Trillium Asset Management LLC Purchases 5,037 Shares of Rogers Co. (NYSE:ROG)

Trillium Asset Management LLC lifted its position in shares of Rogers Co. (NYSE:ROG) by 6.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,651 shares of the electronics maker’s stock after acquiring an additional 5,037 shares during the period. Trillium Asset Management LLC owned approximately 0.44% of Rogers worth $9,691,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. BKM Wealth Management LLC purchased a new position in shares of Rogers in the fourth quarter worth $30,000. Central Pacific Bank Trust Division purchased a new stake in Rogers in the first quarter worth approximately $95,000. AdvisorNet Financial Inc grew its position in Rogers by 136,400.0% in the 1st quarter. AdvisorNet Financial Inc now owns 1,365 shares of the electronics maker’s stock worth $162,000 after purchasing an additional 1,364 shares during the period. B. Riley Wealth Advisors Inc. grew its position in Rogers by 8.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker’s stock worth $214,000 after purchasing an additional 132 shares during the period. Finally, Great Lakes Advisors LLC purchased a new stake in Rogers during the 4th quarter valued at $222,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Performance

Shares of ROG stock traded down $2.94 on Friday, reaching $125.37. The stock had a trading volume of 97,857 shares, compared to its average volume of 163,665. The stock has a market cap of $2.34 billion, a P/E ratio of 34.44 and a beta of 0.53. Rogers Co. has a 1 year low of $105.48 and a 1 year high of $172.92. The company has a 50 day simple moving average of $120.44 and a 200 day simple moving average of $117.82.

Rogers (NYSE:ROG) last announced its earnings results on Thursday, April 25th. The electronics maker reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.03. Rogers had a return on equity of 5.30% and a net margin of 7.73%. The business had revenue of $213.40 million for the quarter, compared to analysts’ expectations of $210.00 million. On average, equities research analysts anticipate that Rogers Co. will post 3.07 earnings per share for the current fiscal year.

Rogers Profile

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.