Quantbot Technologies LP Takes $950,000 Position in Rogers Corporation $ROG

Quantbot Technologies LP bought a new stake in Rogers Corporation (NYSE:ROG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,800 shares of the electronics maker’s stock, valued at approximately $950,000.

Other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its stake in shares of Rogers by 1.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock worth $809,000 after buying an additional 143 shares in the last quarter. Parallel Advisors LLC grew its position in Rogers by 19.7% in the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after acquiring an additional 144 shares in the last quarter. Squarepoint Ops LLC increased its stake in Rogers by 0.6% during the third quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock worth $2,357,000 after acquiring an additional 162 shares during the last quarter. Cerity Partners LLC raised its position in Rogers by 6.1% during the fourth quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock valued at $263,000 after purchasing an additional 166 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Rogers by 1.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,395 shares of the electronics maker’s stock valued at $1,594,000 after purchasing an additional 235 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ROG. Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. B. Riley Financial increased their target price on shares of Rogers to $200.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Finally, Wall Street Zen upgraded shares of Rogers from a “hold” rating to a “buy” rating in a report on Sunday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $200.00.

Rogers Trading Up 1.5%

NYSE:ROG opened at $126.63 on Thursday. The stock has a fifty day simple moving average of $138.72 and a 200-day simple moving average of $127.88. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 72.36 and a beta of 0.51. Rogers Corporation has a twelve month low of $75.14 and a twelve month high of $169.00.

Rogers (NYSE:ROG) last posted its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). The company had revenue of $216.80 million during the quarter, compared to analysts’ expectations of $215.00 million. Rogers had a return on equity of 5.17% and a net margin of 3.75%.Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, equities research analysts predict that Rogers Corporation will post 3.83 EPS for the current fiscal year.

Rogers Company Profile

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.