5,179 Shares in Rogers Corporation $ROG Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in Rogers Corporation (NYSE:ROG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,179 shares of the electronics maker’s stock, valued at approximately $848,000.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Rogers by 1.9% in the first quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock valued at $809,000 after purchasing an additional 143 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Rogers by 19.7% in the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock valued at $94,000 after purchasing an additional 144 shares during the last quarter. Squarepoint Ops LLC increased its stake 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 stake 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 raised its position in shares of 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 worth $1,594,000 after purchasing an additional 235 shares during the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Performance

Shares of ROG stock opened at $136.64 on Wednesday. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 78.08 and a beta of 0.52. Rogers Corporation has a one year low of $72.49 and a one year high of $169.00. The company has a 50 day moving average price of $141.77 and a 200 day moving average price of $126.77.

Rogers (NYSE:ROG) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07). Rogers had a net margin of 3.75% and a return on equity of 5.17%. The company 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. As a group, equities analysts forecast that Rogers Corporation will post 3.83 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Rogers Company 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.