Y Intercept Hong Kong Ltd raised its position in Rogers Corporation (NYSE:ROG – Free Report) by 213.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,398 shares of the electronics maker’s stock after acquiring an additional 6,396 shares during the quarter. Y Intercept Hong Kong Ltd owned approximately 0.05% of Rogers worth $644,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Intech Investment Management LLC increased its position in Rogers by 30.5% in the first quarter. Intech Investment Management LLC now owns 26,740 shares of the electronics maker’s stock worth $1,806,000 after buying an additional 6,252 shares in the last quarter. Principal Financial Group Inc. increased its position in Rogers by 2.7% in the first quarter. Principal Financial Group Inc. now owns 84,683 shares of the electronics maker’s stock worth $5,719,000 after buying an additional 2,228 shares in the last quarter. GSA Capital Partners LLP increased its position in Rogers by 227.3% in the first quarter. GSA Capital Partners LLP now owns 24,607 shares of the electronics maker’s stock worth $1,662,000 after buying an additional 17,089 shares in the last quarter. Caxton Associates LLP purchased a new stake in Rogers in the first quarter worth about $963,000. Finally, KBC Group NV increased its position in Rogers by 67.3% in the first quarter. KBC Group NV now owns 1,119 shares of the electronics maker’s stock worth $76,000 after buying an additional 450 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.
Insiders Place Their Bets
In related news, SVP Brian Keith Larabee sold 775 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $85.87, for a total transaction of $66,549.25. Following the transaction, the senior vice president directly owned 4,462 shares in the company, valued at $383,151.94. The trade was a 14.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.35% of the stock is currently owned by company insiders.
Rogers Trading Up 3.9%
Rogers (NYSE:ROG – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $216.00 million for the quarter, compared to the consensus estimate of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. Research analysts predict that Rogers Corporation will post 3.57 EPS for the current year.
Wall Street Analyst Weigh In
ROG has been the subject of a number of analyst reports. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. B. Riley reiterated a “buy” rating on shares of Rogers in a research report on Thursday, October 30th. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Rogers from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.
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