Trillium Asset Management LLC acquired a new stake in shares of Rogers Corporation (NYSE:ROG – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 29,241 shares of the electronics maker’s stock, valued at approximately $4,788,000. Trillium Asset Management LLC owned about 0.16% of Rogers as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Rogers by 1.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock worth $809,000 after acquiring an additional 143 shares during the last quarter. Parallel Advisors LLC grew its holdings in Rogers by 19.7% during the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock valued at $94,000 after purchasing an additional 144 shares during the last quarter. Squarepoint Ops LLC grew its holdings in Rogers by 0.6% during the 3rd quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock valued at $2,357,000 after purchasing an additional 162 shares during the last quarter. Cerity Partners LLC raised its position in Rogers by 6.1% in the 4th quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock worth $263,000 after purchasing an additional 166 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in Rogers by 1.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,395 shares of the electronics maker’s stock worth $1,594,000 after purchasing an additional 235 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on ROG. B. Riley Financial boosted their target price on Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Wall Street Zen downgraded Rogers from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings raised Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research cut Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $200.00.
Rogers News Roundup
Here are the key news stories impacting Rogers this week:
- Neutral Sentiment: No direct ROG catalyst: Articles about baseball player Jake Rogers, political candidates Mike Rogers, Rogers schools, and local incidents in Rogers are unrelated to Rogers Corporation’s electronics-materials business. Jake Rogers’ quirky MLB record gets even wilder after 1st White Sox hit Democrats back Rogers over El-Sayed
- Neutral Sentiment: Telecom-related reports are not about ROG: The cell-phone delivery scam involving a B.C. Rogers customer and the report about telecom donations to Mike Rogers relate to Rogers Communications or an individual, not Rogers Corporation. B.C. Rogers Customer Owes $4,000 After Falling for Cell Phone Delivery Scam Telecom industry gave Mike Rogers nearly $100K
- Neutral Sentiment: Other corporate references are unrelated: Mary Kay CEO Ryan Rogers and Smith+Nephew CFO John Rogers have no reported connection to Rogers Corporation. Mary Kay Accelerates Beauty Innovation and Digital Transformation Smith+Nephew CFO John Rogers to Exit
Rogers Price Performance
Shares of ROG opened at $126.55 on Friday. Rogers Corporation has a 1-year low of $72.49 and a 1-year high of $169.00. The company has a 50-day moving average of $141.23 and a 200 day moving average of $127.19. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 72.31 and a beta of 0.51.
Rogers (NYSE:ROG – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.07). The company had revenue of $216.80 million during the quarter, compared to analysts’ expectations of $215.00 million. Rogers had a net margin of 3.75% and a return on equity of 5.17%. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. On average, equities analysts anticipate that Rogers Corporation will post 3.83 earnings per share for the current fiscal year.
Rogers Company Profile
Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.
Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.
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