Leeward Investments LLC MA Sells 3,750 Shares of Rogers Corporation $ROG

Leeward Investments LLC MA cut its position in shares of Rogers Corporation (NYSE:ROG) by 2.7% during the 1st quarter, Holdings Channel reports. The firm owned 137,559 shares of the electronics maker’s stock after selling 3,750 shares during the quarter. Leeward Investments LLC MA’s holdings in Rogers were worth $14,764,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of 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 buying an additional 580 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Rogers by 121.3% in the first quarter. AQR Capital Management LLC now owns 8,376 shares of the electronics maker’s stock valued at $566,000 after acquiring an additional 4,591 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Rogers by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,221 shares of the electronics maker’s stock valued at $758,000 after acquiring an additional 536 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Rogers by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 51,135 shares of the electronics maker’s stock valued at $3,453,000 after acquiring an additional 2,405 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in Rogers during the first quarter worth $4,345,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Down 4.6%

ROG opened at $158.90 on Wednesday. Rogers Corporation has a twelve month low of $61.17 and a twelve month high of $169.00. The company’s 50-day moving average price is $139.15 and its two-hundred day moving average price is $114.36. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of -52.79 and a beta of 0.52.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate 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 anticipate that Rogers Corporation will post 3.71 earnings per share for the current year.

Analyst Ratings Changes

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

Insider Transactions at Rogers

In other Rogers news, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction 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 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 filing with the SEC, which is available through this link. 1.08% of the stock is owned by corporate insiders.

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.