Deutsche Bank AG Takes Position in Rogers Corporation $ROG

Deutsche Bank AG purchased a new position in Rogers Corporation (NYSE:ROG) during the second quarter, HoldingsChannel reports. The firm purchased 19,299 shares of the electronics maker’s stock, valued at approximately $3,160,000.

Other large investors also recently modified their holdings of the company. State of Wyoming purchased a new stake in Rogers during the second quarter valued at $42,000. Kemnay Advisory Services Inc. purchased a new position in Rogers in the fourth quarter worth about $42,000. Parallel Advisors LLC boosted its position in Rogers by 19.7% in the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after purchasing an additional 144 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Rogers by 6,576.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock valued at $104,000 after purchasing an additional 1,118 shares during the period. Finally, Virtus Advisers LLC bought a new stake in shares of Rogers during the 3rd quarter valued at about $127,000. Institutional investors own 96.02% of the company’s stock.

Rogers Trading Up 1.5%

NYSE ROG opened at $126.63 on Thursday. Rogers Corporation has a 12 month low of $75.14 and a 12 month high of $169.00. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 72.36 and a beta of 0.51. The company’s 50 day moving average is $138.72 and its two-hundred day moving average is $127.88.

Rogers (NYSE:ROG) last posted its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07). The firm had revenue of $216.80 million during the quarter, compared to the consensus estimate of $215.00 million. Rogers had a return on equity of 5.17% and a net margin of 3.75%.Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Sell-side analysts forecast that Rogers Corporation will post 3.83 EPS for the current year.

Analyst Upgrades and Downgrades

ROG has been the topic of a number of research reports. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Wall Street Zen raised shares of Rogers from a “hold” rating to a “buy” rating in a report on Sunday. B. Riley Financial increased their price target on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Finally, Zacks Research downgraded shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Rogers has a consensus rating of “Hold” and a consensus target price of $200.00.

Rogers Company Profile

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.