Brighton Jones LLC Makes New $858,000 Investment in Robert Half Inc. $RHI

Brighton Jones LLC bought a new position in shares of Robert Half Inc. (NYSE:RHI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,895 shares of the business services provider’s stock, valued at approximately $858,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Focus Partners Advisor Solutions LLC increased its stake in Robert Half by 97.8% during the second quarter. Focus Partners Advisor Solutions LLC now owns 24,409 shares of the business services provider’s stock worth $1,002,000 after acquiring an additional 12,070 shares during the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of Robert Half by 25.7% in the second quarter. State of New Jersey Common Pension Fund D now owns 40,847 shares of the business services provider’s stock valued at $1,677,000 after buying an additional 8,361 shares in the last quarter. AlphaQuest LLC grew its stake in shares of Robert Half by 107.5% in the second quarter. AlphaQuest LLC now owns 34,721 shares of the business services provider’s stock valued at $1,425,000 after buying an additional 17,986 shares in the last quarter. ARGA Investment Management LP grew its stake in shares of Robert Half by 19.8% in the second quarter. ARGA Investment Management LP now owns 28,468 shares of the business services provider’s stock valued at $1,169,000 after buying an additional 4,700 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Robert Half by 927.7% in the second quarter. Caitong International Asset Management Co. Ltd now owns 853 shares of the business services provider’s stock valued at $35,000 after buying an additional 770 shares in the last quarter. Institutional investors and hedge funds own 92.41% of the company’s stock.

Wall Street Analysts Forecast Growth

RHI has been the subject of a number of research reports. BMO Capital Markets dropped their price objective on Robert Half from $36.00 to $31.00 and set a “market perform” rating for the company in a research note on Thursday, October 23rd. Barclays dropped their price objective on Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, October 23rd. Wall Street Zen raised Robert Half from a “sell” rating to a “hold” rating in a research note on Sunday, August 3rd. JPMorgan Chase & Co. dropped their price objective on Robert Half from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Thursday, July 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Robert Half in a research note on Tuesday, October 14th. One 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. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $38.25.

Robert Half Price Performance

Shares of NYSE RHI opened at $29.15 on Wednesday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 18.93 and a beta of 1.02. The business has a 50-day moving average of $34.24 and a two-hundred day moving average of $39.67. Robert Half Inc. has a 1 year low of $26.99 and a 1 year high of $78.41.

Robert Half (NYSE:RHI) last announced its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $0.43 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.43. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.Robert Half’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, August 25th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend was Monday, August 25th. Robert Half’s payout ratio is 153.25%.

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.