TVR Capital Management LP acquired a new position in Roper Technologies, Inc. (NYSE:ROP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 21,000 shares of the industrial products company’s stock, valued at approximately $4,862,000. Roper Technologies comprises about 1.3% of TVR Capital Management LP’s holdings, making the stock its 23rd largest holding.

Other institutional investors have also recently modified their holdings of the company. Independent Portfolio Consultants Inc. grew its position in shares of Roper Technologies by 164.7% in the 2nd quarter. Independent Portfolio Consultants Inc. now owns 503 shares of the industrial products company’s stock worth $116,000 after buying an additional 313 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Roper Technologies by 26.8% in the 2nd quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock worth $117,000 after buying an additional 106 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Roper Technologies by 34.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 589 shares of the industrial products company’s stock worth $136,000 after buying an additional 152 shares during the last quarter. Sun Life Financial INC grew its position in shares of Roper Technologies by 6,690.9% in the 2nd quarter. Sun Life Financial INC now owns 747 shares of the industrial products company’s stock worth $173,000 after buying an additional 736 shares during the last quarter. Finally, Creative Planning grew its position in shares of Roper Technologies by 12.7% in the 2nd quarter. Creative Planning now owns 807 shares of the industrial products company’s stock worth $187,000 after buying an additional 91 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Christopher Wright sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $234.00, for a total transaction of $234,000.00. Following the transaction, the director now directly owns 65,104 shares in the company, valued at $15,234,336. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Wilbur J. Prezzano sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $235.80, for a total transaction of $471,600.00. Following the transaction, the director now owns 22,000 shares in the company, valued at $5,187,600. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,500 shares of company stock worth $2,754,530. Insiders own 2.50% of the company’s stock.

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Roper Technologies, Inc. (NYSE:ROP) traded up 0.39% during mid-day trading on Friday, hitting $251.99. 206,303 shares of the stock traded hands. The stock has a market cap of $25.76 billion, a PE ratio of 37.73 and a beta of 1.04. Roper Technologies, Inc. has a 12-month low of $167.50 and a 12-month high of $252.17. The company has a 50 day moving average of $237.65 and a 200-day moving average of $227.59.

Roper Technologies (NYSE:ROP) last announced its earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.02. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period last year, the firm posted $1.56 earnings per share. Equities research analysts forecast that Roper Technologies, Inc. will post $9.28 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, October 5th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.56%. Roper Technologies’s dividend payout ratio (DPR) is presently 20.96%.

A number of research analysts have recently issued reports on ROP shares. Zacks Investment Research raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $259.00 price objective on the stock in a research report on Tuesday, July 4th. Raymond James Financial, Inc. lifted their price objective on shares of Roper Technologies from $253.00 to $268.00 in a research report on Wednesday, July 5th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $242.00 price objective on shares of Roper Technologies in a research report on Friday, July 7th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $248.00 price objective on shares of Roper Technologies in a research report on Wednesday, July 12th. Finally, BidaskClub downgraded shares of Roper Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $244.17.

About Roper Technologies

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

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