Threadgill Financial LLC Buys 4,037 Shares of Roper Technologies, Inc. (NYSE:ROP)

Threadgill Financial LLC boosted its holdings in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 75.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,382 shares of the industrial products company's stock after buying an additional 4,037 shares during the period. Roper Technologies makes up about 3.0% of Threadgill Financial LLC's holdings, making the stock its 8th largest holding. Threadgill Financial LLC's holdings in Roper Technologies were worth $5,531,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ROP. VSM Wealth Advisory LLC purchased a new position in Roper Technologies in the 4th quarter worth approximately $26,000. Putney Financial Group LLC bought a new stake in Roper Technologies during the 4th quarter valued at $31,000. CoreFirst Bank & Trust purchased a new stake in Roper Technologies during the 4th quarter valued at $36,000. Parvin Asset Management LLC purchased a new position in shares of Roper Technologies in the fourth quarter valued at about $39,000. Finally, OFI Invest Asset Management bought a new position in shares of Roper Technologies during the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Roper Technologies Stock Up 0.3%

NYSE ROP traded up $1.48 on Thursday, reaching $569.49. The company had a trading volume of 656,412 shares, compared to its average volume of 548,563. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. Roper Technologies, Inc. has a 1 year low of $499.47 and a 1 year high of $595.17. The firm has a 50-day moving average of $563.71 and a 200-day moving average of $557.60. The firm has a market capitalization of $61.23 billion, a PE ratio of 39.71, a P/E/G ratio of 2.77 and a beta of 1.08.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its earnings results on Monday, April 28th. The industrial products company reported $4.78 earnings per share 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%. During the same period in the prior year, the firm earned $4.41 earnings per share. The firm's revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ROP. JPMorgan Chase & Co. raised their target price on Roper Technologies from $470.00 to $561.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Robert W. Baird raised their price target on Roper Technologies from $660.00 to $668.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Royal Bank of Canada raised their price target on Roper Technologies from $694.00 to $695.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. Oppenheimer restated an "outperform" rating and issued a $640.00 price target on shares of Roper Technologies in a report on Monday, April 28th. Finally, Barclays reissued an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Roper Technologies 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.