Brian Keith Larabee Sells 830 Shares of Rogers (NYSE:ROG) Stock

Rogers Corporation (NYSE:ROGGet Free Report) SVP Brian Keith Larabee sold 830 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $135.91, for a total value of $112,805.30. Following the transaction, 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. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Rogers Stock Performance

Shares of NYSE ROG opened at $134.38 on Friday. The stock has a 50 day moving average price of $111.81 and a 200 day moving average price of $98.71. Rogers Corporation has a 52 week low of $61.17 and a 52 week high of $137.94. The stock has a market capitalization of $2.40 billion, a PE ratio of -44.65 and a beta of 0.51.

Rogers (NYSE:ROGGet Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, research analysts forecast that Rogers Corporation will post 3.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ROG shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research report on Tuesday, April 21st. B. Riley Financial reaffirmed a “buy” rating on shares of Rogers in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Rogers has an average rating of “Hold” and a consensus price target of $133.00.

Read Our Latest Stock Analysis on ROG

Rogers News Roundup

Here are the key news stories impacting Rogers this week:

Institutional Trading of Rogers

Several hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Rogers by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,704 shares of the electronics maker’s stock worth $453,000 after purchasing an additional 130 shares during the last quarter. Signaturefd LLC lifted its holdings in Rogers by 4.1% during the 4th quarter. Signaturefd LLC now owns 3,343 shares of the electronics maker’s stock worth $306,000 after purchasing an additional 133 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in Rogers by 1.9% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 8,728 shares of the electronics maker’s stock worth $702,000 after purchasing an additional 161 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in Rogers by 0.6% during 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 during the last quarter. Finally, Cerity Partners LLC lifted its holdings in Rogers by 6.1% during the 4th quarter. Cerity Partners LLC now owns 2,870 shares of the electronics maker’s stock worth $263,000 after purchasing an additional 166 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

About Rogers

(Get Free Report)

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.

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