Curi RMB Capital LLC Sells 663 Shares of Roper Technologies, Inc. (NYSE:ROP)

Curi RMB Capital LLC cut its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 56.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 503 shares of the industrial products company's stock after selling 663 shares during the period. Curi RMB Capital LLC's holdings in Roper Technologies were worth $262,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co lifted its stake in shares of Roper Technologies by 6.0% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,510 shares of the industrial products company's stock worth $2,510,000 after purchasing an additional 255 shares in the last quarter. World Investment Advisors LLC raised its stake in shares of Roper Technologies by 1.4% during the third quarter. World Investment Advisors LLC now owns 7,111 shares of the industrial products company's stock valued at $3,957,000 after purchasing an additional 100 shares during the period. Wilmington Savings Fund Society FSB increased its stake in Roper Technologies by 1,227.8% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,727 shares of the industrial products company's stock worth $2,630,000 after buying an additional 4,371 shares during the period. Tidal Investments LLC increased its position in shares of Roper Technologies by 8.5% during the third quarter. Tidal Investments LLC now owns 10,466 shares of the industrial products company's stock worth $5,824,000 after acquiring an additional 823 shares during the last quarter. Finally, Synovus Financial Corp raised its position in shares of Roper Technologies by 19.6% in the 3rd quarter. Synovus Financial Corp now owns 5,867 shares of the industrial products company's stock valued at $3,265,000 after purchasing an additional 961 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

NYSE ROP traded down $1.96 during trading hours on Friday, reaching $557.70. 671,002 shares of the company's stock were exchanged, compared to its average volume of 552,721. The firm has a fifty day moving average of $569.20 and a 200-day moving average of $554.37. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The stock has a market cap of $59.89 billion, a PE ratio of 38.89, a price-to-earnings-growth ratio of 2.77 and a beta of 1.04. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th were paid a $0.825 dividend. The ex-dividend date was 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 Activity at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 351 shares of the company's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $575.25, for a total transaction of $201,912.75. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jason Conley sold 3,000 shares of Roper Technologies stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $588.19, for a total transaction of $1,764,570.00. Following the sale, the chief financial officer now owns 31,522 shares of the company's stock, valued at approximately $18,540,925.18. This represents a 8.69 % decrease in their position. 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 ninety days. 0.87% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on ROP shares. Truist Financial reiterated a "buy" rating and issued a $675.00 price target (up from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. Barclays cut their price target on Roper Technologies from $569.00 to $562.00 and set an "underweight" rating on the stock in a report on Wednesday, January 8th. TD Cowen raised shares of Roper Technologies from a "hold" rating to a "buy" rating and upped their price objective for the stock from $535.00 to $615.00 in a report on Tuesday, January 28th. JPMorgan Chase & Co. dropped their price target on shares of Roper Technologies from $558.00 to $465.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, Oppenheimer upped their price target on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $620.73.

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.