Louisiana State Employees Retirement System Acquires New Stake in Rogers Corporation $ROG

Louisiana State Employees Retirement System bought a new position in shares of Rogers Corporation (NYSE:ROG) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,400 shares of the electronics maker’s stock, valued at approximately $794,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ROG. Wealth Enhancement Advisory Services LLC boosted its position in Rogers by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock worth $453,000 after acquiring an additional 130 shares during the last quarter. Signaturefd LLC lifted its stake in Rogers by 4.1% in the 4th quarter. Signaturefd LLC now owns 3,343 shares of the electronics maker’s stock worth $306,000 after purchasing an additional 133 shares in the last quarter. Squarepoint Ops LLC boosted its holdings 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 during the last quarter. Cerity Partners LLC boosted its holdings 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 during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Rogers by 1.4% in the fourth 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 in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Rogers Stock Down 4.9%

NYSE ROG traded down $6.92 during trading on Tuesday, hitting $134.18. The stock had a trading volume of 14,902 shares, compared to its average volume of 227,970. The company has a market capitalization of $2.40 billion, a PE ratio of -44.60 and a beta of 0.48. Rogers Corporation has a twelve month low of $61.17 and a twelve month high of $169.00. The firm has a 50 day moving average price of $145.37 and a 200 day moving average price of $118.53.

Rogers (NYSE:ROG) last announced its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.07. Rogers had a negative net margin of 6.81% and a positive return on equity of 4.31%. The firm had revenue of $200.50 million during the quarter, compared to analysts’ expectations of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, sell-side analysts anticipate that Rogers Corporation will post 3.71 earnings per share for the current year.

Insider Activity at Rogers

In related news, SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the transaction, the senior vice president directly owned 5,515 shares of the company’s stock, valued at $749,543.65. The trade was a 13.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.08% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ROG shares. B. Riley Financial increased their price target on Rogers to $200.00 and gave the company a “buy” rating in a report on Monday, June 15th. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. Finally, Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Rogers currently has an average rating of “Moderate Buy” and a consensus price target of $200.00.

More Rogers News

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: Several articles report that Rogers Communications agreed to buy the remaining 25% of Maple Leaf Sports & Entertainment for about C$4.35 billion, taking full control of the Toronto sports empire. This is a major ownership expansion, but it relates to the telecom company Rogers Communications, not Rogers Corporation. Article Title
• Neutral Sentiment: Another article says Rogers Communications is raising home internet prices for the second time this year. That could matter for the telecom business, but it does not directly affect Rogers Corporation’s industrial/electronics operations. Article Title
• Neutral Sentiment: A Seeking Alpha piece calls Rogers Communications a “compelling value opportunity,” which is an analyst-style view on the Canadian telecom stock rather than Rogers Corporation (ROG). Article Title

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.