Dudley & Shanley Inc. grew its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 584.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,455 shares of the industrial products company’s stock after purchasing an additional 14,905 shares during the period. Roper Technologies makes up approximately 1.2% of Dudley & Shanley Inc.’s holdings, making the stock its 24th largest holding. Dudley & Shanley Inc.’s holdings in Roper Technologies were worth $7,770,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ROP. Asset Dedication LLC lifted its position in Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after buying an additional 40 shares in the last quarter. Field & Main Bank acquired a new stake in Roper Technologies during the 3rd quarter valued at $25,000. Triumph Capital Management acquired a new stake in Roper Technologies during the 3rd quarter valued at $25,000. Vermillion & White Wealth Management Group LLC increased its stake in Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after buying an additional 25 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in Roper Technologies in the 2nd quarter worth $39,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Roper Technologies Stock Performance
Shares of Roper Technologies stock opened at $353.48 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52. Roper Technologies, Inc. has a 1 year low of $313.07 and a 1 year high of $594.25. The firm’s 50-day simple moving average is $362.10 and its 200-day simple moving average is $431.54. The firm has a market cap of $36.38 billion, a PE ratio of 24.89, a price-to-earnings-growth ratio of 1.69 and a beta of 0.94.
Roper Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be given a $0.91 dividend. The ex-dividend date is Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is presently 25.63%.
Insider Buying and Selling at Roper Technologies
In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of Roper Technologies stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the purchase, the director directly owned 1,400 shares of the company’s stock, valued at $501,844. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.87% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on ROP shares. Jefferies Financial Group set a $500.00 target price on Roper Technologies in a research note on Wednesday, January 28th. Weiss Ratings cut Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. TD Cowen restated a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Robert W. Baird set a $550.00 price objective on Roper Technologies in a report on Wednesday, January 28th. Finally, Piper Sandler cut their target price on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $478.53.
View Our Latest Stock Report on ROP
Roper Technologies Profile
Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.
Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.
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