Roper Technologies, Inc. (NYSE:ROP) Stock Holdings Lessened by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in Roper Technologies, Inc. (NYSE:ROP) by 3.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 67,721 shares of the industrial products company’s stock after selling 2,703 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of Roper Technologies worth $35,205,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. State Street Corp lifted its position in shares of Roper Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 4,730,427 shares of the industrial products company’s stock worth $2,632,199,000 after buying an additional 132,575 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Roper Technologies by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,447,026 shares of the industrial products company’s stock worth $1,357,162,000 after buying an additional 51,131 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Roper Technologies by 87.8% in the 3rd quarter. Wellington Management Group LLP now owns 738,582 shares of the industrial products company’s stock worth $410,977,000 after buying an additional 345,268 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Roper Technologies by 3.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 673,193 shares of the industrial products company’s stock worth $349,959,000 after buying an additional 24,290 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Roper Technologies by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 662,033 shares of the industrial products company’s stock worth $368,382,000 after acquiring an additional 45,947 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP John K. Stipancich sold 1,000 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $578.04, for a total transaction of $578,040.00. Following the completion of the transaction, the vice president now owns 38,932 shares in the company, valued at approximately $22,504,253.28. This trade represents a 2.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 351 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $575.25, for a total transaction of $201,912.75. Following the transaction, the director now owns 20,187 shares of the company’s stock, valued at approximately $11,612,571.75. This trade represents a 1.71 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,101 shares of company stock worth $4,712,045. Corporate insiders own 0.87% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Robert W. Baird set a $665.00 price objective on shares of Roper Technologies in a report on Friday, January 31st. Barclays dropped their price objective on shares of Roper Technologies from $569.00 to $562.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. Raymond James reaffirmed a “strong-buy” rating and issued a $655.00 price objective (up previously from $620.00) on shares of Roper Technologies in a report on Friday, January 31st. JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Finally, Oppenheimer increased their price objective on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $623.60.

Roper Technologies Stock Performance

NYSE:ROP opened at $569.29 on Monday. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $557.33 and a 200-day moving average of $551.91. The firm has a market cap of $61.13 billion, a price-to-earnings ratio of 39.70, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th will be given a dividend of $0.825 per share. The ex-dividend date is Friday, April 4th. This represents a $3.30 annualized dividend and a dividend yield of 0.58%. Roper Technologies’s dividend payout ratio (DPR) is 23.01%.

Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.