12 hours Ago By ABMN Staff
Middleton & Co. Inc. MA decreased its position in shares of Roper Technologies, Inc.
( NYSE:ROP – Free Report ) by 12.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,749 shares of the industrial products company’s stock after selling 1,342 shares during the quarter.
Middleton & Co. Inc. MA’s holdings in Roper Technologies were worth $5,495,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Symphony Financial Ltd. Co.
lifted its stake in Roper Technologies by 1.5% in the first quarter. Symphony Financial Ltd.
Co. now owns 1,299 shares of the industrial products company’s stock worth $728,000 after purchasing an additional 19 shares during the last quarter. Western Financial Corp CA boosted its holdings in Roper Technologies by 1.
1% during the 2nd quarter. Western Financial Corp CA now owns 1,727 shares of the industrial products company’s stock valued at $973,000 after acquiring an additional 19 shares during the period. AMG National Trust Bank lifted its position in shares of Roper Technologies by 5.
1% during the second quarter. AMG National Trust Bank now owns 391 shares of the industrial products company’s stock worth $220,000 after purchasing an additional 19 shares during the last quarter. Legacy Private Trust Co.
boosted its stake in shares of Roper Technologies by 4.4% during the first quarter. Legacy Private Trust Co.
now owns 470 shares of the industrial products company’s stock valued at $264,000 after purchasing an additional 20 shares during the period. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Roper Technologies by 3.
4% in the first quarter. Capital Advisors Ltd. LLC now owns 617 shares of the industrial products company’s stock worth $346,000 after purchasing an additional 20 shares during the last quarter.
Hedge funds and other institutional investors own 93.31% of the company’s stock. Analyst Upgrades and Downgrades A number of analysts recently issued reports on the company.
Royal Bank of Canada boosted their price target on Roper Technologies from $674.00 to $675.00 and gave the company an “outperform” rating in a report on Friday, August 16th.
Baird R W raised Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 25th. Oppenheimer decreased their price objective on Roper Technologies from $650.00 to $630.
00 and set an “outperform” rating for the company in a report on Thursday, July 25th. Jefferies Financial Group upped their price objective on shares of Roper Technologies from $625.00 to $635.
00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, Robert W. Baird raised shares of Roper Technologies from a “neutral” rating to an “outperform” rating and raised their target price for the company from $617.
00 to $635.00 in a research report on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock.
Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $616.00.
Roper Technologies Stock Down 0.3 % NYSE:ROP opened at $549.93 on Thursday.
The firm has a market capitalization of $58.87 billion, a P/E ratio of 39.91, a PEG ratio of 2.
89 and a beta of 1.02. The company’s fifty day moving average price is $547.
82 and its 200-day moving average price is $545.11. Roper Technologies, Inc.
has a 1-year low of $474.46 and a 1-year high of $579.10.
The company has a debt-to-equity ratio of 0.38, a current ratio of 0.53 and a quick ratio of 0.
48. Roper Technologies ( NYSE:ROP – Get Free Report ) last released its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $4.
48 earnings per share for the quarter, beating analysts’ consensus estimates of $4.46 by $0.02.
Roper Technologies had a return on equity of 10.77% and a net margin of 22.14%.
The business had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.72 billion.
As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 18.16 EPS for the current year.
Insider Activity at Roper Technologies In other news, Director Robert D. Johnson sold 140 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 5,909 shares of the company’s stock, valued at approximately $3,251,959.
06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . 0.
87% of the stock is owned by company insiders. Roper Technologies Company Profile ( Free Report ) 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. Featured Stories 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 .
.
