Wolf Hill Capital Management LP Buys 4,703,760 Shares of Rocket Companies, Inc. $RKT

Posted by Stanley Muller on Jun 15th, 2026

Wolf Hill Capital Management LP increased its stake in Rocket Companies, Inc. (NYSE:RKT – Free Report) by 186.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,221,758 shares of the company’s stock after buying an additional 4,703,760 shares during the period. Rocket Companies makes up approximately 15.4% of Wolf Hill Capital Management LP’s holdings, making the stock its biggest position. Wolf Hill Capital Management LP’s holdings in Rocket Companies were worth $139,813,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. ORG Partners LLC grew its holdings in shares of Rocket Companies by 22.3% in the 4th quarter. ORG Partners LLC now owns 2,857 shares of the company’s stock worth $55,000 after acquiring an additional 520 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of Rocket Companies by 0.5% in the 4th quarter. Manchester Capital Management LLC now owns 116,466 shares of the company’s stock worth $2,255,000 after acquiring an additional 618 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings 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 acquiring an additional 636 shares during the last quarter. Composition Wealth LLC grew its holdings 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 acquiring an additional 668 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings 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 acquiring an additional 677 shares during the last quarter. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Rocket Companies Stock Performance

Shares of RKT stock opened at $13.06 on Monday. Rocket Companies, Inc. has a 1-year low of $12.17 and a 1-year high of $24.36. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $36.96 billion, a price-to-earnings ratio of 261.26 and a beta of 2.19. The stock’s fifty day simple moving average is $14.43 and its 200-day simple moving average is $17.09.

Rocket Companies (NYSE:RKT – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the company posted $0.04 earnings per share. Rocket Companies’s revenue for the quarter was up 167.1% compared to the same quarter last year. On average, sell-side analysts predict that Rocket Companies, Inc. will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on RKT shares. Compass Point started coverage on Rocket Companies in a report on Tuesday, March 10th. They issued a “buy” rating and a $21.00 target price on the stock. Stephens began coverage on Rocket Companies in a report on Thursday, April 23rd. They set an “overweight” rating and a $22.50 price target on the stock. Citizens Jmp began coverage on Rocket Companies in a report on Wednesday, March 25th. They set a “market perform” rating on the stock. Keefe, Bruyette & Woods lowered their price target on Rocket Companies from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lowered their price target on Rocket Companies from $24.00 to $16.50 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.93.

Get Our Latest Report on RKT

About Rocket Companies

(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.