GSA Capital Partners LLP Invests $848,000 in Rogers Corporation $ROG

GSA Capital Partners LLP bought a new position in shares of Rogers Corporation (NYSE:ROG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,179 shares of the electronics maker’s stock, valued at approximately $848,000.

Other hedge funds have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in Rogers during the fourth quarter valued at approximately $42,000. Parallel Advisors LLC increased its position in shares of 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 acquiring an additional 144 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Rogers by 6,576.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock worth $104,000 after acquiring an additional 1,118 shares in the last quarter. Virtus Advisers LLC purchased a new position in shares of Rogers in the 3rd quarter valued at $127,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of Rogers in the 3rd quarter valued at $130,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ROG. B. Riley Financial upped their target price on Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen downgraded shares of Rogers from a “buy” rating to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $200.00.

Rogers Stock Performance

Shares of Rogers stock opened at $136.64 on Wednesday. The firm has a market cap of $2.44 billion, a PE ratio of 78.08 and a beta of 0.52. The firm’s 50-day simple moving average is $141.77 and its 200-day simple moving average is $126.77. Rogers Corporation has a 1 year low of $72.49 and a 1 year high of $169.00.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). The company had revenue of $216.80 million for 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. On average, equities analysts predict that Rogers Corporation will post 3.83 earnings per share for the current 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.