Rocket Companies, Inc. $RKT Shares Bought by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. grew its holdings in Rocket Companies, Inc. (NYSE:RKT) by 19.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,808 shares of the company’s stock after purchasing an additional 45,806 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Rocket Companies were worth $3,874,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in shares of Rocket Companies in the fourth quarter valued at approximately $26,000. Acumen Wealth Advisors LLC acquired a new position in Rocket Companies in the 4th quarter valued at about $26,000. Pinnacle Bancorp Inc. grew its stake in shares of Rocket Companies by 369.7% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,503 shares of the company’s stock valued at $29,000 after buying an additional 1,183 shares during the period. City State Bank acquired a new stake in shares of Rocket Companies during the 4th quarter worth approximately $30,000. Finally, Smithfield Trust Co purchased a new stake in shares of Rocket Companies during the 4th quarter valued at approximately $32,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Rocket Companies Stock Up 2.4%

Shares of NYSE RKT opened at $13.09 on Friday. 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 business’s 50 day moving average is $14.04 and its two-hundred day moving average is $16.08. Rocket Companies, Inc. has a 52-week low of $12.17 and a 52-week high of $24.36. The firm has a market cap of $37.02 billion, a price-to-earnings ratio of 261.70 and a beta of 2.16.

Rocket Companies (NYSE:RKT) last released its quarterly earnings results 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 return on equity of 4.30% and a net margin of 2.78%.The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the business posted $0.04 earnings per share. The company’s quarterly revenue was up 167.1% on a year-over-year basis. Research analysts predict that Rocket Companies, Inc. will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RKT. Stephens began coverage on Rocket Companies in a research report on Thursday, April 23rd. They issued an “overweight” rating and a $22.50 price objective for the company. Keefe, Bruyette & Woods decreased their price target on Rocket Companies from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Thursday, June 25th. Weiss Ratings upgraded Rocket Companies from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Wells Fargo & Company cut their price objective on Rocket Companies from $19.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Rocket Companies from $16.00 to $15.50 and set a “neutral” rating on the stock in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.73.

Key Stories Impacting Rocket Companies

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

• Positive Sentiment: Rocket Companies said it will report second-quarter 2026 results on August 6 and hold a conference call afterward, keeping the focus on a near-term catalyst that could move the shares. Rocket Companies to Announce Second Quarter 2026 Results on August 6, 2026
• Positive Sentiment: Analysts expect earnings to grow versus last year, which supports optimism that the company may show continued improvement in profitability and revenue trends. Rocket Companies (RKT) Earnings Expected to Grow: What to Know Ahead of Q2 Release
• Neutral Sentiment: Redfin, which is powered by Rocket, reported that U.S. pending home sales fell to a three-month low, a reminder that the housing market remains uneven and could affect mortgage demand. Redfin Reports Pending Home Sales Fall to 3-Month Low
• Neutral Sentiment: Another Redfin update noted San Francisco home prices have rebounded sharply from the housing crash bottom, highlighting strength in some regional housing markets but not necessarily a broad immediate boost for Rocket. From Bust to Boom: San Francisco Home Prices Are Now $1 Million Higher Than Housing-Crash Bottom
• Negative Sentiment: Zacks said Rocket may not have the right setup for an earnings beat, which could temper enthusiasm ahead of the report if expectations are too high. Rocket Companies (RKT) Earnings Expected to Grow: What to Know Ahead of Q2 Release

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.