Stanley Capital Management LLC lifted its holdings in shares of Robert Half Inc. (NYSE:RHI – Free Report) by 113.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 301,493 shares of the business services provider’s stock after acquiring an additional 160,000 shares during the period. Robert Half makes up about 2.1% of Stanley Capital Management LLC’s investment portfolio, making the stock its 23rd biggest position. Stanley Capital Management LLC owned 0.30% of Robert Half worth $12,376,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the business. Manchester Capital Management LLC lifted its stake in Robert Half by 45.0% during the first quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider’s stock worth $45,000 after purchasing an additional 256 shares during the period. Strengthening Families & Communities LLC raised its holdings in shares of Robert Half by 11.9% in the 2nd quarter. Strengthening Families & Communities LLC now owns 2,479 shares of the business services provider’s stock worth $102,000 after buying an additional 263 shares in the last quarter. Quarry LP lifted its position in shares of Robert Half by 540.8% during the 1st quarter. Quarry LP now owns 487 shares of the business services provider’s stock worth $27,000 after buying an additional 411 shares during the period. Janney Montgomery Scott LLC boosted its stake in Robert Half by 9.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,952 shares of the business services provider’s stock valued at $203,000 after buying an additional 424 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its stake in Robert Half by 1.1% in the 2nd quarter. Yousif Capital Management LLC now owns 40,723 shares of the business services provider’s stock valued at $1,672,000 after buying an additional 427 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Robert Half
In related news, Director Dirk A. Kempthorne sold 6,505 shares of the business’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 transaction, the director directly owned 11,712 shares in the company, valued at approximately $338,125.44. The trade was a 35.71% decrease in their ownership of the stock. The sale 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 Trading Down 0.2%
Robert Half (NYSE:RHI – Get Free Report) last released its quarterly earnings results 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 firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the business 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. On average, equities research analysts predict that Robert Half Inc. will post 2.48 EPS for the current fiscal year.
Robert Half Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders 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 yield of 8.6%. The ex-dividend date is Tuesday, November 25th. Robert Half’s dividend payout ratio (DPR) is currently 153.25%.
Analyst Ratings Changes
RHI has been the subject of a number of analyst reports. BMO Capital Markets cut their price objective on Robert Half from $36.00 to $31.00 and set a “market perform” rating for the company in a report on Thursday, October 23rd. Zacks Research cut shares of Robert Half from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 19th. Barclays cut their price target on shares of Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. UBS Group decreased their price objective 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. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Robert Half in a report on Monday. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Robert Half currently has an average rating of “Reduce” and an average price target of $38.25.
View Our Latest Stock Report on Robert Half
About Robert Half
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.
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