Rocket Lab Corporation $RKLB Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 11.6% during the second quarter, HoldingsChannel reports. The fund owned 93,586 shares of the rocket manufacturer’s stock after acquiring an additional 9,761 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Rocket Lab were worth $9,513,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Crumly & Associates Inc. acquired a new stake in Rocket Lab in the second quarter valued at about $304,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Rocket Lab by 4,286.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,290 shares of the rocket manufacturer’s stock worth $334,000 after purchasing an additional 3,215 shares during the period. Beacon Investment Advisory Services Inc. increased its position in Rocket Lab by 364.0% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 399 shares of the rocket manufacturer’s stock worth $41,000 after purchasing an additional 313 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of Rocket Lab by 224.2% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 41,008 shares of the rocket manufacturer’s stock worth $4,168,000 after buying an additional 28,358 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Rocket Lab by 3.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 17,580 shares of the rocket manufacturer’s stock worth $1,787,000 after buying an additional 524 shares in the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.

Rocket Lab Stock Performance

Shares of RKLB stock opened at $82.83 on Friday. The stock has a fifty day moving average price of $88.87 and a 200 day moving average price of $85.83. The stock has a market cap of $47.94 billion, a PE ratio of -258.84 and a beta of 2.60. Rocket Lab Corporation has a 1 year low of $37.57 and a 1 year high of $151.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The company had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. During the same quarter in the prior year, the company earned ($0.12) earnings per share. Rocket Lab’s revenue was up 63.4% compared to the same quarter last year. Sell-side analysts forecast that Rocket Lab Corporation will post -0.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Peter Beck sold 990,960 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $82.86, for a total value of $82,110,945.60. Following the sale, the chief executive officer directly owned 1,724,221 shares of the company’s stock, valued at approximately $142,868,952.06. This represents a 36.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 88,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the completion of the sale, the senior vice president directly owned 264,705 shares in the company, valued at approximately $28,582,845.90. The trade was a 24.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,849,294 shares of company stock worth $362,816,208. 8.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

RKLB has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. New Street Research began coverage on shares of Rocket Lab in a research report on Wednesday, May 13th. They set a “buy” rating and a $150.00 target price on the stock. TD Cowen upped their price target on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. KGI Securities upgraded shares of Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 price target for the company in a report on Monday, July 27th. Finally, Bank of America raised their price objective on shares of Rocket Lab from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $110.29.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: $397 million Space Force contract: The award was the primary catalyst for the rally. It adds substantial government-backed business and reinforces Rocket Lab’s position as a defense and space-infrastructure supplier. The company has reportedly secured approximately $663 million in Space Force contracts recently, although the larger award depends on Rocket Lab’s future Neutron rocket, which has not yet flown. Why Rocket Lab Stock Just Jumped
• Positive Sentiment: Launch reliability continues: Rocket Lab successfully completed its 92nd Electron mission and its 13th launch of 2026, deploying another satellite for repeat customer iQPS. The milestone supports investor confidence in the company’s launch cadence and commercial satellite-contractor relationships. Rocket Lab Successfully Completes 92nd Electron Mission
• Positive Sentiment: Sector momentum and earnings anticipation: A broader rally in space stocks, improving retail sentiment, and expectations for continued revenue growth have added to RKLB’s momentum. Analysts cited recent contracts, launch milestones, and potential satellite-systems growth as reasons for optimism. Rocket Lab Stock Opinions on Upcoming Earnings
• Neutral Sentiment: Key near-term event: Rocket Lab reports second-quarter results after the market closes on Monday, August 10. Investors will focus on whether contract wins are translating into revenue growth, the outlook for the Neutron program, and the company’s path toward profitability. Rocket Lab Wins $397 Million Space Contract Ahead of Earnings
• Negative Sentiment: Valuation and profitability remain concerns: Despite strong growth prospects, Rocket Lab remains unprofitable, faces significant Neutron development costs, and trades at a premium valuation. Investors may therefore demand strong guidance or evidence of improving margins. Rocket Lab Set to Report Q2 Earnings
• Negative Sentiment: Insider selling: Data cited by QuiverQuant shows extensive insider sales over the past six months and no reported insider purchases, a potential caution signal even though the transactions may reflect planned or compensation-related selling.

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.