The Manufacturers Life Insurance Company Acquires Shares of 8,281 Rogers Corporation $ROG

The Manufacturers Life Insurance Company acquired a new stake in shares of Rogers Corporation (NYSE:ROG) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,281 shares of the electronics maker’s stock, valued at approximately $1,356,000.

Other institutional investors and hedge funds have also modified their holdings of the company. State of Wyoming acquired a new stake in Rogers during the second quarter worth about $42,000. Kemnay Advisory Services Inc. purchased a new position in shares of Rogers during the 4th quarter valued at approximately $42,000. Parallel Advisors LLC increased its holdings in shares of Rogers by 19.7% during the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock valued at $94,000 after purchasing an additional 144 shares in the last quarter. Global Retirement Partners LLC lifted its stake in shares of Rogers by 6,576.5% in 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 acquired a new position in shares of Rogers in the 3rd quarter valued at $127,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ROG shares. Wall Street Zen downgraded shares of Rogers from a “buy” rating to a “hold” rating in a report on Monday, August 31st. Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. B. Riley Financial upped their price objective on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Finally, Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $200.00.

Rogers Price Performance

Rogers stock opened at $128.37 on Friday. The stock has a market capitalization of $2.29 billion, a PE ratio of 73.35 and a beta of 0.50. Rogers Corporation has a 12 month low of $75.14 and a 12 month high of $169.00. The business has a 50 day simple moving average of $133.59 and a 200-day simple moving average of $128.65.

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

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.