American National Bank & Trust Boosts Stake in Roper Technologies, Inc. (NYSE:ROP)

American National Bank & Trust boosted its position in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 3.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,880 shares of the industrial products company's stock after acquiring an additional 638 shares during the quarter. Roper Technologies accounts for approximately 1.4% of American National Bank & Trust's portfolio, making the stock its 21st largest holding. American National Bank & Trust's holdings in Roper Technologies were worth $12,900,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ROP. Plato Investment Management Ltd lifted its holdings in Roper Technologies by 41.4% in the fourth quarter. Plato Investment Management Ltd now owns 4,036 shares of the industrial products company's stock worth $2,106,000 after buying an additional 1,182 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Roper Technologies by 20.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,353 shares of the industrial products company's stock valued at $25,656,000 after acquiring an additional 8,415 shares in the last quarter. Vise Technologies Inc. grew its position in Roper Technologies by 192.6% in the 4th quarter. Vise Technologies Inc. now owns 1,592 shares of the industrial products company's stock worth $828,000 after purchasing an additional 1,048 shares during the period. Oppenheimer & Co. Inc. grew its position in Roper Technologies by 19.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 6,298 shares of the industrial products company's stock worth $3,274,000 after purchasing an additional 1,021 shares during the period. Finally, Raiffeisen Bank International AG bought a new stake in Roper Technologies in the 4th quarter worth approximately $761,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

NYSE ROP traded down $1.11 during mid-day trading on Thursday, reaching $566.90. 339,770 shares of the stock were exchanged, compared to its average volume of 547,347. The business's 50 day moving average is $563.71 and its 200-day moving average is $557.60. Roper Technologies, Inc. has a 1 year low of $499.47 and a 1 year high of $595.17. The company has a market capitalization of $60.95 billion, a P/E ratio of 39.53, a P/E/G ratio of 2.77 and a beta of 1.08. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.74 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. The company's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.41 EPS. On average, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend was Friday, April 4th. Roper Technologies's payout ratio is 23.81%.

Analyst Ratings Changes

ROP has been the subject of a number of research analyst reports. William Blair initiated coverage on shares of Roper Technologies in a research report on Monday, May 5th. They issued an "outperform" rating for the company. JPMorgan Chase & Co. lifted their price target on shares of Roper Technologies from $470.00 to $561.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Barclays reiterated an "underweight" rating on shares of Roper Technologies in a research note on Monday, April 28th. Oppenheimer reiterated an "outperform" rating and set a $640.00 price target on shares of Roper Technologies in a research note on Monday, April 28th. Finally, Mizuho set a $600.00 target price on shares of Roper Technologies in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Roper Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $632.36.

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.