Chevy Chase Trust Holdings Inc. increased its holdings in Roper Technologies Inc (NYSE:ROP) by 1.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 205,757 shares of the industrial products company’s stock after buying an additional 3,649 shares during the period. Chevy Chase Trust Holdings Inc.’s holdings in Roper Technologies were worth $53,290,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Harding Loevner LP boosted its holdings in shares of Roper Technologies by 293.8% in the 3rd quarter. Harding Loevner LP now owns 5,925,422 shares of the industrial products company’s stock valued at $358,642,000 after buying an additional 4,420,649 shares during the period. American Century Companies Inc. boosted its holdings in shares of Roper Technologies by 0.8% in the 3rd quarter. American Century Companies Inc. now owns 1,292,795 shares of the industrial products company’s stock valued at $314,666,000 after buying an additional 10,548 shares during the period. Artisan Partners Limited Partnership boosted its holdings in shares of Roper Technologies by 7.3% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,074,847 shares of the industrial products company’s stock valued at $261,618,000 after buying an additional 72,673 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Roper Technologies by 309.5% in the 2nd quarter. Janus Henderson Group PLC now owns 909,777 shares of the industrial products company’s stock valued at $210,649,000 after buying an additional 687,588 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Roper Technologies by 1.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 781,985 shares of the industrial products company’s stock valued at $190,335,000 after buying an additional 14,690 shares during the period. 93.48% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Inc (NYSE:ROP) opened at $276.07 on Tuesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.94 and a current ratio of 1.07. The stock has a market cap of $28,260.00, a PE ratio of 40.13, a price-to-earnings-growth ratio of 2.19 and a beta of 1.06. Roper Technologies Inc has a one year low of $185.12 and a one year high of $277.41.

Roper Technologies (NYSE:ROP) last released its quarterly earnings results on Monday, October 30th. The industrial products company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.06. Roper Technologies had a net margin of 16.17% and a return on equity of 14.47%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the firm earned $1.65 EPS. Roper Technologies’s revenue was up 23.7% on a year-over-year basis. equities research analysts predict that Roper Technologies Inc will post 9.31 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th will be given a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 0.60%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Monday, January 8th. Roper Technologies’s payout ratio is 23.98%.

In other Roper Technologies news, CEO Brian D. Jellison sold 37,220 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $277.01, for a total transaction of $10,310,312.20. Following the sale, the chief executive officer now directly owns 1,459,892 shares in the company, valued at approximately $404,404,682.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert E. Knowling, Jr. sold 4,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $259.51, for a total transaction of $1,038,040.00. Following the sale, the director now owns 14,038 shares in the company, valued at $3,643,001.38. The disclosure for this sale can be found here. Insiders have sold a total of 198,759 shares of company stock worth $53,547,538 over the last 90 days. 2.50% of the stock is owned by insiders.

A number of research analysts have issued reports on ROP shares. Zacks Investment Research raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $309.00 target price for the company in a research note on Monday. Oppenheimer reissued a “buy” rating on shares of Roper Technologies in a research note on Monday, October 30th. Royal Bank of Canada boosted their target price on shares of Roper Technologies from $259.00 to $282.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. Cowen reissued a “buy” rating and set a $250.00 target price on shares of Roper Technologies in a research note on Thursday, October 12th. Finally, Robert W. Baird boosted their target price on shares of Roper Technologies from $238.00 to $257.00 and gave the company a “neutral” rating in a research note on Tuesday, October 31st. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Roper Technologies has a consensus rating of “Buy” and a consensus price target of $263.75.

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Roper Technologies Company Profile

Roper Technologies, Inc is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for various end markets, including healthcare, transportation, commercial construction, food, energy, water, education and academic research. The Company operates in four segments: Medical & Scientific Imaging, which offers products and software in medical applications, and digital imaging products; RF Technology, which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology, which produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment, and Energy Systems & Controls, which produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls, and non-destructive inspection and measurement products and solutions.

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Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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