Jupiter Topco LLC Purchases Shares of 5,886 Rogers Corporation $ROG

Jupiter Topco LLC acquired a new position in shares of Rogers Corporation (NYSE:ROG) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 5,886 shares of the electronics maker’s stock, valued at approximately $963,000.

Other hedge funds have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Rogers by 1.9% during the first quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock valued at $809,000 after acquiring an additional 143 shares during the period. Parallel Advisors LLC grew its holdings in shares of Rogers by 19.7% in the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after purchasing an additional 144 shares during the last quarter. Squarepoint Ops LLC increased its position in shares of Rogers by 0.6% during the 3rd quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock worth $2,357,000 after purchasing an additional 162 shares in the last quarter. Cerity Partners LLC increased its position in shares of Rogers by 6.1% during the 4th quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock worth $263,000 after purchasing an additional 166 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Rogers by 1.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,395 shares of the electronics maker’s stock valued at $1,594,000 after purchasing an additional 235 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers Price Performance

Shares of NYSE:ROG opened at $128.37 on Friday. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 73.35 and a beta of 0.50. The company has a 50 day moving average of $133.59 and a 200-day moving average of $128.65. Rogers Corporation has a one year low of $75.14 and a one year high of $169.00.

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

Key Headlines Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: A report about a major grass fire in Rogers concerns the municipality and does not involve Rogers Corporation, the electronics-materials manufacturer. Massive grass fire breaks out in Rogers
• Neutral Sentiment: Coverage of a rumored “Evil Steve Rogers” storyline in Avengers: Doomsday is entertainment news and has no connection to ROG. Avengers: Doomsday rumor
• Neutral Sentiment: Gabelli’s favorable comments concern Rogers Communications (TSX/NYSE: RCI), not Rogers Corporation, so they should not be interpreted as an investment endorsement of ROG. Why Gabelli likes Rogers Communications
• Neutral Sentiment: Storm damage at Toronto’s Rogers Stadium and the related concert coverage involve Rogers Communications’ venue and are unrelated to Rogers Corporation’s manufacturing operations. Toronto’s Rogers Stadium storm damage
• Neutral Sentiment: The 12-year French-language NHL sublicensing agreement is also a Rogers Communications/Quebecor transaction, not news affecting ROG. Rogers and Quebecor NHL sublicensing deal

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. B. Riley Financial upped their price objective on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen cut Rogers from a “buy” rating to a “hold” rating in a report on Monday, August 31st. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $200.00.

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.