Bradley Foster & Sargent Inc. CT Has $778,000 Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Bradley Foster & Sargent Inc. CT grew its position in shares of Roper Technologies, Inc. (NYSE:ROP) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,497 shares of the industrial products company’s stock after purchasing an additional 100 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Roper Technologies were worth $778,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Fortitude Family Office LLC bought a new stake in Roper Technologies in the third quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in Roper Technologies by 7,500.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company’s stock worth $40,000 after buying an additional 75 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in Roper Technologies during the fourth quarter worth $45,000. Ameliora Wealth Management Ltd. bought a new stake in Roper Technologies during the fourth quarter worth $49,000. Finally, Global Wealth Strategies & Associates grew its holdings in Roper Technologies by 49.3% during the fourth quarter. Global Wealth Strategies & Associates now owns 100 shares of the industrial products company’s stock worth $52,000 after buying an additional 33 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Insider Activity at Roper Technologies

In other Roper Technologies news, VP Brandon L. Cross sold 750 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $577.83, for a total transaction of $433,372.50. Following the sale, the vice president now owns 1,329 shares of the company’s stock, valued at $767,936.07. The trade was a 36.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard F. Wallman sold 351 shares of the stock in a transaction 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. This represents a 1.71 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,101 shares of company stock worth $2,947,475. 0.87% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ROP shares. JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Robert W. Baird set a $665.00 price objective on shares of Roper Technologies in a research report on Friday, January 31st. Truist Financial reaffirmed a “buy” rating and issued a $675.00 price objective (up from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. TD Cowen raised Roper Technologies from a “hold” rating to a “buy” rating and upped their target price for the company from $535.00 to $615.00 in a report on Tuesday, January 28th. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $655.00 target price (up from $620.00) on shares of Roper Technologies in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $623.60.

Roper Technologies Trading Down 1.3 %

Shares of Roper Technologies stock opened at $574.05 on Friday. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $584.43. The stock’s 50-day simple moving average is $541.23 and its 200 day simple moving average is $547.67. The stock has a market capitalization of $61.55 billion, a P/E ratio of 40.03, a P/E/G ratio of 2.77 and a beta of 1.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40.

Roper Technologies 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.