associates LLC now owns 109,656 shares of the industrial products company's stock worth $57,005,000 after acquiring an additional 17,466 shares during the last quarter. Synovus Financial Corp increased its holdings in shares of Roper Technologies by 19.6% during the third quarter. Synovus Financial Corp now owns 5,867 shares of the industrial products company's stock valued at $3,265,000 after purchasing an additional 961 shares during the period. Nordea Investment Management AB lifted its holdings in Roper Technologies by 8.5% in the fourth quarter. Nordea Investment Management AB now owns 538,678 shares of the industrial products company's stock worth $280,113,000 after purchasing an additional 42,016 shares during the period. First Financial Bank Trust Division grew its position in Roper Technologies by 28.0% in the 4th quarter. First Financial Bank Trust Division now owns 10,722 shares of the industrial products company's stock valued at $5,574,000 after buying an additional 2,343 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its position in shares of Roper Technologies by 42.0% during the 4th quarter. Signal Advisors Wealth LLC now owns 5,816 shares of the industrial products company's stock worth $3,023,000 after buying an additional 1,719 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on ROP. TD Cowen upgraded shares of Roper Technologies from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $535.00 to $615.00 in a research report on Tuesday, January 28th. Robert W. Baird raised their target price on shares of Roper Technologies from $660.00 to $668.00 and gave the stock an "outperform" rating in a research report on Tuesday. Royal Bank of Canada lifted their price objective on Roper Technologies from $694.00 to $695.00 and gave the company an "outperform" rating in a research report on Tuesday. JPMorgan Chase & Co. increased their target price on Roper Technologies from $465.00 to $470.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Truist Financial reaffirmed a "buy" rating and issued a $675.00 target price (up from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Roper Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $620.91.

Insider Activity

In other news, VP Brandon L. Cross sold 750 shares of the business's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the sale, the vice president now owns 1,329 shares of the company's stock, valued at approximately $767,936.07. The trade was a 36.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jason Conley sold 3,000 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $588.19, for a total value of $1,764,570.00. Following the transaction, the chief financial officer now directly owns 31,522 shares of the company's stock, valued at $18,540,925.18. This represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.87% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Roper Technologies Company 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.