Key Points
- CAO Donna Henderson sold 10,413 shares on March 4 at an average price of $36.74 for proceeds of $382,573.62, leaving her with 27,757 shares — a 27.28% reduction in her holdings.
- Archrock beat quarterly EPS expectations, reporting $0.69 vs. a $0.40 consensus, with revenue up 15.5% year‑over‑year and strong margins (net margin 21.63%, ROE 23.57%).
- The company raised its quarterly dividend to $0.22 (annualized $0.88, ~2.5% yield) and has seen multiple analyst upgrades, with a consensus rating of Buy and an average target around $36.86.
Archrock, Inc. (NYSE:AROC - Get Free Report) CAO Donna Henderson sold 10,413 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $36.74, for a total value of $382,573.62. Following the completion of the transaction, the chief accounting officer owned 27,757 shares of the company's stock, valued at $1,019,792.18. The trade was a 27.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Archrock Price Performance
Shares of Archrock stock traded down $0.19 on Friday, hitting $35.61. 339,558 shares of the company traded hands, compared to its average volume of 1,617,089. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.99 and a current ratio of 1.54. The business has a 50-day simple moving average of $29.87 and a 200 day simple moving average of $26.56. Archrock, Inc. has a 52 week low of $20.12 and a 52 week high of $37.26. The stock has a market capitalization of $6.23 billion, a P/E ratio of 19.46, a price-to-earnings-growth ratio of 1.54 and a beta of 0.87.
Archrock (NYSE:AROC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.29. Archrock had a net margin of 21.63% and a return on equity of 23.57%. The company had revenue of $377.07 million for the quarter, compared to the consensus estimate of $378.04 million. During the same period in the previous year, the firm posted $0.34 EPS. Archrock's revenue for the quarter was up 15.5% compared to the same quarter last year. Research analysts expect that Archrock, Inc. will post 1.09 earnings per share for the current fiscal year.
Archrock Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Tuesday, February 10th were given a $0.22 dividend. This is an increase from Archrock's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, February 10th. Archrock's dividend payout ratio (DPR) is presently 48.09%.
Institutional Trading of Archrock
Several hedge funds and other institutional investors have recently bought and sold shares of AROC. Sound Income Strategies LLC lifted its position in Archrock by 71.0% in the fourth quarter. Sound Income Strategies LLC now owns 971 shares of the energy company's stock worth $26,000 after buying an additional 403 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Archrock in the third quarter valued at $27,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Archrock in the fourth quarter valued at $27,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of Archrock by 164.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,082 shares of the energy company's stock worth $28,000 after acquiring an additional 673 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Archrock in the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 95.45% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. Citigroup lifted their price objective on Archrock from $31.00 to $40.00 and gave the stock a "buy" rating in a research note on Monday. Zacks Research raised shares of Archrock from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 3rd. Dawson James restated an "outperform" rating on shares of Archrock in a research report on Wednesday, February 25th. Raymond James Financial reiterated an "outperform" rating and set a $40.00 price objective on shares of Archrock in a research report on Wednesday, February 25th. Finally, Wall Street Zen raised shares of Archrock from a "hold" rating to a "buy" rating in a research note on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $36.86.
Check Out Our Latest Analysis on AROC
About Archrock
(
Get Free Report)
Archrock, Inc is a Houston‐based provider of natural gas compression services and equipment to the oil and gas industry in North America. Founded in 2004, the company supplies both short‐term rentals and long‐term contracts for compression solutions, serving upstream and midstream producers. Archrock's offerings include engineered compression systems, aftermarket parts, maintenance and field services designed to optimize wellhead and pipeline operations.
The company's core business activities focus on the design, manufacture, rental and sale of gas compression equipment.
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