20,895 Shares in Robert Half Inc. $RHI Bought by Brighton Jones LLC

Brighton Jones LLC acquired a new position in shares of Robert Half Inc. (NYSE:RHI) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 20,895 shares of the business services provider’s stock, valued at approximately $858,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Focus Partners Advisor Solutions LLC lifted its stake in shares of Robert Half by 97.8% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 24,409 shares of the business services provider’s stock worth $1,002,000 after purchasing an additional 12,070 shares during the last quarter. State of New Jersey Common Pension Fund D increased its position in Robert Half by 25.7% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 40,847 shares of the business services provider’s stock valued at $1,677,000 after buying an additional 8,361 shares in the last quarter. AlphaQuest LLC increased its position in Robert Half by 107.5% during the 2nd quarter. AlphaQuest LLC now owns 34,721 shares of the business services provider’s stock valued at $1,425,000 after buying an additional 17,986 shares in the last quarter. ARGA Investment Management LP increased its position in Robert Half by 19.8% during the 2nd quarter. ARGA Investment Management LP now owns 28,468 shares of the business services provider’s stock valued at $1,169,000 after buying an additional 4,700 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in Robert Half by 927.7% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 853 shares of the business services provider’s stock valued at $35,000 after buying an additional 770 shares in the last quarter. 92.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

RHI has been the topic of several recent analyst reports. Barclays reduced their target price on Robert Half from $45.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. JPMorgan Chase & Co. reduced their target price on Robert Half from $47.00 to $45.00 and set a “neutral” rating on the stock in a research report on Thursday, July 24th. Truist Financial reduced their target price on Robert Half from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. UBS Group cut their price objective on Robert Half from $30.00 to $27.00 and set a “sell” rating on the stock in a report on Thursday, October 23rd. Finally, Zacks Research raised Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Robert Half presently has an average rating of “Reduce” and an average price target of $38.25.

Robert Half Stock Performance

Shares of RHI stock opened at $29.15 on Wednesday. Robert Half Inc. has a fifty-two week low of $26.99 and a fifty-two week high of $78.41. The firm has a market capitalization of $2.97 billion, a PE ratio of 18.93 and a beta of 1.02. The stock’s 50-day simple moving average is $34.24 and its 200-day simple moving average is $39.67.

Robert Half (NYSE:RHI) last issued its earnings results on Wednesday, October 22nd. The business services provider reported $0.43 EPS for the quarter, hitting analysts’ consensus estimates of $0.43. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the business earned $0.64 earnings per share. The company’s revenue was down 7.5% compared to the same quarter last year. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. Sell-side analysts forecast that Robert Half Inc. will post 2.48 earnings per share for the current year.

Robert Half Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 25th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 8.1%. The ex-dividend date was Monday, August 25th. Robert Half’s dividend payout ratio (DPR) is 153.25%.

Robert Half Company Profile

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.