Oxford Asset Management LLP Purchases New Shares in Roper Technologies, Inc. (NYSE:ROP)

Oxford Asset Management LLP purchased a new position in Roper Technologies, Inc. (NYSE:ROP - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 803 shares of the industrial products company's stock, valued at approximately $417,000.

Other large investors have also recently made changes to their positions in the company. Two Sigma Securities LLC increased its stake in shares of Roper Technologies by 285.0% during the fourth quarter. Two Sigma Securities LLC now owns 420 shares of the industrial products company's stock worth $218,000 after purchasing an additional 647 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in Roper Technologies by 8.4% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,840 shares of the industrial products company's stock valued at $2,516,000 after purchasing an additional 373 shares during the last quarter. Voya Investment Management LLC boosted its holdings in Roper Technologies by 30.7% in the 4th quarter. Voya Investment Management LLC now owns 55,570 shares of the industrial products company's stock valued at $28,888,000 after purchasing an additional 13,053 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Roper Technologies by 21.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 9,929 shares of the industrial products company's stock valued at $5,161,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Burling Wealth Partners LLC acquired a new position in shares of Roper Technologies in the 4th quarter worth approximately $4,401,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Trading Up 0.7 %

Shares of ROP stock traded up $3.91 during trading hours on Wednesday, reaching $560.08. The company had a trading volume of 670,407 shares, compared to its average volume of 551,668. The company has a 50 day moving average of $567.90 and a 200 day moving average of $554.65. 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 firm has a market cap of $60.14 billion, a price-to-earnings ratio of 39.06, a P/E/G ratio of 2.77 and a beta of 1.04. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17.

Roper Technologies (NYSE:ROP - Get Free Report) last released its earnings results on Monday, April 28th. The industrial products company reported $4.78 EPS for the quarter, beating the consensus estimate 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 in the previous year, the business posted $4.41 EPS. Roper Technologies's revenue for the quarter was up 12.0% on a year-over-year basis. On average, equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Friday, April 4th were paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Friday, April 4th. Roper Technologies's dividend payout ratio (DPR) is presently 23.01%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ROP. Robert W. Baird upped their target price on shares of Roper Technologies from $660.00 to $668.00 and gave the stock an "outperform" rating in a research note on Tuesday. Oppenheimer reaffirmed an "outperform" rating and set a $640.00 price objective on shares of Roper Technologies in a research note on Monday. Truist Financial reaffirmed a "buy" rating and set a $675.00 price objective (up from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. Royal Bank of Canada raised their price target on Roper Technologies from $694.00 to $695.00 and gave the company an "outperform" rating in a report on Tuesday. Finally, Raymond James reaffirmed a "strong-buy" rating and issued a $655.00 price objective on shares of Roper Technologies in a research note on Monday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $620.91.

Insider Buying and Selling at Roper Technologies

In other news, CFO Jason Conley sold 3,000 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $578.05, for a total transaction of $1,734,150.00. Following the sale, the chief financial officer now directly owns 31,522 shares of the company's stock, valued at approximately $18,221,292.10. This represents a 8.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John K. Stipancich sold 1,000 shares of the company's stock in a transaction on Friday, January 31st. The stock was sold at an average price of $578.04, for a total value of $578,040.00. Following the sale, the vice president now owns 38,932 shares of the company's stock, valued at approximately $22,504,253.28. This represents a 2.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,101 shares of company stock valued at $4,712,045 in the last ninety days. 0.87% of the stock is currently owned by corporate insiders.

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.