Corient Capital Partners LLC Has $653,000 Holdings in Roper Technologies Inc (NYSE:ROP)

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Corient Capital Partners LLC grew its holdings in Roper Technologies Inc (NYSE:ROP) by 14.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,781 shares of the industrial products company’s stock after purchasing an additional 228 shares during the quarter. Corient Capital Partners LLC’s holdings in Roper Technologies were worth $653,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Acadian Asset Management LLC increased its stake in Roper Technologies by 720.8% in the 2nd quarter. Acadian Asset Management LLC now owns 4,342 shares of the industrial products company’s stock valued at $1,590,000 after buying an additional 3,813 shares during the period. Sciencast Management LP purchased a new stake in shares of Roper Technologies during the 2nd quarter worth $505,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Roper Technologies by 6.7% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 801 shares of the industrial products company’s stock worth $293,000 after purchasing an additional 50 shares in the last quarter. Smith Asset Management Group LP purchased a new stake in shares of Roper Technologies during the 2nd quarter worth $33,451,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Roper Technologies by 20.4% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,941 shares of the industrial products company’s stock worth $7,670,000 after purchasing an additional 3,549 shares in the last quarter. Institutional investors own 93.36% of the company’s stock.

Shares of ROP stock traded down $0.26 during mid-day trading on Friday, reaching $374.85. The company’s stock had a trading volume of 6,577 shares, compared to its average volume of 354,317. Roper Technologies Inc has a 12-month low of $245.59 and a 12-month high of $385.51. The firm has a market capitalization of $38.81 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 2.58 and a beta of 1.16. The company has a quick ratio of 0.97, a current ratio of 1.11 and a debt-to-equity ratio of 0.57. The company’s 50 day simple moving average is $360.81 and its 200-day simple moving average is $351.95.

Roper Technologies (NYSE:ROP) last released its earnings results on Thursday, July 25th. The industrial products company reported $3.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.05 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.35 billion. Roper Technologies had a net margin of 21.16% and a return on equity of 16.70%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.89 EPS. As a group, research analysts anticipate that Roper Technologies Inc will post 13.01 EPS for the current fiscal year.

In other Roper Technologies news, Director Robert D. Johnson sold 500 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $363.04, for a total transaction of $181,520.00. Following the completion of the transaction, the director now directly owns 9,080 shares of the company’s stock, valued at approximately $3,296,403.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Knowling, Jr. sold 2,000 shares of the business’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $363.44, for a total transaction of $726,880.00. Following the transaction, the director now directly owns 12,918 shares of the company’s stock, valued at $4,694,917.92. The disclosure for this sale can be found here. Insiders sold a total of 4,000 shares of company stock valued at $1,449,210 over the last ninety days. Company insiders own 1.90% of the company’s stock.

Several equities research analysts recently commented on the stock. Royal Bank of Canada boosted their price objective on shares of Roper Technologies from $393.00 to $404.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 27th. Raymond James boosted their price objective on shares of Roper Technologies from $370.00 to $394.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 3rd. Wells Fargo & Co boosted their price objective on shares of Roper Technologies from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 23rd. Oppenheimer boosted their price objective on shares of Roper Technologies from $375.00 to $400.00 in a research report on Tuesday, July 9th. Finally, Barclays raised their target price on shares of Roper Technologies from $342.00 to $355.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 9th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $375.20.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and engineered products and solutions worldwide. The company operates in four segments: Application Software; Network Software & Systems; Measurement & Analytical Solutions; and Process Technologies. It offers application management software, software-as-a-service applications, card systems/integrated security, toll and traffic systems, radio frequency identification card readers, and metering and remote monitoring products.

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

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