Louisiana State Employees Retirement System Purchases New Holdings in Rogers Corporation $ROG

Louisiana State Employees Retirement System acquired a new stake in shares of Rogers Corporation (NYSE:ROG) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 7,400 shares of the electronics maker’s stock, valued at approximately $794,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROG. Kemnay Advisory Services Inc. bought a new stake in Rogers during the 4th quarter valued at about $42,000. Global Retirement Partners LLC raised its position in shares of Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock worth $104,000 after acquiring an additional 1,118 shares in the last quarter. Virtus Advisers LLC purchased a new stake in Rogers during the third quarter valued at approximately $127,000. Quadrant Capital Group LLC purchased a new stake in Rogers during the third quarter valued at approximately $130,000. Finally, Vise Technologies Inc. acquired a new stake in shares of Rogers in the 4th quarter worth $204,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Rogers News

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: Several articles report that Rogers Communications agreed to buy the remaining 25% of Maple Leaf Sports & Entertainment for about C$4.35 billion, taking full control of the Toronto sports empire. This is a major ownership expansion, but it relates to the telecom company Rogers Communications, not Rogers Corporation. Article Title
• Neutral Sentiment: Another article says Rogers Communications is raising home internet prices for the second time this year. That could matter for the telecom business, but it does not directly affect Rogers Corporation’s industrial/electronics operations. Article Title
• Neutral Sentiment: A Seeking Alpha piece calls Rogers Communications a “compelling value opportunity,” which is an analyst-style view on the Canadian telecom stock rather than Rogers Corporation (ROG). Article Title

Insider Transactions at Rogers

In other news, SVP Brian Keith Larabee sold 830 shares of Rogers stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $135.91, for a total value of $112,805.30. Following the sale, the senior vice president owned 5,515 shares in the company, valued at $749,543.65. This trade represents a 13.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. B. Riley Financial boosted their target price on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Zacks Research upgraded shares of Rogers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $200.00.

Rogers Stock Down 4.9%

Shares of NYSE:ROG traded down $6.92 during trading on Tuesday, reaching $134.18. 14,902 shares of the company’s stock traded hands, compared to its average volume of 227,970. Rogers Corporation has a fifty-two week low of $61.17 and a fifty-two week high of $169.00. The company has a 50-day simple moving average of $145.37 and a 200-day simple moving average of $118.53. The firm has a market cap of $2.40 billion, a PE ratio of -44.60 and a beta of 0.48.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.07. The company had revenue of $200.50 million for the quarter, compared to the consensus estimate of $200.50 million. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, equities research analysts forecast that Rogers Corporation will post 3.71 EPS for the current year.

Rogers 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.