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Apr 6, 2026 12:00 PM

Billionaire Investor Boosts Rocket Companies Stake By 138% Despite Housing Market Pressures

Activist investor Dan Loeb's Third Point LLC significantly boosted its stake in Rocket Companies, Inc. (NYSE:RKT) by 138% in the fourth quarter of 2025.

According to a recent 13F filing, reflecting his holdings as of Dec. 31, 2025, Third Point boosted its stake in the mortgage company to 9.5 million from 4.0 million in the third quarter of 2025.

Recent Earnings Release & Analyst View

Rocket reported fourth-quarter earnings of 11 cents per share, which beat the analyst estimate of nine cents. Revenue came in at $2.44 billion, which beat the Street estimate of $2.26 billion.

Rocket expects first-quarter revenue in a range of $2.6 billion to $2.8 billion, versus the $2.37 billion analyst estimate.

Keefe, Bruyette & Woods analyst Bose George upgraded Rocket Companies from Market Perform to Outperform and raised the price forecast from $20 to $22.

Barclays analyst Terry Ma upgraded the stock from Equal-Weight to Overweight and cut the price forecast from $22 to $19.

Citizens analyst Mikhail Goberman initiated coverage on the company with a Market Perform rating.

Recent Economic Trends

The 30-year fixed mortgage rate rose to 6.22% for ...