Archrock (NYSE:AROC) Stock Moved Up to Hold by Zacks Research

Zacks Research upgraded shares of Archrock (NYSE:AROC) from a strong sell rating to a hold rating in a research report released on Thursday,Zacks reports.

A number of other research analysts also recently commented on the stock. Wells Fargo & Company cut their target price on shares of Archrock from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Evercore set a $40.00 price target on shares of Archrock in a report on Monday, August 17th. Royal Bank Of Canada upped their price target on shares of Archrock from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Monday, August 17th. Weiss Ratings downgraded shares of Archrock from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 28th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Archrock from $42.00 to $41.00 and set an “overweight” rating on the stock in a report on Thursday, October 8th. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $42.12.

Archrock Stock Up 3.7%

Shares of AROC stock traded up $0.99 during mid-day trading on Thursday, hitting $27.59. The stock had a trading volume of 2,213,670 shares, compared to its average volume of 1,673,989. Archrock has a 12-month low of $22.88 and a 12-month high of $42.23. The firm has a market capitalization of $4.84 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.47 and a beta of 0.96. The firm’s 50-day moving average is $30.64 and its two-hundred day moving average is $34.09. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.39 and a quick ratio of 0.94.

Archrock (NYSE:AROC) last announced its quarterly earnings results on Monday, November 2nd. The energy company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. The firm had revenue of $370.81 million for the quarter, compared to analyst estimates of $385.95 million. Archrock had a return on equity of 22.61% and a net margin of 22.89%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.42 earnings per share. On average, analysts predict that Archrock will post 1.73 earnings per share for the current fiscal year.

Archrock Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Tuesday, November 3rd will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, November 3rd. Archrock’s payout ratio is 47.42%.

Institutional Trading of Archrock

Several hedge funds have recently modified their holdings of the company. Diversified Trust Co boosted its holdings in shares of Archrock by 53.3% in the 3rd quarter. Diversified Trust Co now owns 55,813 shares of the energy company’s stock valued at $1,691,000 after buying an additional 19,410 shares in the last quarter. Allworth Financial LP raised its stake in shares of Archrock by 17.8% during the 3rd quarter. Allworth Financial LP now owns 3,456 shares of the energy company’s stock worth $105,000 after acquiring an additional 522 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Archrock by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 29,068 shares of the energy company’s stock worth $880,000 after acquiring an additional 385 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Archrock by 447.3% during the third quarter. Russell Investments Group Ltd. now owns 312,256 shares of the energy company’s stock valued at $9,458,000 after acquiring an additional 255,203 shares during the last quarter. Finally, Maryland State Retirement & Pension System lifted its position in Archrock by 52.4% during the third quarter. Maryland State Retirement & Pension System now owns 38,984 shares of the energy company’s stock valued at $1,181,000 after acquiring an additional 13,412 shares during the last quarter. 95.45% of the stock is owned by hedge funds and other institutional investors.

More Archrock News

Here are the key news stories impacting Archrock this week:

• Positive Sentiment: Zacks Research upgraded Archrock from “strong sell” to “hold,” a less-negative view that may provide modest support. Zacks rating update
• Positive Sentiment: Sidoti raised its 2026 EPS estimate to $1.73 from $1.71, in line with the cited consensus, and estimated 2028 EPS at $2.34. The longer-term forecast suggests potential earnings growth, though it is an estimate rather than a reported result. Archrock analyst estimates
• Positive Sentiment: Wells Fargo maintained its Buy rating on Archrock, signaling continued analyst confidence. Wells Fargo rating report
• Negative Sentiment: Sidoti cut its FY2027 EPS forecast to $2.07 from $2.17 and reduced estimates for each quarter from Q4 2026 through Q4 2027. The downward revisions suggest a softer near-term earnings outlook and could pressure the shares. Archrock analyst estimates

About Archrock

Archrock, Inc (NYSE: AROC) is a Houston-based energy infrastructure company that provides natural gas compression services in the United States. Compression is used to increase the pressure of natural gas so it can move efficiently through gathering systems, processing facilities, transmission pipelines and other midstream infrastructure.

The company operates a fleet of natural gas compressors and primarily serves customers through contract compression arrangements. Its services support a range of applications, including natural gas gathering, processing, transmission, storage and production.