Charles Schwab Investment Management Inc. Has $17.17 Million Stock Position in Rogers Corporation $ROG

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Rogers Corporation by 4.7%, acquiring a total of 254,306 shares valued at approximately $17.17 million.
• Analysts have a consensus "Buy" rating for Rogers, with a price target raised to $85.00 by B. Riley, indicating positive sentiment about the stock's future performance.
• Rogers Corporation reported $0.34 earnings per share for the last quarter, missing estimates, but its revenue of $202.80 million exceeded expectations.

Charles Schwab Investment Management Inc. grew its position in Rogers Corporation (NYSE:ROG - Free Report) by 4.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 254,306 shares of the electronics maker's stock after acquiring an additional 11,392 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.37% of Rogers worth $17,173,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. lifted its position in Rogers by 66.0% in the fourth quarter. Ameriprise Financial Inc. now owns 453,144 shares of the electronics maker's stock worth $46,044,000 after purchasing an additional 180,086 shares during the period. Bank of America Corp DE raised its stake in shares of Rogers by 26.6% in the 4th quarter. Bank of America Corp DE now owns 321,337 shares of the electronics maker's stock valued at $32,651,000 after buying an additional 67,454 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Rogers by 6.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 874,139 shares of the electronics maker's stock worth $88,823,000 after acquiring an additional 50,708 shares during the period. GAMMA Investing LLC boosted its position in shares of Rogers by 23,098.1% during the 1st quarter. GAMMA Investing LLC now owns 25,054 shares of the electronics maker's stock valued at $1,692,000 after acquiring an additional 24,946 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in Rogers by 227.3% in the first quarter. GSA Capital Partners LLP now owns 24,607 shares of the electronics maker's stock valued at $1,662,000 after acquiring an additional 17,089 shares during the period. 96.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, B. Riley raised their target price on Rogers from $80.00 to $85.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Rogers currently has an average rating of "Buy" and an average price target of $85.00.

Rogers Price Performance

NYSE:ROG traded down $0.8690 during trading hours on Monday, reaching $78.6710. 217,341 shares of the stock were exchanged, compared to its average volume of 350,351. The stock has a market cap of $1.43 billion, a PE ratio of -22.29 and a beta of 0.46. Rogers Corporation has a twelve month low of $51.43 and a twelve month high of $114.05. The firm has a 50 day moving average of $70.41 and a 200 day moving average of $69.97.

Rogers (NYSE:ROG - Get Free Report) last announced its earnings results on Thursday, July 31st. The electronics maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.16). The business had revenue of $202.80 million for the quarter, compared to analyst estimates of $198.75 million. Rogers had a positive return on equity of 3.04% and a negative net margin of 8.14%. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. Equities research analysts anticipate that Rogers Corporation will post 3.57 earnings per share for the current 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.