Gamco Investors INC. ET AL Sells 11,890 Shares of Rogers Corporation $ROG

Gamco Investors INC. ET AL reduced its holdings in Rogers Corporation (NYSE:ROG) by 5.9% during the 1st quarter, Holdings Channel reports. The fund owned 191,264 shares of the electronics maker’s stock after selling 11,890 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Rogers were worth $20,528,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ROG. Wealth Enhancement Advisory Services LLC increased its holdings in Rogers by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock valued at $453,000 after purchasing an additional 130 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Rogers by 4.1% during the fourth quarter. Signaturefd LLC now owns 3,343 shares of the electronics maker’s stock worth $306,000 after purchasing an additional 133 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Rogers by 19.7% during the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after purchasing an additional 144 shares during the last quarter. Squarepoint Ops LLC increased its stake in shares of Rogers by 0.6% in the third quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock valued at $2,357,000 after buying an additional 162 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Rogers by 6.1% in the fourth quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock valued at $263,000 after buying an additional 166 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Insider Activity

In other news, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $135.91, for a total value of $112,805.30. Following the transaction, the senior vice president owned 5,515 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ROG shares. B. Riley Financial increased their price objective on shares of Rogers to $200.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Finally, Zacks Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $200.00.

Rogers Stock Performance

NYSE ROG opened at $130.28 on Friday. The stock has a market capitalization of $2.33 billion, a P/E ratio of -43.28 and a beta of 0.48. Rogers Corporation has a 52 week low of $61.17 and a 52 week high of $169.00. The stock has a fifty day moving average of $144.91 and a 200-day moving average of $122.47.

Rogers (NYSE:ROG) last issued its quarterly 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. The business 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 research analysts forecast that Rogers Corporation will post 3.71 earnings per share 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.