Sumitomo Mitsui Trust Group Inc. Buys 638,290 Shares of Rocket Lab Corporation $RKLB

Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 68.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,566,020 shares of the rocket manufacturer’s stock after purchasing an additional 638,290 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Rocket Lab were worth $75,028,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Elite Wealth Management Inc. purchased a new position in shares of Rocket Lab during the 3rd quarter valued at about $209,000. Vicus Capital bought a new stake in Rocket Lab during the 3rd quarter worth approximately $297,000. MGO One Seven LLC lifted its holdings in Rocket Lab by 28.1% during the third quarter. MGO One Seven LLC now owns 20,915 shares of the rocket manufacturer’s stock valued at $1,002,000 after purchasing an additional 4,591 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in Rocket Lab during the third quarter valued at approximately $249,000. Finally, ORG Partners LLC boosted its position in shares of Rocket Lab by 22.1% in the third quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer’s stock worth $64,000 after purchasing an additional 242 shares during the period. Institutional investors own 71.78% of the company’s stock.

Insider Transactions at Rocket Lab

In other Rocket Lab news, Director Merline Saintil sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the sale, the director directly owned 388,529 shares in the company, valued at $25,254,385. This represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Edward H. Frank sold 2,500 shares of Rocket Lab stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $77.39, for a total value of $193,475.00. Following the completion of the transaction, the director owned 142,504 shares of the company’s stock, valued at approximately $11,028,384.56. This trade represents a 1.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 4,197,650 shares of company stock worth $262,429,052. 11.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on RKLB. Wall Street Zen upgraded shares of Rocket Lab from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Citigroup restated a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Morgan Stanley cut their target price on Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 12th. Needham & Company LLC lifted their target price on Rocket Lab from $63.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. Finally, Bank of America upped their price target on Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.25.

Rocket Lab Stock Performance

NASDAQ:RKLB opened at $91.80 on Thursday. The company has a market cap of $49.04 billion, a price-to-earnings ratio of -241.58 and a beta of 2.16. Rocket Lab Corporation has a 1 year low of $14.71 and a 1 year high of $92.19. The stock’s 50 day simple moving average is $59.82 and its two-hundred day simple moving average is $53.41. 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 (NASDAQ:RKLB) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The firm had revenue of $155.08 million during the quarter, compared to the consensus estimate of $152.45 million. During the same period in the prior year, the company earned ($0.10) EPS. The company’s quarterly revenue was up 48.0% compared to the same quarter last year. As a group, equities analysts anticipate that Rocket Lab Corporation will post -0.38 earnings per share for the current fiscal year.

Rocket Lab News Summary

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

• Positive Sentiment: Cantor Fitzgerald reiterates a bullish stance and frames Rocket Lab as a leading alternative to SpaceX heading into a pivotal 2026 year—supporting investor optimism about Neutron and launch growth. Rocket Lab: Premier Alternative To SpaceX in 2026
• Positive Sentiment: Zacks upgraded RKLB from “Hold” to “Strong Buy,” giving a direct analyst-driven catalyst that can attract fresh buying and institutional attention. Zacks.com
• Positive Sentiment: Analysis pieces argue the recent rally could continue as Rocket Lab accelerates launch pacing, grows government/commercial contracts, and progresses Neutron commercialization—momentum that favors further multiple expansion if execution continues. Rocket Lab’s Rally May Be Just The Beginning
• Positive Sentiment: High-level government engagement (Defense Secretary visits cited in news roundups) underscores potential defense contract interest and policy tailwinds for private-space companies, a credibility boost for RKLB’s government revenue pathway. Secretary of War Pete Hegseth to Travel to Brownsville and Fort Worth, Texas
• Neutral Sentiment: MarketBeat and analyst roundups note the rally is driven by clear catalysts (government contracts, launches, Neutron hopes) but also warn gains may be capped near elevated price targets—suggesting a higher-risk/reward profile and potential for volatility. Rocket Lab Corporation Rockets Higher: Higher Prices Still to Come?
• Negative Sentiment: Counter analysis warns “Neutron euphoria” has pushed the stock into overbought/sell territory and some analysts are downgrading or trimming expectations—highlighting valuation risk if Neutron or launch execution slips. Rocket Lab: Neutron Euphoria Has Pushed The Stock Into Sell Territory (Rating Downgrade)
• Negative Sentiment: Recent intraday pullbacks and analysis pieces explain episodes where RKLB underperformed the broader market, reminding investors that the name remains volatile and sensitive to execution and funding headlines. Here’s Why Rocket Lab Corporation (RKLB) Fell More Than Broader Market

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.