Robert Half Inc. $RHI Shares Sold by KBC Group NV

KBC Group NV lowered its stake in Robert Half Inc. (NYSE:RHI) by 93.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,103 shares of the business services provider’s stock after selling 42,374 shares during the quarter. KBC Group NV’s holdings in Robert Half were worth $127,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of RHI. Jupiter Asset Management Ltd. boosted its holdings in Robert Half by 26.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 1,646,951 shares of the business services provider’s stock worth $67,607,000 after acquiring an additional 342,185 shares during the period. Allworth Financial LP grew its holdings in Robert Half by 60.5% during the 2nd quarter. Allworth Financial LP now owns 2,340 shares of the business services provider’s stock valued at $96,000 after purchasing an additional 882 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Robert Half by 21.4% during 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 purchasing an additional 22,099 shares in the last quarter. True Wealth Design LLC increased its stake in Robert Half by 393.8% during 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 during the period. Finally, Savant Capital LLC lifted its holdings 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. 92.41% of the stock is currently owned by hedge funds and other institutional investors.

Robert Half Stock Down 1.1%

Shares of Robert Half stock opened at $25.73 on Friday. The business has a 50-day moving average price of $30.71 and a 200 day moving average price of $37.40. Robert Half Inc. has a fifty-two week low of $25.22 and a fifty-two week high of $78.41. The firm has a market cap of $2.60 billion, a P/E ratio of 16.71 and a beta of 1.01.

Robert Half (NYSE:RHI) last issued its earnings results on Wednesday, October 22nd. The business services provider reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the firm earned $0.64 EPS. The business’s revenue 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, equities research analysts anticipate that Robert Half Inc. will post 2.48 earnings per share for the current year.

Robert Half Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, November 25th. This represents a $2.36 annualized dividend and a yield of 9.2%. Robert Half’s payout ratio is presently 153.25%.

Insider Buying and Selling at Robert Half

In other Robert Half news, Director Dirk A. Kempthorne sold 6,505 shares of the 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on RHI shares. UBS Group lowered their target price on Robert Half from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd. Wall Street Zen raised Robert Half from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. The Goldman Sachs Group lowered their price objective 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. Zacks Research raised Robert Half from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 21st. Finally, Barclays reduced their target price on Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $38.25.

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.