Robert Half Inc. $RHI Shares Sold by Creative Planning

Creative Planning cut its holdings in Robert Half Inc. (NYSE:RHI) by 9.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,132 shares of the business services provider’s stock after selling 2,216 shares during the period. Creative Planning’s holdings in Robert Half were worth $909,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pzena Investment Management LLC boosted its holdings in Robert Half by 80.3% in the second quarter. Pzena Investment Management LLC now owns 2,377,277 shares of the business services provider’s stock valued at $97,587,000 after purchasing an additional 1,058,569 shares in the last quarter. Ieq Capital LLC lifted its position in shares of Robert Half by 43.8% during the 1st quarter. Ieq Capital LLC now owns 327,901 shares of the business services provider’s stock worth $17,887,000 after buying an additional 99,868 shares during the last quarter. Brighton Jones LLC purchased a new stake in shares of Robert Half during the 2nd quarter worth approximately $858,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Robert Half by 61.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 122,992 shares of the business services provider’s stock valued at $5,270,000 after buying an additional 46,614 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its position in shares of Robert Half by 21.4% in 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 buying an additional 22,099 shares during the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

Robert Half Trading Up 1.6%

Robert Half stock opened at $27.48 on Tuesday. The stock has a 50 day moving average of $29.62 and a two-hundred day moving average of $36.37. Robert Half Inc. has a twelve month low of $25.22 and a twelve month high of $78.41. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 17.84 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 (EPS) for the quarter, meeting analysts’ consensus estimates of $0.43. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was down 7.5% compared to the same quarter last year. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. Equities analysts predict that Robert Half Inc. will post 2.48 earnings per share for the current year.

Robert Half Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, November 25th. This represents a $2.36 dividend on an annualized basis and a yield of 8.6%. Robert Half’s dividend payout ratio is presently 153.25%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays reduced 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 research report on Thursday, October 23rd. BMO Capital Markets reduced their target price 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. UBS Group decreased their target price on Robert Half from $30.00 to $27.00 and set a “sell” rating for the company in a research report on Thursday, October 23rd. The Goldman Sachs Group dropped their price target on Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a research note on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Robert Half in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $38.25.

Insider Activity at Robert Half

In other news, Director Dirk A. Kempthorne sold 6,505 shares of Robert Half stock in a transaction dated 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 owned 11,712 shares of the company’s stock, valued at $338,125.44. The trade was a 35.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.10% of the company’s stock.

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.