11,915 Shares in Rogers Co. (NYSE:ROG) Bought by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT bought a new position in shares of Rogers Co. (NYSE:ROG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,915 shares of the electronics maker’s stock, valued at approximately $1,437,000. Bradley Foster & Sargent Inc. CT owned 0.06% of Rogers at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ROG. Asset Dedication LLC bought a new position in Rogers during the second quarter worth $25,000. Bessemer Group Inc. raised its stake in shares of Rogers by 2,926.3% in the 1st quarter. Bessemer Group Inc. now owns 575 shares of the electronics maker’s stock valued at $68,000 after buying an additional 556 shares in the last quarter. Covestor Ltd raised its stake in shares of Rogers by 629.5% in the 1st quarter. Covestor Ltd now owns 766 shares of the electronics maker’s stock valued at $91,000 after buying an additional 661 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of Rogers in the 1st quarter valued at $95,000. Finally, Quest Partners LLC raised its stake in shares of Rogers by 39,200.0% in the 2nd quarter. Quest Partners LLC now owns 786 shares of the electronics maker’s stock valued at $95,000 after buying an additional 784 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Performance

Shares of ROG stock opened at $104.61 on Thursday. Rogers Co. has a 52-week low of $96.41 and a 52-week high of $140.82. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 28.74 and a beta of 0.49. The firm has a fifty day moving average of $111.73 and a 200-day moving average of $115.29.

Rogers (NYSE:ROG) last announced its quarterly earnings data on Thursday, July 25th. The electronics maker reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.09. Rogers had a net margin of 6.75% and a return on equity of 4.67%. The company had revenue of $214.20 million during the quarter, compared to analysts’ expectations of $215.00 million. During the same quarter in the prior year, the company posted $1.07 EPS. On average, sell-side analysts predict that Rogers Co. will post 3.04 earnings per share for the current year.

Insider Buying and Selling

In related news, VP Brian Keith Larabee sold 600 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $123.37, for a total transaction of $74,022.00. Following the completion of the sale, the vice president now owns 3,409 shares in the company, valued at approximately $420,568.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is currently owned by corporate insiders.

Rogers 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.