Shares of Roper Industries Inc. (NYSE:ROP) gapped up prior to trading on Friday . The stock had previously closed at $166.72, but opened at $167.27. Roper Industries shares last traded at $169.82, with a volume of 137,875 shares trading hands.

A number of analysts have weighed in on ROP shares. Zacks Investment Research upgraded shares of Roper Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, March 29th. Canaccord Genuity reiterated a “hold” rating on shares of Roper Industries in a report on Wednesday, April 20th. Royal Bank Of Canada cut their price target on shares of Roper Industries from $201.00 to $200.00 and set an “outperform” rating on the stock in a report on Tuesday, April 26th. Stifel Nicolaus cut their price target on shares of Roper Industries from $209.00 to $200.00 and set a “buy” rating on the stock in a report on Tuesday, April 26th. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating on shares of Roper Industries in a report on Wednesday, May 25th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $191.13.

The stock’s 50-day moving average is $170.72 and its 200-day moving average is $174.24. The stock has a market cap of $17.21 billion and a price-to-earnings ratio of 25.05.

Roper Industries (NYSE:ROP) last posted its earnings results on Monday, April 25th. The company reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.04. During the same period last year, the company posted $1.55 EPS. The firm had revenue of $902 million for the quarter, compared to the consensus estimate of $895.87 million. The business’s revenue was up 4.5% on a year-over-year basis. Equities research analysts expect that Roper Industries Inc. will post $6.98 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 22nd. Stockholders of record on Friday, July 8th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Wednesday, July 6th.

In related news, Director Christopher Wright sold 1,000 shares of the stock in a transaction on Monday, June 6th. The shares were sold at an average price of $173.69, for a total transaction of $173,690.00. Following the transaction, the director now owns 69,904 shares of the company’s stock, valued at approximately $12,141,625.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert D. Johnson sold 600 shares of the stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $174.27, for a total transaction of $104,562.00. Following the transaction, the director now directly owns 7,900 shares in the company, valued at approximately $1,376,733. The disclosure for this sale can be found here.

Other institutional investors have added to or reduced their stakes in the company. Investors Capital Advisory Services raised its position in Roper Industries by 3.9% in the fourth quarter. Investors Capital Advisory Services now owns 5,949 shares of the company’s stock valued at $1,128,000 after buying an additional 221 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Roper Industries by 1.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,586 shares of the company’s stock valued at $1,250,000 after buying an additional 118 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its position in Roper Industries by 136.5% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 6,593 shares of the company’s stock valued at $1,251,000 after buying an additional 3,805 shares in the last quarter. Victory Capital Management Inc. raised its position in Roper Industries by 27.3% in the fourth quarter. Victory Capital Management Inc. now owns 6,942 shares of the company’s stock valued at $1,318,000 after buying an additional 1,487 shares in the last quarter. Finally, GAM Holding AG raised its position in Roper Industries by 2.3% in the fourth quarter. GAM Holding AG now owns 7,389 shares of the company’s stock valued at $1,402,000 after buying an additional 167 shares in the last quarter.

Roper Technologies, Inc, formerly Roper Industries, Inc, is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research.

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