Roper Technologies (NYSE: ROP) is currently a Moderate Buy according to analysts. Despite concerns about the company's performance, shares of Roper have been purchased by multiple institutions, including Benjamin Edwards Inc., HighTower Advisors LLC, and State Street Corp. However, there has been some insider selling, including shares sold by Robert Johnson. The company reported an uncharacteristic revenue miss in Q3, but notably achieved its 32nd consecutive annual dividend increase and boosted its dividend by 10%. Amidst turbulence, Roper's shares have hit an all-time high of $579.1, and substantial positions have been taken by numerous major asset management groups. Roper's balance sheet is generally considered healthy. Notably, the company has also announced plans to acquire Transact Campus for $1.6 billion, which presents a significant new growth sector through campus software. While Roper's Q3 revenue beat estimates and full-year guidance was raised, there remain some uncertainties surrounding the stock.
Roper Technologies ROP News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 10:48:34 GMT -
Rating 0
- Innovation 3
- Rumor -2
