Rowlandmiller & PARTNERS.ADV Buys 65 Shares of Roper Technologies, Inc. (NYSE:ROP)

Rowlandmiller & PARTNERS.ADV boosted its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 32.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 267 shares of the industrial products company’s stock after buying an additional 65 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Roper Technologies were worth $139,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in Roper Technologies by 59,642.3% during the third quarter. International Assets Investment Management LLC now owns 62,132 shares of the industrial products company’s stock valued at $34,573,000 after purchasing an additional 62,028 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Roper Technologies by 57.8% in the third quarter. Assenagon Asset Management S.A. now owns 4,154 shares of the industrial products company’s stock valued at $2,311,000 after purchasing an additional 1,522 shares in the last quarter. Silver Oak Securities Incorporated raised its stake in Roper Technologies by 14.6% in the third quarter. Silver Oak Securities Incorporated now owns 963 shares of the industrial products company’s stock valued at $533,000 after purchasing an additional 123 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Roper Technologies by 45.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,629 shares of the industrial products company’s stock valued at $18,070,000 after acquiring an additional 10,158 shares during the last quarter. Finally, Forsta AP Fonden grew its position in Roper Technologies by 10.2% during the third quarter. Forsta AP Fonden now owns 22,700 shares of the industrial products company’s stock valued at $12,631,000 after acquiring an additional 2,100 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Down 1.3 %

Roper Technologies stock opened at $574.05 on Monday. The business has a 50-day simple moving average of $541.23 and a two-hundred day simple moving average of $547.90. The company has a market cap of $61.55 billion, a P/E ratio of 40.03, a P/E/G ratio of 2.77 and a beta of 1.05. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $584.43. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling at Roper Technologies

In related news, VP John K. Stipancich sold 1,000 shares of the business’s stock in a transaction that occurred 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 transaction, the vice president now directly owns 38,932 shares of the company’s stock, valued at approximately $22,504,253.28. The trade was a 2.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Wallman sold 351 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $575.25, for a total value of $201,912.75. Following the completion of the transaction, the director now directly owns 20,187 shares in the company, valued at approximately $11,612,571.75. This represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,101 shares of company stock worth $2,947,475 in the last three months. 0.87% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ROP has been the topic of several recent analyst reports. Oppenheimer raised their target price on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. JPMorgan Chase & Co. raised their price target on Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Truist Financial reissued a “buy” rating and set a $675.00 price objective (up previously from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. TD Cowen raised Roper Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $535.00 to $615.00 in a research report on Tuesday, January 28th. Finally, Robert W. Baird set a $665.00 price target on Roper Technologies in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $623.60.

About Roper Technologies

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.