Orion Porfolio Solutions LLC Acquires Shares of 28,195 Rocket Lab Corporation $RKLB

Orion Porfolio Solutions LLC bought a new position in Rocket Lab Corporation (NASDAQ:RKLB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,195 shares of the rocket manufacturer’s stock, valued at approximately $1,009,000.

Several other hedge funds have also modified their holdings of RKLB. Invesco Ltd. raised its position in Rocket Lab by 67.0% in the 2nd quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock worth $223,287,000 after purchasing an additional 2,504,054 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Rocket Lab in the 2nd quarter valued at $192,918,000. Norges Bank acquired a new stake in shares of Rocket Lab in the 2nd quarter valued at $164,751,000. American Century Companies Inc. raised its position in shares of Rocket Lab by 6.2% during the second quarter. American Century Companies Inc. now owns 2,251,130 shares of the rocket manufacturer’s stock worth $80,523,000 after acquiring an additional 131,996 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Rocket Lab by 6.4% during the first quarter. Royal Bank of Canada now owns 2,128,536 shares of the rocket manufacturer’s stock valued at $38,057,000 after acquiring an additional 128,907 shares during the period. 71.78% of the stock is owned by institutional investors.

Rocket Lab Stock Performance

Shares of RKLB stock opened at $77.18 on Wednesday. The stock has a market cap of $41.23 billion, a PE ratio of -203.11 and a beta of 2.20. The stock has a 50-day moving average of $54.93 and a 200-day moving average of $48.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $79.18.

Rocket Lab (NASDAQ:RKLB) last released its quarterly earnings data on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The business had revenue of $155.08 million for the quarter, compared to analyst estimates of $152.45 million. During the same quarter last year, the firm earned ($0.10) EPS. Rocket Lab’s quarterly revenue was up 48.0% compared to the same quarter last year. As a group, sell-side analysts expect that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Key Stores Impacting Rocket Lab

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

• Positive Sentiment: Won a roughly $805–$816 million U.S. Space Development Agency contract for missile‑warning/satellite work — a material backlog and revenue catalyst for Rocket Lab’s space systems business. Rocket Lab Stock Surges as Company Secures $816 Million Space Development Contract
• Positive Sentiment: Completed its 21st Electron launch of 2025 with 100% mission success — reinforces operational reliability and supports recurring commercial + defense launch demand. Rocket Lab Successfully Launches for iQPS, Ends 2025 with 21 Launches and 100% Mission Success
• Positive Sentiment: Analysts have nudged up ratings/targets (Needham raised a street‑high $90 target; other firms raised views), which has amplified momentum and retail/institutional buying. Needham Hikes Rocket Lab Price Target to Street-High $90
• Neutral Sentiment: Sector and policy tailwinds (U.S. focus on space/defense) are lifting many space names simultaneously — supportive but increases correlation and cyclical risk. Space stocks rocket higher as sector optimism gains steam into 2026
• Neutral Sentiment: Analyst coverage is mixed beneath the headlines—several buy/strong‑buy ratings coexist with lower median targets, highlighting an ongoing valuation debate. Rocket Lab Stock Opinions on Major U.S. Government Contract Win
• Negative Sentiment: Insider selling has accelerated (director Nina Armagno sold 27,314 shares; director Merline Saintil sold shares; CEO sales earlier in December were large though mostly under 10b5‑1 plans) — increases floating supply and raises governance/sentiment questions for some traders. SEC Filing: Nina Armagno Sale
• Negative Sentiment: Valuation risk after a ~177% YTD run — investors warn RKLB could be priced for perfection; any slip in Neutron development, contract execution or launch cadence could prompt a pullback. Rocket Lab Valuation Check After Landmark Contract Win

Insider Buying and Selling

In other Rocket Lab news, Director Nina Armagno sold 27,314 shares of Rocket Lab stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $68.21, for a total transaction of $1,863,087.94. Following the transaction, the director directly owned 108,940 shares in the company, valued at approximately $7,430,797.40. The trade was a 20.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Peter Beck sold 1,560,254 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $57.47, for a total value of $89,667,797.38. Following the completion of the transaction, the chief executive officer directly owned 939,746 shares of the company’s stock, valued at approximately $54,007,202.62. The trade was a 62.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,729,485 shares of company stock worth $151,832,870 over the last ninety days. Insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

RKLB has been the subject of a number of research reports. KeyCorp lifted their price objective on Rocket Lab from $50.00 to $75.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Cantor Fitzgerald restated an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, December 3rd. Needham & Company LLC lifted their price target on shares of Rocket Lab from $63.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday. Wall Street Zen downgraded shares of Rocket Lab from a “hold” rating to a “sell” rating in a research note on Saturday, December 13th. Finally, Baird R W upgraded shares of Rocket Lab to a “strong-buy” rating in a report on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.25.

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.