Advisors Preferred LLC Purchases Shares of 9,926 Rogers Corporation $ROG

Advisors Preferred LLC purchased a new position in Rogers Corporation (NYSE:ROG - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,926 shares of the electronics maker's stock, valued at approximately $1,428,000. Advisors Preferred LLC owned about 0.06% of Rogers at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ROG. Granahan Investment Management LLC acquired a new position in shares of Rogers in the 1st quarter valued at about $3,528,000. Strs Ohio purchased a new stake in shares of Rogers in the first quarter worth about $880,000. Summit Global Investments acquired a new stake in Rogers during the second quarter worth about $1,648,000. Edgestream Partners L.P. raised its position in Rogers by 135.0% during the first quarter. Edgestream Partners L.P. now owns 74,898 shares of the electronics maker's stock valued at $8,039,000 after acquiring an additional 43,029 shares in the last quarter. Finally, Atreides Management LP raised its position in Rogers by 8.2% during the first quarter. Atreides Management LP now owns 186,085 shares of the electronics maker's stock valued at $19,973,000 after acquiring an additional 14,165 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on ROG. Wall Street Zen lowered Rogers from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Weiss Ratings raised shares of Rogers from a "sell (d)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. B. Riley Financial boosted 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, Zacks Research downgraded shares of Rogers from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Rogers has a consensus rating of "Hold" and an average target price of $200.00.

Rogers Stock Down 2.4%

Shares of 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 stock has a market cap of $2.26 billion, a PE ratio of 72.31 and a beta of 0.51. The firm's fifty day moving average is $141.23 and its two-hundred day moving average is $127.19.

Rogers (NYSE:ROG - Get Free Report) 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). Rogers had a net margin of 3.75% and a return on equity of 5.17%. The company had revenue of $216.80 million during the quarter, compared to analyst estimates of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, research analysts anticipate that Rogers Corporation will post 3.83 earnings per share for the current year.

Trending Headlines about 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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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