National Pension Service Buys New Holdings in Rocket Lab Corporation $RKLB

National Pension Service bought a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 643,174 shares of the rocket manufacturer’s stock, valued at approximately $44,868,000.

Other institutional investors also recently bought and sold shares of the company. Arizona State Retirement System boosted its holdings in Rocket Lab by 13.6% during the 3rd quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer’s stock valued at $6,123,000 after acquiring an additional 15,307 shares during the period. Swedbank AB boosted its holdings in Rocket Lab by 8.2% during the 4th quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock valued at $35,525,000 after acquiring an additional 38,770 shares during the period. Firsthand Capital Management Inc. boosted its holdings in Rocket Lab by 40.0% during the 3rd quarter. Firsthand Capital Management Inc. now owns 70,000 shares of the rocket manufacturer’s stock valued at $3,354,000 after acquiring an additional 20,000 shares during the period. Swiss National Bank lifted its holdings in Rocket Lab by 67.7% in the 3rd quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock worth $59,582,000 after buying an additional 501,830 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock worth $3,308,033,000 after buying an additional 5,610,469 shares during the period. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on RKLB. Clear Str upgraded Rocket Lab to a “strong-buy” rating in a report on Wednesday, March 18th. Wells Fargo & Company began coverage on Rocket Lab in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $60.00 price objective for the company. BTIG Research reiterated a “hold” rating on shares of Rocket Lab in a report on Tuesday, May 12th. Craig Hallum upgraded Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a report on Friday, May 8th. Finally, Roth Mkm increased their price objective on Rocket Lab from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Rocket Lab has an average rating of “Moderate Buy” and an average price target of $97.19.

Rocket Lab Stock Performance

RKLB opened at $143.48 on Monday. The stock has a market cap of $83.04 billion, a PE ratio of -448.38 and a beta of 2.48. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02. The business has a 50 day moving average of $92.13 and a 200-day moving average of $76.44. Rocket Lab Corporation has a 52 week low of $25.24 and a 52 week high of $151.00.

Rocket Lab (NASDAQ:RKLB) last released its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). The company had revenue of $200.35 million during the quarter, compared to analysts’ expectations of $189.65 million. Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The firm’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.12) EPS. Equities research analysts predict that Rocket Lab Corporation will post -0.29 earnings per share for the current fiscal year.

Key Headlines Impacting Rocket Lab

Here are the key news stories impacting Rocket Lab this week:

• Positive Sentiment: Rocket Lab continues to benefit from optimism around its defense business, including progress on its SDA missile-defense constellation work and a reported milestone that helped push total defense awards above $1.3 billion. Rocket Lab Hits Key SDA Milestone, Expands Defense Footprint
• Positive Sentiment: The stock is also being lifted by broader enthusiasm for the space sector, with traders speculating that a potential SpaceX IPO could re-rate public space names and keep capital flowing into Rocket Lab. Is Rocket Lab Corporation (RKLB) Among the Best Space Stocks to Buy According to Reddit and Social Media?
• Positive Sentiment: Recent coverage highlighted Rocket Lab’s improving revenue momentum and expanding role as a space-defense contractor, reinforcing the case for continued growth. Rocket Lab (RKLB) Stock Soars as Defense Contracts Surpass $1.3 Billion Milestone
• Neutral Sentiment: Several bullish articles framed Rocket Lab as a key “SpaceX alternative,” but much of that move appears driven by valuation expansion and theme trading rather than a single new operating catalyst. Rocket Lab (RKLB) Stock Price Forecast — Can the 115% Rally Continue?
• Negative Sentiment: Rocket Lab also faced pressure from a broader selloff in space stocks after Blue Origin’s New Glenn rocket exploded during a hotfire test, raising risk-off sentiment across the group. Blue Origin New Glenn Rocket Erupts in Flames During Hotfire Test at Cape Canaveral
• Negative Sentiment: Sentiment was further weighed by multiple insider sales disclosed this week, including transactions by senior executives, even though the sales were tied to 10b5-1 plans and tax withholding on equity awards. Arjun Kampani Insider Trading Activity

Insider Buying and Selling

In other news, SVP Arjun Kampani sold 70,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $145.13, for a total value of $10,159,100.00. Following the completion of the transaction, the senior vice president owned 376,509 shares in the company, valued at $54,642,751.17. This trade represents a 15.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Merline Saintil sold 18,126 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $75.04, for a total value of $1,360,175.04. Following the completion of the transaction, the director owned 261,903 shares of the company’s stock, valued at approximately $19,653,201.12. The trade was a 6.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 399,956 shares of company stock worth $49,256,851 over the last quarter. Company insiders own 8.40% of the company’s stock.

Rocket Lab Company Profile

Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.