EARNEST Partners reports 5.7% stake in Archrock
Sentiment and the balance of points
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Rhea-AI Filing Summary
Archrock, Inc. received an amended Schedule 13G from institutional investor EARNEST Partners, LLC, a Delaware investment adviser, reporting beneficial ownership of 10,034,788 shares of Archrock common stock, representing 5.7% of the outstanding class as of the reporting date.
EARNEST Partners reports sole voting power over 7,066,954 shares and shared voting power over 1,788,919 shares, with sole dispositive power over all 10,034,788 shares. The firm states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Archrock. It also notes that no individual client holds more than five percent of the class.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Archrock, Inc. (AROC) does EARNEST Partners report in this Schedule 13G/A?
What dispositive power over Archrock (AROC) stock does EARNEST Partners report?
In what capacity is EARNEST Partners filing this Archrock (AROC) Schedule 13G/A?
Does any single EARNEST Partners client own more than 5% of Archrock (AROC)?
Is EARNEST Partners seeking to influence control of Archrock (AROC) with this stake?
AI-generated analysis. How Rhea-AI works. Not financial advice.