Rogers Corporation (NYSE:ROG) Short Interest Down 18.4% in February

Rogers Corporation (NYSE:ROG) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 502,920 shares, a decline of 18.4% from the January 29th total of 615,959 shares. Based on an average daily trading volume, of 152,567 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.8% of the shares of the stock are sold short. Currently, 2.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 152,567 shares, the days-to-cover ratio is presently 3.3 days.

Rogers Price Performance

Shares of Rogers stock traded down $1.16 on Tuesday, hitting $110.75. 145,211 shares of the company’s stock traded hands, compared to its average volume of 171,747. Rogers has a one year low of $51.43 and a one year high of $112.81. The stock has a market capitalization of $1.97 billion, a PE ratio of -33.16 and a beta of 0.36. The firm’s 50-day moving average price is $100.69 and its two-hundred day moving average price is $89.32.

Rogers (NYSE:ROG) last posted its earnings results on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.29. The company had revenue of $201.50 million during the quarter, compared to analyst estimates of $196.50 million. Rogers had a positive return on equity of 3.56% and a negative net margin of 7.62%.Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. On average, analysts forecast that Rogers will post 3.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Zacks Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research report on Thursday, January 22nd. Finally, B. Riley Financial increased their price objective on Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $109.00.

Insider Transactions at Rogers

In other Rogers news, SVP Michael Reed Webb sold 1,197 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $106.25, for a total value of $127,181.25. Following the completion of the sale, the senior vice president owned 9,747 shares in the company, valued at approximately $1,035,618.75. This trade represents a 10.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rogers

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kemnay Advisory Services Inc. acquired a new stake in Rogers during the 4th quarter worth $42,000. Global Retirement Partners LLC grew its stake in Rogers by 6,576.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock valued at $104,000 after acquiring an additional 1,118 shares during the period. Virtus Advisers LLC bought a new stake in shares of Rogers in the third quarter worth about $127,000. Quadrant Capital Group LLC acquired a new stake in shares of Rogers during the third quarter worth about $130,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Rogers by 119.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,905 shares of the electronics maker’s stock valued at $153,000 after purchasing an additional 1,038 shares in the last quarter. 96.02% of the stock is 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.