Edgestream Partners L.P. Purchases 43,029 Shares of Rogers Corporation $ROG

Edgestream Partners L.P. grew its holdings in shares of Rogers Corporation (NYSE:ROG) by 135.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,898 shares of the electronics maker’s stock after purchasing an additional 43,029 shares during the quarter. Edgestream Partners L.P.’s holdings in Rogers were worth $8,039,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Atreides Management LP raised its holdings in Rogers by 8.2% in the 1st quarter. Atreides Management LP now owns 186,085 shares of the electronics maker’s stock worth $19,973,000 after purchasing an additional 14,165 shares during the period. Amundi increased its position in Rogers by 29.9% in the first quarter. Amundi now owns 10,510 shares of the electronics maker’s stock worth $1,128,000 after buying an additional 2,419 shares in the last quarter. California State Teachers Retirement System increased its position in Rogers by 26.1% in the first quarter. California State Teachers Retirement System now owns 19,600 shares of the electronics maker’s stock worth $2,104,000 after buying an additional 4,060 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Rogers by 1.9% in the first quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock worth $809,000 after buying an additional 143 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of Rogers by 16.7% in the first quarter. Quantinno Capital Management LP now owns 15,956 shares of the electronics maker’s stock worth $1,713,000 after buying an additional 2,284 shares during the period. 96.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. B. Riley Financial boosted their price objective on Rogers to $200.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Finally, Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $200.00.

Insiders Place Their Bets

In other news, SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the transaction, the senior vice president owned 5,515 shares of the company’s stock, valued at approximately $749,543.65. The trade was a 13.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.08% of the stock is owned by insiders.

Key Stories Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Second-quarter revenue increased approximately 7% year over year to $216.8 million, exceeding the company’s outlook and slightly topping analyst expectations. Management cited improving customer demand and progress on commercial initiatives. Rogers Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Management projected third-quarter 2026 EPS of $1.10 to $1.30, an outlook that suggests continued earnings improvement and helped offset some of the quarter’s weaker results. Adjusted EPS improved substantially from the prior year, while EBITDA margin expanded by 550 basis points. Rogers quarterly results and guidance
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter, with 118 investors adding shares and 93 reducing holdings. This indicates continued interest in the stock but no clear broad-based buying signal.
• Negative Sentiment: Rogers reported quarterly EPS of $0.92, below the consensus estimate of $0.99. Revenue was better than expected, but the earnings miss is likely the primary reason for the negative market reaction. Rogers Corp. Q2 Earnings Miss Estimates
• Negative Sentiment: Profitability remained a concern: net margin was negative, operating profit declined in the quarter, and cash from operations was relatively modest. Supply-chain challenges also continued to pressure performance. A third-party report noted that insiders recorded sales rather than purchases over the past six months, although that data was not independently verified.

Rogers Stock Down 1.9%

Shares of Rogers stock opened at $116.94 on Thursday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 66.82 and a beta of 0.48. The stock’s 50-day simple moving average is $144.26 and its 200-day simple moving average is $123.26. Rogers Corporation has a 52 week low of $61.17 and a 52 week high of $169.00.

Rogers (NYSE:ROG) last released its 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 business had revenue of $216.80 million for the quarter, compared to analysts’ expectations of $215.00 million. Rogers had a return on equity of 5.18% and a net margin of 3.75%.Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. On average, equities analysts expect that Rogers Corporation will post 3.71 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.