Andra AP fonden Sells 3,923 Shares of Robert Half Inc. $RHI

Andra AP fonden trimmed its stake in Robert Half Inc. (NYSE:RHI) by 10.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,296 shares of the business services provider’s stock after selling 3,923 shares during the period. Andra AP fonden’s holdings in Robert Half were worth $1,449,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale grew its holdings in shares of Robert Half by 0.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 98,204 shares of the business services provider’s stock worth $5,219,000 after purchasing an additional 580 shares during the last quarter. Allworth Financial LP lifted its holdings in Robert Half by 80.4% during the 1st quarter. Allworth Financial LP now owns 1,458 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 650 shares during the last quarter. CWM LLC boosted its position in Robert Half by 37.3% in the first quarter. CWM LLC now owns 56,722 shares of the business services provider’s stock valued at $3,094,000 after buying an additional 15,416 shares in the last quarter. Isthmus Partners LLC grew its stake in Robert Half by 23.3% during the first quarter. Isthmus Partners LLC now owns 10,081 shares of the business services provider’s stock worth $550,000 after buying an additional 1,905 shares during the last quarter. Finally, MQS Management LLC acquired a new stake in shares of Robert Half during the first quarter worth approximately $310,000. 92.41% of the stock is currently owned by institutional investors and hedge funds.

Robert Half Stock Up 1.2%

NYSE:RHI opened at $26.32 on Friday. Robert Half Inc. has a 12-month low of $25.22 and a 12-month high of $78.41. The stock’s fifty day simple moving average is $32.51 and its 200-day simple moving average is $38.49. The firm has a market capitalization of $2.66 billion, a P/E ratio of 17.09 and a beta of 1.01.

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

Robert Half Announces Dividend

The company 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 $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Tuesday, November 25th. Robert Half’s dividend payout ratio is presently 153.25%.

Insiders Place Their Bets

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 value of $187,799.35. Following the sale, the director directly owned 11,712 shares in the company, valued at approximately $338,125.44. This trade represents a 35.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 3.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wall Street Zen raised Robert Half from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Zacks Research upgraded Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. The Goldman Sachs Group lowered their target price 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. Barclays reduced 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 report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Robert Half in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average 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.