Pinnacle Associates Ltd. lifted its holdings in Rogers Corporation (NYSE:ROG – Free Report) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,581 shares of the electronics maker’s stock after acquiring an additional 4,411 shares during the period. Pinnacle Associates Ltd. owned 0.32% of Rogers worth $8,656,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its holdings in Rogers by 26.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,659 shares of the electronics maker’s stock worth $713,000 after purchasing an additional 964 shares in the last quarter. GAMMA Investing LLC boosted its stake in Rogers by 12.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,054 shares of the electronics maker’s stock worth $161,000 after purchasing an additional 117 shares during the period. Toth Financial Advisory Corp purchased a new stake in Rogers during the 3rd quarter valued at approximately $337,000. SkyView Investment Advisors LLC purchased a new stake in Rogers during the 2nd quarter valued at approximately $205,000. Finally, Engineers Gate Manager LP grew its holdings in Rogers by 214.0% during the 2nd quarter. Engineers Gate Manager LP now owns 9,742 shares of the electronics maker’s stock valued at $1,595,000 after buying an additional 6,639 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.
Rogers Trading Up 2.7%
NYSE:ROG opened at $140.44 on Thursday. The company has a market capitalization of $2.51 billion, a P/E ratio of 80.25 and a beta of 0.43. Rogers Corporation has a 12 month low of $75.14 and a 12 month high of $169.00. The business’s 50-day moving average is $136.38 and its 200 day moving average is $136.67.
Rogers (NYSE:ROG – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing analysts’ consensus estimates 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. On average, research analysts forecast that Rogers Corporation will post 3.83 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on ROG shares. Wall Street Zen cut shares of Rogers from a “buy” rating to a “hold” rating in a research report on Monday, August 31st. Freedom Broker upgraded shares of Rogers to a “strong-buy” rating in a research report on Thursday, October 1st. Zacks Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Finally, B. Riley Financial lifted their price target on shares of Rogers from $200.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.00.
View Our Latest Stock Analysis on ROG
Trending Headlines about Rogers
Here are the key news stories impacting Rogers this week:
- Neutral Sentiment: Multiple reports cover Mike Rogers’ Michigan Senate campaign, including his debate with Abdul El-Sayed, positions on tariffs, artificial intelligence and health care, and efforts to attract Black and Jewish voters. These political stories concern the candidate, not Rogers Corporation, and are unlikely to affect ROG shares. Michigan Senate campaign coverage Rogers says inroads with Black and Jewish voters will help him beat El-Sayed Tariffs, AI and health care forum
- Neutral Sentiment: Additional coverage discusses campaign attacks, including allegations involving El-Sayed and resurfaced comments attributed to Mike Rogers. These developments have no apparent connection to Rogers Corporation’s operations, earnings or outlook. Mike Rogers campaign controversy Resurfaced Mike Rogers audio
- Neutral Sentiment: Reports about Rogers, Michigan voters considering a proposed $457.25 million bond package and local infrastructure improvements also refer to a municipality rather than Rogers Corporation. Rogers city improvement proposal
Rogers Company Profile
Rogers Corporation (NYSE: ROG) is a global manufacturer of engineered materials and specialty components used in demanding applications. The company develops high-performance elastomers, polymer composites, laminates and other material technologies designed to provide electrical insulation, thermal management, vibration control, protection and reliability.
Its products are used in electric and hybrid vehicles, power electronics, telecommunications and 5G infrastructure, aerospace and defense systems, healthcare equipment, renewable energy systems and various industrial applications.
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