AGF Management Ltd. Sells 26,628 Shares of Rogers Communication, Inc. $RCI

AGF Management Ltd. cut its holdings in shares of Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) by 1.5% during the third quarter, Holdings Channel.com reports. The fund owned 1,773,793 shares of the Wireless communications provider’s stock after selling 26,628 shares during the period. AGF Management Ltd.’s holdings in Rogers Communication were worth $61,143,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in RCI. MAI Capital Management raised its stake in Rogers Communication by 30.5% during the 2nd quarter. MAI Capital Management now owns 1,958 shares of the Wireless communications provider’s stock valued at $58,000 after purchasing an additional 458 shares during the period. Gold Investment Management Ltd. grew its holdings in Rogers Communication by 2.1% during the 3rd quarter. Gold Investment Management Ltd. now owns 29,233 shares of the Wireless communications provider’s stock valued at $1,007,000 after buying an additional 590 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Rogers Communication by 1.8% during the second quarter. Public Sector Pension Investment Board now owns 37,181 shares of the Wireless communications provider’s stock valued at $1,101,000 after buying an additional 640 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Rogers Communication by 52.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock worth $59,000 after buying an additional 683 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of Rogers Communication by 7.0% during the second quarter. Cerity Partners LLC now owns 11,007 shares of the Wireless communications provider’s stock worth $326,000 after acquiring an additional 724 shares during the last quarter. Institutional investors own 45.49% of the company’s stock.

Rogers Communication News Summary

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

• Positive Sentiment: Q4 results: Rogers beat EPS expectations with $1.08 vs. a $0.98 consensus and reported higher adjusted EBITDA — a clear near-term earnings beat that supports valuation. Rogers Communications Q4 Earnings Beat
• Positive Sentiment: Revenue strength: Q4 revenue rose ~12–13% YoY, led by media, sports and telecom growth — revenue outperformance provides top‑line momentum. Reuters: Revenue Above Estimates
• Positive Sentiment: Dividend boost: Board declared a $0.50 quarterly dividend (annualized yield ~5.2%), which supports income investors and can underpin the share price. Dividend Press Release
• Positive Sentiment: Technical/ratings lift: IBD upgraded Rogers B for improved price strength, which can attract momentum/technical traders. IBD Rating Upgrade
• Neutral Sentiment: Analyst stance mixed: Barclays maintained a Hold on RCI — a cautionary stance that may limit upside from the earnings beat. Barclays Hold Rating
• Neutral Sentiment: Earnings materials available: The company posted its earnings presentation and slide deck and held a call — useful for investors wanting management’s commentary on guidance, cash flow and capital allocation. Slide Deck / Call
• Neutral Sentiment: Peer comparison: Recent write-ups compare Rogers to international peers (e.g., Telefónica Brasil), which may influence relative valuation assessments but don’t change company fundamentals. Peer Comparison
• Negative Sentiment: YoY EPS decline and investor caution: EPS of $1.08 remains below last year’s $1.46, and some metrics raise questions about margin sustainability — this weaker year‑over‑year EPS and cautious broker views likely tempered buying despite the beat. MarketBeat Earnings Summary

Rogers Communication Stock Down 2.2%

NYSE:RCI opened at $37.74 on Monday. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of 2.85 and a beta of 0.74. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 1.48. Rogers Communication, Inc. has a twelve month low of $23.18 and a twelve month high of $40.26. The stock has a fifty day simple moving average of $37.14 and a 200-day simple moving average of $36.38.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last released its quarterly earnings data on Thursday, January 29th. The Wireless communications provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.98 by $0.10. Rogers Communication had a return on equity of 14.22% and a net margin of 32.29%.The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $5.94 billion. During the same period last year, the business posted $1.46 EPS. Rogers Communication’s quarterly revenue was up 12.6% on a year-over-year basis. Analysts anticipate that Rogers Communication, Inc. will post 3.57 EPS for the current year.

Rogers Communication Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $2.00 dividend on an annualized basis and a yield of 5.3%. Rogers Communication’s dividend payout ratio (DPR) is 15.46%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on RCI shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Rogers Communication in a report on Tuesday, January 13th. Desjardins lowered Rogers Communication from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Morgan Stanley reiterated an “underweight” rating on shares of Rogers Communication in a research report on Wednesday, December 10th. TD Securities restated a “buy” rating on shares of Rogers Communication in a report on Friday. Finally, Wall Street Zen downgraded shares of Rogers Communication from a “buy” rating to a “hold” rating in a report on Saturday. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price 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.