Rogers (NYSE:ROG) Sets New 1-Year High – Should You Buy?

Shares of Rogers Corporation (NYSE:ROG) hit a new 52-week high during trading on Monday . The company traded as high as $137.94 and last traded at $133.91, with a volume of 203734 shares changing hands. The stock had previously closed at $134.44.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. B. Riley Financial restated a “buy” rating on shares of Rogers in a report on Thursday, April 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $133.00.

Rogers Trading Down 1.0%

The firm has a market cap of $2.38 billion, a P/E ratio of -44.45 and a beta of 0.51. The company’s 50 day simple moving average is $111.81 and its 200-day simple moving average is $98.81.

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

Insider Activity

In other news, SVP Brian Keith Larabee sold 830 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the sale, the senior vice president owned 5,515 shares of the company’s stock, valued at $749,543.65. This represents a 13.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Michael Reed Webb sold 954 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $111.31, for a total transaction of $106,189.74. Following the sale, the senior vice president directly owned 7,769 shares of the company’s stock, valued at $864,767.39. The trade was a 10.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,981 shares of company stock valued at $346,176 in the last ninety days. Insiders own 1.08% of the company’s stock.

Institutional Investors Weigh In On Rogers

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its holdings in Rogers by 2,361.8% in the 1st quarter. Fifth Third Bancorp now owns 4,259 shares of the electronics maker’s stock worth $457,000 after acquiring an additional 4,086 shares in the last quarter. Hsbc Holdings PLC boosted its stake in Rogers by 267.1% in the 1st quarter. Hsbc Holdings PLC now owns 16,567 shares of the electronics maker’s stock worth $1,805,000 after purchasing an additional 12,054 shares during the period. Strs Ohio bought a new position in Rogers in the 1st quarter worth approximately $880,000. Pictet Asset Management Holding SA bought a new position in Rogers in the 1st quarter worth approximately $217,000. Finally, Louisiana State Employees Retirement System bought a new position in Rogers in the 1st quarter worth approximately $794,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.