Wealth Enhancement Advisory Services LLC Purchases 249,577 Shares of Rocket Lab Corporation $RKLB

Wealth Enhancement Advisory Services LLC lifted its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 139.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 428,717 shares of the rocket manufacturer’s stock after acquiring an additional 249,577 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Rocket Lab were worth $29,907,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arizona State Retirement System grew its holdings in shares of Rocket Lab by 13.6% in the 3rd quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer’s stock valued at $6,123,000 after buying an additional 15,307 shares during the period. Cadent Capital Advisors LLC acquired a new stake in Rocket Lab during the 3rd quarter worth $668,000. Firsthand Capital Management Inc. raised its stake in 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 buying an additional 20,000 shares during the period. Swiss National Bank lifted its holdings in Rocket Lab by 67.7% during the third quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock worth $59,582,000 after acquiring an additional 501,830 shares in the last quarter. Finally, Orion Porfolio Solutions LLC bought a new position in Rocket Lab during the second quarter worth about $1,009,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: Operational wins: Rocket Lab completed its 84th Electron launch and announced a record $190M hypersonic block‑buy for 20 HASTE test flights, which boost revenue visibility and backlog conversion potential. What’s Going On With Rocket Lab Stock Monday?
• Positive Sentiment: Analyst optimism and upside: Multiple broker targets imply material upside (median targets in the mid‑$80s to $100+ range) and some analysts see ~30%+ upside based on growth in launches, government contracts and space systems. Rocket Lab (RKLB) Stock Could Surge 30%+ — What Analysts Are Betting On
• Positive Sentiment: New coverage: Clear Street initiated coverage with a Buy and an $88 price target, highlighting Neutron and management execution as catalysts. Institutional interest and raised targets support medium‑term bullishness. Clear Street Initiates Coverage on Rocket Lab Corporation (RKLB) with a Buy
• Neutral Sentiment: Sector tailwinds: Broader space-stock enthusiasm (SpaceX IPO hopes, rising defense budgets) is lifting RKLB sentiment, but benefits are sector‑wide rather than company‑specific. Is 2026 the Year of Space Stocks? 2 Stocks to Watch
• Neutral Sentiment: Capital raise framing: Some analysts (e.g., Seeking Alpha) argue the company’s $1B forward equity program is opportunistic and minimizes immediate dilution, positioning RKLB for M&A and growth funding. That interpretation reduces near‑term panic but doesn’t eliminate dilution risk. Rocket Lab: This $1B Capital Raise Is More Bullish Than You Think
• Negative Sentiment: Dilution concerns: Coverage and market posts highlight a new $1B ATM/forward sales agreement and forward sale mechanics that can create share overhang; that headline has been the main near‑term sell pressure. Rocket Lab shares slide as $1B at-the-market equity program revives dilution concerns
• Negative Sentiment: Insider selling: Public filings and data show extensive insider sales in recent months, which can weigh on sentiment even if sales are for diversification/liquidity reasons. Rocket Lab shares slide as $1B at-the-market equity program revives dilution concerns

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on RKLB shares. Bank of America upped their price target on shares of Rocket Lab from $60.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Wall Street Zen raised Rocket Lab from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. Zacks Research cut Rocket Lab from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a report on Thursday, January 22nd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $85.00 target price on shares of Rocket Lab in a research report on Friday, March 13th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.92.

Insider Buying and Selling

In other Rocket Lab news, CEO Peter Beck sold 18,857 shares of Rocket Lab stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $69.59, for a total transaction of $1,312,258.63. Following the completion of the transaction, the chief executive officer directly owned 884,085 shares of the company’s stock, valued at $61,523,475.15. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Merline Saintil sold 18,126 shares of Rocket Lab stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $75.04, for a total transaction of $1,360,175.04. Following the sale, the director directly owned 261,903 shares of the company’s stock, valued at $19,653,201.12. The trade was a 6.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,807,614 shares of company stock valued at $136,326,621. Insiders own 11.90% of the company’s stock.

Rocket Lab Trading Down 2.8%

Shares of NASDAQ:RKLB opened at $66.07 on Wednesday. The company’s 50-day moving average price is $75.50 and its two-hundred day moving average price is $64.26. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $99.58. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.08 and a quick ratio of 3.61. The stock has a market capitalization of $37.49 billion, a PE ratio of -178.56 and a beta of 2.20.

About Rocket Lab

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.