American Century Companies Inc. Has $319.71 Million Holdings in Roper Technologies, Inc. (NYSE:ROP)

American Century Companies Inc. lessened its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 4.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 614,999 shares of the industrial products company's stock after selling 30,143 shares during the quarter. American Century Companies Inc. owned approximately 0.57% of Roper Technologies worth $319,707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Mizuho Securities USA LLC boosted its stake in Roper Technologies by 46.2% during the fourth quarter. Mizuho Securities USA LLC now owns 10,163 shares of the industrial products company's stock worth $5,283,000 after buying an additional 3,212 shares in the last quarter. Quantbot Technologies LP boosted its position in shares of Roper Technologies by 632.5% during the 4th quarter. Quantbot Technologies LP now owns 23,483 shares of the industrial products company's stock valued at $12,208,000 after acquiring an additional 20,277 shares in the last quarter. Sciencast Management LP bought a new stake in Roper Technologies in the fourth quarter valued at about $731,000. Oxford Financial Group LTD. LLC raised its position in Roper Technologies by 3.1% in the fourth quarter. Oxford Financial Group LTD. LLC now owns 594 shares of the industrial products company's stock worth $309,000 after purchasing an additional 18 shares in the last quarter. Finally, Antonelli Financial Advisors LLC bought a new position in Roper Technologies during the fourth quarter worth about $210,000. 93.31% of the stock is currently owned by institutional investors.

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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 value of $1,734,150.00. Following the transaction, the chief financial officer now owns 31,522 shares of the company's stock, valued at $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 is available through this hyperlink. Also, VP Brandon L. Cross sold 750 shares of Roper Technologies stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the sale, the vice president now directly owns 1,329 shares of the company's stock, valued at approximately $767,936.07. This trade represents a 36.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,101 shares of company stock valued at $4,712,045. 0.87% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ROP. JPMorgan Chase & Co. increased their target price on Roper Technologies from $539.00 to $558.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. Oppenheimer increased their price objective on Roper Technologies from $630.00 to $640.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Truist Financial restated a "buy" rating and issued a $675.00 target price (up previously from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. Robert W. Baird set a $665.00 target price on shares of Roper Technologies in a research report on Friday, January 31st. Finally, TD Cowen upgraded shares of Roper Technologies from a "hold" rating to a "buy" rating and boosted their price target for the company from $535.00 to $615.00 in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $623.60.

Roper Technologies Trading Up 0.6 %

NYSE:ROP traded up $3.64 during trading hours on Wednesday, hitting $582.71. 336,466 shares of the stock were exchanged, compared to its average volume of 499,065. The company has a market capitalization of $62.57 billion, a P/E ratio of 40.64, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The company's 50 day moving average is $566.88 and its two-hundred day moving average is $553.02.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Friday, April 4th will be issued a $0.825 dividend. The ex-dividend date is Friday, April 4th. This represents a $3.30 annualized dividend and a yield of 0.57%. Roper Technologies's dividend payout ratio is currently 23.01%.

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.