Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Roper Technologies Inc (NYSE:ROP) by 0.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 204,650 shares of the industrial products company’s stock after selling 872 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.20% of Roper Technologies worth $49,812,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. WINTON GROUP Ltd boosted its holdings in shares of Roper Technologies by 5.4% during the third quarter. WINTON GROUP Ltd now owns 10,143 shares of the industrial products company’s stock worth $2,469,000 after purchasing an additional 523 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Roper Technologies by 11.0% during the third quarter. Wells Fargo & Company MN now owns 240,674 shares of the industrial products company’s stock worth $58,579,000 after purchasing an additional 23,872 shares during the period. Zeke Capital Advisors LLC purchased a new stake in shares of Roper Technologies during the third quarter worth about $311,000. Amalgamated Bank boosted its holdings in shares of Roper Technologies by 2.0% during the third quarter. Amalgamated Bank now owns 12,110 shares of the industrial products company’s stock worth $2,948,000 after purchasing an additional 242 shares during the period. Finally, Schroder Investment Management Group lifted its holdings in Roper Technologies by 25.4% in the third quarter. Schroder Investment Management Group now owns 173,624 shares of the industrial products company’s stock worth $41,966,000 after buying an additional 35,184 shares during the period. Institutional investors own 98.09% of the company’s stock.

ROP has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $273.00 price objective for the company in a report on Monday, October 2nd. Robert W. Baird raised their price objective on shares of Roper Technologies from $238.00 to $257.00 and gave the stock a “neutral” rating in a report on Tuesday, October 31st. Royal Bank Of Canada raised their price objective on shares of Roper Technologies from $259.00 to $282.00 and gave the stock an “outperform” rating in a report on Tuesday, October 31st. Cowen restated a “buy” rating and issued a $250.00 price objective on shares of Roper Technologies in a report on Thursday, October 12th. Finally, Oppenheimer raised their price objective on shares of Roper Technologies from $257.00 to $275.00 and gave the stock an “outperform” rating in a report on Tuesday, October 31st. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $253.67.

Roper Technologies Inc (ROP) traded down $6.61 during mid-day trading on Friday, hitting $260.60. 496,342 shares of the stock traded hands, compared to its average volume of 329,191. Roper Technologies Inc has a 1 year low of $181.16 and a 1 year high of $267.83. The stock has a market capitalization of $27,352.20, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 0.76.

Roper Technologies (NYSE:ROP) last released its earnings results on Monday, October 30th. The industrial products company reported $2.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.06. Roper Technologies had a net margin of 16.17% and a return on equity of 14.47%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business earned $1.65 earnings per share. The business’s revenue was up 23.7% on a year-over-year basis. analysts forecast that Roper Technologies Inc will post 9.31 earnings per share for the current year.

In other news, Director Robert E. Knowling, Jr. sold 4,000 shares of Roper Technologies stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $259.51, for a total transaction of $1,038,040.00. Following the completion of the transaction, the director now directly owns 14,038 shares in the company, valued at $3,643,001.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Christopher Wright sold 500 shares of Roper Technologies stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $237.04, for a total transaction of $118,520.00. Following the transaction, the director now owns 64,604 shares of the company’s stock, valued at $15,313,732.16. The disclosure for this sale can be found here. Insiders have sold 10,750 shares of company stock valued at $2,681,690 over the last quarter. Company insiders own 2.50% of the company’s stock.

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Roper Technologies Company Profile

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

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