Capital Research Global Investors Has $139.10 Million Stake in Rogers Corporation $ROG

Capital Research Global Investors boosted its stake in Rogers Corporation (NYSE:ROG) by 24.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,519,040 shares of the electronics maker’s stock after purchasing an additional 297,380 shares during the period. Capital Research Global Investors owned about 0.08% of Rogers worth $139,098,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vise Technologies Inc. acquired a new stake in Rogers in the fourth quarter valued at $204,000. Goldman Sachs Group Inc. increased its holdings in Rogers by 12.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 168,148 shares of the electronics maker’s stock valued at $15,397,000 after purchasing an additional 18,716 shares during the period. Norges Bank acquired a new stake in Rogers in the fourth quarter valued at $119,157,000. Intech Investment Management LLC increased its holdings in Rogers by 552.5% in the fourth quarter. Intech Investment Management LLC now owns 54,063 shares of the electronics maker’s stock valued at $4,951,000 after purchasing an additional 45,778 shares during the period. Finally, King Luther Capital Management Corp increased its holdings in Rogers by 45.2% in the fourth quarter. King Luther Capital Management Corp now owns 95,778 shares of the electronics maker’s stock valued at $8,770,000 after purchasing an additional 29,798 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on ROG shares. 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 research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $133.00.

Rogers Price Performance

NYSE ROG opened at $141.02 on Tuesday. The business has a 50 day simple moving average of $129.15 and a 200 day simple moving average of $108.73. Rogers Corporation has a one year low of $61.17 and a one year high of $155.66. The stock has a market capitalization of $2.52 billion, a P/E ratio of -46.85 and a beta of 0.52.

Rogers (NYSE:ROG) last released its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations 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 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the sale, the senior vice president 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. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.08% of the stock is owned by corporate insiders.

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.