SEB Asset Management AB Invests $1.93 Million in Rogers Communication, Inc. $RCI

SEB Asset Management AB purchased a new position in shares of Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) in the 1st quarter, HoldingsChannel reports. The firm purchased 50,406 shares of the Wireless communications provider’s stock, valued at approximately $1,932,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Manchester Capital Management LLC acquired a new position in Rogers Communication in the fourth quarter valued at approximately $26,000. Farther Finance Advisors LLC grew its stake in Rogers Communication by 107.4% in the fourth quarter. Farther Finance Advisors LLC now owns 786 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 407 shares during the period. Headlands Technologies LLC grew its stake in Rogers Communication by 143.2% in the second quarter. Headlands Technologies LLC now owns 1,661 shares of the Wireless communications provider’s stock valued at $49,000 after acquiring an additional 978 shares during the period. Advisory Services Network LLC bought a new stake in shares of Rogers Communication during the third quarter valued at approximately $63,000. Finally, Danske Bank A S acquired a new position in shares of Rogers Communication during the third quarter worth approximately $64,000. 45.49% of the stock is owned by institutional investors and hedge funds.

Rogers Communication Stock Down 0.9%

RCI stock opened at $32.66 on Friday. The firm has a market capitalization of $17.64 billion, a PE ratio of 3.94, a P/E/G ratio of 4.00 and a beta of 0.64. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 1.43. Rogers Communication, Inc. has a twelve month low of $31.38 and a twelve month high of $41.14. The stock’s 50 day moving average is $35.65 and its 200-day moving average is $36.59.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last announced its quarterly earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. The business had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.91 billion. Rogers Communication had a return on equity of 11.41% and a net margin of 27.54%.Rogers Communication’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.14 earnings per share. Sell-side analysts expect that Rogers Communication, Inc. will post 3.36 EPS for the current fiscal year.

Rogers Communication Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $2.00 annualized dividend and a dividend yield of 6.1%. Rogers Communication’s dividend payout ratio is presently 15.30%.

Rogers Communication News Summary

Here are the key news stories impacting Rogers Communication this week:

• Positive Sentiment: Rogers beat Q2 estimates, posting EPS of $0.83 versus $0.80 expected and revenue of $3.95 billion versus $3.91 billion expected, which supports the stock. Article: Rogers Communication (RCI) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Total service revenue rose 8% year over year, adjusted EBITDA increased 3%, and free cash flow grew 6%, showing healthier operating momentum. Article: Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: The company reaffirmed its 2026 guidance, which can reassure investors that management still expects steady growth in service revenue, EBITDA, and free cash flow. Article: Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: Rogers announced a $0.50 quarterly dividend, implying an attractive yield that may appeal to income-focused investors. Article: Rogers Communications Declares 50 Cents per Share Quarterly Dividend
• Neutral Sentiment: Analysts and market commentary are focusing on valuation after mixed results, suggesting the stock may be viewed as fairly priced rather than dramatically undervalued. Article: Where Does Rogers Communications (TSX:RCI.B) Valuation Sit After Mixed Results And A Reaffirmed Dividend?
• Negative Sentiment: Despite the beat, earnings per share declined from $1.14 a year ago, which may temper enthusiasm about the pace of profit growth. Article: Rogers Communication stock data

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on RCI shares. TD Securities reiterated a “buy” rating on shares of Rogers Communication in a report on Thursday. Desjardins restated a “hold” rating on shares of Rogers Communication in a report on Thursday, April 23rd. Raymond James Financial assumed coverage on shares of Rogers Communication in a research note on Wednesday, July 15th. They issued an “outperform” rating on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Rogers Communication in a report on Wednesday, June 17th. Finally, Scotiabank reissued an “outperform” rating on shares of Rogers Communication in a research report on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Rogers Communication presently has an average rating of “Hold” and an average price target of $36.00.

Rogers Communication Company Profile

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.