Intech Investment Management LLC Decreases Stock Holdings in Rogers Corporation $ROG

Intech Investment Management LLC lowered its stake in shares of Rogers Corporation (NYSE:ROG) by 53.7% during the third quarter, Holdings Channel.com reports. The firm owned 8,285 shares of the electronics maker’s stock after selling 9,620 shares during the quarter. Intech Investment Management LLC’s holdings in Rogers were worth $667,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Rogers during the second quarter valued at about $89,111,000. Ameriprise Financial Inc. grew its position in shares of Rogers by 38.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after buying an additional 165,174 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Rogers by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 420,556 shares of the electronics maker’s stock worth $28,803,000 after buying an additional 4,240 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Rogers by 7.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 204,023 shares of the electronics maker’s stock worth $13,971,000 after acquiring an additional 13,873 shares in the last quarter. Finally, Atreides Management LP purchased a new stake in Rogers during the second quarter valued at approximately $12,888,000. 96.02% of the stock is currently owned by institutional investors.

Rogers Price Performance

NYSE ROG opened at $105.73 on Wednesday. The company has a market cap of $1.89 billion, a price-to-earnings ratio of -31.66 and a beta of 0.36. The stock’s fifty day moving average price is $101.96 and its 200 day moving average price is $90.39. Rogers Corporation has a 1 year low of $51.43 and a 1 year high of $112.81.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, February 17th. The electronics maker reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.29. The company had revenue of $201.50 million during the quarter, compared to analysts’ expectations of $196.50 million. Rogers had a positive return on equity of 3.56% and a negative net margin of 7.62%.Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. Research analysts expect that Rogers Corporation will post 3.57 earnings per share for the current year.

Insider Activity at Rogers

In related news, SVP Michael Reed Webb sold 954 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $111.31, for a total value of $106,189.74. Following the sale, the senior vice president owned 7,769 shares in the company, valued at $864,767.39. This represents a 10.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ROG. B. Riley Financial raised their target price on shares of Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research report on Thursday, January 22nd. Finally, Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $109.00.

Rogers Profile

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.