Jupiter Topco LLC Makes New $963,000 Investment in Rogers Corporation $ROG

Jupiter Topco LLC purchased a new position in shares of Rogers Corporation (NYSE:ROG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,886 shares of the electronics maker’s stock, valued at approximately $963,000.

A number of other hedge funds have also made changes to their positions in the stock. State of Wyoming acquired a new stake in Rogers in the 2nd quarter worth approximately $42,000. Kemnay Advisory Services Inc. bought a new position in shares of Rogers in the fourth quarter valued at approximately $42,000. Parallel Advisors LLC boosted its holdings in shares of Rogers by 19.7% during the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after buying an additional 144 shares during the period. Global Retirement Partners LLC grew its stake in Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock valued at $104,000 after buying an additional 1,118 shares during the last quarter. Finally, Virtus Advisers LLC bought a new position in Rogers in the 3rd quarter worth $127,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Performance

NYSE:ROG opened at $128.37 on Friday. The company has a 50-day moving average of $133.59 and a 200-day moving average of $128.65. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 73.35 and a beta of 0.50. Rogers Corporation has a 52 week low of $75.14 and a 52 week high of $169.00.

Rogers (NYSE:ROG) last issued its earnings results 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). The business had revenue of $216.80 million for the quarter, compared to analyst estimates of $215.00 million. Rogers had a net margin of 3.75% and a return on equity of 5.17%. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Sell-side analysts forecast that Rogers Corporation will post 3.83 EPS for the current year.

Trending Headlines about 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 equities research analysts have recently issued reports on the company. Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. B. Riley Financial lifted their price target on Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Wall Street Zen cut Rogers from a “buy” rating to a “hold” rating in a research report on Monday, August 31st. Finally, Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.