Resources Connection (RGP) Projected to Post Quarterly Earnings on Thursday

Resources Connection (NASDAQ:RGP - Get Free Report) will likely be issuing its Q4 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $134.50 million for the quarter.

Resources Connection Stock Performance

Shares of NASDAQ RGP traded down $0.11 during midday trading on Friday, hitting $5.61. 323,019 shares of the company's stock traded hands, compared to its average volume of 324,512. Resources Connection has a 1 year low of $4.81 and a 1 year high of $12.19. The stock has a market capitalization of $185.52 million, a price-to-earnings ratio of -1.71, a price-to-earnings-growth ratio of 0.45 and a beta of 0.64. The firm has a fifty day moving average of $5.44 and a 200 day moving average of $6.59.

Resources Connection Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, June 23rd will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Monday, June 23rd. Resources Connection's payout ratio is currently -8.54%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their price target on shares of Resources Connection from $9.50 to $5.00 and set an "underweight" rating for the company in a research report on Thursday, April 3rd.

Insider Transactions at Resources Connection

In related news, Director David P. White sold 5,204 shares of the stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $5.26, for a total value of $27,373.04. Following the completion of the sale, the director directly owned 24,331 shares of the company's stock, valued at approximately $127,981.06. This represents a 17.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.39% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Strs Ohio bought a new position in shares of Resources Connection during the 1st quarter valued at approximately $48,000. Empowered Funds LLC boosted its position in shares of Resources Connection by 7.3% during the 1st quarter. Empowered Funds LLC now owns 178,769 shares of the company's stock valued at $1,169,000 after acquiring an additional 12,231 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Resources Connection by 30.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 262,248 shares of the company's stock valued at $1,715,000 after acquiring an additional 61,580 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Resources Connection by 13.0% during the 1st quarter. AQR Capital Management LLC now owns 714,138 shares of the company's stock valued at $4,670,000 after acquiring an additional 82,099 shares during the last quarter. 93.23% of the stock is currently owned by institutional investors.

About Resources Connection

Resources Connection, Inc provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance.