Rogers Corporation (NYSE:ROG) Short Interest Update

Rogers Corporation (NYSE:ROGGet Free Report) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 353,141 shares, a decrease of 20.0% from the March 31st total of 441,334 shares. Based on an average daily volume of 169,375 shares, the short-interest ratio is presently 2.1 days. Currently, 2.0% of the shares of the stock are sold short.

Rogers News Roundup

Here are the key news stories impacting Rogers this week:

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ROG shares. B. Riley Financial reiterated a “buy” rating on shares of Rogers in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $133.00.

View Our Latest Analysis on Rogers

Rogers Trading Down 1.0%

NYSE ROG traded down $1.37 during trading hours on Friday, reaching $134.38. 203,734 shares of the company’s stock were exchanged, compared to its average volume of 237,116. The stock has a market cap of $2.40 billion, a PE ratio of -44.65 and a beta of 0.51. Rogers has a one year low of $61.17 and a one year high of $137.94. The firm has a fifty day moving average of $111.81 and a 200-day moving average of $98.61.

Rogers (NYSE:ROGGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.07. The business had revenue of $200.50 million for the quarter, compared to analyst estimates of $200.50 million. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, research analysts forecast that Rogers will post 3.71 EPS for the current year.

Insider Activity at Rogers

In other news, SVP Brian Keith Larabee sold 830 shares of the company’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 sale, the senior vice president directly owned 5,515 shares in the company, valued at approximately $749,543.65. This represents a 13.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Michael Reed Webb sold 954 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $111.31, for a total value of $106,189.74. Following the completion of the sale, the senior vice president owned 7,769 shares in the company, valued at approximately $864,767.39. This represents a 10.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,981 shares of company stock worth $346,176. Corporate insiders own 1.08% of the company’s stock.

Institutional Investors Weigh In On Rogers

A number of large investors have recently bought and sold shares of ROG. Royal Bank of Canada grew its position in Rogers by 15.7% during the 1st quarter. Royal Bank of Canada now owns 4,276 shares of the electronics maker’s stock worth $288,000 after acquiring an additional 580 shares during the last quarter. AQR Capital Management LLC grew its position in Rogers by 121.3% during the 1st quarter. AQR Capital Management LLC now owns 8,376 shares of the electronics maker’s stock worth $566,000 after acquiring an additional 4,591 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Rogers by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,221 shares of the electronics maker’s stock worth $758,000 after acquiring an additional 536 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Rogers by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,135 shares of the electronics maker’s stock worth $3,453,000 after buying an additional 2,405 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Rogers during the 1st quarter worth $4,345,000. 96.02% of the stock is currently owned by institutional investors.

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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