Roper Technologies, Inc. (NYSE:ROP) Stock Holdings Lifted by Benchmark Investment Advisors LLC

Benchmark Investment Advisors LLC increased its holdings in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,405 shares of the industrial products company's stock after purchasing an additional 634 shares during the period. Roper Technologies accounts for 1.8% of Benchmark Investment Advisors LLC's investment portfolio, making the stock its 15th biggest position. Benchmark Investment Advisors LLC's holdings in Roper Technologies were worth $2,810,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. VSM Wealth Advisory LLC purchased a new stake in Roper Technologies during the fourth quarter valued at about $26,000. CoreFirst Bank & Trust purchased a new stake in Roper Technologies during the 4th quarter worth approximately $36,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Roper Technologies by 7,500.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company's stock valued at $40,000 after acquiring an additional 75 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Roper Technologies during the fourth quarter worth about $38,000. Finally, Golden State Wealth Management LLC bought a new position in Roper Technologies during the 4th quarter worth approximately $45,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays dropped their price target on Roper Technologies from $569.00 to $562.00 and set an "underweight" rating on the stock in a research report on Wednesday, January 8th. JPMorgan Chase & Co. lowered their target price on shares of Roper Technologies from $558.00 to $465.00 and set a "neutral" rating for the company in a research note on Tuesday. Raymond James restated a "strong-buy" rating and issued a $655.00 price target (up from $620.00) on shares of Roper Technologies in a research report on Friday, January 31st. Oppenheimer boosted their price objective on shares of Roper Technologies from $630.00 to $640.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Finally, TD Cowen raised shares of Roper Technologies from a "hold" rating to a "buy" rating and raised their target price for the stock from $535.00 to $615.00 in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $620.73.

Insider Buying and Selling

In other Roper Technologies news, CFO Jason Conley sold 3,000 shares of the business's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $578.05, for a total value of $1,734,150.00. Following the sale, the chief financial officer now directly owns 31,522 shares in the company, valued at approximately $18,221,292.10. The trade was a 8.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction of $201,912.75. Following the completion of the sale, the director now owns 20,187 shares in the company, valued at $11,612,571.75. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,101 shares of company stock valued at $4,712,045 over the last 90 days. 0.87% of the stock is currently owned by company insiders.

Roper Technologies Stock Performance

ROP traded up $12.76 during trading hours on Friday, hitting $562.36. The company's stock had a trading volume of 263,870 shares, compared to its average volume of 552,724. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17. The company has a 50-day simple moving average of $573.07 and a 200 day simple moving average of $553.90. The firm has a market capitalization of $60.39 billion, a PE ratio of 38.99, a PEG ratio of 2.77 and a beta of 1.04.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Friday, April 4th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, April 4th. Roper Technologies's dividend payout ratio is currently 23.01%.

Roper Technologies Company Profile

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.