Cinctive Capital Management LP Invests $5.34 Million in Rogers Corporation $ROG

Cinctive Capital Management LP acquired a new stake in shares of Rogers Corporation (NYSE:ROG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,333 shares of the electronics maker’s stock, valued at approximately $5,337,000. Cinctive Capital Management LP owned about 0.37% of Rogers as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of ROG. Illinois Municipal Retirement Fund grew its stake in shares of Rogers by 1.9% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 8,728 shares of the electronics maker’s stock valued at $702,000 after purchasing an additional 161 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Rogers by 0.6% in 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 period. Central Pacific Bank Trust Division lifted its stake in shares of Rogers by 11.1% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,500 shares of the electronics maker’s stock worth $201,000 after purchasing an additional 250 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Rogers by 6.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,328 shares of the electronics maker’s stock worth $296,000 after buying an additional 264 shares during the last quarter. Finally, Gabelli Funds LLC boosted its holdings in shares of Rogers by 0.4% in the third quarter. Gabelli Funds LLC now owns 78,000 shares of the electronics maker’s stock worth $6,276,000 after buying an additional 300 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Insider Buying and Selling at Rogers

In related news, SVP Michael Reed Webb sold 1,197 shares of the company’s stock in a transaction on 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 transaction, the senior vice president owned 9,747 shares of the company’s stock, valued at approximately $1,035,618.75. This represents a 10.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ROG. Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. B. Riley Financial lifted their price target on shares of Rogers from $127.00 to $133.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Rogers in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Rogers currently has an average rating of “Hold” and a consensus target price of $109.00.

Rogers Trading Down 0.7%

Rogers stock opened at $102.37 on Monday. Rogers Corporation has a 12-month low of $51.43 and a 12-month high of $112.81. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -30.65 and a beta of 0.36. The firm has a 50 day moving average of $102.67 and a 200 day moving average of $90.91.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.29. The business had revenue of $201.50 million for the quarter, compared to the consensus estimate 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. On average, analysts predict that Rogers Corporation will post 3.57 EPS for the current year.

Rogers 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.