Northern Trust Corp Increases Stock Position in Rogers Corporation $ROG

Northern Trust Corp grew its stake in shares of Rogers Corporation (NYSE:ROG) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 213,242 shares of the electronics maker’s stock after acquiring an additional 2,610 shares during the quarter. Northern Trust Corp owned about 1.15% of Rogers worth $14,400,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Neuberger Berman Group LLC increased its position in shares of Rogers by 5.5% during the 1st quarter. Neuberger Berman Group LLC now owns 1,025,716 shares of the electronics maker’s stock valued at $69,267,000 after purchasing an additional 53,093 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Rogers by 66.0% during the 4th quarter. Ameriprise Financial Inc. now owns 453,144 shares of the electronics maker’s stock valued at $46,044,000 after purchasing an additional 180,086 shares during the last quarter. Bank of America Corp DE increased its position in shares of Rogers by 26.6% during the 4th quarter. Bank of America Corp DE now owns 321,337 shares of the electronics maker’s stock valued at $32,651,000 after purchasing an additional 67,454 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Rogers by 4.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 254,306 shares of the electronics maker’s stock valued at $17,173,000 after purchasing an additional 11,392 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Rogers by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 84,683 shares of the electronics maker’s stock valued at $5,719,000 after purchasing an additional 2,228 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Rogers Stock Down 0.2%

NYSE ROG opened at $77.21 on Thursday. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $114.05. The firm has a market capitalization of $1.40 billion, a P/E ratio of -21.87 and a beta of 0.51. The company has a 50-day moving average price of $71.87 and a 200-day moving average price of $69.74.

Rogers (NYSE:ROG) last released its quarterly earnings results on Thursday, July 31st. The electronics maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.16). Rogers had a negative net margin of 8.14% and a positive return on equity of 3.04%. The business had revenue of $202.80 million for the quarter, compared to analysts’ expectations of $198.75 million. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. As a group, equities research analysts anticipate that Rogers Corporation will post 3.57 EPS for the current year.

Rogers Company Profile

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.