What Might Be Behind One Fund's New $40 Million Bet on Rogers Corporation Stock?

5 hours ago 3

Jonathan Ponciano, The Motley Fool

Sat, February 14, 2026 astatine 1:28 PM CST 3 min read

On February 13, 2026, ACK Asset Management LLC disclosed a caller presumption successful Rogers (NYSE:ROG), acquiring 436,707 shares successful an estimated $39.99 cardinal trade.

According to an SEC filing dated February 13, 2026, ACK Asset Management LLC initiated a caller presumption successful Rogers (NYSE:ROG), acquiring 436,707 shares. The estimated transaction worth was $39.99 million.

This was a caller position, representing 5.0% of the fund's 13F assets nether absorption arsenic of December 31, 2025.
Top 5 holdings aft the filing:
- NYSE: MTRN: $59.03 cardinal (7.5% of AUM)
- NYSE: GVA: $57.67 cardinal (7.3% of AUM)
- NYSE: WMS: $56.48 cardinal (7.1% of AUM)
- NYSE: ATS: $50.84 cardinal (6.4% of AUM)
- NYSE: CNM: $46.77 cardinal (5.9% of AUM)
As of February 12, 2026, Rogers shares were priced astatine $108.98, up 25.0% implicit the past twelvemonth and outperforming the S&P 500 by 12.1 percent points.

Metric

Value

Price (as of marketplace adjacent February 12, 2026)	$108.98
Market capitalization	$1.92 billion
Revenue (TTM)	$801.5 million
Net income (TTM)	($66.9 million)

Rogers provides engineered materials and components, including circuit materials, ceramic substrates, busbars, cooling solutions, polyurethane and silicone materials, and elastomer components.
It generates gross by designing, manufacturing, and selling precocious materials for usage successful electrical vehicles, wireless infrastructure, automotive, aerospace, defense, cleanable energy, and concern applications.
Primary customers see manufacturers successful the EV/HEV, wireless, automotive, aerospace, defense, industrial, and wide transit sectors worldwide.

Rogers is simply a planetary supplier of high-performance engineered materials, serving divers markets with a absorption connected precocious electronics and elastomeric solutions.

Engineered materials suppliers bash not ever flash header growth, but they thin to amusement up erstwhile extremity markets softly turn.

Rogers delivered $216.0 cardinal successful 3rd 4th sales, up 6.5% sequentially, with gross borderline expanding to 33.5%. Adjusted net per stock jumped to $0.90 from $0.34 successful the anterior quarter, portion adjusted EBITDA improved to $37.2 million. Free currency travel reached $21.2 million, and currency connected manus roseate to $167.8 cardinal adjacent aft $10 cardinal successful stock repurchases.

The Advanced Electronics Solutions conception benefited from stronger EV, wireless infrastructure, and concern demand, portion Elastomeric Material Solutions saw gains successful aerospace, defense, and portable electronics. Management expects 4th fourth income betwixt $190 cardinal and $205 million, with emblematic seasonality tempering sequential growth.

At 5% of assets, this is simply a sizable allocation wrong a portfolio already concentrated successful concern and infrastructure names similar Materion, Granite Construction and Advanced Drainage Systems. Shares are up 25% implicit the past year, yet inactive commercialized beneath highest margins seen successful stronger cycles.

For semipermanent investors, the stake hinges connected borderline durability and vulnerability to EV and aerospace recovery. If outgo initiatives instrumentality and request normalizes, operating leverage could astonishment to the upside

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