Kornitzer Capital Management Inc. KS held its position in Roper Technologies Inc. (NYSE:ROP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,670 shares of the company’s stock at the end of the second quarter. Kornitzer Capital Management Inc. KS owned 0.08% of Roper Technologies worth $13,077,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Swedbank increased its stake in Roper Technologies by 23.2% in the second quarter. Swedbank now owns 1,636,269 shares of the company’s stock valued at $279,082,000 after buying an additional 307,759 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Roper Technologies by 78.1% in the first quarter. Goldman Sachs Group Inc. now owns 671,958 shares of the company’s stock valued at $122,814,000 after buying an additional 294,767 shares during the last quarter. Bank of Montreal Can bought a new stake in Roper Technologies during the second quarter valued at $32,333,000. First Republic Investment Management Inc. increased its stake in Roper Technologies by 155.2% in the first quarter. First Republic Investment Management Inc. now owns 80,003 shares of the company’s stock valued at $14,621,000 after buying an additional 48,653 shares during the last quarter. Finally, Contravisory Investment Management Inc. bought a new stake in Roper Technologies during the second quarter valued at $6,563,000. Institutional investors and hedge funds own 94.64% of the company’s stock.

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

Shares of Roper Technologies Inc. (NYSE:ROP) traded down 0.36% during mid-day trading on Friday, hitting $173.26. 362,110 shares of the stock were exchanged. The firm has a market cap of $17.56 billion, a price-to-earnings ratio of 26.06 and a beta of 0.98. The company’s 50-day moving average is $179.12 and its 200-day moving average is $175.14. Roper Technologies Inc. has a 1-year low of $155.79 and a 1-year high of $195.93.

Roper Technologies (NYSE:ROP) last released its quarterly earnings data on Monday, July 25th. The company reported $1.56 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by $0.05. The business had revenue of $932 million for the quarter, compared to the consensus estimate of $948.22 million. Roper Technologies had a return on equity of 12.37% and a net margin of 18.53%. Roper Technologies’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.70 earnings per share. Equities research analysts anticipate that Roper Technologies Inc. will post $6.60 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, October 7th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Wednesday, October 5th. Roper Technologies’s payout ratio is 18.05%.

Several equities research analysts have recently weighed in on ROP shares. Zacks Investment Research raised shares of Roper Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, September 8th. JPMorgan Chase & Co. dropped their target price on shares of Roper Technologies from $164.00 to $157.00 and set an “underweight” rating for the company in a research report on Wednesday, July 27th. Barclays PLC dropped their target price on shares of Roper Technologies from $198.00 to $192.00 and set an “overweight” rating for the company in a research report on Tuesday, July 26th. Royal Bank Of Canada dropped their target price on shares of Roper Technologies from $205.00 to $196.00 and set an “outperform” rating for the company in a research report on Tuesday, July 26th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $196.00 price objective (down previously from $205.00) on shares of Roper Technologies in a research report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $193.22.

In other news, Director Robert E. Knowling, Jr. sold 4,000 shares of the firm’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $171.54, for a total transaction of $686,160.00. Following the completion of the transaction, the director now directly owns 14,038 shares of the company’s stock, valued at approximately $2,408,078.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert D. Johnson sold 1,400 shares of the stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $173.41, for a total transaction of $242,774.00. Following the sale, the director now owns 10,500 shares of the company’s stock, valued at approximately $1,820,805. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

About Roper Technologies

Roper Technologies, Inc, formerly Roper Industries, Inc, is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research.

5 Day Chart for NYSE:ROP

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