Delta Global Management LP Boosts Stock Position in Rocket Companies, Inc. $RKT

Posted by George Bondi on Jul 26th, 2026

Delta Global Management LP boosted its stake in shares of Rocket Companies, Inc. (NYSE:RKT – Free Report) by 21.4% in the first quarter, Holdings Channel reports. The fund owned 981,153 shares of the company’s stock after purchasing an additional 173,069 shares during the period. Delta Global Management LP’s holdings in Rocket Companies were worth $13,981,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Rocket Companies by 280.3% in the fourth quarter. Vanguard Group Inc. now owns 87,256,540 shares of the company’s stock valued at $1,689,287,000 after purchasing an additional 64,311,040 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Rocket Companies by 11,636.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,189,869 shares of the company’s stock worth $507,037,000 after purchasing an additional 25,966,725 shares during the period. Morgan Stanley lifted its holdings in shares of Rocket Companies by 461.2% during the fourth quarter. Morgan Stanley now owns 27,009,279 shares of the company’s stock worth $522,900,000 after purchasing an additional 22,196,782 shares during the period. State Street Corp lifted its holdings in shares of Rocket Companies by 323.9% during the fourth quarter. State Street Corp now owns 20,688,336 shares of the company’s stock worth $400,526,000 after purchasing an additional 15,807,776 shares during the period. Finally, ValueAct Holdings L.P. grew its position in Rocket Companies by 55.1% in the 4th quarter. ValueAct Holdings L.P. now owns 39,380,652 shares of the company’s stock valued at $762,409,000 after buying an additional 13,985,025 shares during the last quarter. 4.59% of the stock is currently owned by hedge funds and other institutional investors.

Rocket Companies Stock Up 2.4%

Rocket Companies stock opened at $13.09 on Friday. The stock’s 50 day moving average price is $14.04 and its 200 day moving average price is $16.08. Rocket Companies, Inc. has a 1-year low of $12.17 and a 1-year high of $24.36. The company has a market cap of $37.02 billion, a PE ratio of 261.70 and a beta of 2.16. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.37 and a quick ratio of 4.37.

Rocket Companies (NYSE:RKT – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.15 earnings per share (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 firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the prior year, the business posted $0.04 earnings per share. Rocket Companies’s revenue was up 167.1% compared to the same quarter last year. On average, sell-side analysts predict that Rocket Companies, Inc. will post 0.58 EPS for the current fiscal year.

Key Headlines 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

Analyst Ratings Changes

Several brokerages have issued reports on RKT. Wells Fargo & Company dropped their price objective on shares of Rocket Companies from $19.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. reduced their target price on shares of Rocket Companies from $16.00 to $15.50 and set a “neutral” rating for the company in a research note on Monday, July 13th. Barclays lowered their target price on shares of Rocket Companies from $19.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $20.00 price target on shares of Rocket Companies in a research note on Monday, May 11th. Finally, Morgan Stanley raised shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $18.00 to $19.00 in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $20.73.

Read Our Latest Stock Report on RKT

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.