Sendero Wealth Management LLC bought a new position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 488 shares of the industrial products company's stock, valued at approximately $288,000.
Several other institutional investors also recently bought and sold shares of ROP. Iams Wealth Management LLC raised its stake in shares of Roper Technologies by 9.2% in the 1st quarter. Iams Wealth Management LLC now owns 1,002 shares of the industrial products company's stock valued at $591,000 after acquiring an additional 84 shares in the last quarter. Crestmont Private Wealth LLC grew its holdings in Roper Technologies by 21.8% during the first quarter. Crestmont Private Wealth LLC now owns 966 shares of the industrial products company's stock valued at $570,000 after purchasing an additional 173 shares during the last quarter. Threadgill Financial LLC raised its position in shares of Roper Technologies by 75.5% in the first quarter. Threadgill Financial LLC now owns 9,382 shares of the industrial products company's stock valued at $5,531,000 after purchasing an additional 4,037 shares during the period. Whipplewood Advisors LLC lifted its stake in shares of Roper Technologies by 826.1% in the first quarter. Whipplewood Advisors LLC now owns 213 shares of the industrial products company's stock worth $126,000 after buying an additional 190 shares during the last quarter. Finally, Fulton Bank N.A. boosted its holdings in shares of Roper Technologies by 1.1% during the 1st quarter. Fulton Bank N.A. now owns 9,192 shares of the industrial products company's stock worth $5,419,000 after buying an additional 101 shares during the period. 93.31% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages recently commented on ROP. Raymond James reiterated a "strong-buy" rating and issued a $655.00 target price on shares of Roper Technologies in a report on Monday, April 28th. William Blair began coverage on Roper Technologies in a research note on Monday, May 5th. They issued an "outperform" rating on the stock. Stifel Nicolaus cut their price objective on Roper Technologies from $685.00 to $650.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. Finally, Mizuho set a $600.00 price target on Roper Technologies in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $632.36.
Read Our Latest Stock Analysis on ROP
Roper Technologies Stock Performance
Shares of ROP stock traded up $3.39 during mid-day trading on Friday, reaching $572.87. The stock had a trading volume of 336,683 shares, compared to its average volume of 548,415. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The firm has a market cap of $61.59 billion, a PE ratio of 39.95, a P/E/G ratio of 2.77 and a beta of 1.03. The firm's 50 day simple moving average is $563.31 and its 200 day simple moving average is $557.74. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35.
Roper Technologies (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, April 28th. The industrial products company reported $4.78 EPS for the quarter, beating analysts' consensus estimates of $4.74 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%. During the same period last year, the business earned $4.41 earnings per share. The firm's quarterly revenue was up 12.0% on a year-over-year basis. On average, analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.
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 Articles
Before you consider Roper Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Roper Technologies wasn't on the list.
While Roper Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
