Roper Technologies, Inc. (ROP) stocks have seen significant movement, as several financial institutions have adjusted their holdings. There has been notable purchasing of shares from companies such as Citigroup Inc, Charles Schwab Investment Management Inc, PNC Financial Services Group Inc, and Pacer Advisors Inc., with the latter raising their stock holdings. At the same time, other firms like Mizuho Securities USA LLC and King Luther Capital Management Corp are selling their shares. Notably, ROP has increased its dividend 10%, marking its 32nd consecutive annual dividend increase. However, criticism arises regarding its weak fundamentals potentially underlying its recent price action. Despite a rare revenue miss in Q3, Roper Technologies continues to beat expectations in its quarterly earnings and is continually involved in investment transactions. Recently, Roper Technologies acquired 'Transact Campus', intending to expand into the education business and has raised its price target to $665 from $660.
Roper Technologies ROP News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 15:07:43 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -2
