Castle Hook Partners LP Invests $1.59 Million in Rocket Companies, Inc. $RKT

Posted by on Jun 18th, 2026

Castle Hook Partners LP purchased a new position in Rocket Companies, Inc. (NYSE:RKT – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 82,080 shares of the company’s stock, valued at approximately $1,589,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Rocket Companies by 29.5% in the third quarter. Vanguard Group Inc. now owns 22,945,500 shares of the company’s stock worth $444,684,000 after acquiring an additional 5,226,931 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Rocket Companies in the fourth quarter worth approximately $40,455,000. Baker Chad R purchased a new position in Rocket Companies during the fourth quarter worth approximately $1,926,000. Hudson Bay Capital Management LP purchased a new position in Rocket Companies during the third quarter worth approximately $13,728,000. Finally, Prescott Group Capital Management L.L.C. purchased a new position in Rocket Companies during the fourth quarter worth approximately $4,259,000. 4.59% of the stock is owned by institutional investors and hedge funds.

Rocket Companies Stock Performance

Shares of Rocket Companies stock opened at $13.17 on Thursday. Rocket Companies, Inc. has a one year low of $12.17 and a one year high of $24.36. The company has a market cap of $37.27 billion, a price-to-earnings ratio of 263.48 and a beta of 2.19. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.37 and a current ratio of 4.37. The business’s 50 day moving average price is $14.36 and its 200 day moving average price is $16.96.

Rocket Companies (NYSE:RKT – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.15 EPS 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 company 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 business earned $0.04 earnings per share. The company’s revenue for the quarter was up 167.1% on a year-over-year basis. On average, research analysts predict that Rocket Companies, Inc. will post 0.65 EPS for the current year.

Wall Street Analyst Weigh In

RKT has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $20.00 price objective on shares of Rocket Companies in a research report on Monday, May 11th. Zacks Research upgraded Rocket Companies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Keefe, Bruyette & Woods reduced their price objective on Rocket Companies from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 12th. Compass Point initiated coverage on Rocket Companies in a research report on Tuesday, March 10th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, BTIG Research reiterated a “neutral” rating on shares of Rocket Companies in a research report on Tuesday. Eight investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $20.93.

Check Out Our Latest Stock Report on Rocket Companies

Rocket Companies 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.

Featured Stories

Want to see what other hedge funds are holding RKT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rocket Companies, Inc. (NYSE:RKT – Free Report).

Institutional Ownership by Quarter for Rocket Companies (NYSE:RKT)

Receive News & Ratings for Rocket Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocket Companies and related companies with MarketBeat.com's FREE daily email newsletter.