Rocket Lab Corporation $RKLB Stock: Royal Fund Management LLC Grows Holdings

Posted by George Bondi on Oct 23rd, 2026

Royal Fund Management LLC increased its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 3,767.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,147 shares of the rocket manufacturer’s stock after acquiring an additional 88,790 shares during the quarter. Royal Fund Management LLC’s holdings in Rocket Lab were worth $6,351,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Versant Capital Management Inc grew its holdings in Rocket Lab by 5.1% in the second quarter. Versant Capital Management Inc now owns 2,049 shares of the rocket manufacturer’s stock worth $208,000 after purchasing an additional 100 shares during the period. Bartlett & CO. Wealth Management LLC increased its stake in Rocket Lab by 7.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock valued at $120,000 after purchasing an additional 124 shares in the last quarter. Parvin Asset Management LLC raised its holdings in shares of Rocket Lab by 4.0% during the first quarter. Parvin Asset Management LLC now owns 3,665 shares of the rocket manufacturer’s stock valued at $235,000 after purchasing an additional 140 shares during the period. Wedmont Private Capital raised its holdings in shares of Rocket Lab by 3.5% during the third quarter. Wedmont Private Capital now owns 4,644 shares of the rocket manufacturer’s stock valued at $318,000 after purchasing an additional 157 shares during the period. Finally, DMC Group LLC boosted its position in shares of Rocket Lab by 5.0% during the 2nd quarter. DMC Group LLC now owns 3,553 shares of the rocket manufacturer’s stock worth $361,000 after purchasing an additional 170 shares in the last quarter. 71.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

RKLB has been the subject of several research reports. Piper Sandler initiated coverage on Rocket Lab in a research note on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 target price for the company. Barclays initiated coverage on Rocket Lab in a research note on Friday, October 9th. They set an “overweight” rating and a $85.00 price target on the stock. KeyCorp cut their price target on Rocket Lab from $135.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, October 15th. Morgan Stanley reissued an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, July 8th. Finally, Bank of America decreased their price objective on Rocket Lab from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 31st. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Rocket Lab has a consensus rating of “Moderate Buy” and a consensus price target of $102.05.

Get Our Latest Analysis on RKLB

More Rocket Lab News

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

Positive Sentiment: Rocket Lab’s core business continues to expand beyond launches, with most revenue now coming from space systems. Supporters argue this provides a more diversified foundation while the company develops Neutron. Rocket Lab Just Had Another Setback. Here’s Why I’m Finally Buying the Stock Anyway
Positive Sentiment: Some analysts and institutional investors remain bullish. Cantor Fitzgerald maintained a Buy rating, while Ark Invest reportedly continued purchasing RKLB shares despite the Neutron setback. Cantor Fitzgerald Sticks to Their Buy Rating for Rocket Lab
Positive Sentiment: Rocket Lab is involved in a NASA Mars mission expected to reach Mars next year, offering a potential high-profile catalyst and evidence of its technical capabilities. Rocket Lab Mars Maneuver Mission
Neutral Sentiment: Rocket Lab will report third-quarter 2026 results after the market closes on November 9. Investors may use the release and outlook to assess whether current operations can support the company’s premium valuation. Rocket Lab Announces Third-Quarter 2026 Results Date
Negative Sentiment: The first Neutron launch has been pushed into 2027 after manufacturing defects were found in key carbon-fiber components. The delay raises execution, development-cost and cash-flow concerns while postponing the revenue growth investors expected from the medium-lift rocket. Rocket Lab Stock Plunged After a New Neutron Setback
Negative Sentiment: Valuation remains a concern: RKLB reportedly trades at roughly 26.6 times forward enterprise value to sales, well above SpaceX and other space companies. Investors are questioning whether Neutron’s future growth can justify that premium. RKLB Valuation and Neutron Analysis
Negative Sentiment: A broad selloff in high-flying technology and space stocks is adding pressure, making investors less willing to pay elevated multiples for companies that remain unprofitable and dependent on long-term growth expectations. Space Stocks Fall in Technology Selloff

Insiders Place Their Bets

In other Rocket Lab news, CFO Adam C. Spice sold 140,157 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $70.82, for a total transaction of $9,925,918.74. Following the completion of the sale, the chief financial officer directly owned 1,155,967 shares of the company’s stock, valued at approximately $81,865,582.94. The trade was a 10.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Agostino Ricupati sold 669 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $69.63, for a total value of $46,582.47. Following the sale, the chief accounting officer directly owned 26,863 shares of the company’s stock, valued at $1,870,470.69. This represents a 2.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 400,749 shares of company stock worth $26,964,474 in the last 90 days. Company insiders own 8.40% of the company’s stock.

Rocket Lab Price Performance

Rocket Lab stock opened at $51.22 on Friday. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The firm’s fifty day moving average price is $66.58 and its two-hundred day moving average price is $83.84. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The business had revenue of $234.07 million for the quarter, compared to analyst estimates of $231.62 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. Research analysts expect that Rocket Lab Corporation will post -0.20 EPS for the current year.

About Rocket Lab

(Free Report)

Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.

Rocket Lab’s launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.

Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.