50,041 Shares in Rogers Corporation $ROG Purchased by Nuveen LLC

Key Points

• Nuveen LLC has made a new investment in Rogers Corporation, purchasing 50,041 shares valued at approximately $3,379,000, representing 0.27% of the company's total shares.
• Analysts have increased the price target for Rogers Corporation from $80.00 to $85.00, with the stock receiving a consensus rating of "Buy."
• Rogers Corporation reported a missed earnings estimate of $0.34 EPS for the quarter, compared to the consensus estimate of $0.50, while achieving a revenue of $202.80 million.

Nuveen LLC acquired a new position in Rogers Corporation (NYSE:ROG - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 50,041 shares of the electronics maker's stock, valued at approximately $3,379,000. Nuveen LLC owned approximately 0.27% of Rogers as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Ameriprise Financial Inc. raised its position in Rogers by 66.0% during the fourth quarter. Ameriprise Financial Inc. now owns 453,144 shares of the electronics maker's stock valued at $46,044,000 after purchasing an additional 180,086 shares in the last quarter. Bank of America Corp DE raised its position in Rogers by 26.6% during the fourth quarter. Bank of America Corp DE now owns 321,337 shares of the electronics maker's stock valued at $32,651,000 after purchasing an additional 67,454 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Rogers by 4.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 254,306 shares of the electronics maker's stock valued at $17,173,000 after purchasing an additional 11,392 shares in the last quarter. Northern Trust Corp grew its stake in shares of Rogers by 5.0% during the fourth quarter. Northern Trust Corp now owns 210,632 shares of the electronics maker's stock valued at $21,402,000 after buying an additional 10,116 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Rogers by 2.7% during the first quarter. Principal Financial Group Inc. now owns 84,683 shares of the electronics maker's stock valued at $5,719,000 after buying an additional 2,228 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.

Rogers Trading Down 0.0%

Shares of NYSE:ROG traded down $0.02 on Friday, reaching $78.39. 251,105 shares of the company traded hands, compared to its average volume of 304,150. The business's 50-day simple moving average is $71.31 and its 200 day simple moving average is $69.97. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $114.05. The stock has a market capitalization of $1.42 billion, a P/E ratio of -22.21 and a beta of 0.46.

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