Susquehanna International Group LLP Purchases 113,607 Shares of RPC, Inc. $RES

Posted by George Bondi on Aug 31st, 2026

Susquehanna International Group LLP raised its position in shares of RPC, Inc. (NYSE:RES – Free Report) by 146.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,227 shares of the oil and gas company’s stock after acquiring an additional 113,607 shares during the period. Susquehanna International Group LLP owned approximately 0.09% of RPC worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in RPC in the second quarter worth $90,891,000. Dimensional Fund Advisors LP grew its stake in shares of RPC by 7.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,543,337 shares of the oil and gas company’s stock worth $88,809,000 after buying an additional 883,118 shares in the last quarter. State Street Corp increased its holdings in shares of RPC by 6.1% in the 4th quarter. State Street Corp now owns 4,049,407 shares of the oil and gas company’s stock worth $22,029,000 after buying an additional 233,646 shares during the last quarter. IES Holdings Inc. purchased a new stake in shares of RPC during the 4th quarter valued at about $14,144,000. Finally, Van ECK Associates Corp raised its position in shares of RPC by 13.0% during the 4th quarter. Van ECK Associates Corp now owns 2,508,890 shares of the oil and gas company’s stock valued at $13,648,000 after buying an additional 288,917 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on RES shares. Weiss Ratings lowered RPC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Susquehanna lowered their price objective on RPC from $7.50 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $6.00.

Get Our Latest Analysis on RES

RPC Stock Up 0.2%

Shares of NYSE:RES opened at $6.41 on Monday. The firm has a market capitalization of $1.42 billion, a PE ratio of 71.22 and a beta of 0.67. The business has a 50 day simple moving average of $5.92 and a two-hundred day simple moving average of $6.47. RPC, Inc. has a 1 year low of $4.18 and a 1 year high of $8.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.34 and a quick ratio of 2.76.

RPC (NYSE:RES – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. RPC had a return on equity of 4.82% and a net margin of 1.28%.The firm had revenue of $460.87 million for the quarter, compared to the consensus estimate of $463.48 million. During the same period in the prior year, the business posted $0.08 earnings per share. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities analysts predict that RPC, Inc. will post 0.26 EPS for the current year.

RPC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, August 10th. RPC’s dividend payout ratio (DPR) is 177.78%.

RPC Company Profile

(Free Report)

RPC, Inc (NYSE: RES) provides essential equipment and services to companies engaged in the exploration, production and maintenance of oil and natural gas wells. The firm operates as an equity interest holding company, partnering with a network of independent service businesses to deliver a comprehensive suite of offerings for well completion and production operations.

Through its affiliated service companies, RPC offers pressure pumping and fracturing services, coiled tubing and nitrogen pumping, downhole tools and telemetry solutions, well intervention and workover services, along with rental tools and supply-chain logistics.