40,431 Shares in Robert Half Inc. $RHI Bought by AXQ Capital LP

AXQ Capital LP bought a new position in shares of Robert Half Inc. (NYSE:RHI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 40,431 shares of the business services provider’s stock, valued at approximately $1,660,000. Robert Half accounts for 0.5% of AXQ Capital LP’s holdings, making the stock its 25th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. lifted its stake in shares of Robert Half by 13.7% in the second quarter. Franklin Resources Inc. now owns 74,125 shares of the business services provider’s stock worth $3,043,000 after acquiring an additional 8,959 shares during the period. Legal & General Group Plc raised its holdings in Robert Half by 0.8% during the 2nd quarter. Legal & General Group Plc now owns 348,708 shares of the business services provider’s stock worth $14,314,000 after purchasing an additional 2,684 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Robert Half by 174.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 879,314 shares of the business services provider’s stock worth $36,096,000 after purchasing an additional 559,175 shares during the period. Magnetar Financial LLC bought a new stake in shares of Robert Half in the 2nd quarter valued at $1,631,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Robert Half in the 2nd quarter valued at $768,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

Insider Activity at Robert Half

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at this link. 3.10% of the stock is currently owned by corporate insiders.

Robert Half Stock Performance

Shares of RHI opened at $27.27 on Friday. Robert Half Inc. has a 52 week low of $25.22 and a 52 week high of $78.41. The stock has a 50 day moving average price of $30.54 and a two-hundred day moving average price of $37.28. The firm has a market capitalization of $2.76 billion, a P/E ratio of 17.71 and a beta of 1.01.

Robert Half (NYSE:RHI) last announced its 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. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.Robert Half’s quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. On average, equities analysts forecast 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. Stockholders of record on Tuesday, November 25th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $2.36 annualized dividend and a dividend yield of 8.7%. Robert Half’s dividend payout ratio is currently 153.25%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on RHI. The Goldman Sachs Group lowered their target price on shares of Robert Half from $31.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Robert Half in a research report on Monday. BMO Capital Markets cut their target price on Robert Half from $36.00 to $31.00 and set a “market perform” rating on the stock in a research report on Thursday, October 23rd. Truist Financial lowered their target price on Robert Half from $55.00 to $50.00 and set a “buy” rating for the company in a report on Monday, October 13th. Finally, Barclays dropped their price target on Robert Half from $45.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Robert Half has a consensus rating of “Reduce” and a consensus 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.