Roper Technologies, Inc. (NYSE:ROP) Shares Purchased by Cwm LLC

Cwm LLC raised its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 16.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,870 shares of the industrial products company’s stock after buying an additional 399 shares during the quarter. Cwm LLC’s holdings in Roper Technologies were worth $1,565,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ROP. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Roper Technologies by 4.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,790 shares of the industrial products company’s stock worth $6,428,000 after purchasing an additional 548 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of Roper Technologies by 33.7% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,595 shares of the industrial products company’s stock worth $870,000 after purchasing an additional 402 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Roper Technologies by 6.6% during the fourth quarter. Signaturefd LLC now owns 1,978 shares of the industrial products company’s stock worth $1,078,000 after purchasing an additional 122 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in shares of Roper Technologies by 6.8% during the fourth quarter. Lindbrook Capital LLC now owns 1,458 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 93 shares during the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of Roper Technologies during the fourth quarter worth $217,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ROP shares. Mizuho raised their price objective on Roper Technologies from $500.00 to $525.00 and gave the stock a “neutral” rating in a report on Thursday, February 1st. Wells Fargo & Company increased their target price on Roper Technologies from $560.00 to $615.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Royal Bank of Canada increased their target price on Roper Technologies from $620.00 to $622.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Oppenheimer increased their target price on Roper Technologies from $580.00 to $650.00 and gave the stock an “outperform” rating in a research report on Friday, March 22nd. Finally, TD Cowen lowered Roper Technologies from an “outperform” rating to a “market perform” rating and set a $535.00 target price on the stock. in a research report on Thursday, January 4th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Moderate Buy” and an average price target of $574.58.

Insider Buying and Selling

In related news, Director Christopher Wright sold 200 shares of Roper Technologies stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $549.71, for a total value of $109,942.00. Following the completion of the transaction, the director now directly owns 35,547 shares in the company, valued at $19,540,541.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.94% of the company’s stock.

Roper Technologies Stock Down 2.5 %

Shares of Roper Technologies stock opened at $526.78 on Friday. The business has a 50-day moving average of $545.05 and a 200-day moving average of $533.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.50 and a quick ratio of 0.46. The company has a market capitalization of $56.38 billion, a PE ratio of 32.34, a P/E/G ratio of 2.85 and a beta of 0.99. Roper Technologies, Inc. has a 1-year low of $435.49 and a 1-year high of $565.00.

Roper Technologies (NYSE:ROP) last announced its earnings results on Friday, April 26th. The industrial products company reported $4.41 earnings per share for the quarter, beating the consensus estimate of $4.34 by $0.07. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.65 billion. Roper Technologies had a return on equity of 10.63% and a net margin of 22.41%. The company’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the firm earned $3.90 earnings per share. As a group, equities analysts forecast that Roper Technologies, Inc. will post 18.08 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 22nd. Investors of record on Friday, April 5th were paid a $0.75 dividend. The ex-dividend date was Thursday, April 4th. This represents a $3.00 dividend on an annualized basis and a yield of 0.57%. Roper Technologies’s dividend payout ratio (DPR) is 23.27%.

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.