First Bank & Trust lessened its holdings in shares of Roper Technologies Inc (NYSE:ROP) by 2.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,936 shares of the industrial products company’s stock after selling 81 shares during the period. First Bank & Trust’s holdings in Roper Technologies were worth $1,004,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of ROP. CWM Advisors LLC raised its holdings in Roper Technologies by 2.5% in the 4th quarter. CWM Advisors LLC now owns 1,341 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 33 shares in the last quarter. Brookmont Capital Management grew its stake in shares of Roper Technologies by 2.7% in the 4th quarter. Brookmont Capital Management now owns 1,663 shares of the industrial products company’s stock valued at $443,000 after purchasing an additional 43 shares during the period. Creative Planning grew its stake in shares of Roper Technologies by 3.1% in the 4th quarter. Creative Planning now owns 1,509 shares of the industrial products company’s stock valued at $402,000 after purchasing an additional 45 shares during the period. Essex Financial Services Inc. grew its stake in shares of Roper Technologies by 6.0% in the 4th quarter. Essex Financial Services Inc. now owns 1,067 shares of the industrial products company’s stock valued at $284,000 after purchasing an additional 60 shares during the period. Finally, Covington Capital Management grew its stake in shares of Roper Technologies by 63.5% in the 4th quarter. Covington Capital Management now owns 157 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 61 shares during the period. 92.49% of the stock is owned by institutional investors and hedge funds.

NYSE ROP traded down $0.02 during trading hours on Monday, reaching $351.24. 2,140 shares of the company’s stock were exchanged, compared to its average volume of 390,368. The firm has a market cap of $36.39 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 2.30 and a beta of 1.21. Roper Technologies Inc has a one year low of $245.59 and a one year high of $351.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.11 and a quick ratio of 0.98.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Friday, February 1st. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.09. Roper Technologies had a return on equity of 16.57% and a net margin of 18.19%. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the business earned $2.70 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, equities analysts expect that Roper Technologies Inc will post 12.22 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Monday, April 8th will be issued a dividend of $0.4625 per share. This represents a $1.85 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, April 5th. Roper Technologies’s dividend payout ratio is 15.66%.

A number of equities research analysts recently commented on ROP shares. Barclays increased their price target on Roper Technologies from $316.00 to $330.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 3rd. ValuEngine upgraded Roper Technologies from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Zacks Investment Research upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $371.00 price target on the stock in a research report on Tuesday, March 19th. Wells Fargo & Co increased their price target on Roper Technologies from $342.00 to $345.00 and gave the stock an “outperform” rating in a research report on Monday, February 4th. Finally, Robert W. Baird increased their price target on Roper Technologies from $285.00 to $306.00 and gave the stock a “neutral” rating in a research report on Monday, February 4th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Roper Technologies has a consensus rating of “Buy” and an average price target of $336.11.

In other news, VP Jason Conley sold 5,000 shares of the stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $307.39, for a total value of $1,536,950.00. Following the transaction, the vice president now owns 26,637 shares of the company’s stock, valued at approximately $8,187,947.43. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP John K. Stipancich sold 9,000 shares of the stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $295.62, for a total value of $2,660,580.00. Following the completion of the transaction, the vice president now directly owns 39,521 shares in the company, valued at approximately $11,683,198.02. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,500 shares of company stock worth $8,115,760. Company insiders own 2.30% of the company’s stock.

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About Roper Technologies

Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.

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Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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