Royal Fund Management 13F: Adds $6.2M to Rocket Lab (RKLB) Stake

Royal Fund Management boosted its stake in Rocket Lab Corporation RKLB by 3,767.1% during the quarter, according to a Form 13F filed with the SEC on October 22, 2026. The firm purchased an additional 88,790 shares to bring its total ownership to 91,147 shares. The reported value of this holding reached approximately $6.35 million at the time of the filing.

RKLB Rocket Lab Corporation

$51.22 ▼ -32.60% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Royal Fund Management's Rocket Lab Corporation Position

The fund significantly expanded its footprint in the aerospace company by jumping from a prior count of just 2,357 shares up to 91,147 shares. This sharp increase makes Rocket Lab a much larger part of the firm's reported equity holdings compared to the previous period.

Other Institutional Activity in Rocket Lab Corporation

Other large institutional holders adjusted their positions around the same time. Baillie Gifford & Co reduced its holdings by 8,044,081 shares, ending the period with 10,384,512 shares worth about $531.89 million.

Rocket Lab Corporation Stock Up 0.6%

Rocket Lab shares recently traded around $51.23 as of October 23, 2026. On the filing date of October 22, 2026, the stock closed at $51.22. The recent price sits below its 50-day moving average of $67.49 and below its 200-day moving average of $80.92. The stock trades well below its 52-week high of $151.00 while holding above its 52-week low of $37.57.

Recent Earnings

Rocket Lab reported trailing twelve-month revenue of $769.1 million alongside an EPS of -$0.29. The company posted a net margin of -21.5% and a return on equity of -7.9%. Year-over-year revenue growth reached 62.0%. The company's next earnings report is scheduled for November 9, 2026.

Insider Buying and Selling at Rocket Lab Corporation

Several company insiders completed stock transactions during the late summer. Chief Financial Officer Adam C Spice sold 9,677 shares on August 24, 2026, valued at $673,790. General Counsel Arjun E Kampani sold 6,034 shares on August 27, 2026, for $402,186. Officer Frank Klein sold 35,558 shares on August 27, 2026, worth $2,368,354. Later, on September 2, 2026, Adam C Spice sold an additional 140,157 shares valued at $8,777,721. None of these transactions were reported as part of a Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the stock ahead of the filing. On October 9, 2026, TD Cowen maintained its Buy rating while lowering its target from $120.00 to $90.00. TD Cowen later reiterated its Buy rating at $90.00 on October 15, 2026. Keybanc maintained its Overweight rating on October 15, 2026, lowering its target from $135.00 to $100.00. Cantor Fitzgerald reiterated an Overweight rating with a $122.00 target on October 15, 2026. Citizens maintained its Market Outperform rating on October 16, 2026, reducing its target from $130.00 to $90.00. Across 20 analyst opinions, the stock carries a consensus buy recommendation with a mean price target of $102.15.

About Rocket Lab Corporation

Headquartered in Long Beach, California, Rocket Lab Corporation operates as a space company that provides launch services and space systems solutions. The business serves commercial and government customers through its launch services and space systems segments, designing and building rockets and spacecraft components to enable frequent access to orbit.

Bottom Line

Investors will look toward the company's upcoming earnings release on November 9, 2026, for further details on revenue trends and profit margins. Future institutional filings will show whether other large funds follow Royal Fund Management in expanding their stakes.