Bridge City Capital LLC acquired a new stake in Rogers Corporation (NYSE:ROG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,934 shares of the electronics maker’s stock, valued at approximately $1,079,000. Bridge City Capital LLC owned 0.05% of Rogers Corporation as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Alps Advisors Inc. boosted its stake in Rogers Corporation by 0.3% in the second quarter. Alps Advisors Inc. now owns 5,891 shares of the electronics maker’s stock worth $640,000 after buying an additional 16 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Rogers Corporation by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 1,990 shares of the electronics maker’s stock worth $170,000 after buying an additional 40 shares during the last quarter. HighTower Advisors LLC boosted its stake in Rogers Corporation by 0.7% in the first quarter. HighTower Advisors LLC now owns 5,842 shares of the electronics maker’s stock worth $502,000 after buying an additional 42 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in Rogers Corporation by 1.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 4,110 shares of the electronics maker’s stock worth $353,000 after buying an additional 50 shares during the last quarter. Finally, Clinton Group Inc. boosted its stake in Rogers Corporation by 1.7% in the first quarter. Clinton Group Inc. now owns 2,992 shares of the electronics maker’s stock worth $257,000 after buying an additional 51 shares during the last quarter. Institutional investors own 93.36% of the company’s stock.

Shares of Rogers Corporation (NYSE:ROG) opened at 116.28 on Friday. Rogers Corporation has a 52 week low of $51.98 and a 52 week high of $123.38. The firm’s 50-day moving average is $115.66 and its 200 day moving average is $100.26. The company has a market capitalization of $2.11 billion, a PE ratio of 28.04 and a beta of 1.16.

Rogers Corporation (NYSE:ROG) last issued its earnings results on Monday, July 31st. The electronics maker reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.13. Rogers Corporation had a net margin of 10.21% and a return on equity of 13.28%. The firm had revenue of $201.40 million for the quarter, compared to analysts’ expectations of $195.60 million. During the same quarter last year, the business earned $0.88 earnings per share. The business’s revenue was up 27.9% on a year-over-year basis. On average, analysts anticipate that Rogers Corporation will post $5.55 earnings per share for the current fiscal year.

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ROG has been the topic of a number of analyst reports. B. Riley reissued a “buy” rating and issued a $120.00 target price on shares of Rogers Corporation in a research note on Saturday, April 29th. Needham & Company LLC reissued a “buy” rating and issued a $115.00 target price (up previously from $91.00) on shares of Rogers Corporation in a research note on Friday, April 28th. Sidoti reissued a “buy” rating and issued a $125.00 target price (up previously from $120.00) on shares of Rogers Corporation in a research note on Monday, June 19th. BidaskClub cut shares of Rogers Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Finally, Zacks Investment Research raised shares of Rogers Corporation from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research note on Friday, August 18th. Eight research analysts have rated the stock with a buy rating, Rogers Corporation has an average rating of “Buy” and a consensus price target of $134.25.

In other news, Director Peter C. Wallace sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $107.28, for a total value of $214,560.00. Following the transaction, the director now owns 14,300 shares in the company, valued at $1,534,104. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carol R. Jensen sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $115.79, for a total transaction of $405,265.00. Following the completion of the transaction, the director now owns 10,088 shares in the company, valued at approximately $1,168,089.52. The disclosure for this sale can be found here. Insiders sold 13,877 shares of company stock worth $1,606,385 in the last 90 days. Company insiders own 1.50% of the company’s stock.

About Rogers Corporation

Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The Company’s segments are Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. The ACS segment manufactures and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.

Institutional Ownership by Quarter for Rogers Corporation (NYSE:ROG)

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