Wealth Enhancement Advisory Services LLC bought a new position in Rogers Corporation (NYSE:ROG – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,257 shares of the electronics maker’s stock, valued at approximately $313,000.
Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Rogers by 243.5% in the 1st quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 263 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Rogers by 81.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock worth $30,000 after acquiring an additional 199 shares during the period. Parallel Advisors LLC increased its holdings in shares of Rogers by 106.9% in the 2nd quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 385 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Rogers by 6,118.8% in the 1st quarter. Signaturefd LLC now owns 995 shares of the electronics maker’s stock valued at $67,000 after purchasing an additional 979 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of Rogers by 67.3% in the 1st quarter. KBC Group NV now owns 1,119 shares of the electronics maker’s stock valued at $76,000 after purchasing an additional 450 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.
Wall Street Analysts Forecast Growth
ROG has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Rogers from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $85.00.
Rogers Price Performance
Rogers stock opened at $84.47 on Thursday. Rogers Corporation has a 12-month low of $51.43 and a 12-month high of $114.05. The stock has a market capitalization of $1.53 billion, a P/E ratio of -23.93 and a beta of 0.46. The firm’s 50-day moving average is $78.03 and its two-hundred day moving average is $69.96.
Rogers (NYSE:ROG – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The electronics maker reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.16). Rogers had a positive return on equity of 3.04% and a negative net margin of 8.14%.The firm had revenue of $202.80 million for the quarter, compared to analyst estimates of $198.75 million. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. As a group, analysts forecast 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.
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