Origin Asset Management LLP maintained its position in shares of Roper Technologies, Inc. (NYSE:ROP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,078 shares of the industrial products company’s stock at the close of the 2nd quarter. Origin Asset Management LLP’s holdings in Roper Technologies were worth $8,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Independent Portfolio Consultants Inc. grew its holdings in Roper Technologies by 164.7% during the second quarter. Independent Portfolio Consultants Inc. now owns 503 shares of the industrial products company’s stock valued at $116,000 after purchasing an additional 313 shares during the period. Parallel Advisors LLC grew its holdings in Roper Technologies by 26.8% during the second quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 106 shares during the period. Private Advisor Group LLC bought a new stake in Roper Technologies during the first quarter valued at about $118,000. Northwestern Mutual Wealth Management Co. grew its holdings in Roper Technologies by 9.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 618 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 51 shares during the period. Finally, WFG Advisors LP grew its holdings in Roper Technologies by 55.8% during the first quarter. WFG Advisors LP now owns 785 shares of the industrial products company’s stock valued at $162,000 after purchasing an additional 281 shares during the period. 94.35% of the stock is owned by institutional investors and hedge funds.

Several analysts have issued reports on the company. Zacks Investment Research lowered Roper Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Oppenheimer Holdings, Inc. boosted their price target on Roper Technologies from $250.00 to $257.00 and gave the company an “outperform” rating in a report on Tuesday, August 1st. Canaccord Genuity reissued a “hold” rating and set a $225.00 price target on shares of Roper Technologies in a report on Tuesday, August 1st. BidaskClub lowered Roper Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $248.00 price target on shares of Roper Technologies in a report on Wednesday, July 12th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $238.42.

In other news, Director Christopher Wright sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $234.00, for a total transaction of $234,000.00. Following the sale, the director now directly owns 65,104 shares in the company, valued at approximately $15,234,336. 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 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $234.97, for a total value of $469,940.00. Following the sale, the director now owns 10,900 shares in the company, valued at $2,561,173. The disclosure for this sale can be found here. Insiders have sold a total of 5,500 shares of company stock worth $1,294,060 over the last ninety days. 2.50% of the stock is owned by insiders.

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Shares of Roper Technologies, Inc. (ROP) traded up 0.06% during trading on Thursday, hitting $235.71. The stock had a trading volume of 13,206 shares. The firm has a market cap of $24.09 billion, a P/E ratio of 35.29 and a beta of 1.05. The firm has a 50 day moving average price of $232.37 and a 200 day moving average price of $223.59. Roper Technologies, Inc. has a 12-month low of $167.50 and a 12-month high of $238.49.

Roper Technologies (NYSE:ROP) last announced its quarterly earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.02. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Roper Technologies had a return on equity of 13.66% and a net margin of 16.44%. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period last year, the firm earned $1.56 EPS. On average, equities analysts expect that Roper Technologies, Inc. will post $9.28 earnings per share for the current fiscal year.

About Roper Technologies

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

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