Ethic Inc. bought a new position in Robert Half Inc. (NYSE:RHI – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 23,187 shares of the business services provider’s stock, valued at approximately $630,000.
A number of other institutional investors also recently bought and sold shares of RHI. Royal Bank of Canada boosted its stake in Robert Half by 19.3% in the 1st quarter. Royal Bank of Canada now owns 38,352 shares of the business services provider’s stock worth $2,092,000 after purchasing an additional 6,212 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Robert Half by 498.7% in the 1st quarter. Jones Financial Companies Lllp now owns 6,813 shares of the business services provider’s stock worth $372,000 after purchasing an additional 5,675 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Robert Half by 2.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 304,359 shares of the business services provider’s stock worth $16,603,000 after purchasing an additional 7,523 shares in the last quarter. Empowered Funds LLC boosted its stake in Robert Half by 91.8% in the 1st quarter. Empowered Funds LLC now owns 55,719 shares of the business services provider’s stock worth $3,039,000 after purchasing an additional 26,672 shares in the last quarter. Finally, Sivia Capital Partners LLC boosted its stake in Robert Half by 94.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,098 shares of the business services provider’s stock worth $332,000 after purchasing an additional 3,937 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently commented on RHI shares. Zacks Research cut shares of Robert Half from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Truist Financial lifted their price objective on shares of Robert Half from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Weiss Ratings upgraded shares of Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday. The Goldman Sachs Group lifted their price objective on shares of Robert Half from $24.00 to $27.00 and gave the company a “sell” rating in a research note on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Robert Half from $29.00 to $31.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Robert Half presently has a consensus rating of “Reduce” and an average target price of $31.75.
More Robert Half News
Here are the key news stories impacting Robert Half this week:
- Negative Sentiment: Zacks Research cut its FY2026 EPS estimate for Robert Half (RHI) to $1.32 from $1.50, signaling weaker near-term earnings expectations. Robert Half estimate cut
- Negative Sentiment: The analyst also reduced FY2027 earnings estimates to $2.01 from $2.24, reinforcing concerns that growth may be slower than previously expected. Robert Half estimate cut
- Negative Sentiment: Additional cuts were made to quarterly projections for Q2 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, broadening the downbeat outlook for Robert Half’s earnings path. Robert Half estimate cut
- Neutral Sentiment: At Robert Half’s annual meeting, shareholders backed the board, pay, and incentive plan, which removes a governance overhang but is not likely to be a major stock mover on its own. Shareholder vote article
- Neutral Sentiment: A separate Business Wire item referenced “RHI” in connection with Rajant Health Incorporated, but it appears unrelated to Robert Half Inc. and likely has no impact on NYSE:RHI. Unrelated article
Robert Half Stock Performance
Shares of NYSE RHI opened at $25.15 on Friday. The firm has a market cap of $2.57 billion, a PE ratio of 19.34 and a beta of 0.80. The firm has a fifty day moving average of $25.29 and a 200 day moving average of $26.62. Robert Half Inc. has a one year low of $21.83 and a one year high of $48.20.
Robert Half (NYSE:RHI – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The business services provider reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.34 billion. Robert Half had a net margin of 2.43% and a return on equity of 10.14%. The firm’s revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. On average, equities analysts predict that Robert Half Inc. will post 1.3 EPS for the current fiscal year.
Robert Half Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 22nd will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Friday, May 22nd. Robert Half’s payout ratio is presently 181.54%.
Robert Half Profile
Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.
The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.
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