Williams Jones Wealth Management LLC. Acquires 512 Shares of Roper Technologies, Inc. (NYSE:ROP)

Williams Jones Wealth Management LLC. increased its holdings in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 260,449 shares of the industrial products company's stock after purchasing an additional 512 shares during the quarter. Roper Technologies makes up 1.6% of Williams Jones Wealth Management LLC.'s investment portfolio, making the stock its 17th biggest holding. Williams Jones Wealth Management LLC. owned approximately 0.24% of Roper Technologies worth $135,394,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ROP. Plato Investment Management Ltd raised its position in shares of Roper Technologies by 41.4% during the fourth quarter. Plato Investment Management Ltd now owns 4,036 shares of the industrial products company's stock worth $2,106,000 after acquiring an additional 1,182 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Roper Technologies by 20.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,353 shares of the industrial products company's stock valued at $25,656,000 after purchasing an additional 8,415 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Roper Technologies by 19.3% during 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 last quarter. Eos Management L.P. lifted its position in shares of Roper Technologies by 124.9% in the 4th quarter. Eos Management L.P. now owns 8,324 shares of the industrial products company's stock worth $4,327,000 after purchasing an additional 4,623 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Roper Technologies by 5.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 107,146 shares of the industrial products company's stock valued at $55,700,000 after purchasing an additional 5,642 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Trading Down 0.4%

NYSE:ROP opened at $580.47 on Tuesday. 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 one year low of $499.47 and a one year high of $595.17. The company has a market cap of $62.41 billion, a PE ratio of 40.48, a PEG ratio of 2.77 and a beta of 1.08. The firm has a 50-day moving average of $565.52 and a 200-day moving average of $556.80.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 EPS for the quarter, topping 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 quarter last year, the company posted $4.41 earnings per share. Roper Technologies's quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities research analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Friday, April 4th. Roper Technologies's dividend payout ratio is 23.81%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ROP shares. Mizuho set a $600.00 target price on shares of Roper Technologies in a research note on Friday. Barclays reissued an "underweight" rating on shares of Roper Technologies in a research note on Monday, April 28th. Raymond James restated a "strong-buy" rating and set a $655.00 target price on shares of Roper Technologies in a research report on Monday, April 28th. William Blair initiated coverage on Roper Technologies in a research note on Monday, May 5th. They issued an "outperform" rating on the stock. Finally, JPMorgan Chase & Co. increased their price target on Roper Technologies from $470.00 to $561.00 and gave the stock a "neutral" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $632.36.

Insider Transactions at Roper Technologies

In related news, CFO Jason Conley sold 3,000 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $588.19, for a total transaction of $1,764,570.00. Following the transaction, the chief financial officer now directly owns 31,522 shares in the company, valued at approximately $18,540,925.18. The trade was a 8.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.78% of the company's stock.

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.

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