Legato Capital Management LLC Takes Position in Red River Bancshares, Inc. $RRBI

Posted by Geri Gentry on May 28th, 2026

Legato Capital Management LLC acquired a new stake in Red River Bancshares, Inc. (NASDAQ:RRBI – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 6,412 shares of the company’s stock, valued at approximately $458,000. Legato Capital Management LLC owned approximately 0.10% of Red River Bancshares at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RRBI. Strs Ohio bought a new position in shares of Red River Bancshares in the 1st quarter valued at about $26,000. State of Alaska Department of Revenue grew its holdings in shares of Red River Bancshares by 258.0% in the 4th quarter. State of Alaska Department of Revenue now owns 945 shares of the company’s stock valued at $66,000 after acquiring an additional 681 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Red River Bancshares by 534.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,263 shares of the company’s stock valued at $74,000 after acquiring an additional 1,064 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Red River Bancshares by 54.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,616 shares of the company’s stock valued at $105,000 after acquiring an additional 571 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Red River Bancshares in the 2nd quarter valued at about $117,000. Institutional investors own 27.55% of the company’s stock.

Red River Bancshares Stock Down 1.1%

Shares of RRBI stock opened at $91.10 on Thursday. The firm has a 50 day moving average price of $91.52 and a two-hundred day moving average price of $82.70. The company has a market capitalization of $599.44 million, a PE ratio of 13.64 and a beta of 0.42. Red River Bancshares, Inc. has a 12-month low of $54.05 and a 12-month high of $98.85.

Red River Bancshares (NASDAQ:RRBI – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.12. The firm had revenue of $32.94 million during the quarter, compared to the consensus estimate of $33.03 million. Red River Bancshares had a net margin of 25.74% and a return on equity of 12.46%. As a group, research analysts expect that Red River Bancshares, Inc. will post 7.22 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on RRBI. Zacks Research cut Red River Bancshares from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Raymond James Financial restated a “market perform” rating on shares of Red River Bancshares in a report on Tuesday, April 7th. Finally, Stephens cut Red River Bancshares from an “overweight” rating to an “equal weight” rating and set a $94.00 price target for the company. in a report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Red River Bancshares has an average rating of “Hold” and a consensus price target of $80.50.

View Our Latest Stock Analysis on Red River Bancshares

About Red River Bancshares

(Free Report)

Red River Bancshares, Inc is a bank holding company headquartered in Alexandria, Louisiana, operating through its principal subsidiary, Red River Bank. Established in 1998, the company provides a full range of commercial banking services designed to meet the needs of individuals, small to mid-size businesses, and nonprofit organizations. Red River Bank has built its reputation on personalized customer service and a commitment to supporting economic growth within its service area.

The company’s core offerings include commercial and industrial lending, real estate financing, consumer and residential mortgage loans, and deposit products such as checking, savings, money market accounts and certificates of deposit.