Bank of America 13F: Cuts Archrock (AROC) Stake by $8.9M

Bank of America has trimmed its investment in Archrock, Inc. (NYSE:AROC), according to a recent Form 13F filing with the U.S. Securities and Exchange Commission. Institutional filings like this one provide a look at portfolio changes from the reporting period, though they do not necessarily reflect current day-to-day holdings.

Bank of America Scales Back Archrock Position

During the quarter, Bank of America cut its stake in the energy company by 3.7%, shedding 258,950 shares. The adjustment left the financial institution with 6,678,879 total shares of Archrock. Based on market prices around the filing date, that remaining position was worth roughly $228.4 million.

Archrock Stock Trades Near Recent Levels

Archrock shares recently traded hands at $34.20. The stock has moved between a 52-week low of $22.88 and a 52-week high of $42.23. The company currently carries a forward P/E ratio of 14.03 based on future earnings estimates, alongside a trailing price-to-earnings ratio of 16.52.

Recent Earnings Performance

For its most recent reporting period, Archrock posted $1.50 billion in total revenue alongside a net margin of 21.84%. The firm generated earnings of $1.86 per share, while maintaining a return on equity of 22.19%. The company's revenue dipped slightly by 3.1% compared to the prior period. Archrock is scheduled to release its next round of financial results on October 27, 2026.

Dividend Payments for Shareholders

Archrock currently pays an annual dividend of $0.92 per share, which translates to a dividend yield of 2.92% based on current trading levels. The company's payout ratio sits at 46.2%, meaning it distributes less than half of its earnings to shareholders as dividends.

Wall Street Analyst Outlook

Analyst firms continue to monitor Archrock closely, holding a consensus target price of $42.50. On October 8, 2026, JP Morgan maintained an Overweight rating on the stock with a price target of $41.00. Earlier in August, Evercore ISI Group kept an Outperform rating with a $40.00 target, while RBC Capital maintained its Outperform rating while raising its target to $46.00.

Inside Archrock Operations

Headquartered in Houston, Texas, Archrock operates as an energy infrastructure business specializing in natural gas compression. The firm builds, owns, and services a large fleet of compression equipment used by independent and integrated oil and gas producers across the United States. Its operations are split between contract compression services and aftermarket maintenance and parts support.

What to Watch at AROC

Investors will look toward Archrock's upcoming earnings release on October 27, 2026, for updates on contract operations and fleet utilization. Future institutional filings from major holders like Bank of America will also show how large financial institutions adjust their positions as energy market conditions shift.