Federated Hermes Inc. Has $10.03 Million Position in Rogers Co. (NYSE:ROG)

Federated Hermes Inc. trimmed its holdings in shares of Rogers Co. (NYSE:ROG - Free Report) by 79.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,954 shares of the electronics maker's stock after selling 287,938 shares during the quarter. Federated Hermes Inc. owned 0.41% of Rogers worth $10,031,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BKM Wealth Management LLC purchased a new position in Rogers in the fourth quarter valued at about $30,000. B. Riley Wealth Advisors Inc. lifted its holdings in Rogers by 8.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker's stock valued at $214,000 after acquiring an additional 132 shares during the period. Asset Management One Co. Ltd. acquired a new position in Rogers in the third quarter valued at approximately $224,000. Quantbot Technologies LP purchased a new stake in Rogers in the 3rd quarter valued at $255,000. Finally, Teacher Retirement System of Texas grew its holdings in Rogers by 17.9% in the 3rd quarter. Teacher Retirement System of Texas now owns 2,073 shares of the electronics maker's stock valued at $273,000 after buying an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.

Rogers Trading Down 0.1 %

NYSE:ROG traded down $0.14 during trading hours on Wednesday, hitting $109.07. The company had a trading volume of 131,739 shares, compared to its average volume of 151,440. Rogers Co. has a 1 year low of $105.48 and a 1 year high of $173.16. The company has a 50-day moving average of $114.75 and a 200 day moving average of $121.33. The company has a market cap of $2.04 billion, a P/E ratio of 36.00 and a beta of 0.69. The company has a current ratio of 4.53, a quick ratio of 3.21 and a debt-to-equity ratio of 0.02.

Rogers (NYSE:ROG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The electronics maker reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by ($0.40). Rogers had a return on equity of 5.82% and a net margin of 6.23%. The firm had revenue of $204.60 million during the quarter, compared to analysts' expectations of $220.00 million. Sell-side analysts expect that Rogers Co. will post 2.93 earnings per share for the current 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.