Gamco Investors INC. ET AL Has $15.03 Million Holdings in Roper Technologies Inc (ROP)

Gamco Investors INC. ET AL cut its holdings in shares of Roper Technologies Inc (NYSE:ROP) by 1.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,548 shares of the industrial products company’s stock after selling 527 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.05% of Roper Technologies worth $15,030,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Amundi Pioneer Asset Management Inc. increased its holdings in shares of Roper Technologies by 287.8% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 356,866 shares of the industrial products company’s stock valued at $92,426,000 after acquiring an additional 264,845 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Roper Technologies by 159.2% in the 4th quarter. Millennium Management LLC now owns 279,216 shares of the industrial products company’s stock valued at $72,317,000 after acquiring an additional 171,486 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Roper Technologies by 1.9% in the 1st quarter. BlackRock Inc. now owns 7,143,959 shares of the industrial products company’s stock valued at $2,005,238,000 after acquiring an additional 135,278 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Roper Technologies by 34.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 314,753 shares of the industrial products company’s stock valued at $81,522,000 after acquiring an additional 80,905 shares during the last quarter. Finally, William Blair Investment Management LLC increased its holdings in shares of Roper Technologies by 799.5% in the 4th quarter. William Blair Investment Management LLC now owns 88,743 shares of the industrial products company’s stock valued at $22,984,000 after acquiring an additional 78,877 shares during the last quarter. Institutional investors own 93.20% of the company’s stock.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Roper Technologies from $300.00 to $303.00 and gave the company an “overweight” rating in a report on Tuesday. Robert W. Baird reiterated a “hold” rating and issued a $293.00 price target on shares of Roper Technologies in a report on Monday, April 23rd. ValuEngine downgraded Roper Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, April 24th. Barclays boosted their price target on Roper Technologies from $285.00 to $290.00 and gave the company an “equal weight” rating in a report on Monday, April 23rd. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $330.00 price target on shares of Roper Technologies in a report on Monday, February 5th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Roper Technologies has an average rating of “Buy” and a consensus price target of $303.58.



Shares of Roper Technologies opened at $279.32 on Friday, according to Marketbeat.com. The firm has a market cap of $28.77 billion, a P/E ratio of 29.65, a P/E/G ratio of 2.01 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.73 and a debt-to-equity ratio of 0.53. Roper Technologies Inc has a 12 month low of $225.74 and a 12 month high of $292.97.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings data on Friday, April 20th. The industrial products company reported $2.61 EPS for the quarter, topping the Zacks’ consensus estimate of $2.49 by $0.12. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.18 billion. Roper Technologies had a return on equity of 15.41% and a net margin of 21.70%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.11 EPS. equities analysts forecast that Roper Technologies Inc will post 11.24 earnings per share for the current fiscal year.

In related news, Director Richard F. Wallman acquired 500 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was purchased at an average cost of $282.59 per share, for a total transaction of $141,295.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 2.50% of the stock is owned by corporate insiders.

Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID 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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