Catalyst Financial Partners LLC Buys 37 Shares of Roper Technologies, Inc. (NYSE:ROP)

Catalyst Financial Partners LLC grew its stake in Roper Technologies, Inc. (NYSE:ROP) by 6.8% during the fourth quarter, Holdings Channel reports. The firm owned 578 shares of the industrial products company’s stock after purchasing an additional 37 shares during the period. Catalyst Financial Partners LLC’s holdings in Roper Technologies were worth $300,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ROP. Asset Management One Co. Ltd. increased its position in shares of Roper Technologies by 2.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 49,098 shares of the industrial products company’s stock valued at $25,723,000 after acquiring an additional 1,067 shares during the last quarter. Buckhead Capital Management LLC increased its position in shares of Roper Technologies by 13.0% during the fourth quarter. Buckhead Capital Management LLC now owns 11,272 shares of the industrial products company’s stock valued at $5,860,000 after acquiring an additional 1,301 shares during the last quarter. SFE Investment Counsel increased its position in shares of Roper Technologies by 4.8% during the fourth quarter. SFE Investment Counsel now owns 9,303 shares of the industrial products company’s stock valued at $4,836,000 after acquiring an additional 424 shares during the last quarter. Avestar Capital LLC increased its position in shares of Roper Technologies by 22.3% during the fourth quarter. Avestar Capital LLC now owns 769 shares of the industrial products company’s stock valued at $400,000 after acquiring an additional 140 shares during the last quarter. Finally, MGB Wealth Management LLC increased its position in shares of Roper Technologies by 6.0% during the fourth quarter. MGB Wealth Management LLC now owns 530 shares of the industrial products company’s stock valued at $276,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Insiders Place Their Bets

In other news, VP John K. Stipancich sold 1,000 shares of Roper Technologies stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $578.04, for a total value of $578,040.00. Following the transaction, the vice president now owns 38,932 shares in the company, valued at approximately $22,504,253.28. The trade was a 2.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the vice president now owns 1,329 shares in the company, valued at approximately $767,936.07. This represents a 36.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,101 shares of company stock valued at $2,947,475 over the last 90 days. Insiders own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Truist Financial reissued a “buy” rating and issued a $675.00 target price (up from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. Raymond James reissued a “strong-buy” rating and issued a $655.00 target price (up from $620.00) on shares of Roper Technologies in a research report on Friday, January 31st. JPMorgan Chase & Co. raised their target price on Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Oppenheimer raised their target price on Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, Barclays decreased their target price on Roper Technologies from $569.00 to $562.00 and set an “underweight” rating for the company in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Roper Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $622.30.

Roper Technologies Trading Up 0.0 %

Shares of ROP stock opened at $573.58 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $538.01 and a two-hundred day moving average price of $545.95. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $584.43. The firm has a market cap of $61.50 billion, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 2.78 and a beta of 1.05.

Roper Technologies Company Profile

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.