Bank of America 13F: Cuts Archrock (AROC) Stake by $11M
Bank of America trimmed its stake in Archrock, reducing its holdings by 258,950 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America sold 258,950 shares from its stake in Archrock, Inc. ($AROC), a 3.73% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 6,678,879 shares worth $272.60 million at the end of the quarter.
Since the filing, $AROC is down 3.1% after 1 week, down 8.1% after 1 month and down 23.0% to date (from the $38.37 close on May 18, 2026).
AROC
Archrock, Inc.
Key Points
- Bank of America trimmed its stake in Archrock, Inc. (NYSE: AROC) by 258,950 shares, now holding 6,678,879 shares valued at approximately $272.6 million as of May 18, 2026.
- Archrock shares are currently trading around $40.81, a significant increase from its 52-week low of $22.88.
- Analysts maintain a generally positive outlook on Archrock, with a consensus price target of $42.5 from eight analysts.
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Bank of America Reduces Its Stake
Bank of America has trimmed its position in Archrock, Inc. (NYSE: AROC) by 258,950 shares, bringing its total holdings down to 6,678,879 shares. This reduction represents a 3.73% decrease in its stake, valued at approximately $272.6 million as of May 18, 2026.
Changes in Bank of America's Position
Before this adjustment, Bank of America held 6,937,829 shares of Archrock. The latest filing shows a clear decision to reduce its stake, but it remains a significant holder in the energy infrastructure sector.
What Other Funds Are Doing
In recent activity, BlackRock increased its position in Archrock by 2.5%, reflecting ongoing investor interest in the company. Vaughan Nelson also added to its holdings, boosting its stake by 152,360 shares. These moves indicate that while Bank of America is reducing its stake, other institutional investors are still confident in Archrock's potential.
How Archrock, Inc. Stock Has Traded
Archrock shares are trading at about $40.81, which is significantly higher than its 52-week low of $22.88. The stock has been performing well, reflecting positive investor sentiment and market conditions.
Analysts Set New Price Targets
Analysts are generally optimistic about Archrock's future. On October 8, 2026, JP Morgan maintained an Overweight rating with a price target of $41. On August 17, 2026, Evercore ISI Group also maintained an Outperform rating, lowering its target to $40. RBC Capital has maintained a target of $46, indicating their confidence in the company's growth.
What Archrock, Inc. Does
Archrock, Inc. operates as an energy infrastructure company in the United States, focusing on providing natural gas compression services. The recent changes in institutional holdings reflect varying strategies among major investors, highlighting the company's role in the energy sector.
What's Ahead for Archrock, Inc.
Archrock's next earnings report is scheduled for October 27, 2026. Investors will be watching for further updates from analysts and any new filings that may provide insights into the company's performance and investor sentiment. The recent 13F filing from Bank of America reflects its holdings as of May 18, 2026, and may not represent the current position of the bank.
Related Filing Alerts
Source: Bank of America's 13F filing on $AROC (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts