Rogers (NYSE:ROG) Sees Unusually-High Trading Volume – Here’s What Happened

Rogers Corporation (NYSE:ROG) shares saw unusually-strong trading volume on Tuesday . Approximately 177,721 shares changed hands during mid-day trading, a decline of 16% from the previous session’s volume of 211,982 shares.The stock last traded at $158.48 and had previously closed at $154.93.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ROG shares. Weiss Ratings raised Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. B. Riley Financial lifted their price objective on Rogers to $200.00 and gave the company a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $200.00.

Rogers Stock Up 0.6%

The company has a 50 day moving average of $133.09 and a 200 day moving average of $111.11. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of -51.80 and a beta of 0.52.

Rogers (NYSE:ROG) last announced its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, beating 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 company had revenue of $200.50 million for the quarter, compared to analyst estimates of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, equities research analysts expect that Rogers Corporation will post 3.71 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Brian Keith Larabee sold 830 shares of the business’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 value of $112,805.30. Following the completion of the sale, the senior vice president directly owned 5,515 shares in the company, valued at approximately $749,543.65. The trade was a 13.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.08% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Rogers

A number of institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Rogers by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock valued at $453,000 after acquiring an additional 130 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Rogers by 4.1% in the 4th quarter. Signaturefd LLC now owns 3,343 shares of the electronics maker’s stock valued at $306,000 after acquiring an additional 133 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Rogers by 1.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 7,541 shares of the electronics maker’s stock valued at $809,000 after acquiring an additional 143 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Rogers by 19.7% in the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock valued at $94,000 after acquiring an additional 144 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its holdings in shares of Rogers by 1.9% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 8,728 shares of the electronics maker’s stock valued at $702,000 after acquiring an additional 161 shares during the last quarter. 96.02% of the stock is currently owned by 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.