Roper Technologies, Inc. (NYSE:ROP) Shares Sold by Keybank National Association OH

Keybank National Association OH decreased its position in Roper Technologies, Inc. (NYSE:ROP) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,449 shares of the industrial products company’s stock after selling 2,681 shares during the quarter. Keybank National Association OH owned 0.09% of Roper Technologies worth $49,619,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ROP. Commerzbank Aktiengesellschaft FI raised its holdings in Roper Technologies by 61.0% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 652 shares of the industrial products company’s stock worth $339,000 after purchasing an additional 247 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Roper Technologies by 3.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 673,193 shares of the industrial products company’s stock worth $349,959,000 after purchasing an additional 24,290 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Roper Technologies by 1.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,905 shares of the industrial products company’s stock worth $1,510,000 after purchasing an additional 37 shares in the last quarter. NBW Capital LLC raised its holdings in Roper Technologies by 0.5% during the fourth quarter. NBW Capital LLC now owns 16,148 shares of the industrial products company’s stock worth $8,395,000 after purchasing an additional 79 shares in the last quarter. Finally, Schechter Investment Advisors LLC raised its holdings in Roper Technologies by 16.2% during the fourth quarter. Schechter Investment Advisors LLC now owns 783 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Trading Up 0.2 %

NYSE:ROP opened at $585.81 on Tuesday. The company has a market capitalization of $62.91 billion, a PE ratio of 40.85, a price-to-earnings-growth ratio of 2.77 and a beta of 1.05. 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 52-week low of $499.47 and a 52-week high of $593.91. The stock has a fifty day simple moving average of $547.32 and a 200-day simple moving average of $550.10.

Insider Transactions at Roper Technologies

In other Roper Technologies news, VP Brandon L. Cross sold 750 shares of Roper Technologies stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the completion of the sale, the vice president now owns 1,329 shares in the company, valued at $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 available through this link. Also, CFO Jason Conley sold 3,000 shares of Roper Technologies 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 completion of the sale, the chief financial officer now owns 31,522 shares of the company’s stock, valued at $18,540,925.18. This trade represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,101 shares of company stock valued at $4,712,045 in the last 90 days. 0.87% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ROP. Robert W. Baird set a $665.00 target price on shares of Roper Technologies in a research report on Friday, January 31st. Barclays lowered their target price on shares of Roper Technologies from $569.00 to $562.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 8th. JPMorgan Chase & Co. lifted their price objective on shares of Roper Technologies from $539.00 to $558.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. Raymond James reiterated a “strong-buy” rating and issued a $655.00 price objective (up from $620.00) on shares of Roper Technologies in a research report on Friday, January 31st. Finally, Truist Financial reiterated a “buy” rating and issued a $675.00 price objective (up from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $623.60.

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.