Segall Bryant & Hamill LLC cut its holdings in shares of Roper Technologies Inc (NYSE:ROP) by 2.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 332,415 shares of the industrial products company’s stock after selling 6,759 shares during the quarter. Roper Technologies comprises approximately 1.9% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 3rd biggest position. Segall Bryant & Hamill LLC owned 0.32% of Roper Technologies worth $80,910,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LS Investment Advisors LLC lifted its stake in Roper Technologies by 6.2% during the 3rd quarter. LS Investment Advisors LLC now owns 8,507 shares of the industrial products company’s stock worth $2,071,000 after acquiring an additional 499 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Roper Technologies by 32.5% during the 2nd quarter. Wells Fargo & Company MN now owns 216,802 shares of the industrial products company’s stock worth $50,197,000 after acquiring an additional 53,202 shares in the last quarter. Parallel Advisors LLC lifted its stake in Roper Technologies by 26.8% during the 2nd quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 106 shares in the last quarter. Teachers Advisors LLC lifted its stake in Roper Technologies by 8.0% during the 2nd quarter. Teachers Advisors LLC now owns 437,270 shares of the industrial products company’s stock worth $101,241,000 after acquiring an additional 32,357 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Roper Technologies by 3.5% during the 2nd quarter. Swiss National Bank now owns 371,958 shares of the industrial products company’s stock worth $86,119,000 after acquiring an additional 12,600 shares in the last quarter. Institutional investors and hedge funds own 93.78% of the company’s stock.

Several equities analysts recently issued reports on ROP shares. Zacks Investment Research raised Roper Technologies from a “hold” rating to a “buy” rating and set a $273.00 target price on the stock in a research note on Monday, October 2nd. Robert W. Baird increased their target price on Roper Technologies from $238.00 to $257.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 31st. Oppenheimer reaffirmed a “buy” rating on shares of Roper Technologies in a research report on Monday, October 30th. J P Morgan Chase & Co raised Roper Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $223.00 to $275.00 in a research report on Wednesday, September 20th. Finally, Royal Bank Of Canada increased their price target on Roper Technologies from $259.00 to $282.00 and gave the company an “outperform” rating in a research report on Tuesday, October 31st. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Roper Technologies currently has a consensus rating of “Buy” and a consensus price target of $253.67.

Roper Technologies Inc (NYSE ROP) traded up $0.71 during mid-day trading on Thursday, reaching $258.91. The company’s stock had a trading volume of 302,900 shares, compared to its average volume of 426,337. Roper Technologies Inc has a 52 week low of $182.03 and a 52 week high of $267.83. The firm has a market cap of $26,429.92, a price-to-earnings ratio of 30.13, a P/E/G ratio of 2.25 and a beta of 1.06. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 0.76.

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

In other news, VP Jason Conley sold 5,000 shares of the 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 transaction, 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 SEC, which is available at this hyperlink. Also, Director Christopher Wright sold 250 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $258.64, for a total value of $64,660.00. Following the completion of the transaction, the director now owns 64,450 shares in the company, valued at approximately $16,669,348. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,750 shares of company stock worth $2,681,690. Company insiders own 2.50% of the company’s stock.

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Roper Technologies Profile

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

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