Institutional investors boost Roper Technologies' stock, driving its value up with strong earnings and dividends.

FORA Capital and other institutional investors have increased their stakes in Roper Technologies, driving its stock value up. Roper Technologies reported $4.62 earnings per share for the third quarter, exceeding analysts' expectations by $0.09. The company announced a quarterly dividend of $0.825 per share, with institutional investors now owning 93.31% of the stock. Despite a director selling shares, analysts have given the stock a "Moderate Buy" rating with a price target of $620.80.

November 27, 2024
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