Caitong International Asset Management Co. Ltd Has $37,000 Holdings in Rogers Corporation $ROG

Caitong International Asset Management Co. Ltd reduced its stake in Rogers Corporation (NYSE:ROG) by 72.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 535 shares of the electronics maker’s stock after selling 1,422 shares during the period. Caitong International Asset Management Co. Ltd’s holdings in Rogers were worth $37,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC increased its holdings in shares of Rogers by 12.4% in the second quarter. Sequoia Financial Advisors LLC now owns 4,245 shares of the electronics maker’s stock valued at $291,000 after purchasing an additional 468 shares during the last quarter. CWM LLC increased its holdings in shares of Rogers by 80.8% in the second quarter. CWM LLC now owns 4,105 shares of the electronics maker’s stock valued at $281,000 after purchasing an additional 1,834 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Rogers by 49.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,629 shares of the electronics maker’s stock valued at $317,000 after purchasing an additional 1,525 shares during the last quarter. Inspire Investing LLC increased its holdings in shares of Rogers by 19.8% in the second quarter. Inspire Investing LLC now owns 6,936 shares of the electronics maker’s stock valued at $475,000 after purchasing an additional 1,145 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of Rogers by 222.9% in the second quarter. Signaturefd LLC now owns 3,213 shares of the electronics maker’s stock valued at $220,000 after purchasing an additional 2,218 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers Stock Performance

ROG stock opened at $86.19 on Monday. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $114.05. The company’s 50-day simple moving average is $81.15 and its 200 day simple moving average is $71.62. The company has a market capitalization of $1.56 billion, a PE ratio of -24.42 and a beta of 0.46.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Thursday, July 31st. The electronics maker reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.16). Rogers had a positive return on equity of 3.04% and a negative net margin of 8.14%.The firm had revenue of $202.80 million for the quarter, compared to the consensus estimate of $198.75 million. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. On average, analysts forecast that Rogers Corporation will post 3.57 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on ROG shares. Zacks Research upgraded shares of Rogers from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a report on Saturday. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $85.00.

Rogers Profile

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.