LGT Fund Management Co Ltd. Buys 2,846 Shares of Roper Technologies, Inc. $ROP

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LGT Fund Management Co Ltd. increased its stake in Roper Technologies (NASDAQ: ROP) by 55.3% in the third quarter, acquiring 2,846 additional shares to now hold 7,992 shares valued at $3.98 million. Institutional ownership of Roper Technologies stands at 93.31%, with other significant institutional investments coming from Norges Bank and JPMorgan Chase & Co. Despite a slight revenue miss, Roper Technologies reported strong EPS, declared a quarterly dividend of $0.91, and analysts maintain a consensus “Hold” rating with an average target price of $478.53.

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