SG Americas Securities LLC Boosts Stock Position in Rogers Corporation $ROG

SG Americas Securities LLC raised its holdings in Rogers Corporation (NYSE:ROG) by 1,898.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,176 shares of the electronics maker’s stock after acquiring an additional 69,514 shares during the quarter. SG Americas Securities LLC’s holdings in Rogers were worth $6,701,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Virtus Advisers LLC purchased a new stake in shares of Rogers during the third quarter valued at $127,000. Quadrant Capital Group LLC purchased a new position in Rogers in the 3rd quarter worth about $130,000. PNC Financial Services Group Inc. lifted its holdings in 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 buying an additional 1,038 shares in the last quarter. Central Pacific Bank Trust Division lifted its holdings in Rogers by 11.1% during the 3rd quarter. Central Pacific Bank Trust Division now owns 2,500 shares of the electronics maker’s stock valued at $201,000 after buying an additional 250 shares in the last quarter. Finally, NJ State Employees Deferred Compensation Plan purchased a new stake in Rogers in the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Rogers Trading Up 1.2%

Shares of Rogers stock opened at $107.23 on Wednesday. The stock’s fifty day moving average price is $104.41 and its 200-day moving average price is $93.02. The firm has a market cap of $1.91 billion, a P/E ratio of -32.10 and a beta of 0.36. Rogers Corporation has a 12 month low of $51.43 and a 12 month high of $112.81.

Rogers (NYSE:ROG) last released its quarterly earnings data on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates 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 negative net margin of 7.62% and a positive return on equity of 3.56%. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. Analysts forecast that Rogers Corporation will post 3.57 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on ROG. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research note on Thursday, January 22nd. Zacks Research downgraded shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, B. Riley Financial boosted their price target on Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One 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. Based on data from MarketBeat.com, Rogers currently has an average rating of “Hold” and a consensus target price of $133.00.

Insider Buying and Selling at Rogers

In other news, 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 of the company’s stock, valued at approximately $864,767.39. This represents a 10.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.85% of the company’s stock.

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.