Vanguard Group Inc. Sells 29,366 Shares of Rogers Corporation $ROG

Vanguard Group Inc. decreased its holdings in shares of Rogers Corporation (NYSE:ROG) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,305,469 shares of the electronics maker’s stock after selling 29,366 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of Rogers worth $185,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Geode Capital Management LLC increased its position in Rogers by 1.0% during the second quarter. Geode Capital Management LLC now owns 420,556 shares of the electronics maker’s stock worth $28,803,000 after buying an additional 4,240 shares during the last quarter. Summit Global Investments bought a new stake in shares of Rogers during the 2nd quarter worth about $812,000. Bank of Montreal Can acquired a new position in shares of Rogers during the 2nd quarter valued at about $327,000. Norges Bank bought a new position in shares of Rogers in the 2nd quarter valued at approximately $89,111,000. Finally, Creative Planning lifted its holdings in Rogers by 39.0% in the 2nd quarter. Creative Planning now owns 36,505 shares of the electronics maker’s stock worth $2,500,000 after purchasing an additional 10,246 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Price Performance

Shares of Rogers stock opened at $111.90 on Tuesday. The firm has a fifty day moving average price of $100.34 and a two-hundred day moving average price of $89.08. Rogers Corporation has a fifty-two week low of $51.43 and a fifty-two week high of $112.81. The company has a market cap of $2.00 billion, a PE ratio of -33.50 and a beta of 0.36.

Rogers (NYSE:ROG) last released its earnings results on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.29. Rogers had a negative net margin of 7.62% and a positive return on equity of 3.56%. The business had revenue of $201.50 million during the quarter, compared to analysts’ expectations of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. Analysts expect that Rogers Corporation will post 3.57 earnings per share for the current fiscal year.

Insider Activity at Rogers

In other news, SVP Michael Reed Webb sold 954 shares of Rogers stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $111.31, for a total transaction of $106,189.74. Following the sale, the senior vice president owned 7,769 shares of the company’s stock, valued at approximately $864,767.39. This trade represents a 10.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Analysts Set New Price Targets

ROG has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research report on Thursday, January 22nd. Zacks Research downgraded shares of Rogers from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Finally, B. Riley Financial raised their target price on shares of Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Rogers currently has an average rating of “Hold” and a consensus target price of $109.00.

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.