Fiduciary Group LLC Has $819,000 Holdings in Roper Technologies, Inc. (NYSE:ROP)

Fiduciary Group LLC grew its holdings in Roper Technologies, Inc. (NYSE:ROP) by 54.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,502 shares of the industrial products company’s stock after acquiring an additional 531 shares during the quarter. Fiduciary Group LLC’s holdings in Roper Technologies were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Beaumont Financial Advisors LLC raised its stake in shares of Roper Technologies by 2.5% in the fourth quarter. Beaumont Financial Advisors LLC now owns 832 shares of the industrial products company’s stock valued at $454,000 after purchasing an additional 20 shares in the last quarter. NorthRock Partners LLC grew its holdings in shares of Roper Technologies by 1.7% in the 3rd quarter. NorthRock Partners LLC now owns 1,223 shares of the industrial products company’s stock worth $592,000 after purchasing an additional 21 shares during the last quarter. Jacobi Capital Management LLC boosted its stake in Roper Technologies by 0.5% in the third quarter. Jacobi Capital Management LLC now owns 4,193 shares of the industrial products company’s stock worth $2,030,000 after purchasing an additional 21 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Roper Technologies by 0.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,310 shares of the industrial products company’s stock worth $1,582,000 after purchasing an additional 22 shares during the last quarter. Finally, My Legacy Advisors LLC boosted its holdings in Roper Technologies by 1.0% in the fourth quarter. My Legacy Advisors LLC now owns 2,129 shares of the industrial products company’s stock valued at $1,133,000 after acquiring an additional 22 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Christopher Wright sold 200 shares of Roper Technologies stock in a transaction on Monday, March 18th. The shares were sold at an average price of $549.71, for a total transaction of $109,942.00. Following the completion of the transaction, the director now directly owns 35,547 shares of the company’s stock, valued at $19,540,541.37. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ROP shares. Wells Fargo & Company increased their price objective on shares of Roper Technologies from $560.00 to $615.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. Mizuho increased their target price on shares of Roper Technologies from $525.00 to $530.00 and gave the stock a “neutral” rating in a report on Monday. Royal Bank of Canada increased their price target on Roper Technologies from $620.00 to $622.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. TD Cowen cut Roper Technologies from an “outperform” rating to a “market perform” rating and set a $535.00 price objective on the stock. in a report on Thursday, January 4th. Finally, Raymond James raised their target price on shares of Roper Technologies from $572.00 to $620.00 and gave the stock a “strong-buy” rating in a report on Friday, February 2nd. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Roper Technologies has an average rating of “Moderate Buy” and an average target price of $575.00.

Roper Technologies Price Performance

Shares of NYSE ROP opened at $526.78 on Monday. Roper Technologies, Inc. has a fifty-two week low of $435.49 and a fifty-two week high of $565.00. The stock has a market capitalization of $56.38 billion, a price-to-earnings ratio of 38.23, a PEG ratio of 2.77 and a beta of 0.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.49 and a quick ratio of 0.45. The business has a 50-day moving average of $545.05 and a 200-day moving average of $533.84.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings results on Friday, April 26th. The industrial products company reported $4.41 earnings per share for the quarter, topping the consensus estimate of $4.34 by $0.07. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Roper Technologies had a return on equity of 10.75% and a net margin of 23.21%. The business’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.90 EPS. As a group, sell-side analysts predict that Roper Technologies, Inc. will post 18.08 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 22nd. Shareholders of record on Friday, April 5th were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Thursday, April 4th. Roper Technologies’s dividend payout ratio (DPR) is presently 21.77%.

About Roper Technologies

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.