Roper Technologies, Inc. (NYSE:ROP) Shares Purchased by Aviso Financial Inc.

Aviso Financial Inc. boosted its holdings in shares of Roper Technologies, Inc. (NYSE:ROP) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,730 shares of the industrial products company’s stock after acquiring an additional 339 shares during the period. Aviso Financial Inc.’s holdings in Roper Technologies were worth $2,979,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ROP. PNC Financial Services Group Inc. raised its position in shares of Roper Technologies by 5.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 34,652 shares of the industrial products company’s stock worth $19,282,000 after purchasing an additional 1,789 shares during the last quarter. Citigroup Inc. raised its holdings in shares of Roper Technologies by 17.6% in the third quarter. Citigroup Inc. now owns 190,587 shares of the industrial products company’s stock worth $106,050,000 after acquiring an additional 28,555 shares during the last quarter. Douglas Lane & Associates LLC lifted its position in shares of Roper Technologies by 18.9% in the fourth quarter. Douglas Lane & Associates LLC now owns 109,656 shares of the industrial products company’s stock valued at $57,005,000 after acquiring an additional 17,466 shares in the last quarter. Synovus Financial Corp lifted its position in shares of Roper Technologies by 19.6% in the third quarter. Synovus Financial Corp now owns 5,867 shares of the industrial products company’s stock valued at $3,265,000 after acquiring an additional 961 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of Roper Technologies by 52.5% during the third quarter. Harvest Fund Management Co. Ltd now owns 4,938 shares of the industrial products company’s stock valued at $2,747,000 after acquiring an additional 1,699 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Down 0.6 %

ROP opened at $562.88 on Friday. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $595.17. 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 stock has a market capitalization of $60.44 billion, a PE ratio of 39.25, a P/E/G ratio of 2.77 and a beta of 1.06. The firm’s fifty day moving average price is $556.24 and its 200 day moving average price is $551.74.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th will be paid a $0.825 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.59%. Roper Technologies’s dividend payout ratio (DPR) is presently 23.01%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, VP John K. Stipancich sold 1,000 shares of the company’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 transaction of $578,040.00. Following the sale, the vice president now owns 38,932 shares in the company, valued at $22,504,253.28. This represents a 2.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Jason Conley sold 3,000 shares of Roper Technologies stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $578.05, for a total value of $1,734,150.00. Following the completion of the transaction, the chief financial officer now owns 31,522 shares of the company’s stock, valued at approximately $18,221,292.10. The trade was a 8.69 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,101 shares of company stock valued at $4,712,045. Insiders own 0.87% of the company’s stock.

Analyst Ratings Changes

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