Legato Capital Management LLC Has $354,000 Stock Holdings in Rogers Corporation $ROG

Legato Capital Management LLC lessened its position in Rogers Corporation (NYSE:ROG) by 49.0% during the 4th quarter, Holdings Channel reports. The firm owned 3,870 shares of the electronics maker’s stock after selling 3,718 shares during the quarter. Legato Capital Management LLC’s holdings in Rogers were worth $354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in shares of Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock valued at $104,000 after purchasing an additional 1,118 shares in the last quarter. Virtus Advisers LLC acquired a new stake in shares of Rogers in the 3rd quarter valued at $127,000. Quadrant Capital Group LLC acquired a new stake in shares of Rogers in the 3rd quarter valued at $130,000. PNC Financial Services Group Inc. boosted its stake in shares of Rogers by 119.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,905 shares of the electronics maker’s stock valued at $153,000 after purchasing an additional 1,038 shares in the last quarter. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Rogers in the 4th quarter valued at $205,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Up 1.2%

Shares of NYSE ROG opened at $145.72 on Thursday. The firm’s 50-day simple moving average is $122.47 and its 200 day simple moving average is $105.13. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -48.41 and a beta of 0.51. Rogers Corporation has a 12-month low of $61.17 and a 12-month high of $146.09.

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, topping the consensus estimate of $0.68 by $0.07. The business had revenue of $200.50 million for the quarter, compared to the consensus estimate of $200.50 million. Rogers had a negative net margin of 6.81% and a positive return on equity of 4.31%. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, equities analysts expect that Rogers Corporation will post 3.71 earnings per share for the current year.

Insider Activity

In related news, SVP Michael Reed Webb sold 954 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $111.31, for a total transaction of $106,189.74. Following the transaction, the senior vice president owned 7,769 shares in the company, valued at $864,767.39. This represents a 10.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Brian Keith Larabee sold 830 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the transaction, the senior vice president owned 5,515 shares in the company, valued at approximately $749,543.65. This trade represents a 13.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.08% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ROG has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. B. Riley Financial reiterated a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target 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.