Public Employees Retirement System of Ohio Raises Holdings in Rocket Lab Corporation $RKLB

Public Employees Retirement System of Ohio lifted its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 14.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,493 shares of the rocket manufacturer’s stock after purchasing an additional 17,965 shares during the period. Public Employees Retirement System of Ohio’s holdings in Rocket Lab were worth $9,151,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RKLB. Mcguire Capital Advisors Inc. purchased a new position in Rocket Lab during the 4th quarter worth approximately $27,000. Zions Bancorporation National Association UT purchased a new stake in Rocket Lab in the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after buying an additional 416 shares during the last quarter. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $29,000. Finally, Reflection Asset Management purchased a new position in shares of Rocket Lab during the fourth quarter worth approximately $30,000. 71.78% of the stock is owned by hedge funds and other institutional investors.

Rocket Lab Price Performance

Shares of RKLB opened at $66.94 on Tuesday. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average is $101.13 and its two-hundred day moving average is $86.96. Rocket Lab Corporation has a twelve month low of $37.57 and a twelve month high of $151.00. The firm has a market capitalization of $38.74 billion, a PE ratio of -209.19 and a beta of 2.54.

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

Rocket Lab News Summary

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

• Positive Sentiment: Record U.S. Space Force award: Rocket Lab won a $266 million multi-launch contract from the U.S. Space Force’s Space Systems Command. The agreement covers 12 suborbital launches for missile-defense and hypersonic testing, with options for six additional missions. Rocket Lab Awarded Record $266M Missile Defense Contract with U.S. Space Force
• Positive Sentiment: Greater defense exposure and operational scale: The first launch is expected no earlier than the end of 2026, primarily from a new facility at the Pacific Spaceport Complex-Alaska. The contract could support a recurring launch cadence through 2028 and strengthen Rocket Lab’s position as a national-security supplier.
• Positive Sentiment: Execution is being rewarded: Coverage framed the contract as evidence of tangible commercial execution, distinguishing Rocket Lab from newer or more speculative space companies. The win also adds credibility to the company’s HASTE hypersonic-test launch business and broader government-market strategy. Rocket Lab Rallies as SpaceX Slides
• Neutral Sentiment: Strong underlying growth, but still unprofitable: Rocket Lab reported first-quarter revenue of $200.35 million, up 63.4% year over year and above estimates, while meeting the consensus loss forecast of $0.07 per share. Analysts still expect a full-year loss, making contract execution and margins important for sustaining the rally.
• Negative Sentiment: Execution and valuation risks remain: Launches do not begin until late 2026 at the earliest, leaving room for development, regulatory, schedule, and cost delays. The stock also remains well below its 52-week high and its longer-term moving averages, while reported insider activity has consisted entirely of sales during the past six months.

Insider Activity at Rocket Lab

In other news, Director Alexander R. Slusky sold 40,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $123.60, for a total value of $4,944,000.00. Following the completion of the transaction, the director owned 334,675 shares in the company, valued at $41,365,830. This trade represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Peter Beck sold 990,960 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $82.86, for a total transaction of $82,110,945.60. Following the completion of the sale, the chief executive officer owned 1,724,221 shares of the company’s stock, valued at $142,868,952.06. This trade represents a 36.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 3,849,294 shares of company stock worth $362,816,208. 8.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

RKLB has been the topic of a number of recent research reports. KGI Securities raised shares of Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 target price on the stock in a report on Monday. Piper Sandler began coverage on shares of Rocket Lab in a research note on Wednesday, July 15th. They set a “neutral” rating and a $83.00 price target for the company. KeyCorp raised shares of Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 price objective on the stock in a research report on Monday, June 15th. Craig Hallum lifted their price objective on shares of Rocket Lab from $98.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Finally, Roth Capital upped their target price on shares of Rocket Lab from $100.00 to $130.00 and gave the company a “buy” rating in a report on Monday, June 29th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $110.29.

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.