Kintegral Advisory LLC Trims Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Kintegral Advisory LLC lowered its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 927 shares of the industrial products company's stock after selling 454 shares during the quarter. Kintegral Advisory LLC's holdings in Roper Technologies were worth $547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ROP. MorganRosel Wealth Management LLC bought a new position in Roper Technologies during the 1st quarter valued at about $27,000. VSM Wealth Advisory LLC purchased a new position in Roper Technologies during the 4th quarter valued at $26,000. Alpine Bank Wealth Management purchased a new position in Roper Technologies during the 1st quarter valued at $34,000. Putney Financial Group LLC purchased a new stake in shares of Roper Technologies in the 4th quarter worth $31,000. Finally, CoreFirst Bank & Trust purchased a new stake in shares of Roper Technologies in the 4th quarter worth $36,000. Institutional investors own 93.31% of the company's stock.

Roper Technologies Trading Down 0.2%

ROP traded down $1.41 on Tuesday, hitting $564.59. The company had a trading volume of 699,366 shares, compared to its average volume of 552,277. The firm has a market cap of $60.70 billion, a P/E ratio of 39.37, a PEG ratio of 2.77 and a beta of 1.02. Roper Technologies, Inc. has a 1 year low of $499.47 and a 1 year high of $595.17. The company's fifty day moving average price is $568.82 and its 200 day moving average price is $560.21. 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 (NYSE:ROP - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The industrial products company reported $4.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.74 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. Roper Technologies's revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $4.41 EPS. As a group, equities analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th will be issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Tuesday, July 8th. Roper Technologies's dividend payout ratio (DPR) is 23.81%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ROP. Raymond James Financial restated a "strong-buy" rating and set a $655.00 price objective on shares of Roper Technologies in a research note on Monday, April 28th. Mizuho set a $600.00 price target on Roper Technologies 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. Royal Bank Of Canada increased their price target on Roper Technologies from $694.00 to $695.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Finally, Stifel Nicolaus decreased their price target on Roper Technologies from $685.00 to $650.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $632.36.

Roper Technologies Company 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.