Roper Technologies, Inc. (NYSE:ROP) VP John K. Stipancich Sells 1,500 Shares

Roper Technologies, Inc. (NYSE:ROP - Get Free Report) VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, the vice president directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Roper Technologies Stock Performance

NYSE ROP traded up $2.67 on Friday, reaching $563.03. 278,458 shares of the company's stock traded hands, compared to its average volume of 618,377. The firm has a market cap of $60.53 billion, a price-to-earnings ratio of 39.26, a P/E/G ratio of 2.77 and a beta of 1.02. The stock has a 50 day moving average price of $564.04 and a 200-day moving average price of $562.88. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. During the same quarter in the prior year, the firm earned $4.48 earnings per share. The firm's revenue was up 13.2% on a year-over-year basis. Equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th were issued a $0.825 dividend. The ex-dividend date was Tuesday, July 8th. This represents a $3.30 dividend on an annualized basis and a yield of 0.59%. Roper Technologies's payout ratio is 23.19%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ROP shares. 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 report on Tuesday, April 29th. Barclays reissued an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. JPMorgan Chase & Co. lifted their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a report on Tuesday. William Blair started coverage on shares of Roper Technologies in a research note on Monday, May 5th. They issued an "outperform" rating for the company. Finally, Robert W. Baird raised their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $637.18.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. boosted its position in shares of Roper Technologies by 3.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company's stock valued at $327,000 after purchasing an additional 18 shares in the last quarter. Fiduciary Alliance LLC lifted its stake in Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company's stock valued at $1,329,000 after buying an additional 18 shares in the last quarter. Meridian Financial Partners LLC lifted its stake in Roper Technologies by 0.9% during the first quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock valued at $1,221,000 after buying an additional 19 shares in the last quarter. My Legacy Advisors LLC lifted its stake in Roper Technologies by 1.5% during the first quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock valued at $751,000 after buying an additional 19 shares in the last quarter. Finally, Smith Shellnut Wilson LLC ADV lifted its position in shares of Roper Technologies by 2.7% in the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock worth $399,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company's stock.

About Roper Technologies

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.