Various investment firms are adjusting their stakes in
Roper Technologies Inc. Among those are
Victory Capital Management Inc.,
KCM Investment Advisors LLC, and
MQS Management LLC. On the other hand,
CIBC Asset Management Inc and
Sumitomo Mitsui Trust Group Inc are increasing their holdings. Despite concerns about Roper's slowdown in enterprise spending,
Roper's Q3 earnings outperformed Wall Street estimates, lifting its stock price. The company continues to increase its dividend, marking the 32nd year of consecutive raises. Roper Technologies has also been involved in an acquisition, buying Transact Campus Inc. from
Reverence Capital Partners for $1.6bn. This news was followed by
Roper Technologies Inc. beating expectations with its Q3 2024 earnings, even though it reported lower than anticipated Q3 profits due to weak enterprise spending.
Aptus Capital Advisors LLC has boosted its position in Roper Technologies, while ICICI Prudential Asset Management, Loring Wolcott & Coolidge Fiduciary Advisors, and others have reduced their holdings.
Roper Technologies ROP News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Sat, 16 Nov 2024 12:59:58 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -2
