Key Points
- Rogers SVP Brian Keith Larabee sold 830 shares on May 1 at an average of $135.91 for about $112,805, trimming his holding by ~13.1% to 5,515 shares per an SEC Form 4 filing.
- The company beat Q1 EPS expectations ($0.75 vs. $0.68) with revenue of $200.5M in line with estimates, set Q2 guidance at $0.90–$1.10, but still reported a negative net margin of 6.81%.
- Analyst coverage is mixed (average rating: Hold, average target: $133), while institutional investors own about 96% of the stock, including large stakes by Norges Bank and Capital Research.
Rogers Corporation (NYSE:ROG - Get Free Report) SVP Brian Keith Larabee sold 830 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the transaction, the senior vice president owned 5,515 shares in the company, valued at approximately $749,543.65. The trade was a 13.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Rogers Price Performance
Shares of Rogers stock opened at $134.38 on Friday. Rogers Corporation has a 1 year low of $61.17 and a 1 year high of $137.94. The firm's 50-day moving average is $111.81 and its two-hundred day moving average is $98.61. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of -44.65 and a beta of 0.51.
Rogers (NYSE:ROG - Get Free Report) last issued its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping 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 company 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, equities analysts expect that Rogers Corporation will post 3.71 earnings per share for the current year.
Analyst Upgrades and Downgrades
ROG has been the subject of several analyst reports. B. Riley Financial reissued a "buy" rating on shares of Rogers in a research report on Thursday, April 23rd. Weiss Ratings reissued 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 issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $133.00.
Check Out Our Latest Analysis on ROG
Key Rogers News
Here are the key news stories impacting Rogers this week:
Hedge Funds Weigh In On Rogers
A number of large investors have recently made changes to their positions in ROG. Norges Bank acquired a new position in shares of Rogers during the fourth quarter worth $119,157,000. Capital Research Global Investors acquired a new position in shares of Rogers during the third quarter worth $98,295,000. Atreides Management LP acquired a new position in shares of Rogers during the second quarter worth $12,888,000. Ameriprise Financial Inc. increased its position in shares of Rogers by 38.3% during the second quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker's stock worth $40,863,000 after purchasing an additional 165,174 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Rogers during the third quarter worth $11,373,000. 96.02% of the stock is owned by institutional investors and hedge funds.
Rogers Company Profile
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Get Free Report)
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.
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