Gabelli Funds LLC Raises Position in Rogers Corporation $ROG

Key Points

• Gabelli Funds LLC increased its position in Rogers Corporation by 80.7% in the first quarter, owning 76,700 shares worth approximately $5.18 million.
• Several other institutional investors also significantly raised their stakes in Rogers, with some increasing their positions by more than 6,000%.
• Rogers reported a quarterly EPS of $0.34, which missed estimates, while revenue reached $202.80 million, slightly exceeding expectations.

Gabelli Funds LLC raised its position in shares of Rogers Corporation (NYSE:ROG - Free Report) by 80.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,700 shares of the electronics maker's stock after purchasing an additional 34,250 shares during the period. Gabelli Funds LLC owned 0.41% of Rogers worth $5,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC boosted its holdings in shares of Rogers by 11.8% in the first quarter. CWM LLC now owns 2,271 shares of the electronics maker's stock worth $153,000 after acquiring an additional 240 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Rogers by 243.5% in the first quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker's stock worth $25,000 after acquiring an additional 263 shares during the period. Bridge City Capital LLC boosted its holdings in shares of Rogers by 1.6% in the first quarter. Bridge City Capital LLC now owns 20,208 shares of the electronics maker's stock worth $1,365,000 after acquiring an additional 314 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Rogers by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,685 shares of the electronics maker's stock worth $1,086,000 after acquiring an additional 398 shares during the period. Finally, Illinois Municipal Retirement Fund boosted its holdings in shares of Rogers by 4.6% in the first quarter. Illinois Municipal Retirement Fund now owns 9,165 shares of the electronics maker's stock worth $619,000 after acquiring an additional 407 shares during the period. 96.02% of the stock is owned by institutional investors.

Rogers Price Performance

Shares of Rogers stock traded down $0.11 during trading hours on Wednesday, reaching $77.27. The company had a trading volume of 44,210 shares, compared to its average volume of 230,202. Rogers Corporation has a one year low of $51.43 and a one year high of $114.05. The business has a fifty day simple moving average of $71.70 and a 200 day simple moving average of $69.69. The firm has a market cap of $1.40 billion, a PE ratio of -21.89 and a beta of 0.51.

Rogers (NYSE:ROG - Get Free Report) last posted 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 company had revenue of $202.80 million during the quarter, compared to the consensus estimate 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 year.

About Rogers

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.