Global Retirement Partners LLC increased its holdings in shares of Roper Technologies, Inc. (NYSE:ROP) by 21.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,991 shares of the industrial products company’s stock after purchasing an additional 528 shares during the quarter. Global Retirement Partners LLC’s holdings in Roper Technologies were worth $1,289,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC boosted its stake in Roper Technologies by 137.4% during the third quarter. CIBC Private Wealth Group LLC now owns 915,019 shares of the industrial products company’s stock valued at $361,533,000 after buying an additional 529,614 shares during the last quarter. FMR LLC lifted its stake in shares of Roper Technologies by 15.5% in the 2nd quarter. FMR LLC now owns 2,908,227 shares of the industrial products company’s stock valued at $1,129,148,000 after purchasing an additional 389,726 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Roper Technologies by 77.9% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 325,360 shares of the industrial products company’s stock valued at $128,553,000 after purchasing an additional 142,452 shares during the last quarter. State of Tennessee Treasury Department lifted its stake in shares of Roper Technologies by 603.7% in the 3rd quarter. State of Tennessee Treasury Department now owns 151,050 shares of the industrial products company’s stock valued at $59,682,000 after purchasing an additional 129,586 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Roper Technologies by 8.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,169,619 shares of the industrial products company’s stock valued at $462,128,000 after purchasing an additional 89,088 shares during the last quarter. Hedge funds and other institutional investors own 92.18% of the company’s stock.
In other Roper Technologies news, Director Robert D. Johnson sold 500 shares of the firm’s stock in a transaction on Tuesday, December 1st. The stock was sold at an average price of $429.67, for a total transaction of $214,835.00. Following the transaction, the director now directly owns 8,537 shares in the company, valued at approximately $3,668,092.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.90% of the company’s stock.
ROP opened at $413.15 on Thursday. The stock’s fifty day moving average is $423.00 and its two-hundred day moving average is $413.73. The company has a market capitalization of $43.33 billion, a P/E ratio of 27.04, a PEG ratio of 3.22 and a beta of 1.06. Roper Technologies, Inc. has a 52 week low of $240.00 and a 52 week high of $455.72. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 0.53.
Roper Technologies (NYSE:ROP) last released its quarterly earnings data on Tuesday, October 27th. The industrial products company reported $3.17 EPS for the quarter, topping the consensus estimate of $3.04 by $0.13. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.37 billion. Roper Technologies had a return on equity of 14.20% and a net margin of 29.75%. Roper Technologies’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the business posted $3.29 EPS. Equities analysts anticipate that Roper Technologies, Inc. will post 12.55 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 22nd. Shareholders of record on Friday, January 8th will be issued a dividend of $0.5625 per share. This is an increase from Roper Technologies’s previous quarterly dividend of $0.51. This represents a $2.25 annualized dividend and a yield of 0.54%. The ex-dividend date is Thursday, January 7th. Roper Technologies’s dividend payout ratio (DPR) is presently 17.24%.
Roper Technologies Company Profile
Roper Technologies, Inc designs and develops software, and engineered products and solutions worldwide. It offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software; and software, services, and technologies for foodservice operations.
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