212,302 Shares in Rocket Companies, Inc. $RKT Bought by Brasada Capital Management LP

Posted by George Bondi on Jun 14th, 2026

Brasada Capital Management LP purchased a new position in Rocket Companies, Inc. (NYSE:RKT – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 212,302 shares of the company’s stock, valued at approximately $4,206,000.

A number of other institutional investors also recently bought and sold shares of RKT. Acumen Wealth Advisors LLC bought a new stake in Rocket Companies in the fourth quarter worth $26,000. Pinnacle Bancorp Inc. lifted its position in Rocket Companies by 369.7% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,503 shares of the company’s stock worth $29,000 after buying an additional 1,183 shares during the last quarter. City State Bank bought a new stake in Rocket Companies in the fourth quarter worth $30,000. Smithfield Trust Co bought a new stake in Rocket Companies in the fourth quarter worth $32,000. Finally, Key Financial Inc bought a new stake in Rocket Companies in the fourth quarter worth $32,000. 4.59% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

RKT has been the topic of a number of recent analyst reports. Weiss Ratings upgraded Rocket Companies from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $20.00 target price on shares of Rocket Companies in a research note on Monday, May 11th. Zacks Research upgraded Rocket Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Stephens initiated coverage on Rocket Companies in a research note on Thursday, April 23rd. They issued an “overweight” rating and a $22.50 target price on the stock. Finally, Compass Point initiated coverage on Rocket Companies in a research note on Tuesday, March 10th. They issued a “buy” rating and a $21.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $20.93.

Read Our Latest Research Report on Rocket Companies

Rocket Companies Stock Performance

RKT stock opened at $13.06 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 fifty day simple moving average is $14.43 and its two-hundred day simple moving average is $17.10. Rocket Companies, Inc. has a twelve month low of $12.17 and a twelve month high of $24.36. The firm has a market cap of $36.96 billion, a price-to-earnings ratio of 261.26 and a beta of 2.19.

Rocket Companies (NYSE:RKT – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.76 billion. Rocket Companies had a return on equity of 4.30% and a net margin of 2.78%.The business’s revenue was up 167.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share. Analysts predict that Rocket Companies, Inc. will post 0.65 earnings per share for the current year.

Rocket Companies Company Profile

(Free Report)

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.