Fuller & Thaler Asset Management Inc. Has $3.04 Million Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Fuller & Thaler Asset Management Inc. increased its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,853 shares of the industrial products company’s stock after buying an additional 325 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Roper Technologies were worth $3,043,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ROP. Pine Valley Investments Ltd Liability Co raised its position in Roper Technologies by 6.0% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,510 shares of the industrial products company’s stock worth $2,510,000 after purchasing an additional 255 shares during the last quarter. World Investment Advisors LLC increased its stake in shares of Roper Technologies by 1.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,111 shares of the industrial products company’s stock valued at $3,957,000 after buying an additional 100 shares during the period. Wilmington Savings Fund Society FSB raised its position in shares of Roper Technologies by 1,227.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 4,727 shares of the industrial products company’s stock worth $2,630,000 after acquiring an additional 4,371 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Roper Technologies by 8.5% during the third quarter. Tidal Investments LLC now owns 10,466 shares of the industrial products company’s stock valued at $5,824,000 after acquiring an additional 823 shares during the period. Finally, Synovus Financial Corp boosted its holdings in Roper Technologies by 19.6% in the third quarter. Synovus Financial Corp now owns 5,867 shares of the industrial products company’s stock valued at $3,265,000 after acquiring an additional 961 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.4 %

Roper Technologies stock opened at $557.70 on Friday. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $568.90 and a 200-day moving average of $554.47. The stock has a market capitalization of $59.89 billion, a PE ratio of 38.89, a price-to-earnings-growth ratio of 2.77 and a beta of 1.04.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Friday, April 4th. Roper Technologies’s dividend payout ratio (DPR) is presently 23.01%.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 351 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $575.25, for a total value of $201,912.75. Following the sale, the director now owns 20,187 shares in the company, valued at approximately $11,612,571.75. The trade was a 1.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Brandon L. Cross sold 750 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the transaction, the vice president now directly owns 1,329 shares of the company’s stock, valued at approximately $767,936.07. This trade represents a 36.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,101 shares of company stock valued at $4,712,045 in the last 90 days. 0.87% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on ROP shares. TD Cowen upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and lifted their price target for the stock from $535.00 to $615.00 in a research report on Tuesday, January 28th. Oppenheimer raised their price target on Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Truist Financial reissued a “buy” rating and issued a $675.00 target price (up previously from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. Barclays decreased their target price on Roper Technologies from $569.00 to $562.00 and set an “underweight” rating for the company in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus assumed coverage on shares of Roper Technologies in a research report on Thursday, March 27th. They issued a “buy” rating and a $685.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $620.73.

About Roper Technologies

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.