Norges Bank Purchases New Stake in Rogers Corporation $ROG

Norges Bank acquired a new position in shares of Rogers Corporation (NYSE:ROG) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,301,270 shares of the electronics maker’s stock, valued at approximately $119,157,000. Norges Bank owned about 7.23% of Rogers at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital Research Global Investors bought a new stake in Rogers during the third quarter valued at $98,295,000. Ameriprise Financial Inc. lifted its position in shares of Rogers by 38.3% in 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. Clearline Capital LP boosted its holdings in shares of Rogers by 15.7% in the 3rd quarter. Clearline Capital LP now owns 346,205 shares of the electronics maker’s stock valued at $27,856,000 after buying an additional 46,910 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of Rogers by 0.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 205,950 shares of the electronics maker’s stock valued at $16,571,000 after buying an additional 1,927 shares during the period. Finally, Atreides Management LP acquired a new position in shares of Rogers in the 2nd quarter valued at about $12,888,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Down 1.0%

ROG stock opened at $146.47 on Friday. Rogers Corporation has a fifty-two week low of $61.17 and a fifty-two week high of $155.66. The firm’s 50-day simple moving average is $127.94 and its 200 day simple moving average is $107.87. The stock has a market cap of $2.61 billion, a PE ratio of -48.66 and a beta of 0.52.

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 analysts’ consensus estimates 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 firm had revenue of $200.50 million during the quarter, compared to analyst estimates of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. Equities analysts forecast that Rogers Corporation will post 3.71 EPS for the current fiscal year.

Insider Activity

In related news, SVP Brian Keith Larabee sold 830 shares of the 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 completion of the transaction, the senior vice president directly owned 5,515 shares of the company’s stock, valued at $749,543.65. This represents a 13.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.08% of the company’s stock.

Key Headlines Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Rogers’ recent earnings report beat EPS expectations and management guided Q2 2026 EPS above prior expectations, which can support the share price.
• Neutral Sentiment: Several headlines reference “Rogers” in unrelated contexts, including Mister Rogers, Morgan Rogers, and Mike Rogers; these do not appear connected to Rogers Corporation’s business.
• Neutral Sentiment: Rogers-branded entertainment and sponsorship news, such as Pizza Nova being named the official pizza of Rogers Stadium, is more relevant to Rogers Communications than Rogers Corporation.
• Negative Sentiment: There is no direct negative company-specific news in these articles, so they are unlikely to explain any meaningful decline in ROG shares.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ROG shares. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. B. Riley Financial reiterated a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $133.00.

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.