Rogers (NYSE:ROG) Stock Rating Lowered by Zacks Research

Rogers (NYSE:ROG) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

ROG has been the topic of a number of other reports. B. Riley Financial raised their target price on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $200.00.

Rogers Trading Down 2.1%

NYSE ROG opened at $130.28 on Thursday. The stock has a market cap of $2.33 billion, a PE ratio of -43.28 and a beta of 0.48. Rogers has a 12 month low of $61.17 and a 12 month high of $169.00. The company’s 50-day moving average price is $144.91 and its 200-day moving average price is $122.47.

Rogers (NYSE:ROG) last announced its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.07. The company had revenue of $200.50 million during the quarter, compared to analyst estimates 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. As a group, sell-side analysts forecast that Rogers will post 3.71 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction 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 transaction, the senior vice president directly owned 5,515 shares in the company, valued at $749,543.65. The trade was a 13.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.08% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Rogers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ROG. Wealth Enhancement Advisory Services LLC grew its stake in shares of Rogers by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock worth $453,000 after acquiring an additional 130 shares during the last quarter. Signaturefd LLC raised its position 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 purchasing an additional 133 shares during the last quarter. The Manufacturers Life Insurance Company raised its position 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 purchasing an additional 143 shares during the last quarter. Parallel Advisors LLC boosted its stake in Rogers by 19.7% in the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after purchasing an additional 144 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Rogers by 0.6% in the 3rd quarter. Squarepoint Ops LLC now owns 29,294 shares of the electronics maker’s stock worth $2,357,000 after purchasing an additional 162 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Company Profile

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.