Teacher Retirement System of Texas Has $5.66 Million Stock Holdings in Robert Half Inc. $RHI

Teacher Retirement System of Texas raised its stake in shares of Robert Half Inc. (NYSE:RHI) by 21.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 137,888 shares of the business services provider’s stock after buying an additional 24,155 shares during the period. Teacher Retirement System of Texas owned about 0.13% of Robert Half worth $5,660,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Quarry LP raised its position in shares of Robert Half by 540.8% in the first quarter. Quarry LP now owns 487 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 411 shares during the period. Manchester Capital Management LLC increased its position in shares of Robert Half by 45.0% during the first quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 256 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in Robert Half by 927.7% during the second quarter. Caitong International Asset Management Co. Ltd now owns 853 shares of the business services provider’s stock worth $35,000 after buying an additional 770 shares in the last quarter. Allworth Financial LP boosted its stake in Robert Half by 80.4% during the first quarter. Allworth Financial LP now owns 1,458 shares of the business services provider’s stock worth $80,000 after buying an additional 650 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Robert Half by 286.5% during the 1st quarter. Signaturefd LLC now owns 1,685 shares of the business services provider’s stock worth $92,000 after acquiring an additional 1,249 shares during the period. Institutional investors own 92.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. BMO Capital Markets cut their price objective 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. Zacks Research raised Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. Barclays cut their price objective on 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. 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. Finally, Truist Financial dropped their price objective on shares of Robert Half from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, October 13th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $38.25.

Insider Buying and Selling

In related news, Director Dirk A. Kempthorne sold 6,505 shares of Robert Half stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $28.87, for a total transaction of $187,799.35. Following the completion of the sale, the director directly owned 11,712 shares of the company’s stock, valued at approximately $338,125.44. This trade represents a 35.71% decrease in their position. 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.

Robert Half Price Performance

RHI stock opened at $26.57 on Friday. The stock has a market capitalization of $2.70 billion, a P/E ratio of 17.25 and a beta of 1.02. The business has a 50-day moving average of $33.86 and a 200-day moving average of $39.43. Robert Half Inc. has a fifty-two week low of $26.50 and a fifty-two week high of $78.41.

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 analysts’ consensus estimates of $0.43. Robert Half had a net margin of 2.85% and a return on equity of 11.76%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm earned $0.64 earnings per share. The firm’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 expect that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 25th were given a $0.59 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $2.36 annualized dividend and a dividend yield of 8.9%. Robert Half’s dividend payout ratio is presently 153.25%.

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.