Resources Connection (NASDAQ:RGP) Upgraded to “Hold” at Wall Street Zen

Posted by Francis Steltz on Oct 4th, 2026

Wall Street Zen upgraded shares of Resources Connection (NASDAQ:RGP – Free Report) from a sell rating to a hold rating in a research note released on Saturday morning,Wall Street Zen reports.

A number of other brokerages have also commented on RGP. Zacks Research raised Resources Connection from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Resources Connection in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Resources Connection

Resources Connection Stock Up 1.6%

RGP opened at $3.89 on Friday. The company has a fifty day moving average of $4.12 and a 200-day moving average of $4.17. Resources Connection has a twelve month low of $3.06 and a twelve month high of $5.36. The stock has a market cap of $134.98 million, a PE ratio of -3.24 and a beta of 0.56.

Resources Connection (NASDAQ:RGP – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. The company had revenue of $106.11 million for the quarter, compared to the consensus estimate of $106.76 million. Resources Connection had a negative return on equity of 4.63% and a negative net margin of 8.98%. Sell-side analysts anticipate that Resources Connection will post -0.44 EPS for the current fiscal year.

Resources Connection Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 3rd were issued a $0.07 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $0.28 annualized dividend and a dividend yield of 7.2%. Resources Connection’s dividend payout ratio is currently -23.33%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RGP. Engineers Gate Manager LP purchased a new stake in Resources Connection in the 2nd quarter valued at about $121,000. Susquehanna International Group LLP lifted its position in shares of Resources Connection by 61.4% during the 2nd quarter. Susquehanna International Group LLP now owns 139,771 shares of the company’s stock worth $594,000 after buying an additional 53,156 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Resources Connection in the 2nd quarter worth approximately $86,000. Public Employees Retirement System of Ohio purchased a new position in shares of Resources Connection in the 2nd quarter worth approximately $215,000. Finally, Bank of America Corp DE bought a new position in shares of Resources Connection in the second quarter valued at approximately $154,000. 93.23% of the stock is currently owned by hedge funds and other institutional investors.

About Resources Connection

(Get Free Report)

Resources Connection, Inc (NASDAQ:RGP) is a professional services and consulting company that helps organizations manage business-critical projects, operational changes and workforce needs. The company delivers its services primarily through RGP, its consulting platform, which connects clients with experienced professionals and project teams.

RGP supports a range of corporate functions, including finance and accounting, business transformation, information technology, legal and compliance, human resources, supply chain and risk management.