Virtus Advisers LLC Takes Position in Rogers Corporation $ROG

Virtus Advisers LLC acquired a new position in shares of Rogers Corporation (NYSE:ROG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,115 shares of the electronics maker’s stock, valued at approximately $1,001,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROG. BlackRock Inc. bought a new stake in Rogers in the second quarter valued at approximately $556,493,000. Capital Research Global Investors lifted its holdings in Rogers by 24.3% during the 4th quarter. Capital Research Global Investors now owns 1,519,040 shares of the electronics maker’s stock valued at $139,098,000 after purchasing an additional 297,380 shares during the last quarter. Norges Bank bought a new position in Rogers during the fourth quarter worth $119,157,000. State Street Corp increased its holdings in shares of Rogers by 3.8% in the fourth quarter. State Street Corp now owns 732,659 shares of the electronics maker’s stock valued at $67,090,000 after purchasing an additional 27,036 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Rogers by 38.3% in the second quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock valued at $40,863,000 after purchasing an additional 165,174 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers News Summary

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: No direct ROG catalyst: Articles about baseball player Jake Rogers, political candidates Mike Rogers, Rogers schools, and local incidents in Rogers are unrelated to Rogers Corporation’s electronics-materials business. Jake Rogers’ quirky MLB record gets even wilder after 1st White Sox hit Democrats back Rogers over El-Sayed
• Neutral Sentiment: Telecom-related reports are not about ROG: The cell-phone delivery scam involving a B.C. Rogers customer and the report about telecom donations to Mike Rogers relate to Rogers Communications or an individual, not Rogers Corporation. B.C. Rogers Customer Owes $4,000 After Falling for Cell Phone Delivery Scam Telecom industry gave Mike Rogers nearly $100K
• Neutral Sentiment: Other corporate references are unrelated: Mary Kay CEO Ryan Rogers and Smith+Nephew CFO John Rogers have no reported connection to Rogers Corporation. Mary Kay Accelerates Beauty Innovation and Digital Transformation Smith+Nephew CFO John Rogers to Exit

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ROG. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded shares of Rogers from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Zacks Research cut Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Finally, B. Riley Financial upped their target price on Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $200.00.

Rogers Stock Performance

Shares of Rogers stock opened at $126.55 on Friday. The firm has a 50-day moving average of $141.23 and a 200-day moving average of $127.19. The stock has a market cap of $2.26 billion, a PE ratio of 72.31 and a beta of 0.51. Rogers Corporation has a 52-week low of $72.49 and a 52-week high of $169.00.

Rogers (NYSE:ROG) last released its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07). Rogers had a return on equity of 5.17% and a net margin of 3.75%.The business had revenue of $216.80 million for the quarter, compared to the consensus estimate of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Equities research analysts predict that Rogers Corporation will post 3.83 earnings per share for the current fiscal year.

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.