Morningstar Investment Management LLC Invests $1.88 Million in Robert Half Inc. $RHI

Morningstar Investment Management LLC bought a new stake in shares of Robert Half Inc. (NYSE:RHI) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 73,832 shares of the business services provider’s stock, valued at approximately $1,875,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sei Investments Co. boosted its stake in Robert Half by 163.7% during the first quarter. Sei Investments Co. now owns 284,936 shares of the business services provider’s stock worth $7,237,000 after buying an additional 176,882 shares during the period. State of Wyoming raised its stake in shares of Robert Half by 30.4% in the first quarter. State of Wyoming now owns 6,173 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 1,438 shares during the period. First Trust Advisors LP lifted its holdings in shares of Robert Half by 281.2% in the 1st quarter. First Trust Advisors LP now owns 1,333,720 shares of the business services provider’s stock worth $33,876,000 after acquiring an additional 983,842 shares during the last quarter. Crescent Grove Advisors LLC bought a new stake in shares of Robert Half in the 1st quarter worth about $497,000. Finally, Heartland Advisors Inc. boosted its stake in shares of Robert Half by 88.3% during the 1st quarter. Heartland Advisors Inc. now owns 172,644 shares of the business services provider’s stock worth $4,385,000 after purchasing an additional 80,953 shares during the period. Hedge funds and other institutional investors own 92.41% of the company’s stock.

Key Robert Half News

Here are the key news stories impacting Robert Half this week:

• Positive Sentiment: Truist Financial raised its price target on Robert Half to $50, signaling continued analyst confidence in the stock’s longer-term potential. Truist Financial Boosts Robert Half (NYSE:RHI) Price Target to $50.00
• Positive Sentiment: Second-quarter revenue came in at $1.34 billion, topping estimates of $1.32 billion, which suggests demand was a bit better than expected. ROBERT HALF REPORTS SECOND-QUARTER FINANCIAL RESULTS
• Neutral Sentiment: Adjusted earnings of $0.26 per share matched consensus, so the quarter was neither a major beat nor a miss on profitability. Robert Half (RHI) Meets Q2 Earnings Estimates
• Neutral Sentiment: Management’s earnings call and transcript likely centered on navigating revenue declines and margin pressures, keeping the outlook cautious. Robert Half Inc. (RHI) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly earnings fell to $0.26 from $0.41 a year earlier, and revenue declined 2.4% year over year, underscoring slowing business conditions. Robert Half earnings report and conference call

Robert Half Price Performance

Robert Half stock opened at $35.44 on Friday. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 30.81 and a beta of 0.82. Robert Half Inc. has a 1 year low of $21.83 and a 1 year high of $42.25. The firm has a 50-day moving average of $32.22 and a two-hundred day moving average of $28.40.

Robert Half (NYSE:RHI) last released its quarterly earnings data on Thursday, July 23rd. The business services provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. Robert Half had a return on equity of 9.08% and a net margin of 2.17%.The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $0.41 EPS. Robert Half’s quarterly revenue was down 2.4% on a year-over-year basis. Research analysts expect that Robert Half Inc. will post 1.29 earnings per share for the current year.

Robert Half Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.59 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.7%. Robert Half’s payout ratio is presently 181.54%.

Analyst Upgrades and Downgrades

RHI has been the topic of a number of recent analyst reports. William Blair raised shares of Robert Half from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group upped their target price on Robert Half from $26.00 to $29.00 and gave the company a “sell” rating in a research note on Friday. Weiss Ratings upgraded Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 17th. Truist Financial raised their price target on Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Zacks Research upgraded Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $33.25.

Robert Half Company Profile

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.