Universal Beteiligungs und Servicegesellschaft mbH Grows Stock Holdings in Roper Technologies, Inc. $ROP

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 8.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,907 shares of the industrial products company’s stock after acquiring an additional 9,856 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Roper Technologies worth $64,285,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROP. Asset Dedication LLC raised its stake in shares of Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after buying an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 25 shares during the period. Quent Capital LLC purchased a new position in Roper Technologies during the third quarter valued at approximately $37,000. CoreFirst Bank & Trust acquired a new position in Roper Technologies in the second quarter valued at approximately $39,000. Finally, J.Safra Asset Management Corp boosted its position in Roper Technologies by 222.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ROP shares. Stifel Nicolaus set a $550.00 target price on shares of Roper Technologies in a research note on Friday, October 24th. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $644.00 to $539.00 in a report on Monday, October 27th. The Goldman Sachs Group dropped their price objective on Roper Technologies from $572.00 to $507.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. TD Cowen cut their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, Jefferies Financial Group decreased their target price on Roper Technologies from $650.00 to $600.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Roper Technologies presently has an average rating of “Moderate Buy” and an average target price of $551.07.

Roper Technologies Stock Performance

NASDAQ ROP opened at $404.66 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The stock’s 50 day simple moving average is $440.23 and its 200-day simple moving average is $488.68. The company has a market cap of $43.56 billion, a PE ratio of 27.89, a price-to-earnings-growth ratio of 1.89 and a beta of 0.94. Roper Technologies, Inc. has a 1-year low of $399.09 and a 1-year high of $595.17.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, beating the consensus estimate of $5.11 by $0.03. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.62 EPS. As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date was Friday, January 2nd. Roper Technologies’s dividend payout ratio (DPR) is currently 25.09%.

Insider Activity

In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total value of $13,307,100.00. Following the completion of the sale, the chief executive officer owned 87,311 shares in the company, valued at approximately $38,728,540.27. This represents a 25.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of the stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the acquisition, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.78% of the company’s stock.

About Roper Technologies

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.