DF Dent & Co. Inc. Has $164.28 Million Holdings in Roper Technologies Inc (ROP)

DF Dent & Co. Inc. lowered its holdings in Roper Technologies Inc (NYSE:ROP) by 7.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 674,931 shares of the industrial products company’s stock after selling 51,551 shares during the quarter. Roper Technologies accounts for about 4.3% of DF Dent & Co. Inc.’s holdings, making the stock its 2nd biggest position. DF Dent & Co. Inc. owned about 0.66% of Roper Technologies worth $164,278,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Roper Technologies by 0.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,580 shares of the industrial products company’s stock worth $1,755,000 after buying an additional 23 shares during the last quarter. Bellwether Investment Group LLC raised its stake in shares of Roper Technologies by 1.2% during the 2nd quarter. Bellwether Investment Group LLC now owns 2,122 shares of the industrial products company’s stock worth $491,000 after buying an additional 26 shares during the last quarter. Scotia Capital Inc. raised its stake in shares of Roper Technologies by 1.8% during the 2nd quarter. Scotia Capital Inc. now owns 1,744 shares of the industrial products company’s stock worth $404,000 after buying an additional 30 shares during the last quarter. Fiera Capital Corp raised its stake in shares of Roper Technologies by 3.5% during the 2nd quarter. Fiera Capital Corp now owns 1,340 shares of the industrial products company’s stock worth $310,000 after buying an additional 45 shares during the last quarter. Finally, Burney Co. raised its stake in shares of Roper Technologies by 5.1% during the 2nd quarter. Burney Co. now owns 1,030 shares of the industrial products company’s stock worth $237,000 after buying an additional 50 shares during the last quarter. 93.78% of the stock is owned by institutional investors.

Roper Technologies Inc (NYSE:ROP) traded down $4.12 during trading on Tuesday, reaching $256.46. The company had a trading volume of 649,800 shares, compared to its average volume of 426,644. The stock has a market cap of $26,673.54, a PE ratio of 30.41, a PEG ratio of 2.27 and a beta of 1.06. Roper Technologies Inc has a 1 year low of $182.03 and a 1 year high of $267.83. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 0.76.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, October 30th. The industrial products company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.06. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Roper Technologies had a return on equity of 14.47% and a net margin of 16.17%. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.65 EPS. equities research analysts predict that Roper Technologies Inc will post 9.31 EPS for the current fiscal year.

ROP has been the subject of several research reports. J P Morgan Chase & Co raised Roper Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $223.00 to $275.00 in a research note on Wednesday, September 20th. Cowen reaffirmed a “buy” rating and set a $250.00 price target on shares of Roper Technologies in a research note on Thursday, October 12th. Royal Bank of Canada lifted their price target on Roper Technologies from $259.00 to $282.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 31st. Oppenheimer reaffirmed a “buy” rating on shares of Roper Technologies in a research note on Monday, October 30th. Finally, Robert W. Baird lifted their price target on Roper Technologies from $238.00 to $257.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Roper Technologies presently has an average rating of “Buy” and a consensus price target of $253.67.

In other Roper Technologies news, VP Jason Conley sold 5,000 shares of Roper Technologies stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $245.00, for a total value of $1,225,000.00. Following the completion of the sale, the vice president now owns 14,571 shares in the company, valued at approximately $3,569,895. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert D. Johnson sold 1,200 shares of Roper Technologies stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $260.03, for a total value of $312,036.00. Following the completion of the sale, the director now owns 9,700 shares of the company’s stock, valued at approximately $2,522,291. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,450 shares of company stock valued at $2,875,206. 2.50% of the stock is currently owned by company insiders.

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Roper Technologies Profile

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

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