Antonelli Financial Advisors LLC Invests $210,000 in Roper Technologies, Inc. (NYSE:ROP)

Antonelli Financial Advisors LLC purchased a new stake in shares of Roper Technologies, Inc. (NYSE:ROP) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 404 shares of the industrial products company’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ROP. Empowered Funds LLC boosted its holdings in shares of Roper Technologies by 11.7% in the third quarter. Empowered Funds LLC now owns 2,108 shares of the industrial products company’s stock worth $1,173,000 after acquiring an additional 220 shares during the period. Thrivent Financial for Lutherans boosted its stake in Roper Technologies by 3.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 7,610 shares of the industrial products company’s stock worth $4,235,000 after purchasing an additional 269 shares during the period. Pathstone Holdings LLC grew its holdings in Roper Technologies by 0.4% during the 3rd quarter. Pathstone Holdings LLC now owns 14,850 shares of the industrial products company’s stock valued at $8,265,000 after buying an additional 66 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Roper Technologies by 59.0% during the third quarter. Meeder Asset Management Inc. now owns 124 shares of the industrial products company’s stock valued at $69,000 after buying an additional 46 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Roper Technologies in the third quarter worth about $4,482,000. 93.31% of the stock is owned by institutional investors.

Roper Technologies Trading Down 0.4 %

NYSE ROP opened at $575.45 on Friday. The stock has a 50-day moving average of $562.75 and a 200-day moving average of $552.56. 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 1-year low of $499.47 and a 1-year high of $595.17. The firm has a market cap of $61.79 billion, a PE ratio of 40.13, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Friday, April 4th. Roper Technologies’s dividend payout ratio (DPR) is presently 23.01%.

Insider Transactions at Roper Technologies

In related news, VP Brandon L. Cross sold 750 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the sale, the vice president now directly owns 1,329 shares of the company’s stock, valued at $767,936.07. This trade represents a 36.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard F. Wallman sold 351 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $575.25, for a total value of $201,912.75. Following the transaction, the director now directly owns 20,187 shares of the company’s stock, valued at $11,612,571.75. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,101 shares of company stock worth $4,712,045. Insiders own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ROP. Oppenheimer upped their target price on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. TD Cowen upgraded Roper Technologies from a “hold” rating to a “buy” rating and increased their price objective for the stock from $535.00 to $615.00 in a research report on Tuesday, January 28th. Robert W. Baird set a $665.00 price objective on Roper Technologies in a research note on Friday, January 31st. JPMorgan Chase & Co. upped their target price on Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Finally, Truist Financial reissued a “buy” rating and set a $675.00 price objective (up previously from $665.00) on shares of Roper Technologies in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $623.60.

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.