Guinness Asset Management reduced their shares in Roper Technologies Inc. Transact Campus Inc., was sold to Roper Technologies for $1.6bn. The latter's position was also trimmed by Westwind Capital. Roper Technologies' investors have seen beneficial returns of 69% over the last five years. Led by a strong earnings report and application software sales going up, Roper Technologies saw a 16% EPS beat with their Q2 earnings. An intrinsic calculation suggests that Roper Technologies' stock is undervalued by 31% with EPS estimates for Q2 2025 being raised by Analysts. The company's stock was bought by several institutions including Sanctuary Advisors, SPC Financial Inc, and Northwestern Mutual Wealth Management Co. Czech National Bank increases its holdings in Roper Technologies. Moreover, Roper Technologies will present at Goldman Sachs technology conference. Roper Technologies' Q3 profit forecast appears weak due to lower enterprise spending. It also plans to bolster its portfolio with the purchase of Transact Campus. Roper Technologies is also buying software firm Procare Solutions for $1.75 billion. John F. Murphy has joined Roper Technologies Board of Directors. Roper is selling a majority stake in its Industrial Businesses to CD&R. Thoma Bravo is also selling Frontline Education to Roper Technologies. Roper Technologies have also added to their portfolio Syntellis Performance Solutions at a cost of $1.25 billion.
Roper Technologies ROP News Analytics from Mon, 21 May 2018 07:00:00 GMT to Sat, 12 Oct 2024 14:24:14 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor 3
