Rogers (NYSE:ROG) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Rogers Corporation (NYSE:ROG)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $78.77 and traded as high as $94.37. Rogers shares last traded at $94.3380, with a volume of 84,168 shares changing hands.

Wall Street Analyst Weigh In

ROG has been the topic of a number of recent analyst reports. B. Riley reissued a “buy” rating on shares of Rogers in a research note on Thursday, October 30th. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Wall Street Zen raised Rogers from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rogers presently has an average rating of “Moderate Buy” and an average price target of $85.00.

Rogers Trading Up 0.3%

The company has a market capitalization of $1.70 billion, a P/E ratio of -25.99 and a beta of 0.42. The stock has a 50 day moving average price of $86.06 and a 200 day moving average price of $78.77.

Rogers (NYSE:ROG) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.20. The business had revenue of $216.00 million during the quarter, compared to analysts’ expectations of $207.53 million. Rogers had a positive return on equity of 2.92% and a negative net margin of 8.35%.Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. On average, research analysts predict that Rogers Corporation will post 3.57 EPS for the current year.

Insider Transactions at Rogers

In related news, SVP Brian Keith Larabee sold 775 shares of Rogers stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $85.87, for a total transaction of $66,549.25. Following the sale, the senior vice president directly owned 4,462 shares in the company, valued at $383,151.94. This trade represents a 14.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.35% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rogers

Several large investors have recently modified their holdings of ROG. MassMutual Private Wealth & Trust FSB increased its holdings in Rogers by 81.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 199 shares during the period. Parallel Advisors LLC grew its position in shares of Rogers by 106.9% in the 2nd quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock valued at $51,000 after buying an additional 385 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Rogers by 171.2% in the second quarter. GAMMA Investing LLC now owns 1,006 shares of the electronics maker’s stock valued at $69,000 after buying an additional 635 shares during the period. Virtus Advisers LLC acquired a new stake in shares of Rogers in the third quarter valued at about $127,000. Finally, Quadrant Capital Group LLC bought a new position in shares of Rogers during the third quarter worth about $130,000. Institutional investors own 96.02% of the company’s stock.

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.