Dirk Kempthorne Sells 6,505 Shares of Robert Half (NYSE:RHI) Stock

Robert Half Inc. (NYSE:RHI) Director Dirk 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 value of $187,799.35. Following the transaction, the director owned 11,712 shares of the company’s stock, valued at $338,125.44. This represents a 35.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Robert Half Price Performance

Shares of NYSE RHI opened at $26.16 on Friday. Robert Half Inc. has a fifty-two week low of $26.05 and a fifty-two week high of $78.41. The stock has a market capitalization of $2.66 billion, a PE ratio of 16.98 and a beta of 1.02. The business has a fifty day moving average price of $33.63 and a two-hundred day moving average price of $39.26.

Robert Half (NYSE:RHI) last issued its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.43 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.43. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. On average, equities analysts expect that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date is Tuesday, November 25th. Robert Half’s payout ratio is 153.25%.

Hedge Funds Weigh In On Robert Half

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RHI. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Robert Half in the 1st quarter worth $3,195,000. Pzena Investment Management LLC lifted its stake 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 worth $97,587,000 after purchasing an additional 1,058,569 shares during the last quarter. GAMMA Investing LLC lifted its stake in Robert Half by 92.9% in the first quarter. GAMMA Investing LLC now owns 2,091 shares of the business services provider’s stock worth $114,000 after purchasing an additional 1,007 shares during the last quarter. Ieq Capital LLC lifted its stake in Robert Half by 43.8% in the first quarter. Ieq Capital LLC now owns 327,901 shares of the business services provider’s stock worth $17,887,000 after purchasing an additional 99,868 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its stake in Robert Half by 119.4% in the first quarter. Jefferies Financial Group Inc. now owns 46,851 shares of the business services provider’s stock worth $2,556,000 after purchasing an additional 25,498 shares during the last quarter. 92.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

RHI has been the topic of several research analyst reports. UBS Group cut their target price on Robert Half from $30.00 to $27.00 and set a “sell” rating on the stock in a research report on Thursday, October 23rd. The Goldman Sachs Group cut their price target on Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a report on Thursday, October 23rd. Barclays lowered 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. JPMorgan Chase & Co. decreased their price target on Robert Half from $47.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, July 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Robert Half in a report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $38.25.

Robert Half Company 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.