Gabelli Funds LLC Sells 4,702 Shares of Rogers Corporation $ROG

Gabelli Funds LLC lessened its stake in shares of Rogers Corporation (NYSE:ROG) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,298 shares of the electronics maker’s stock after selling 4,702 shares during the period. Gabelli Funds LLC’s holdings in Rogers were worth $6,712,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ROG. Capital Research Global Investors bought a new position in Rogers during the 3rd quarter worth $98,295,000. Atreides Management LP bought a new position in Rogers during the 2nd quarter worth $12,888,000. Ameriprise Financial Inc. increased its stake in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after acquiring an additional 165,174 shares during the period. Segall Bryant & Hamill LLC bought a new position in Rogers during the 3rd quarter worth $11,373,000. Finally, First Eagle Investment Management LLC bought a new position in Rogers during the 3rd quarter worth $5,616,000. Institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

ROG has been the topic of a number of recent research reports. B. Riley Financial restated a “buy” rating on shares of Rogers in a research note on Thursday, April 23rd. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $133.00.

Insiders Place Their Bets

In related news, SVP Michael Reed Webb sold 954 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $111.31, for a total transaction of $106,189.74. Following the sale, the senior vice president owned 7,769 shares in the company, valued at $864,767.39. The trade was a 10.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Brian Keith Larabee sold 830 shares of the business’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 sale, the senior vice president owned 5,515 shares in the company, valued at $749,543.65. This represents a 13.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.08% of the company’s stock.

Rogers Stock Performance

Shares of ROG opened at $132.85 on Thursday. Rogers Corporation has a 52-week low of $61.17 and a 52-week high of $144.46. The business’s fifty day moving average is $118.98 and its 200-day moving average is $103.22. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -44.14 and a beta of 0.51.

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, beating the consensus estimate of $0.68 by $0.07. The company had revenue of $200.50 million for the quarter, compared to analyst estimates of $200.50 million. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, research analysts forecast that Rogers Corporation will post 3.71 EPS for the current fiscal year.

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.