Rogers Corporation (NYSE:ROG – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $120.95 and traded as high as $137.39. Rogers shares last traded at $133.77, with a volume of 200,020 shares changing hands.
More Rogers News
Here are the key news stories impacting Rogers this week:
- Positive Sentiment: Rogers Corporation released its 2026 Sustainability Report, emphasizing environmental, governance, and employee initiatives that may support its long-term brand and customer relationships. Rogers Corporation Releases Its 2026 Sustainability Report
- Neutral Sentiment: Rogers stock was noted as trading above its 200-day moving average, a technical signal that may suggest continued investor interest, though it does not change the company’s fundamentals. Rogers (NYSE:ROG) Stock Price Passes Above 200 Day Moving Average – Should You Sell?
- Negative Sentiment: Separately, Rogers Communications faced news about customer service job cuts and complaints over long wait times, which could weigh on sentiment toward the Rogers-branded telecom name, even though it is unrelated to Rogers Corporation (ROG). Rogers cutting telco customer service jobs amid complaints of long wait times
Analysts Set New Price Targets
A number of brokerages recently issued reports on ROG. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. B. Riley Financial boosted their price target on Rogers to $200.00 and gave the company a “buy” rating in a report on Monday, June 15th. Finally, Zacks Research raised Rogers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $200.00.
Rogers Stock Performance
The company has a market cap of $2.36 billion, a PE ratio of -43.89 and a beta of 0.48. The firm has a fifty day simple moving average of $145.59 and a 200 day simple moving average of $121.03.
Rogers (NYSE:ROG – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.75 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 company had revenue of $200.50 million during the quarter, compared to the consensus estimate of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, equities analysts predict that Rogers Corporation will post 3.71 EPS for the current fiscal year.
Insider Buying and Selling
In related news, SVP Brian Keith Larabee sold 830 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the transaction, the senior vice president owned 5,515 shares of the company’s stock, valued at approximately $749,543.65. This represents a 13.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.08% of the company’s stock.
Institutional Trading of Rogers
Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in shares of Rogers by 15.7% in the 1st quarter. Royal Bank of Canada now owns 4,276 shares of the electronics maker’s stock worth $288,000 after buying an additional 580 shares during the period. AQR Capital Management LLC grew its position in Rogers by 121.3% during the first quarter. AQR Capital Management LLC now owns 8,376 shares of the electronics maker’s stock valued at $566,000 after acquiring an additional 4,591 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Rogers by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,221 shares of the electronics maker’s stock worth $758,000 after acquiring an additional 536 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Rogers by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,135 shares of the electronics maker’s stock worth $3,453,000 after acquiring an additional 2,405 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Rogers in the 1st quarter worth about $4,345,000. 96.02% of the stock is owned by hedge funds and other institutional investors.
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.
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