Capstone Investment Advisors LLC Invests $793,000 in Rogers Corporation $ROG

Capstone Investment Advisors LLC purchased a new stake in shares of Rogers Corporation (NYSE:ROG) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,843 shares of the electronics maker’s stock, valued at approximately $793,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ROG. Granahan Investment Management LLC bought a new position in Rogers during the 1st quarter valued at about $3,528,000. Edgestream Partners L.P. grew its stake in Rogers by 135.0% during the first quarter. Edgestream Partners L.P. now owns 74,898 shares of the electronics maker’s stock worth $8,039,000 after buying an additional 43,029 shares during the last quarter. Strs Ohio bought a new stake in Rogers during the first quarter worth about $880,000. Trillium Asset Management LLC acquired a new stake in shares of Rogers during the second quarter worth approximately $4,788,000. Finally, Summit Global Investments acquired a new stake in shares of Rogers during the second quarter worth approximately $1,648,000. 96.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Rogers Trading Down 2.9%

Shares of ROG stock opened at $125.57 on Friday. Rogers Corporation has a 1 year low of $75.14 and a 1 year high of $169.00. The firm’s 50 day moving average is $137.32 and its 200-day moving average is $128.03. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 71.75 and a beta of 0.51.

Rogers (NYSE:ROG) last issued 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. On average, equities research analysts forecast 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.