Oppenheimer Asset Management Inc. Acquires 573 Shares of Rogers Corporation $ROG

Oppenheimer Asset Management Inc. raised its holdings in shares of Rogers Corporation (NYSE:ROG) by 14.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,654 shares of the electronics maker’s stock after purchasing an additional 573 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Rogers were worth $319,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. MassMutual Private Wealth & Trust FSB lifted its position in shares of Rogers by 81.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 199 shares during the last quarter. CWM LLC lifted its position in shares of Rogers by 11.8% during the first quarter. CWM LLC now owns 2,271 shares of the electronics maker’s stock worth $153,000 after purchasing an additional 240 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Rogers by 243.5% during the first quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 263 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Rogers by 106.9% during the second quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 385 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of Rogers by 67.3% during the first quarter. KBC Group NV now owns 1,119 shares of the electronics maker’s stock worth $76,000 after purchasing an additional 450 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Insider Transactions at Rogers

In other Rogers news, SVP Brian Keith Larabee sold 775 shares of Rogers stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $85.87, for a total value of $66,549.25. Following the transaction, the senior vice president owned 4,462 shares in the company, valued at $383,151.94. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is owned by company insiders.

Rogers Price Performance

ROG opened at $87.36 on Monday. The business’s 50-day moving average is $82.18 and its two-hundred day moving average is $72.80. Rogers Corporation has a 1 year low of $51.43 and a 1 year high of $114.05. The firm has a market capitalization of $1.58 billion, a PE ratio of -24.06 and a beta of 0.46.

Rogers (NYSE:ROG) last posted its earnings results on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.20. Rogers had a positive return on equity of 2.90% and a negative net margin of 8.35%.The company had revenue of $216.00 million for the quarter, compared to analyst estimates of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. As a group, sell-side analysts expect that Rogers Corporation will post 3.57 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Wall Street Zen upgraded Rogers from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. B. Riley restated a “buy” rating on shares of Rogers in a report on Thursday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Rogers has an average rating of “Moderate Buy” and a consensus target price of $85.00.

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.