Virtus Advisers LLC Makes New Investment in Rogers Corporation $ROG

Virtus Advisers LLC bought a new stake in shares of Rogers Corporation (NYSE:ROG) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,115 shares of the electronics maker’s stock, valued at approximately $1,001,000.

Several other hedge funds and other institutional investors have also modified their holdings of ROG. The Manufacturers Life Insurance Company raised its position in Rogers by 1.9% during the first quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock valued at $809,000 after buying an additional 143 shares during the period. Parallel Advisors LLC increased its holdings in shares of Rogers by 19.7% in the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock valued at $94,000 after purchasing an additional 144 shares during the period. Squarepoint Ops LLC lifted its position in shares of Rogers by 0.6% in the third quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock worth $2,357,000 after purchasing an additional 162 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Rogers by 6.1% during the fourth quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock worth $263,000 after purchasing an additional 166 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in Rogers by 1.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,395 shares of the electronics maker’s stock valued at $1,594,000 after purchasing an additional 235 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ROG shares. Zacks Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings raised Rogers from a “sell (d)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. B. Riley Financial raised their price objective on shares of Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Finally, Wall Street Zen lowered Rogers from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $200.00.

Key Headlines Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: No direct ROG catalyst: Articles about baseball player Jake Rogers, political candidates Mike Rogers, Rogers schools, and local incidents in Rogers are unrelated to Rogers Corporation’s electronics-materials business. Jake Rogers’ quirky MLB record gets even wilder after 1st White Sox hit Democrats back Rogers over El-Sayed
• Neutral Sentiment: Telecom-related reports are not about ROG: The cell-phone delivery scam involving a B.C. Rogers customer and the report about telecom donations to Mike Rogers relate to Rogers Communications or an individual, not Rogers Corporation. B.C. Rogers Customer Owes $4,000 After Falling for Cell Phone Delivery Scam Telecom industry gave Mike Rogers nearly $100K
• Neutral Sentiment: Other corporate references are unrelated: Mary Kay CEO Ryan Rogers and Smith+Nephew CFO John Rogers have no reported connection to Rogers Corporation. Mary Kay Accelerates Beauty Innovation and Digital Transformation Smith+Nephew CFO John Rogers to Exit

Rogers Stock Down 2.4%

NYSE ROG opened at $126.55 on Friday. The company’s 50-day simple moving average is $141.23 and its 200 day simple moving average is $127.19. Rogers Corporation has a twelve month low of $72.49 and a twelve month high of $169.00. The stock has a market cap of $2.26 billion, a P/E ratio of 72.31 and a beta of 0.51.

Rogers (NYSE:ROG) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.07). The firm had revenue of $216.80 million for the quarter, compared to the consensus estimate 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. Research analysts anticipate that Rogers Corporation will post 3.83 earnings per share for the current 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.