North Star Investment Management Corp. Raises Holdings in Resources Connection, Inc. $RGP

Posted by Brian Himes on Jun 30th, 2026

North Star Investment Management Corp. boosted its stake in shares of Resources Connection, Inc. (NASDAQ:RGP – Free Report) by 574.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 236,000 shares of the company’s stock after purchasing an additional 201,000 shares during the quarter. North Star Investment Management Corp.’s holdings in Resources Connection were worth $880,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. purchased a new position in shares of Resources Connection in the 4th quarter valued at about $31,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Resources Connection during the fourth quarter worth approximately $33,000. Strs Ohio purchased a new stake in shares of Resources Connection during the first quarter worth approximately $48,000. Quarry LP raised its holdings in Resources Connection by 4,995.7% in the third quarter. Quarry LP now owns 9,529 shares of the company’s stock valued at $48,000 after acquiring an additional 9,342 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in Resources Connection in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 93.23% of the company’s stock.

Resources Connection Stock Performance

NASDAQ:RGP opened at $4.37 on Tuesday. Resources Connection, Inc. has a 1 year low of $3.06 and a 1 year high of $6.30. The stock has a market cap of $150.02 million, a P/E ratio of -1.48 and a beta of 0.55. The stock has a 50-day simple moving average of $4.32 and a 200-day simple moving average of $4.27.

Resources Connection (NASDAQ:RGP – Get Free Report) last issued its earnings results on Wednesday, April 8th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The business had revenue of $107.93 million for the quarter, compared to analyst estimates of $108.19 million. Resources Connection had a negative return on equity of 0.55% and a negative net margin of 20.16%. On average, equities research analysts predict that Resources Connection, Inc. will post -0.29 EPS for the current year.

Resources Connection Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Thursday, May 21st were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 6.4%. The ex-dividend date was Thursday, May 21st. Resources Connection’s dividend payout ratio is currently -9.46%.

Wall Street Analyst Weigh In

Several research firms have commented on RGP. Zacks Research upgraded shares of Resources Connection from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Weiss Ratings upgraded shares of Resources Connection from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 15th. Finally, Wall Street Zen raised shares of Resources Connection from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $7.00.

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About Resources Connection

(Free Report)

Resources Connection, Inc (NASDAQ: RGP) is a publicly traded professional services firm that specializes in providing independent consulting and project-based teams to help organizations manage critical business challenges. Operating under the RGP brand, the company connects highly skilled consultants with clients seeking support in areas such as finance and accounting, legal and risk management, supply chain optimization, technology implementation, and digital transformation.

RGP’s consultants bring specific industry and functional expertise to engagements, working on a flexible basis that allows clients to scale resources up or down as needed.