UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 7,191 Shares of Rogers Corporation $ROG

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Rogers Corporation (NYSE:ROG) by 16.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,482 shares of the electronics maker’s stock after purchasing an additional 7,191 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.28% of Rogers worth $8,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Rogers in the 2nd quarter valued at $556,493,000. Capital Research Global Investors raised its holdings in shares of Rogers by 24.3% during the 4th quarter. Capital Research Global Investors now owns 1,519,040 shares of the electronics maker’s stock worth $139,098,000 after buying an additional 297,380 shares in the last quarter. Norges Bank bought a new stake in shares of Rogers during the 4th quarter worth $119,157,000. State Street Corp lifted its position in shares of Rogers by 3.8% during the 4th quarter. State Street Corp now owns 732,659 shares of the electronics maker’s stock worth $67,090,000 after buying an additional 27,036 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Rogers by 38.3% in the second quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock valued at $40,863,000 after buying an additional 165,174 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Rogers Price Performance

Rogers stock opened at $128.37 on Tuesday. The stock’s 50 day moving average is $132.87 and its 200 day moving average is $128.98. Rogers Corporation has a one year low of $75.14 and a one year high of $169.00. The firm has a market cap of $2.29 billion, a P/E ratio of 73.35 and a beta of 0.50.

Rogers (NYSE:ROG) last released its 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 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 anticipate that Rogers Corporation will post 3.83 earnings per share for the current fiscal year.

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.