Rogers Corporation $ROG Shares Acquired by Gamco Investors INC. ET AL

Key Points

• Gamco Investors INC. increased its holdings in Rogers Corporation by 63.7%, owning 1.03% of the company, valued at approximately $12.84 million.
• Rogers Corporation missed its earnings estimate, reporting $0.34 earnings per share for the last quarter, below the anticipated $0.50.
• Wall Street analysts currently have a consensus rating of "Buy" on Rogers stock, with a target price increase from $80.00 to $85.00.

Gamco Investors INC. ET AL increased its holdings in Rogers Corporation (NYSE:ROG - Free Report) by 63.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 190,150 shares of the electronics maker's stock after acquiring an additional 74,025 shares during the period. Gamco Investors INC. ET AL owned approximately 1.03% of Rogers worth $12,841,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ROG. Raymond James Financial Inc. purchased a new position in Rogers in the fourth quarter worth approximately $1,585,000. Barclays PLC grew its position in Rogers by 22.7% in the fourth quarter. Barclays PLC now owns 37,515 shares of the electronics maker's stock worth $3,812,000 after acquiring an additional 6,935 shares during the period. First Trust Advisors LP grew its position in Rogers by 41.0% in the fourth quarter. First Trust Advisors LP now owns 15,074 shares of the electronics maker's stock worth $1,532,000 after acquiring an additional 4,384 shares during the period. Dimensional Fund Advisors LP increased its holdings in Rogers by 6.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 874,139 shares of the electronics maker's stock valued at $88,823,000 after purchasing an additional 50,708 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in Rogers by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 11,471 shares of the electronics maker's stock valued at $1,166,000 after purchasing an additional 630 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Down 0.0%

NYSE:ROG traded down $0.02 during trading hours on Friday, reaching $78.39. 251,105 shares of the stock were exchanged, compared to its average volume of 304,150. The business has a 50-day moving average of $71.31 and a two-hundred day moving average of $69.97. Rogers Corporation has a twelve month low of $51.43 and a twelve month high of $114.05. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -22.21 and a beta of 0.46.

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

Rogers Company 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.