One Plus One Wealth Management LLC Acquires New Stake in Roper Technologies, Inc. (NYSE:ROP)

One Plus One Wealth Management LLC purchased a new stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 491 shares of the industrial products company's stock, valued at approximately $255,000.

A number of other institutional investors also recently modified their holdings of the company. Ledyard National Bank lifted its stake in Roper Technologies by 2.1% during the third quarter. Ledyard National Bank now owns 896 shares of the industrial products company's stock worth $499,000 after purchasing an additional 18 shares during the period. Meridian Financial Partners LLC raised its stake in Roper Technologies by 1.0% during the fourth quarter. Meridian Financial Partners LLC now owns 2,052 shares of the industrial products company's stock worth $1,067,000 after acquiring an additional 20 shares in the last quarter. Cromwell Holdings LLC grew its holdings in shares of Roper Technologies by 6.8% in the 3rd quarter. Cromwell Holdings LLC now owns 332 shares of the industrial products company's stock worth $185,000 after purchasing an additional 21 shares during the last quarter. Hibernia Wealth Partners LLC lifted its holdings in Roper Technologies by 4.2% during the 3rd quarter. Hibernia Wealth Partners LLC now owns 522 shares of the industrial products company's stock valued at $291,000 after purchasing an additional 21 shares during the last quarter. Finally, Ballast Advisors LLC grew its stake in Roper Technologies by 1.3% during the third quarter. Ballast Advisors LLC now owns 1,656 shares of the industrial products company's stock worth $921,000 after buying an additional 21 shares during the last quarter. Institutional investors own 93.31% of the company's stock.

Insiders Place Their Bets

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 transaction of $433,372.50. Following the transaction, the vice president now directly owns 1,329 shares in the company, valued at approximately $767,936.07. The trade was a 36.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 351 shares of the business's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $575.25, for a total value of $201,912.75. Following the completion of the transaction, the director now directly owns 20,187 shares of the company's stock, valued at approximately $11,612,571.75. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,101 shares of company stock worth $2,947,475. Insiders own 0.87% of the company's stock.

Roper Technologies Trading Up 0.0 %

Shares of NYSE:ROP traded up $0.15 during midday trading on Monday, hitting $573.58. The company had a trading volume of 353,178 shares, compared to its average volume of 665,349. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $584.43. The firm has a fifty day simple moving average of $538.46 and a 200 day simple moving average of $546.16. The stock has a market cap of $61.50 billion, a price-to-earnings ratio of 40.00, a PEG ratio of 2.78 and a beta of 1.05.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ROP shares. Oppenheimer boosted their target price on Roper Technologies from $630.00 to $640.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. JPMorgan Chase & Co. raised their target price on Roper Technologies from $539.00 to $558.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. Robert W. Baird lifted their price target on Roper Technologies from $635.00 to $652.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Royal Bank of Canada lowered their price objective on shares of Roper Technologies from $675.00 to $666.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. Finally, Truist Financial reissued a "buy" rating and set a $675.00 price target (up from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Roper Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $622.30.

Roper Technologies 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.