Robert Half Inc. $RHI Shares Sold by Swiss National Bank

Swiss National Bank cut its holdings in Robert Half Inc. (NYSE:RHI) by 2.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 194,800 shares of the business services provider’s stock after selling 5,200 shares during the quarter. Swiss National Bank owned about 0.19% of Robert Half worth $7,997,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RHI. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Robert Half by 6.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,097 shares of the business services provider’s stock valued at $1,478,000 after purchasing an additional 1,722 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Robert Half during the 1st quarter worth approximately $694,000. Vestcor Inc acquired a new position in Robert Half during the 1st quarter valued at approximately $356,000. Bayforest Capital Ltd raised its holdings in shares of Robert Half by 962.2% in the first quarter. Bayforest Capital Ltd now owns 4,525 shares of the business services provider’s stock worth $247,000 after buying an additional 4,099 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its stake in shares of Robert Half by 119.4% during the first quarter. Jefferies Financial Group Inc. now owns 46,851 shares of the business services provider’s stock worth $2,556,000 after buying an additional 25,498 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

Robert Half Stock Performance

Shares of RHI opened at $27.04 on Friday. The business’s 50-day moving average is $29.77 and its two-hundred day moving average is $36.59. The company has a market capitalization of $2.74 billion, a P/E ratio of 17.56 and a beta of 1.01. Robert Half Inc. has a fifty-two week low of $25.22 and a fifty-two week high of $78.41.

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

Robert Half Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 8.7%. The ex-dividend date is Tuesday, November 25th. Robert Half’s dividend payout ratio is currently 153.25%.

Insider Buying and Selling

In other news, Director Dirk A. Kempthorne sold 6,505 shares of the firm’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 transaction of $187,799.35. Following the sale, the director owned 11,712 shares of the company’s stock, valued at $338,125.44. This trade represents a 35.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on RHI shares. Zacks Research lowered shares of Robert Half from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 19th. Wall Street Zen raised Robert Half from a “sell” rating to a “hold” rating in a research report on Sunday, August 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of Robert Half in a report on Monday, November 24th. Truist Financial reduced their price objective on Robert Half from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Finally, Barclays decreased their target price on Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Robert Half has a consensus rating of “Reduce” and a consensus price target of $38.25.

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.