Trillium Asset Management LLC Invests $4.79 Million in Rogers Corporation $ROG

Trillium Asset Management LLC acquired a new stake in Rogers Corporation (NYSE:ROG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 29,241 shares of the electronics maker’s stock, valued at approximately $4,788,000.

Other hedge funds also recently added to or reduced their stakes in the company. Vise Technologies Inc. purchased a new position in Rogers during the 2nd quarter valued at about $402,000. Westport Asset Management Inc. purchased a new stake in shares of Rogers in the 2nd quarter worth approximately $3,349,000. BlackRock Inc. purchased a new stake in shares of Rogers in the 2nd quarter worth approximately $556,493,000. Deutsche Bank AG bought a new position in shares of Rogers during the second quarter valued at approximately $3,160,000. Finally, Global Retirement Partners LLC bought a new position in shares of Rogers during the second quarter valued at approximately $244,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: No direct ROG catalyst: Articles about baseball player Jake Rogers, political candidates Mike Rogers, Rogers schools, and local incidents in Rogers are unrelated to Rogers Corporation’s electronics-materials business. Jake Rogers’ quirky MLB record gets even wilder after 1st White Sox hit Democrats back Rogers over El-Sayed
• Neutral Sentiment: Telecom-related reports are not about ROG: The cell-phone delivery scam involving a B.C. Rogers customer and the report about telecom donations to Mike Rogers relate to Rogers Communications or an individual, not Rogers Corporation. B.C. Rogers Customer Owes $4,000 After Falling for Cell Phone Delivery Scam Telecom industry gave Mike Rogers nearly $100K
• Neutral Sentiment: Other corporate references are unrelated: Mary Kay CEO Ryan Rogers and Smith+Nephew CFO John Rogers have no reported connection to Rogers Corporation. Mary Kay Accelerates Beauty Innovation and Digital Transformation Smith+Nephew CFO John Rogers to Exit

Rogers Stock Down 2.4%

NYSE ROG opened at $126.55 on Friday. Rogers Corporation has a 52 week low of $72.49 and a 52 week high of $169.00. The company has a 50 day moving average price of $141.23 and a 200 day moving average price of $127.19. The firm has a market cap of $2.26 billion, a PE ratio of 72.31 and a beta of 0.51.

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

Analyst Upgrades and Downgrades

ROG has been the topic of several research reports. B. Riley Financial lifted their price objective on shares of Rogers to $200.00 and gave the company a “buy” rating in a report on Monday, June 15th. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Zacks Research cut Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen downgraded Rogers from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Rogers presently has a consensus rating of “Hold” and an average price target of $200.00.

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.