King Luther Capital Management Corp Grows Position in Rogers Corporation $ROG

King Luther Capital Management Corp boosted its stake in shares of Rogers Corporation (NYSE:ROG) by 45.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 95,778 shares of the electronics maker’s stock after purchasing an additional 29,798 shares during the period. King Luther Capital Management Corp owned about 0.53% of Rogers worth $8,770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ROG. Royal Bank of Canada lifted its position in Rogers by 15.7% during the first quarter. Royal Bank of Canada now owns 4,276 shares of the electronics maker’s stock valued at $288,000 after purchasing an additional 580 shares in the last quarter. AQR Capital Management LLC lifted its position in Rogers by 121.3% during the first quarter. AQR Capital Management LLC now owns 8,376 shares of the electronics maker’s stock valued at $566,000 after purchasing an additional 4,591 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Rogers by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,221 shares of the electronics maker’s stock valued at $758,000 after purchasing an additional 536 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Rogers by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,135 shares of the electronics maker’s stock valued at $3,453,000 after purchasing an additional 2,405 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Rogers during the first quarter valued at $4,345,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Michael Reed Webb sold 954 shares of Rogers stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $111.31, for a total value of $106,189.74. Following the sale, the senior vice president directly owned 7,769 shares of the company’s stock, valued at approximately $864,767.39. The trade was a 10.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Brian Keith Larabee sold 830 shares of Rogers stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total value of $112,805.30. Following the completion of the sale, the senior vice president directly owned 5,515 shares in the company, valued at $749,543.65. This trade represents a 13.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.08% of the company’s stock.

Rogers Stock Up 1.2%

Shares of Rogers stock opened at $145.72 on Thursday. The stock’s 50-day simple moving average is $122.47 and its 200-day simple moving average is $105.13. Rogers Corporation has a 52 week low of $61.17 and a 52 week high of $146.09. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of -48.41 and a beta of 0.51.

Rogers (NYSE:ROG) last announced its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.68 by $0.07. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.The business had revenue of $200.50 million for the quarter, compared to the consensus estimate of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, equities analysts expect that Rogers Corporation will post 3.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ROG. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. B. Riley Financial restated a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Rogers has an average rating of “Hold” and an average target price of $133.00.

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.