Rogers Corporation $ROG Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Rogers Corporation (NYSE:ROG) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,556 shares of the electronics maker’s stock after purchasing an additional 4,240 shares during the quarter. Geode Capital Management LLC owned 2.32% of Rogers worth $28,803,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ROG. MassMutual Private Wealth & Trust FSB raised its holdings in Rogers by 81.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after buying an additional 199 shares during the period. Parallel Advisors LLC raised its position in Rogers by 106.9% in the second quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 385 shares during the period. GAMMA Investing LLC raised its position in Rogers by 171.2% in the second quarter. GAMMA Investing LLC now owns 1,006 shares of the electronics maker’s stock valued at $69,000 after purchasing an additional 635 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Rogers by 3,893.9% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,957 shares of the electronics maker’s stock worth $132,000 after purchasing an additional 1,908 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Rogers in the first quarter worth about $143,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Insider Activity

In other news, SVP Brian Keith Larabee sold 775 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $85.87, for a total transaction of $66,549.25. Following the transaction, the senior vice president owned 4,462 shares of the company’s stock, valued at approximately $383,151.94. This trade represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ROG shares. Wall Street Zen upgraded Rogers from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. B. Riley reiterated a “buy” rating on shares of Rogers in a research note on Thursday, October 30th. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research note on Wednesday, October 8th. Finally, Zacks Research raised shares of Rogers from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rogers currently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

Rogers Trading Up 1.7%

Rogers stock opened at $83.81 on Friday. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $111.39. The stock has a market cap of $1.51 billion, a P/E ratio of -23.09 and a beta of 0.55. The stock has a 50 day moving average of $82.70 and a 200-day moving average of $75.56.

Rogers (NYSE:ROG) last posted its quarterly 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 negative net margin of 8.35% and a positive return on equity of 2.90%. The firm had revenue of $216.00 million for the quarter, compared to analysts’ expectations of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. As a group, equities analysts predict that Rogers Corporation will post 3.57 earnings per share for the current fiscal 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.