Robert Half Inc. $RHI Stake Raised by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. raised its holdings in shares of Robert Half Inc. (NYSE:RHI) by 26.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,646,951 shares of the business services provider’s stock after acquiring an additional 342,185 shares during the quarter. Jupiter Asset Management Ltd. owned approximately 1.61% of Robert Half worth $67,607,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Allworth Financial LP boosted its holdings in shares of Robert Half by 60.5% during the second quarter. Allworth Financial LP now owns 2,340 shares of the business services provider’s stock worth $96,000 after purchasing an additional 882 shares during the period. Illinois Municipal Retirement Fund increased its stake in Robert Half by 21.4% in the 2nd quarter. Illinois Municipal Retirement Fund now owns 125,259 shares of the business services provider’s stock valued at $5,142,000 after buying an additional 22,099 shares during the period. True Wealth Design LLC lifted its position in Robert Half by 393.8% in the 2nd quarter. True Wealth Design LLC now owns 963 shares of the business services provider’s stock worth $40,000 after buying an additional 768 shares in the last quarter. Savant Capital LLC lifted its position in Robert Half by 27.9% in the 2nd quarter. Savant Capital LLC now owns 26,478 shares of the business services provider’s stock worth $1,087,000 after buying an additional 5,781 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Robert Half by 6.6% during the 2nd quarter. Bank of Montreal Can now owns 51,389 shares of the business services provider’s stock valued at $2,110,000 after buying an additional 3,195 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

Wall Street Analyst Weigh In

RHI has been the topic of a number of research reports. UBS Group dropped their price target on shares of Robert Half from $30.00 to $27.00 and set a “sell” rating on the stock in a research note on Thursday, October 23rd. Zacks Research upgraded Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. BMO Capital Markets cut their price target on Robert Half from $36.00 to $31.00 and set a “market perform” rating for the company in a research note on Thursday, October 23rd. Wall Street Zen upgraded Robert Half from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Finally, The Goldman Sachs Group lowered their price target on Robert Half from $31.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Robert Half presently has a consensus rating of “Reduce” and an average target price of $38.25.

Robert Half Price Performance

Shares of NYSE:RHI opened at $27.70 on Wednesday. The stock has a market capitalization of $2.80 billion, a P/E ratio of 17.99 and a beta of 1.01. The business has a 50-day moving average of $32.09 and a two-hundred day moving average of $38.19. 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 EPS for the quarter, meeting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the firm posted $0.64 EPS. The firm’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. As a group, research analysts expect that Robert Half Inc. will post 2.48 EPS for the current fiscal year.

Robert Half Dividend Announcement

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

Insider Activity

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 11,712 shares of the company’s stock, valued at approximately $338,125.44. This represents a 35.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

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.