SWS Partners Has $519,000 Holdings in Roper Technologies, Inc. (NYSE:ROP)


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SWS Partners raised its position in Roper Technologies, Inc. (NYSE:ROP) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,203 shares of the industrial products company’s stock after buying an additional 127 shares during the period. SWS Partners’ holdings in Roper Technologies were worth $519,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Edge Wealth Management LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth approximately $25,000. Samalin Investment Counsel LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth approximately $26,000. Childress Capital Advisors LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth approximately $27,000. Capital Asset Advisory Services LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth approximately $31,000. Finally, Regent Peak Wealth Advisors LLC bought a new stake in shares of Roper Technologies during the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 91.73% of the company’s stock.

Shares of NYSE:ROP opened at $414.74 on Thursday. The company has a 50 day moving average price of $392.89 and a two-hundred day moving average price of $406.10. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.64 and a current ratio of 0.73. Roper Technologies, Inc. has a 52 week low of $304.55 and a 52 week high of $455.72. The company has a market capitalization of $43.52 billion, a PE ratio of 27.93, a PEG ratio of 2.73 and a beta of 1.03.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings data on Thursday, January 28th. The industrial products company reported $3.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.49 by $0.07. Roper Technologies had a net margin of 28.89% and a return on equity of 13.53%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the firm earned $3.39 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 12.65 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 22nd. Stockholders of record on Monday, April 5th will be given a dividend of $0.563 per share. This is an increase from Roper Technologies’s previous quarterly dividend of $0.56. The ex-dividend date is Thursday, April 1st. This represents a $2.25 annualized dividend and a dividend yield of 0.54%. Roper Technologies’s dividend payout ratio is currently 17.24%.

A number of research firms recently weighed in on ROP. Oppenheimer boosted their price target on shares of Roper Technologies from $460.00 to $505.00 and gave the stock an “outperform” rating in a research note on Thursday. Barclays boosted their price target on shares of Roper Technologies from $440.00 to $445.00 and gave the stock an “overweight” rating in a research note on Tuesday. Argus boosted their price target on shares of Roper Technologies from $425.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, February 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Roper Technologies from $320.00 to $310.00 and set an “underweight” rating for the company in a research note on Monday, February 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $433.78.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and engineered products and solutions. The company offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software; and software, services, and technologies for foodservice operations.

Further Reading: Understanding Average Daily Trade Volume

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

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