IQ EQ FUND MANAGEMENT IRELAND Ltd lessened its stake in shares of Roper Technologies, Inc. (NYSE:ROP – Free Report) by 3.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,735 shares of the industrial products company’s stock after selling 96 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Roper Technologies were worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. LGT Group Foundation boosted its holdings in Roper Technologies by 4.9% in the 4th quarter. LGT Group Foundation now owns 38,979 shares of the industrial products company’s stock valued at $21,288,000 after purchasing an additional 1,804 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Roper Technologies by 236.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,241 shares of the industrial products company’s stock valued at $4,493,000 after acquiring an additional 5,789 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its stake in Roper Technologies by 497.6% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 9,329 shares of the industrial products company’s stock worth $5,232,000 after acquiring an additional 7,768 shares during the last quarter. Stifel Financial Corp increased its stake in Roper Technologies by 5.9% during the fourth quarter. Stifel Financial Corp now owns 50,284 shares of the industrial products company’s stock worth $27,416,000 after acquiring an additional 2,811 shares during the last quarter. Finally, Jag Capital Management LLC purchased a new stake in Roper Technologies in the fourth quarter valued at $6,944,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Insiders Place Their Bets
In other news, Director Robert D. Johnson sold 140 shares of Roper Technologies stock in a transaction on Friday, July 26th. The shares were sold at an average price of $550.34, for a total transaction of $77,047.60. Following the completion of the sale, the director now directly owns 5,909 shares of the company’s stock, valued at approximately $3,251,959.06. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Roper Technologies news, Director Christopher Wright sold 300 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $554.67, for a total value of $166,401.00. Following the transaction, the director now directly owns 35,247 shares in the company, valued at $19,550,453.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert D. Johnson sold 140 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $550.34, for a total transaction of $77,047.60. Following the sale, the director now owns 5,909 shares of the company’s stock, valued at approximately $3,251,959.06. The disclosure for this sale can be found here. Insiders sold 3,940 shares of company stock worth $2,214,019 in the last 90 days. Corporate insiders own 0.87% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on ROP
Roper Technologies Stock Up 0.6 %
Shares of NYSE:ROP traded up $3.49 during trading on Thursday, hitting $553.82. The company’s stock had a trading volume of 278,687 shares, compared to its average volume of 510,459. The company has a market capitalization of $59.28 billion, a PE ratio of 40.19, a P/E/G ratio of 2.88 and a beta of 1.02. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.48 and a current ratio of 0.53. Roper Technologies, Inc. has a fifty-two week low of $474.46 and a fifty-two week high of $579.10. The business has a 50 day moving average price of $549.94 and a two-hundred day moving average price of $544.43.
Roper Technologies (NYSE:ROP – Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The industrial products company reported $4.48 earnings per share for the quarter, topping the consensus estimate of $4.46 by $0.02. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.72 billion. Roper Technologies had a return on equity of 10.77% and a net margin of 22.14%. As a group, research analysts expect that Roper Technologies, Inc. will post 18.16 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, July 22nd. Investors of record on Monday, July 8th were paid a $0.75 dividend. The ex-dividend date of this dividend was Monday, July 8th. This represents a $3.00 dividend on an annualized basis and a yield of 0.54%. Roper Technologies’s dividend payout ratio is currently 21.77%.
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.
Recommended Stories
- Five stocks we like better than Roper Technologies
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- Investing In Preferred Stock vs. Common Stock
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- How to Evaluate a Stock Before Buying
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NYSE:ROP – Free Report).
Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.