Bridge City Capital LLC Trims Stake in Rogers Corporation $ROG

Bridge City Capital LLC lowered its stake in Rogers Corporation (NYSE:ROG) by 14.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,557 shares of the electronics maker’s stock after selling 4,068 shares during the quarter. Bridge City Capital LLC owned approximately 0.14% of Rogers worth $2,249,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of Rogers during the 4th quarter worth $119,157,000. Capital Research Global Investors purchased a new position in shares of Rogers during the 3rd quarter worth $98,295,000. Atreides Management LP purchased a new position in shares of Rogers during the 2nd quarter worth $12,888,000. Ameriprise Financial Inc. lifted its stake in shares of 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 purchasing an additional 165,174 shares during the period. Finally, Segall Bryant & Hamill LLC purchased a new position in shares of Rogers during the 3rd quarter worth $11,373,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Rogers Trading Up 3.9%

Shares of NYSE ROG opened at $151.71 on Friday. Rogers Corporation has a 12-month low of $61.17 and a 12-month high of $155.66. The company has a market cap of $2.71 billion, a P/E ratio of -50.40 and a beta of 0.52. The stock has a fifty day moving average price of $132.10 and a 200 day moving average price of $110.38.

Rogers (NYSE:ROG) last announced 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. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.The firm had revenue of $200.50 million during the quarter, compared to the consensus estimate of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, sell-side analysts forecast that Rogers Corporation will post 3.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Weiss Ratings raised Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. B. Riley Financial restated a “buy” rating on shares of Rogers in a report on Thursday, April 23rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $133.00.

Insider Transactions at Rogers

In related news, SVP Brian Keith Larabee sold 830 shares of the 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 completion of the sale, the senior vice president directly owned 5,515 shares in the company, valued at approximately $749,543.65. This represents a 13.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.08% 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.