UBS Group AG Has $2.57 Million Holdings in Rogers Corporation $ROG

UBS Group AG lowered its stake in Rogers Corporation (NYSE:ROG) by 44.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,111 shares of the electronics maker’s stock after selling 22,063 shares during the quarter. UBS Group AG’s holdings in Rogers were worth $2,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Capital Research Global Investors acquired a new stake in shares of Rogers in the third quarter worth about $98,295,000. Ameriprise Financial Inc. lifted its position in shares of Rogers by 38.3% in the second quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after buying an additional 165,174 shares during the last quarter. Clearline Capital LP lifted its position in shares of Rogers by 15.7% in the third quarter. Clearline Capital LP now owns 346,205 shares of the electronics maker’s stock worth $27,856,000 after buying an additional 46,910 shares during the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Rogers by 0.9% in the third quarter. Gamco Investors INC. ET AL now owns 205,950 shares of the electronics maker’s stock worth $16,571,000 after buying an additional 1,927 shares during the last quarter. Finally, Atreides Management LP acquired a new stake in shares of Rogers in the second quarter worth about $12,888,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Activity

In related news, SVP Michael Reed Webb sold 954 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $111.31, for a total transaction of $106,189.74. Following the completion of the transaction, the senior vice president owned 7,769 shares of the company’s stock, valued at approximately $864,767.39. The trade was a 10.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total value of $112,805.30. Following the transaction, the senior vice president directly owned 5,515 shares of the company’s stock, valued at $749,543.65. This represents a 13.08% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.08% of the stock is currently owned by insiders.

Rogers Stock Performance

NYSE ROG opened at $144.18 on Wednesday. Rogers Corporation has a twelve month low of $61.17 and a twelve month high of $145.67. The stock has a market capitalization of $2.57 billion, a PE ratio of -47.90 and a beta of 0.51. The stock has a 50-day simple moving average of $121.59 and a 200 day simple moving average of $104.69.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share for the quarter, topping 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 business had revenue of $200.50 million during 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 forecast that Rogers Corporation will post 3.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Rogers 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.