275,898 Shares in Rocket Companies, Inc. $RKT Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC purchased a new position in shares of Rocket Companies, Inc. (NYSE:RKT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 275,898 shares of the company’s stock, valued at approximately $5,341,000.

Several other large investors also recently added to or reduced their stakes in the stock. ORG Partners LLC boosted its position in Rocket Companies by 22.3% in the 4th quarter. ORG Partners LLC now owns 2,857 shares of the company’s stock valued at $55,000 after buying an additional 520 shares during the period. Manchester Capital Management LLC boosted its position in Rocket Companies by 0.5% in the 4th quarter. Manchester Capital Management LLC now owns 116,466 shares of the company’s stock valued at $2,255,000 after buying an additional 618 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Rocket Companies by 3.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 18,817 shares of the company’s stock worth $365,000 after purchasing an additional 636 shares during the period. Composition Wealth LLC lifted its position in shares of Rocket Companies by 2.7% in the 4th quarter. Composition Wealth LLC now owns 25,323 shares of the company’s stock worth $490,000 after purchasing an additional 668 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of Rocket Companies by 26.1% in the 3rd quarter. Parallel Advisors LLC now owns 3,267 shares of the company’s stock worth $63,000 after purchasing an additional 677 shares during the period. 4.59% of the stock is owned by hedge funds and other institutional investors.

Rocket Companies Trading Down 4.3%

NYSE RKT opened at $12.61 on Thursday. The company has a quick ratio of 4.37, a current ratio of 4.37 and a debt-to-equity ratio of 1.13. The firm has a market cap of $35.68 billion, a PE ratio of 252.22 and a beta of 2.19. The company has a 50 day moving average price of $14.48 and a 200 day moving average price of $17.15. Rocket Companies, Inc. has a 52 week low of $12.17 and a 52 week high of $24.36.

Rocket Companies (NYSE:RKT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.12 by $0.03. Rocket Companies had a net margin of 2.78% and a return on equity of 4.30%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the business posted $0.04 EPS. Rocket Companies’s revenue was up 167.1% on a year-over-year basis. As a group, sell-side analysts forecast that Rocket Companies, Inc. will post 0.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays raised shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $22.00 to $19.00 in a research report on Monday, April 6th. JPMorgan Chase & Co. lowered their price target on shares of Rocket Companies from $24.00 to $16.50 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Weiss Ratings upgraded shares of Rocket Companies from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Wells Fargo & Company reduced their price objective on shares of Rocket Companies from $19.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Rocket Companies from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.93.

More Rocket Companies News

Here are the key news stories impacting Rocket Companies this week:

• Positive Sentiment: Shareholders approved Rocket Companies’ directors and equity compensation plan at the 2026 Annual Meeting, removing a potential governance overhang and signaling continued stockholder support. Rocket Companies Shareholders Back Directors and Equity Plan
• Neutral Sentiment: Redfin, which is powered by Rocket, reported that housing conditions are increasingly favoring buyers in several markets, highlighting continued softness and affordability pressure in the broader mortgage and homebuying environment. Nashville, Miami and Austin—Once Pandemic Homebuying Hotspots—Are This Spring’s Strongest Buyer’s Markets
• Negative Sentiment: Rocket Companies announced and then upsized a private offering of senior notes due 2031 and 2034 from $1.2 billion to $1.5 billion, increasing debt obligations and potentially weighing on earnings quality and investor sentiment. Rocket Companies Announces Upsizing and Pricing of Senior Notes due 2031 and Senior Notes due 2034
• Negative Sentiment: The company also disclosed an earlier proposed $1.2 billion senior notes offering, reinforcing concerns that Rocket is leaning more heavily on debt financing in a still-challenging housing market. Rocket Companies Announces Offering of Senior Notes due 2031 and Senior Notes due 2034

Rocket Companies Company Profile

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company’s core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.