Capstone Investment Advisors LLC bought a new stake in Rogers Corporation (NYSE:ROG – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,843 shares of the electronics maker’s stock, valued at approximately $793,000.
Several other large investors have also modified their holdings of the stock. Kemnay Advisory Services Inc. acquired a new stake in Rogers during the fourth quarter valued at approximately $42,000. State of Wyoming bought a new position in Rogers during the 2nd quarter worth approximately $42,000. Parallel Advisors LLC grew its position 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 acquiring an additional 144 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock worth $104,000 after acquiring an additional 1,118 shares in the last quarter. Finally, Virtus Advisers LLC bought a new stake in shares of Rogers in the 3rd quarter valued at approximately $127,000. Institutional investors own 96.02% of the company’s stock.
Wall Street Analysts Forecast Growth
ROG has been the topic of several research reports. B. Riley Financial upped their price target on Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Wall Street Zen raised shares of Rogers from a “hold” rating to a “buy” rating in a report on Sunday, August 23rd. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $200.00.
Rogers Stock Down 2.9%
ROG stock opened at $125.57 on Friday. The stock has a market cap of $2.24 billion, a PE ratio of 71.75 and a beta of 0.51. The firm’s 50-day simple moving average is $137.32 and its 200 day simple moving average is $128.03. Rogers Corporation has a fifty-two week low of $75.14 and a fifty-two week high of $169.00.
Rogers (NYSE:ROG – Get Free Report) last posted its earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share (EPS) 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 firm had revenue of $216.80 million for the quarter, compared to analyst estimates of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Equities analysts forecast that Rogers Corporation will post 3.83 EPS 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.
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