Boston Partners Reduces Stock Position in Robert Half Inc. $RHI

Boston Partners lessened its holdings in shares of Robert Half Inc. (NYSE:RHI) by 80.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 792,678 shares of the business services provider’s stock after selling 3,325,754 shares during the period. Boston Partners’ holdings in Robert Half were worth $32,483,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Robert Half during the first quarter valued at approximately $3,195,000. Pzena Investment Management LLC increased its position in Robert Half by 80.3% during the 2nd quarter. Pzena Investment Management LLC now owns 2,377,277 shares of the business services provider’s stock valued at $97,587,000 after purchasing an additional 1,058,569 shares during the period. Ieq Capital LLC raised its holdings in Robert Half by 43.8% in the 1st quarter. Ieq Capital LLC now owns 327,901 shares of the business services provider’s stock worth $17,887,000 after purchasing an additional 99,868 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of Robert Half by 119.4% in the 1st quarter. Jefferies Financial Group Inc. now owns 46,851 shares of the business services provider’s stock worth $2,556,000 after purchasing an additional 25,498 shares during the period. Finally, Brighton Jones LLC bought a new stake in shares of Robert Half during the 2nd quarter valued at about $858,000. Institutional investors own 92.41% of the company’s stock.

Insider Activity

In other news, Director Dirk A. Kempthorne sold 6,505 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $28.87, for a total value of $187,799.35. Following the transaction, the director owned 11,712 shares in the company, valued at approximately $338,125.44. This represents a 35.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

RHI has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Robert Half in a research note on Tuesday. UBS Group decreased their target price on Robert Half from $30.00 to $27.00 and set a “sell” rating for the company in a research report on Thursday, October 23rd. Zacks Research upgraded Robert Half from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 21st. Truist Financial reduced their price target on Robert Half from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Finally, Barclays lowered their price objective on Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a research report on Thursday, October 23rd. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Robert Half has an average rating of “Reduce” and an average price target of $38.25.

Robert Half Trading Down 0.0%

Shares of NYSE:RHI opened at $27.68 on Thursday. The stock has a fifty day simple moving average of $31.90 and a two-hundred day simple moving average of $38.11. Robert Half Inc. has a 12-month low of $25.22 and a 12-month high of $78.41. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 17.97 and a beta of 1.01.

Robert Half (NYSE:RHI) last released 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. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The company’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. As a group, equities research analysts predict that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $2.36 annualized dividend and a yield of 8.5%. Robert Half’s payout ratio is 153.25%.

Robert Half 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.