Rogers Corporation $ROG Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its position in Rogers Corporation (NYSE:ROG) by 33.0% during the second quarter, Holdings Channel reports. The fund owned 17,905 shares of the electronics maker’s stock after selling 8,835 shares during the quarter. Intech Investment Management LLC’s holdings in Rogers were worth $1,226,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its stake in shares of Rogers by 81.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 199 shares during the period. Parallel Advisors LLC boosted its position in shares of Rogers by 106.9% during the second 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 period. GAMMA Investing LLC grew its holdings in Rogers by 171.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,006 shares of the electronics maker’s stock worth $69,000 after buying an additional 635 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Rogers by 3,893.9% during the 1st 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 in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Rogers during the 1st quarter worth $143,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Rogers

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

Wall Street Analysts Forecast Growth

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

Rogers Trading Up 5.8%

NYSE:ROG opened at $79.92 on Monday. The company has a 50-day moving average of $82.71 and a 200-day moving average of $75.16. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of -22.02 and a beta of 0.55. Rogers Corporation has a twelve month low of $51.43 and a twelve month high of $111.39.

Rogers (NYSE:ROG) last released its 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 for 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. On average, research analysts forecast that Rogers Corporation will post 3.57 earnings per share for the current year.

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.