QRG Capital Management Inc. Has $2.36 Million Holdings in Rocket Lab Corporation $RKLB

Posted by Don Miller on Jul 7th, 2026

QRG Capital Management Inc. lifted its holdings in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 84.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 36,716 shares of the rocket manufacturer’s stock after buying an additional 16,778 shares during the period. QRG Capital Management Inc.’s holdings in Rocket Lab were worth $2,358,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Swedbank AB increased its stake in Rocket Lab by 8.2% in the fourth quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock valued at $35,525,000 after purchasing an additional 38,770 shares in the last quarter. Firsthand Capital Management Inc. boosted its position in shares of Rocket Lab by 40.0% during the 3rd quarter. Firsthand Capital Management Inc. now owns 70,000 shares of the rocket manufacturer’s stock worth $3,354,000 after purchasing an additional 20,000 shares in the last quarter. Swiss National Bank grew its stake in shares of Rocket Lab by 67.7% in the 3rd quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock valued at $59,582,000 after buying an additional 501,830 shares during the period. Vanguard Group Inc. grew its stake in shares of Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after buying an additional 5,610,469 shares during the period. Finally, Westfield Capital Management Co. LP increased its position in Rocket Lab by 6.3% in the 4th quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock valued at $180,849,000 after buying an additional 154,623 shares in the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Rocket Lab Stock Down 9.3%

Shares of NASDAQ:RKLB traded down $8.63 during mid-day trading on Tuesday, hitting $84.46. 8,087,820 shares of the company traded hands, compared to its average volume of 24,893,160. The stock has a 50-day moving average price of $108.98 and a two-hundred day moving average price of $86.82. Rocket Lab Corporation has a 12-month low of $37.57 and a 12-month high of $151.00. The stock has a market cap of $48.88 billion, a P/E ratio of -262.69 and a beta of 2.54. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, meeting 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 analyst estimates of $189.65 million. During the same period in the prior year, the firm posted ($0.12) EPS. Rocket Lab’s quarterly revenue was up 63.4% compared to the same quarter last year. On average, equities research analysts forecast that Rocket Lab Corporation will post -0.29 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on RKLB. Wells Fargo & Company assumed coverage on Rocket Lab in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $60.00 price target on the stock. TD Cowen boosted their price objective on Rocket Lab from $90.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Bank of America upped their target price on Rocket Lab from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Roth Capital lifted their price target on shares of Rocket Lab from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $96.00 price target on shares of Rocket Lab in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $108.24.

Get Our Latest Stock Analysis on RKLB

Trending Headlines about Rocket Lab

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

Positive Sentiment: The Iridium acquisition could transform Rocket Lab into a broader end-to-end space company with a much larger revenue base and more recurring communications exposure. Rocket Lab Just Changed Its Growth Story With One Bold $8B Deal
Positive Sentiment: Rocket Lab’s recent operational momentum, including strong revenue growth and a successful U.S. Space Force launch mission, supports the case that the core business is improving even as it expands. Rocket Lab (RKLB) Sets New Benchmark With VICTUS HAZE Launch For U.S. Space Force
Neutral Sentiment: Analyst commentary remains constructive overall, with multiple buy/overweight ratings and price targets clustering above the current trading range, suggesting Wall Street still sees upside if execution stays on track. Hexcel vs. Rocket Lab USA: Which Aerospace Stock Is a Better Buy in 2026?
Negative Sentiment: Shares have also been pressured by a broader pullback in space stocks and investor concern that the Iridium deal could create dilution, higher financing needs, and a long execution timeline. Rocket Lab Stock Is Tumbling Today: What’s Going On
Negative Sentiment: Reports that CEO Peter Beck may trim a large stake tied to the Iridium deal added to near-term sentiment pressure, even though the proposed sale reflects deal mechanics rather than a business setback. RKLB Stock Slips Overnight: CEO Peter Beck Eyes Trimming Stake By $465M After Iridium Deal

Insider Transactions at Rocket Lab

In related news, SVP Arjun Kampani sold 88,000 shares of the business’s 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 transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank Klein sold 36,860 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $147.42, for a total transaction of $5,433,901.20. Following the completion of the sale, the insider owned 1,006,987 shares of the company’s stock, valued at approximately $148,450,023.54. This trade represents a 3.53% 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. Over the last 90 days, insiders have sold 573,515 shares of company stock worth $76,412,122. 8.40% of the stock is owned by insiders.

Rocket Lab Profile

(Free Report)

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.