Rogers (NYSE:ROG) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Rogers Corporation (NYSE:ROGGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $92.50 and traded as high as $110.00. Rogers shares last traded at $109.48, with a volume of 162,133 shares changing hands.

Key Stories Impacting Rogers

Here are the key news stories impacting Rogers this week:

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Analysis on ROG

Rogers Stock Up 0.2%

The stock has a market cap of $1.95 billion, a PE ratio of -32.78 and a beta of 0.36. The business has a 50 day moving average price of $104.13 and a 200 day moving average price of $92.50.

Rogers (NYSE:ROGGet Free Report) last announced 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. Rogers had a positive return on equity of 3.56% and a negative net margin of 7.62%.The company had revenue of $201.50 million during the quarter, compared to analysts’ expectations of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. On average, research analysts predict that Rogers Corporation will post 3.57 earnings per share for the current fiscal year.

Insider Buying and Selling at Rogers

In other Rogers news, SVP Michael Reed Webb sold 1,197 shares of the company’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 transaction, the senior vice president owned 9,747 shares in the company, valued at approximately $1,035,618.75. This represents a 10.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On Rogers

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in Rogers by 1.0% during the second quarter. Geode Capital Management LLC now owns 420,556 shares of the electronics maker’s stock worth $28,803,000 after acquiring an additional 4,240 shares during the period. Capital Research Global Investors purchased a new position in Rogers during the third quarter valued at $98,295,000. First Eagle Investment Management LLC acquired a new stake in shares of Rogers in the third quarter valued at about $5,616,000. Segall Bryant & Hamill LLC acquired a new stake in shares of Rogers in the third quarter valued at about $11,373,000. Finally, Norges Bank purchased a new stake in shares of Rogers during the second quarter worth about $89,111,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Rogers Company Profile

(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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