Pictet Asset Management Holding SA Buys 175,527 Shares of ERock, Inc. $EROC

Pictet Asset Management Holding SA increased its position in shares of ERock, Inc. (NYSE:EROC) by 16.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,232,208 shares of the company’s stock after purchasing an additional 175,527 shares during the period. Pictet Asset Management Holding SA owned 2.56% of ERock worth $15,107,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Value Aligned Research Advisors LLC bought a new stake in ERock in the second quarter worth about $19,516,000. Wellington Management Group LLP acquired a new stake in shares of ERock during the 2nd quarter valued at $7,228,000. CenterBook Partners LP acquired a new stake in shares of ERock during the third quarter worth $3,134,000. BlueCrest Capital Management Ltd purchased a new stake in shares of ERock during the second quarter valued at $2,900,000. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of ERock during the third quarter valued at $617,000.

ERock Price Performance

Shares of NYSE EROC opened at $8.34 on Friday. The firm has a 50 day moving average price of $10.70. ERock, Inc. has a 52 week low of $6.41 and a 52 week high of $20.70.

ERock (NYSE:EROC) last posted its earnings results on Thursday, November 12th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.05. The business had revenue of $152.77 million during the quarter. As a group, equities analysts forecast that ERock, Inc. will post -0.32 earnings per share for the current year.

ERock News Roundup

These are some of the EROC news items that stood out recently:

• Positive Sentiment: ERock said Q3 revenue reached $152.77 million, and coverage highlighted record revenue, a first profit on an adjusted basis, and approximately $300 million in new bookings. The company also reported its earnings per share of $0.04 beat the consensus estimate of a $0.01 loss. ERock Reports Third Quarter 2026 Results ERock Q3 2026: First Profit, Record Revenue, $300M in New Bookings
• Positive Sentiment: The company outlined Q4 revenue of $211 million to $240 million and plans to raise Atlas capacity to 900 MW by the first half of 2028. If achieved, the added capacity could support future growth. ERock outlines Q4 revenue and Atlas capacity plans
• Neutral Sentiment: ERock reaffirmed FY 2026 revenue guidance of $435 million to $465 million. The $450 million midpoint is close to, but modestly below, analysts’ $452.7 million consensus estimate. ERock Reports Third Quarter 2026 Results

Analyst Ratings Changes

A number of analysts have commented on EROC shares. Guggenheim reduced their price objective on shares of ERock from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, September 2nd. Bank of America upgraded ERock from a “neutral” rating to a “buy” rating and set a $16.00 target price for the company in a report on Friday, July 17th. JPMorgan Chase & Co. lowered their price target on ERock from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Monday, October 19th. Morgan Stanley increased their price objective on ERock from $21.00 to $23.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Finally, Weiss Ratings started coverage on ERock in a report on Friday, September 4th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $21.75.

ERock Company Profile

ERock, formally Eagle Rock Energy Partners, L.P., was a Houston-based master limited partnership focused on natural gas and oil. Its businesses included midstream services such as gathering, processing and treating natural gas, as well as exploration and production activities. The partnership operated assets in several U.S. regions, including the Permian Basin and Gulf Coast. In 2014, it sold its upstream business to Vanguard Natural Resources and its remaining midstream operations to Regency Energy Partners, ending its operations as an independent company.