Envestnet Asset Management Inc. Raises Holdings in Rocket Companies, Inc. $RKT

Envestnet Asset Management Inc. boosted its stake in Rocket Companies, Inc. (NYSE:RKT) by 53.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 208,129 shares of the company’s stock after buying an additional 72,595 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Rocket Companies were worth $4,034,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in shares of Rocket Companies by 18.4% in the second quarter. PNC Financial Services Group Inc. now owns 3,890 shares of the company’s stock valued at $55,000 after acquiring an additional 605 shares in the last quarter. Miller Wealth Advisors LLC raised its stake in Rocket Companies by 65.0% in the 3rd quarter. Miller Wealth Advisors LLC now owns 1,650 shares of the company’s stock valued at $32,000 after purchasing an additional 650 shares during the last quarter. Amundi lifted its holdings in Rocket Companies by 2.3% in the 2nd quarter. Amundi now owns 34,170 shares of the company’s stock valued at $498,000 after purchasing an additional 754 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Rocket Companies by 23.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,339 shares of the company’s stock worth $62,000 after purchasing an additional 816 shares during the last quarter. Finally, Cranbrook Wealth Management LLC grew its holdings in shares of Rocket Companies by 11.6% during the third quarter. Cranbrook Wealth Management LLC now owns 9,644 shares of the company’s stock worth $187,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 4.59% of the company’s stock.

Insider Buying and Selling at Rocket Companies

In other news, Director Matthew Rizik sold 2,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $21.26, for a total transaction of $53,150.00. Following the completion of the sale, the director owned 1,046,036 shares in the company, valued at approximately $22,238,725.36. The trade was a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders sold 32,500 shares of company stock valued at $645,775. Insiders own 92.64% of the company’s stock.

Key Headlines Impacting Rocket Companies

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

• Positive Sentiment: Analysts flag RKT’s attractive valuation (about 4.28x trailing book) and argue that expected synergies from Redfin and Mr. Cooper, plus a potential mortgage rebound in 2026, could materially boost returns — a constructive near-to-medium-term thesis for buy-side investors. Should You Buy RKT Stock at 4.28X Book Before Deal Synergies Hit?
• Neutral Sentiment: Pre-earnings coverage compiles Wall Street estimates for RKT’s Q4 (Dec‑quarter) revenue, EPS and key operating metrics — this sets expectations that the stock can move sharply on beats/misses and guides. Investors are positioned for the report and related guidance on origination volumes, margins, and servicing performance. Ahead of Rocket Companies (RKT) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: General investor-education piece places stocks in the $10–$50 range (including mid-sized companies) and discusses risk/reward profiles; not company-specific news but may influence retail interest in RKT. 1 Stock Under $50 with Solid Fundamentals and 2 Facing Challenges
• Negative Sentiment: Redfin (powered by Rocket technology) reports there were ~44% more home sellers than buyers in January — a near‑record imbalance that implies weaker demand, potential downward pressure on home prices, and lower mortgage origination volume if the trend persists. That housing-market softness is a direct headwind for Rocket’s origination and servicing revenue. It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap

Analysts Set New Price Targets

Several brokerages recently issued reports on RKT. Barclays set a $22.00 price objective on shares of Rocket Companies and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group reissued a “neutral” rating and set a $22.00 price target (up previously from $16.00) on shares of Rocket Companies in a research note on Wednesday, October 29th. Wells Fargo & Company raised their price objective on Rocket Companies from $15.00 to $17.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Keefe, Bruyette & Woods upped their target price on Rocket Companies from $18.00 to $20.00 and gave the company a “market perform” rating in a research note on Thursday, December 18th. Finally, Oppenheimer began coverage on Rocket Companies in a research report on Thursday, November 13th. They set an “outperform” rating and a $25.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $20.50.

Rocket Companies Trading Down 5.1%

Shares of RKT opened at $17.06 on Tuesday. Rocket Companies, Inc. has a twelve month low of $10.94 and a twelve month high of $24.36. The firm has a market capitalization of $35.91 billion, a P/E ratio of 213.33 and a beta of 2.31. The company has a current ratio of 19.68, a quick ratio of 19.68 and a debt-to-equity ratio of 2.16. The stock’s fifty day simple moving average is $20.08 and its 200 day simple moving average is $18.93.

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.