Integrated Wealth Concepts LLC Increases Holdings in Roper Technologies, Inc. (NYSE:ROP)

Integrated Wealth Concepts LLC lifted its holdings in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 21.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,929 shares of the industrial products company's stock after purchasing an additional 1,732 shares during the period. Integrated Wealth Concepts LLC's holdings in Roper Technologies were worth $5,161,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Manchester Capital Management LLC grew its holdings in shares of Roper Technologies by 1.6% during the fourth quarter. Manchester Capital Management LLC now owns 1,139 shares of the industrial products company's stock worth $592,000 after purchasing an additional 18 shares in the last quarter. Oxford Financial Group LTD. LLC grew its holdings in shares of Roper Technologies by 3.1% during the fourth quarter. Oxford Financial Group LTD. LLC now owns 594 shares of the industrial products company's stock worth $309,000 after purchasing an additional 18 shares in the last quarter. Meridian Financial Partners LLC grew its holdings in shares of Roper Technologies by 1.0% during the fourth quarter. Meridian Financial Partners LLC now owns 2,052 shares of the industrial products company's stock worth $1,067,000 after purchasing an additional 20 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Roper Technologies by 0.5% during the fourth quarter. Principal Securities Inc. now owns 4,291 shares of the industrial products company's stock worth $2,231,000 after purchasing an additional 20 shares in the last quarter. Finally, Exchange Capital Management Inc. grew its position in Roper Technologies by 0.7% during the fourth quarter. Exchange Capital Management Inc. now owns 2,744 shares of the industrial products company's stock valued at $1,426,000 after acquiring an additional 20 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Insider Transactions at Roper Technologies

In other Roper Technologies news, VP Brandon L. Cross sold 750 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total transaction of $433,372.50. Following the completion of the transaction, the vice president now owns 1,329 shares in the company, valued at $767,936.07. The trade was a 36.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jason Conley sold 3,000 shares of the business's stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $578.05, for a total value of $1,734,150.00. Following the transaction, the chief financial officer now owns 31,522 shares of the company's stock, valued at $18,221,292.10. This trade represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,101 shares of company stock valued at $4,712,045. 0.87% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on ROP shares. Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a report on Monday. Stifel Nicolaus decreased their target price on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a research report on Tuesday. Royal Bank of Canada lifted their target price on shares of Roper Technologies from $694.00 to $695.00 and gave the stock an "outperform" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their target price on shares of Roper Technologies from $465.00 to $470.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, TD Cowen upgraded shares of Roper Technologies from a "hold" rating to a "buy" rating and boosted their price objective for the company from $535.00 to $615.00 in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $620.91.

Roper Technologies Stock Up 0.1 %

NYSE:ROP traded up $0.47 during mid-day trading on Thursday, hitting $560.55. 180,623 shares of the company's stock were exchanged, compared to its average volume of 550,262. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The company has a market cap of $60.27 billion, a PE ratio of 38.96, a P/E/G ratio of 2.77 and a beta of 1.04. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The business has a fifty day moving average price of $567.62 and a 200 day moving average price of $554.69.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly 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%. The company's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.41 EPS. Equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th were issued a $0.825 dividend. The ex-dividend date was Friday, April 4th. This represents a $3.30 annualized dividend and a dividend yield of 0.59%. Roper Technologies's dividend payout ratio (DPR) is 23.81%.

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.