Rogers (NYSE:ROG) Sets New 1-Year High – Time to Buy?

Shares of Rogers Corporation (NYSE:ROG) hit a new 52-week high on Tuesday . The company traded as high as $145.67 and last traded at $144.18, with a volume of 374179 shares trading hands. The stock had previously closed at $135.13.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. B. Riley Financial restated a “buy” rating on shares of Rogers in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $133.00.

Rogers Trading Down 0.7%

The company has a market cap of $2.58 billion, a PE ratio of -48.10 and a beta of 0.51. The business has a fifty day simple moving average of $123.35 and a two-hundred day simple moving average of $105.55.

Rogers (NYSE:ROG) last issued its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.07. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.The business 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. Equities analysts expect that Rogers Corporation will post 3.71 EPS for the current year.

Insiders Place Their Bets

In other Rogers news, SVP Michael Reed Webb sold 954 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $111.31, for a total value of $106,189.74. Following the completion of the sale, the senior vice president directly owned 7,769 shares of the company’s stock, valued at $864,767.39. This trade represents a 10.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction 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 sale, the senior vice president directly owned 5,515 shares of the company’s stock, valued at $749,543.65. This trade represents a 13.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.08% of the stock is owned by company insiders.

Institutional Trading of Rogers

A number of hedge funds and other institutional investors have recently modified their holdings of ROG. Royal Bank of Canada increased its position in shares of Rogers by 15.7% during the 1st quarter. Royal Bank of Canada now owns 4,276 shares of the electronics maker’s stock worth $288,000 after purchasing an additional 580 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Rogers by 121.3% during the 1st quarter. AQR Capital Management LLC now owns 8,376 shares of the electronics maker’s stock worth $566,000 after purchasing an additional 4,591 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Rogers by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,221 shares of the electronics maker’s stock worth $758,000 after purchasing an additional 536 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Rogers by 4.9% during the 1st 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 purchasing an additional 2,405 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Rogers during the 1st quarter worth about $4,345,000. 96.02% of the stock is owned by institutional investors and hedge funds.

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.