New York State Teachers Retirement System Has $3.46 Million Stake in Rogers Co. (NYSE:ROG)

New York State Teachers Retirement System increased its position in shares of Rogers Co. (NYSE:ROG) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,231 shares of the electronics maker’s stock after acquiring an additional 245 shares during the quarter. New York State Teachers Retirement System owned about 0.14% of Rogers worth $3,464,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Eaton Vance Management boosted its stake in Rogers by 1.0% during the 1st quarter. Eaton Vance Management now owns 3,825 shares of the electronics maker’s stock worth $1,039,000 after acquiring an additional 39 shares during the last quarter. Mackenzie Financial Corp boosted its stake in Rogers by 4.9% during the 1st quarter. Mackenzie Financial Corp now owns 1,064 shares of the electronics maker’s stock worth $289,000 after acquiring an additional 50 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in Rogers by 0.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 16,187 shares of the electronics maker’s stock worth $4,512,000 after acquiring an additional 61 shares during the last quarter. Belpointe Asset Management LLC lifted its stake in Rogers by 115.8% in the first quarter. Belpointe Asset Management LLC now owns 164 shares of the electronics maker’s stock valued at $27,000 after buying an additional 88 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its stake in Rogers by 14.0% in the first quarter. Evergreen Capital Management LLC now owns 937 shares of the electronics maker’s stock valued at $255,000 after buying an additional 115 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Performance

Shares of ROG opened at $110.87 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.21 and a current ratio of 4.53. Rogers Co. has a twelve month low of $107.37 and a twelve month high of $173.16. The firm’s 50 day moving average price is $116.04 and its two-hundred day moving average price is $122.41. The firm has a market cap of $2.07 billion, a P/E ratio of 36.59 and a beta of 0.69.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Wednesday, February 21st. The electronics maker reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.40). Rogers had a net margin of 6.23% and a return on equity of 5.82%. The business had revenue of $204.60 million during the quarter, compared to analyst estimates of $220.00 million. On average, analysts forecast that Rogers Co. will post 2.93 EPS for the current fiscal year.

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.