Chicago Partners Investment Group LLC Purchases Shares of 7,252 Robert Half Inc. $RHI

Chicago Partners Investment Group LLC purchased a new stake in Robert Half Inc. (NYSE:RHI) during the second quarter, HoldingsChannel.com reports. The firm purchased 7,252 shares of the business services provider’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors have also made changes to their positions in RHI. GAMMA Investing LLC lifted its holdings in shares of Robert Half by 92.9% during the 1st quarter. GAMMA Investing LLC now owns 2,091 shares of the business services provider’s stock valued at $114,000 after acquiring an additional 1,007 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Robert Half by 4.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 76,378 shares of the business services provider’s stock valued at $4,166,000 after acquiring an additional 3,248 shares in the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Robert Half by 2.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 103,160 shares of the business services provider’s stock valued at $5,627,000 after acquiring an additional 2,869 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Robert Half by 11.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 82,705 shares of the business services provider’s stock valued at $4,456,000 after acquiring an additional 8,662 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Robert Half during the 1st quarter valued at $2,822,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

Robert Half Stock Performance

Shares of Robert Half stock opened at $29.07 on Friday. The firm has a market cap of $2.96 billion, a PE ratio of 18.88 and a beta of 1.02. The firm’s 50-day simple moving average is $34.52 and its 200-day simple moving average is $40.09. Robert Half Inc. has a 1 year low of $26.99 and a 1 year high of $78.41.

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

Robert Half Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 25th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Monday, August 25th. Robert Half’s dividend payout ratio is currently 153.25%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on RHI shares. UBS Group reduced their target price on shares of Robert Half from $30.00 to $27.00 and set a “sell” rating on the stock in a report on Thursday. JPMorgan Chase & Co. dropped their price target on shares of Robert Half from $47.00 to $45.00 and set a “neutral” rating on the stock in a research note on Thursday, July 24th. The Goldman Sachs Group dropped their price target on shares of Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a research note on Thursday. Barclays dropped their price target on shares of Robert Half from $45.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Truist Financial dropped their price target on shares of Robert Half from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price 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.