SCHEDULE 13G: BlackRock Portfolio Management Discloses 5.3% Stake in Rogers Corp
Beneficial Ownership Report
BlackRock Portfolio Management LLC has filed a Schedule 13G, reporting beneficial ownership of 5.3% of Rogers Corp's common stock as of June 30, 2025.
Summary
- BlackRock Portfolio Management LLC, a Delaware-organized entity, has filed a Schedule 13G regarding its beneficial ownership in Rogers Corp.
- As of June 30, 2025, BlackRock Portfolio Management LLC beneficially owns an aggregate of 975,472 shares of Rogers Corp's Common Stock.
- This ownership represents 5.3% of the total outstanding class of Rogers Corp's Common Stock.
- BlackRock Portfolio Management LLC holds sole voting power over 956,013 shares and sole dispositive power over 975,472 shares.
- No shared voting or dispositive power is reported.
- The filing indicates that various BlackRock business units, including BlackRock Life Limited, BlackRock Advisors, LLC, and BlackRock Fund Advisors, contribute to this beneficial ownership, with at least one entity owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that inherently indicates positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
The document is a beneficial ownership report and does not provide any forward-looking statements or guidance regarding Rogers Corp's future performance or outlook.
Industry Context
This filing reflects a standard disclosure by a major institutional investor, BlackRock, regarding its passive stake in a publicly traded company. It does not provide specific insights into broader industry trends or competitive dynamics beyond indicating continued institutional interest in Rogers Corp.
Stakeholder Impact
- Shareholders: The disclosure of a significant stake by a major institutional investor like BlackRock Portfolio Management LLC may be viewed as a vote of confidence in Rogers Corp, potentially influencing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of previously revoked Power of Attorney. |
| 06/30/2025 | Date of event which requires the filing of this statement. |
| 07/01/2025 | Effective date of the new Power of Attorney for BlackRock Portfolio Management LLC. |
| 07/15/2025 | Date the Schedule 13G statement was signed and filed. |
Keywords
Rogers Corp, BlackRock Portfolio Management LLC, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing
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