Schroder Investment Management Group Buys 57,504 Shares of Rogers Co. (NYSE:ROG)

Schroder Investment Management Group grew its holdings in Rogers Co. (NYSE:ROGFree Report) by 39.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 202,671 shares of the electronics maker’s stock after purchasing an additional 57,504 shares during the quarter. Schroder Investment Management Group’s holdings in Rogers were worth $26,767,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of ROG. BKM Wealth Management LLC acquired a new position in Rogers in the fourth quarter worth $30,000. B. Riley Wealth Advisors Inc. boosted its stake 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 worth $214,000 after purchasing an additional 132 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in Rogers in the fourth quarter worth $222,000. Wrapmanager Inc. acquired a new position in Rogers in the fourth quarter worth $242,000. Finally, Pathstone Family Office LLC boosted its stake in Rogers by 15.0% in the third quarter. Pathstone Family Office LLC now owns 2,341 shares of the electronics maker’s stock worth $308,000 after purchasing an additional 306 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Performance

Rogers stock opened at $115.96 on Tuesday. The firm has a market cap of $2.16 billion, a P/E ratio of 31.86 and a beta of 0.61. The business’s fifty day moving average is $116.37 and its two-hundred day moving average is $119.76. Rogers Co. has a 52 week low of $105.48 and a 52 week high of $173.16.

Rogers (NYSE:ROGGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The electronics maker reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.03. Rogers had a return on equity of 5.30% and a net margin of 7.73%. The business had revenue of $213.40 million for the quarter, compared to analyst estimates of $210.00 million. On average, equities research analysts predict that Rogers Co. will post 3.07 earnings per share for the current year.

About Rogers

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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