Campbell & CO Investment Adviser LLC Trims Position in Rogers Corporation $ROG

Campbell & CO Investment Adviser LLC trimmed its holdings in shares of Rogers Corporation (NYSE:ROG) by 36.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,646 shares of the electronics maker’s stock after selling 2,686 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Rogers were worth $318,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in ROG. Intech Investment Management LLC increased its position in shares of Rogers by 30.5% in the first quarter. Intech Investment Management LLC now owns 26,740 shares of the electronics maker’s stock valued at $1,806,000 after buying an additional 6,252 shares in the last quarter. GSA Capital Partners LLP grew its stake in Rogers by 227.3% in the 1st quarter. GSA Capital Partners LLP now owns 24,607 shares of the electronics maker’s stock valued at $1,662,000 after acquiring an additional 17,089 shares during the last quarter. Caxton Associates LLP purchased a new position in Rogers during the 1st quarter valued at about $963,000. MassMutual Private Wealth & Trust FSB raised its position in 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 acquiring an additional 199 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Rogers in the first quarter valued at about $749,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Down 2.2%

Shares of NYSE ROG opened at $76.62 on Tuesday. The firm’s 50-day moving average price is $82.96 and its two-hundred day moving average price is $74.74. The stock has a market capitalization of $1.38 billion, a P/E ratio of -21.11 and a beta of 0.55. Rogers Corporation has a 52-week low of $51.43 and a 52-week high of $111.39.

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

Insider Activity

In other 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 sale, the senior vice president directly owned 4,462 shares of the company’s stock, valued at $383,151.94. The trade was a 14.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.35% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ROG has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Rogers in a research note on Wednesday, October 8th. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. B. Riley reaffirmed a “buy” rating on shares of Rogers in a research report on Thursday, October 30th. Finally, Wall Street Zen upgraded Rogers from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

Rogers 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.