Vanguard Group Inc. Reduces Stake in Rogers Corporation $ROG

Vanguard Group Inc. lowered its holdings in Rogers Corporation (NYSE:ROG) by 3.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,235,697 shares of the electronics maker’s stock after selling 69,772 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Rogers worth $204,723,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ROG. Capital Research Global Investors purchased a new position in shares of Rogers in the 3rd quarter valued at about $98,295,000. Atreides Management LP purchased a new position in shares of Rogers in the 2nd quarter valued at about $12,888,000. Ameriprise Financial Inc. grew its stake in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after buying an additional 165,174 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in Rogers during the third quarter worth approximately $11,373,000. Finally, First Eagle Investment Management LLC acquired a new position in Rogers during the third quarter worth approximately $5,616,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Insider Activity at Rogers

In other Rogers news, SVP Brian Keith Larabee sold 830 shares of Rogers stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $135.91, for a total value of $112,805.30. Following the transaction, the senior vice president directly owned 5,515 shares in the company, valued at approximately $749,543.65. This trade represents a 13.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Michael Reed Webb sold 1,197 shares of Rogers stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $106.25, for a total value of $127,181.25. Following the completion of the transaction, the senior vice president owned 9,747 shares in the company, valued at $1,035,618.75. This trade represents a 10.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,981 shares of company stock worth $346,176 over the last quarter. Company insiders own 1.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. B. Riley Financial reaffirmed a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $133.00.

Rogers Stock Up 2.3%

ROG opened at $140.43 on Friday. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of -46.65 and a beta of 0.51. Rogers Corporation has a 52 week low of $61.17 and a 52 week high of $144.46. The business’s 50 day moving average is $113.68 and its two-hundred day moving average is $99.94.

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

About Rogers

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.