King Luther Capital Management Corp Boosts Stock Holdings in Rogers Corporation $ROG

King Luther Capital Management Corp increased its holdings in shares of Rogers Corporation (NYSE:ROG) by 172.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,980 shares of the electronics maker’s stock after acquiring an additional 49,980 shares during the period. King Luther Capital Management Corp owned approximately 0.44% of Rogers worth $5,409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB lifted its position in shares of Rogers by 81.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 199 shares during the period. CWM LLC grew its holdings in shares of Rogers by 11.8% in the 1st quarter. CWM LLC now owns 2,271 shares of the electronics maker’s stock worth $153,000 after acquiring an additional 240 shares during the period. Parallel Advisors LLC increased its stake in Rogers by 106.9% in the 2nd quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 385 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Rogers by 5.3% during the second quarter. Nisa Investment Advisors LLC now owns 8,229 shares of the electronics maker’s stock worth $564,000 after purchasing an additional 411 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in Rogers by 12.4% during the second quarter. Sequoia Financial Advisors LLC now owns 4,245 shares of the electronics maker’s stock worth $291,000 after purchasing an additional 468 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. B. Riley restated a “buy” rating on shares of Rogers in a research report on Thursday, October 30th. Zacks Research raised shares of Rogers from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Wall Street Zen upgraded shares of Rogers from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Weiss Ratings reaffirmed 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 assigned a Sell rating to the company. Based on data from MarketBeat, Rogers has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Rogers Trading Up 0.9%

Shares of ROG stock opened at $85.02 on Tuesday. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of -23.42 and a beta of 0.55. The firm has a 50-day moving average price of $82.79 and a 200 day moving average price of $74.04. Rogers Corporation has a twelve month low of $51.43 and a twelve month high of $111.39.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.20. The business had revenue of $216.00 million during the quarter, compared to the consensus estimate of $207.53 million. Rogers had a negative net margin of 8.35% and a positive return on equity of 2.90%. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. As a group, research analysts predict that Rogers Corporation will post 3.57 earnings per share for the current year.

Insiders Place Their Bets

In other Rogers news, SVP Brian Keith Larabee sold 775 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $85.87, for a total value of $66,549.25. Following the completion of the transaction, the senior vice president directly owned 4,462 shares in the company, valued at approximately $383,151.94. The trade was a 14.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.35% of the company’s stock.

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.