SCHEDULE 13G/A: BlackRock Amends Archrock Stake, Discloses 14.8% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 14.8% beneficial ownership stake in Archrock, Inc. common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 25,918,911 shares of Archrock, Inc. common stock.
- This represents 14.8% of Archrock, Inc.'s outstanding common stock.
- BlackRock holds sole voting power over 25,687,510 shares and sole dispositive power over 25,918,911 shares.
- The shares are held in the ordinary course of business and not for the purpose of influencing control of Archrock, Inc.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, holds more than 5% of Archrock's total outstanding common stock.
Sentiment
Score: 5
Explanation: The document is a standard beneficial ownership filing (Schedule 13G) by BlackRock, Inc., reporting its stake in Archrock, Inc. It contains factual information about shareholdings and does not convey positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- BlackRock's continued significant stake (14.8%) indicates sustained institutional interest in Archrock, Inc.
- The filing confirms the shares are held for investment purposes in the ordinary course of business, not for control-influencing activities, suggesting stability from a major shareholder.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in Archrock, Inc. Such filings are common in the financial industry as large asset managers regularly update their holdings in publicly traded companies. Archrock operates in the natural gas compression services industry, and BlackRock's stake reflects its investment strategy across various sectors.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional shareholder's stake and its passive investment intent.
- Employees, Customers, Suppliers, Creditors: Minimal direct impact from this routine ownership disclosure.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, which was revoked. |
| 2025-01-21 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 2025-03-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-04-25 | Date of filing and signature by BlackRock, Inc. |
Keywords
Archrock Inc., BlackRock Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Shareholding, AROC
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