Rogers Corporation $ROG Shares Sold by Bridge City Capital LLC

Bridge City Capital LLC decreased its stake in shares of Rogers Corporation (NYSE:ROG) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,557 shares of the electronics maker’s stock after selling 4,068 shares during the period. Bridge City Capital LLC’s holdings in Rogers were worth $2,249,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of ROG. Norges Bank bought a new position in shares of Rogers during the fourth quarter worth about $119,157,000. Capital Research Global Investors bought a new position in shares of Rogers during the third quarter worth about $98,295,000. Atreides Management LP bought a new position in shares of Rogers during the second quarter worth about $12,888,000. Ameriprise Financial Inc. lifted its position in shares of Rogers by 38.3% during the second quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after purchasing an additional 165,174 shares during the last quarter. Finally, Segall Bryant & Hamill LLC bought a new position in shares of Rogers during the third quarter worth about $11,373,000. Institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

ROG has been the topic of several research analyst reports. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. B. Riley Financial reissued a “buy” rating on shares of Rogers in a report on Thursday, April 23rd. One analyst has 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 MarketBeat.com, Rogers currently has an average rating of “Hold” and an average target price of $133.00.

Rogers Stock Up 3.9%

Shares of NYSE ROG opened at $151.71 on Friday. The firm’s 50-day moving average price is $132.10 and its two-hundred day moving average price is $110.38. Rogers Corporation has a 52-week low of $61.17 and a 52-week high of $155.66. The stock has a market capitalization of $2.71 billion, a P/E ratio of -50.40 and a beta of 0.52.

Rogers (NYSE:ROG) last issued its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.07. Rogers had a negative net margin of 6.81% and a positive return on equity of 4.31%. The firm had revenue of $200.50 million for the quarter, compared to analysts’ expectations of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. As a group, equities research analysts expect that Rogers Corporation will post 3.71 earnings per share for the current year.

Insider Buying and Selling at Rogers

In other news, SVP Brian Keith Larabee sold 830 shares of Rogers stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the sale, the senior vice president owned 5,515 shares of the company’s stock, valued at approximately $749,543.65. The trade was a 13.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.08% 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.