Bahl & Gaynor Inc. grew its position in Roper Technologies, Inc. (NYSE:ROP) by 17.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 72,660 shares of the industrial products company’s stock after purchasing an additional 11,031 shares during the period. Bahl & Gaynor Inc. owned approximately 0.07% of Roper Technologies worth $13,302,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley grew its position in Roper Technologies by 62.8% in the 1st quarter. Morgan Stanley now owns 279,450 shares of the industrial products company’s stock worth $57,704,000 after purchasing an additional 107,785 shares during the last quarter. Prudential Financial Inc. grew its position in Roper Technologies by 0.9% in the 1st quarter. Prudential Financial Inc. now owns 143,826 shares of the industrial products company’s stock worth $29,698,000 after purchasing an additional 1,259 shares during the last quarter. Swiss National Bank grew its position in Roper Technologies by 3.5% in the 2nd quarter. Swiss National Bank now owns 371,958 shares of the industrial products company’s stock worth $86,119,000 after purchasing an additional 12,600 shares during the last quarter. Meiji Yasuda Life Insurance Co bought a new position in Roper Technologies in the 1st quarter worth about $1,156,000. Finally, Parallel Advisors LLC grew its position in Roper Technologies by 26.8% in the 2nd quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 94.35% of the company’s stock.

In other Roper Technologies news, Director Christopher Wright sold 500 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $237.04, for a total value of $118,520.00. Following the completion of the sale, the director now owns 64,604 shares in the company, valued at approximately $15,313,732.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert D. Johnson sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $234.97, for a total transaction of $469,940.00. Following the completion of the sale, the director now owns 10,900 shares of the company’s stock, valued at approximately $2,561,173. The disclosure for this sale can be found here. Insiders sold a total of 5,500 shares of company stock valued at $1,294,060 in the last 90 days. Corporate insiders own 2.50% of the company’s stock.

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Several research firms have commented on ROP. Oppenheimer Holdings, Inc. upped their target price on shares of Roper Technologies from $250.00 to $257.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $260.00 price objective for the company in a report on Tuesday, August 1st. BidaskClub cut shares of Roper Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Canaccord Genuity reiterated a “hold” rating and issued a $225.00 price objective on shares of Roper Technologies in a report on Tuesday, August 1st. Finally, Raymond James Financial, Inc. increased their price objective on shares of Roper Technologies from $253.00 to $268.00 in a report on Wednesday, July 5th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $238.42.

Roper Technologies, Inc. (ROP) traded down 0.14% during mid-day trading on Thursday, reaching $235.24. 40,305 shares of the company traded hands. The stock’s 50-day moving average price is $232.37 and its 200-day moving average price is $223.59. The firm has a market cap of $24.05 billion, a PE ratio of 35.22 and a beta of 1.05. Roper Technologies, Inc. has a one year low of $167.50 and a one year high of $238.49.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, July 31st. The industrial products company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.02. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.56 EPS. Analysts forecast that Roper Technologies, Inc. will post $9.28 earnings per share for the current fiscal year.

Roper Technologies Profile

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

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