Polar Asset Management Partners Inc. acquired a new stake in Rogers Corporation (NYSE:ROG – Free Report) in the third quarter, Holdings Channel.com reports. The firm acquired 45,919 shares of the electronics maker’s stock, valued at approximately $3,695,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Rogers during the second quarter worth about $89,111,000. Capital Research Global Investors purchased a new stake in Rogers during the 3rd quarter worth approximately $98,295,000. Atreides Management LP purchased a new stake in Rogers during the 2nd quarter worth approximately $12,888,000. Ameriprise Financial Inc. raised its stake in Rogers by 38.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock valued at $40,863,000 after purchasing an additional 165,174 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in Rogers in the 3rd quarter valued at $11,373,000. Institutional investors and hedge funds own 96.02% of the company’s stock.
Key Rogers News
Here are the key news stories impacting Rogers this week:
- Neutral Sentiment: Article about Fred Rogers and public media; cultural/history piece with no corporate ROG relevance. Mr. Rogers and the Fight for Public Media
- Neutral Sentiment: Local chamber of commerce recap for Rogers–Lowell — community/business news, not related to Rogers Corporation’s operations. Rogers-Lowell Chamber of Commerce reflects on year of progress
- Neutral Sentiment: Local high‑school bus incident — public‑safety story about a Rogers school team, not corporate. Rogers boys basketball team bus incident under investigation
- Neutral Sentiment: Law‑enforcement probe of alleged hazing at Rogers High School — local criminal investigation, not related to the company. Law enforcement investigates alleged hazing incident at Rogers High School
- Neutral Sentiment: ‘Mister Rogers’ Neighborhood’ getting an official YouTube channel — media/entertainment news about Fred Rogers IP, not Rogers Corporation. ‘Mister Rogers’ Neighborhood’ Getting YouTube Channel For First Time
- Neutral Sentiment: Sports recap: pitcher Tyler Rogers in WBC — unrelated to Rogers Corporation. Tyler Rogers WBC double play
- Neutral Sentiment: Local business/food story: someone named Rogers opens a teaching kitchen — community feature, not the company. Rogers opens teaching kitchen to promote healthy eating
- Neutral Sentiment: Political/local candidate named Rogers running for county surrogate judge — not related to the corporation. Rogers to run for Clinton Co. Surrogate’s Court Judge
- Neutral Sentiment: Baseball team/manager comments on the Orioles rotation mentioning a Rogers — sports note, irrelevant to corporate investors. Rogers on Orioles’ rotation
- Neutral Sentiment: Analyst note about Rogers Communications (Canadian telecom) — a different company whose ticker/name can cause confusion; this does not reflect Rogers Corporation (ROG). Rogers Communications: Undervalued Sports Assets Drive Buy Rating and Upside Potential
Rogers Stock Up 1.5%
Rogers (NYSE:ROG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.29. The firm had revenue of $201.50 million for the quarter, compared to analysts’ expectations of $196.50 million. Rogers had a negative net margin of 7.62% and a positive return on equity of 3.56%. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. As a group, equities analysts anticipate that Rogers Corporation will post 3.57 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research report on Thursday, January 22nd. Finally, B. Riley Financial increased their price objective on shares of Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Rogers presently has a consensus rating of “Hold” and an average price target of $109.00.
Read Our Latest Analysis on Rogers
Insider Transactions at Rogers
In other Rogers news, SVP Michael Reed Webb sold 954 shares of Rogers stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $111.31, for a total transaction of $106,189.74. Following the transaction, the senior vice president directly owned 7,769 shares of the company’s stock, valued at $864,767.39. The trade was a 10.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.
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.
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