Hsbc Holdings PLC Takes Position in Rogers Corporation $ROG

Hsbc Holdings PLC acquired a new position in Rogers Corporation (NYSE:ROG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,447 shares of the electronics maker’s stock, valued at approximately $1,264,000. Hsbc Holdings PLC owned approximately 0.10% of Rogers as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB increased its stake in Rogers by 81.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after buying an additional 199 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Rogers by 106.9% during the 2nd quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock worth $51,000 after buying an additional 385 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Rogers by 171.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,006 shares of the electronics maker’s stock valued at $69,000 after acquiring an additional 635 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Rogers by 3,893.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,957 shares of the electronics maker’s stock valued at $132,000 after acquiring an additional 1,908 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of Rogers in the first quarter valued at about $143,000. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Down 1.9%

NYSE:ROG opened at $85.36 on Tuesday. Rogers Corporation has a 12-month low of $51.43 and a 12-month high of $111.39. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -23.51 and a beta of 0.42. The stock’s 50 day moving average price is $83.48 and its two-hundred day moving average price is $76.39.

Rogers (NYSE:ROG) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $0.90 EPS for the quarter, topping the consensus estimate of $0.70 by $0.20. The company had revenue of $216.00 million during the quarter, compared to the consensus estimate of $207.53 million. Rogers had a positive return on equity of 2.92% and a negative net margin of 8.35%.Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. Equities research analysts expect that Rogers Corporation will post 3.57 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Zacks Research raised Rogers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. B. Riley reiterated a “buy” rating on shares of Rogers in a research note on Thursday, October 30th. Wall Street Zen raised Rogers from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

Insider Buying and Selling

In other Rogers news, SVP Brian Keith Larabee sold 775 shares of the company’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $85.87, for a total value of $66,549.25. Following the transaction, the senior vice president directly owned 4,462 shares in the company, valued at $383,151.94. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is currently owned by company insiders.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.