Polar Asset Management Partners Inc. Invests $3.70 Million in Rogers Corporation $ROG

Polar Asset Management Partners Inc. purchased a new stake in Rogers Corporation (NYSE:ROGFree Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 45,919 shares of the electronics maker’s stock, valued at approximately $3,695,000. Polar Asset Management Partners Inc. owned approximately 0.26% of Rogers as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Rogers by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 420,556 shares of the electronics maker’s stock valued at $28,803,000 after purchasing an additional 4,240 shares during the last quarter. Summit Global Investments purchased a new stake in Rogers in the second quarter valued at about $812,000. Capital Research Global Investors acquired a new stake in Rogers in the third quarter worth about $98,295,000. First Eagle Investment Management LLC purchased a new stake in shares of Rogers during the third quarter worth about $5,616,000. Finally, Bank of Montreal Can acquired a new position in shares of Rogers during the second quarter valued at about $327,000. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

ROG has been the subject of several research analyst reports. B. Riley Financial increased their price objective on shares of Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rogers has an average rating of “Hold” and an average price target of $109.00.

Read Our Latest Stock Analysis on ROG

Insider Buying and Selling

In related news, SVP Michael Reed Webb sold 954 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were 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 approximately $864,767.39. This trade represents a 10.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Rogers Stock Up 1.5%

Shares of ROG opened at $102.26 on Friday. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of -30.62 and a beta of 0.36. Rogers Corporation has a 52 week low of $51.43 and a 52 week high of $112.81. The stock’s 50-day moving average price is $103.24 and its 200-day moving average price is $91.37.

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. The company had revenue of $201.50 million during the quarter, compared to analysts’ expectations 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. As a group, equities analysts anticipate that Rogers Corporation will post 3.57 EPS for the current fiscal year.

Key Stories Impacting Rogers

Here are the key news stories impacting Rogers this week:

Rogers Company Profile

(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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Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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