Capital Research Global Investors Takes $98.30 Million Position in Rogers Corporation $ROG

Capital Research Global Investors acquired a new stake in Rogers Corporation (NYSE:ROG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,221,660 shares of the electronics maker’s stock, valued at approximately $98,295,000. Capital Research Global Investors owned 0.07% of Rogers as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its position in Rogers by 119.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,905 shares of the electronics maker’s stock worth $153,000 after buying an additional 1,038 shares during the period. Central Pacific Bank Trust Division lifted its position in shares of Rogers by 11.1% during the 3rd quarter. Central Pacific Bank Trust Division now owns 2,500 shares of the electronics maker’s stock valued at $201,000 after acquiring an additional 250 shares during the period. NJ State Employees Deferred Compensation Plan purchased a new stake in shares of Rogers during the 3rd quarter worth approximately $201,000. Inspire Advisors LLC purchased a new stake in shares of Rogers during the 3rd quarter worth approximately $208,000. Finally, Ethic Inc. acquired a new stake in shares of Rogers in the 3rd quarter worth approximately $226,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

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

Rogers Trading Down 0.4%

Rogers stock opened at $105.16 on Thursday. The stock has a 50-day moving average price of $102.23 and a 200 day moving average price of $90.50. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $112.81. The stock has a market cap of $1.87 billion, a PE ratio of -31.49 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 (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $201.50 million for the quarter, compared to analyst estimates of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. On average, equities analysts predict that Rogers Corporation will post 3.57 EPS for the current year.

Insider Buying and Selling at Rogers

In related news, SVP Michael Reed Webb sold 1,197 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $106.25, for a total transaction of $127,181.25. Following the transaction, the senior vice president owned 9,747 shares of the company’s stock, valued at approximately $1,035,618.75. This represents a 10.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.35% of the stock is currently owned by corporate insiders.

Rogers Profile

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.