Intech Investment Management LLC Grows Position in Rogers Corporation $ROG

Intech Investment Management LLC lifted its holdings in shares of Rogers Corporation (NYSE:ROG) by 552.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 54,063 shares of the electronics maker’s stock after acquiring an additional 45,778 shares during the quarter. Intech Investment Management LLC’s holdings in Rogers were worth $4,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of Rogers by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock valued at $453,000 after buying an additional 130 shares during the last quarter. Signaturefd LLC boosted its position in shares of Rogers by 4.1% during the fourth quarter. Signaturefd LLC now owns 3,343 shares of the electronics maker’s stock valued at $306,000 after buying an additional 133 shares during the last quarter. Illinois Municipal Retirement Fund boosted its position in shares of Rogers by 1.9% during the third quarter. Illinois Municipal Retirement Fund now owns 8,728 shares of the electronics maker’s stock valued at $702,000 after buying an additional 161 shares during the last quarter. Squarepoint Ops LLC boosted its position in shares of Rogers by 0.6% during the third quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock valued at $2,357,000 after buying an additional 162 shares during the last quarter. Finally, Gabelli Funds LLC boosted its position in shares of Rogers by 0.4% during the third quarter. Gabelli Funds LLC now owns 78,000 shares of the electronics maker’s stock valued at $6,276,000 after buying an additional 300 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Rogers

In other Rogers news, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total value of $112,805.30. Following the transaction, the senior vice president directly owned 5,515 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this hyperlink. Insiders own 1.08% of the company’s stock.

Rogers Stock Performance

Shares of NYSE:ROG opened at $141.41 on Monday. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of -46.98 and a beta of 0.52. The stock’s 50-day simple moving average is $124.17 and its two-hundred day simple moving average is $105.95. Rogers Corporation has a 52-week low of $61.17 and a 52-week high of $148.44.

Rogers (NYSE:ROG) last announced its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.07. The business had revenue of $200.50 million for the quarter, compared to analysts’ expectations 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. As a group, equities analysts forecast that Rogers Corporation will post 3.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ROG. B. Riley Financial reaffirmed a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. Weiss Ratings raised Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $133.00.

About Rogers

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.