Seizert Capital Partners LLC Has $21.64 Million Stake in Robert Half Inc. $RHI

Seizert Capital Partners LLC reduced its position in shares of Robert Half Inc. (NYSE:RHI) by 12.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 527,223 shares of the business services provider’s stock after selling 78,089 shares during the quarter. Seizert Capital Partners LLC’s holdings in Robert Half were worth $21,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jupiter Asset Management Ltd. acquired a new position in shares of Robert Half during the 1st quarter worth about $71,175,000. Pzena Investment Management LLC increased its holdings in shares of Robert Half by 80.3% during the 2nd quarter. Pzena Investment Management LLC now owns 2,377,277 shares of the business services provider’s stock worth $97,587,000 after acquiring an additional 1,058,569 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Robert Half by 27.2% during the 1st quarter. AQR Capital Management LLC now owns 2,134,881 shares of the business services provider’s stock worth $115,348,000 after buying an additional 457,025 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Robert Half by 73.3% during the 1st quarter. Invesco Ltd. now owns 892,336 shares of the business services provider’s stock worth $48,677,000 after buying an additional 377,305 shares during the period. Finally, Fiduciary Management Inc. WI boosted its holdings in shares of Robert Half by 14.4% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,576,782 shares of the business services provider’s stock worth $140,563,000 after buying an additional 325,241 shares during the period. Institutional investors own 92.41% of the company’s stock.

Insider Buying and Selling at Robert Half

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $28.87, for a total transaction of $187,799.35. Following the sale, the director owned 11,712 shares in the company, valued at approximately $338,125.44. This trade represents a 35.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on RHI. The Goldman Sachs Group lowered their price target on shares of Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a report on Thursday, October 23rd. BMO Capital Markets decreased their target price on Robert Half from $36.00 to $31.00 and set a “market perform” rating on the stock in a research report on Thursday, October 23rd. Wall Street Zen raised Robert Half from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Robert Half in a research note on Monday. Finally, UBS Group lowered their price objective 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. 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 company. According to data from MarketBeat, Robert Half currently has a consensus rating of “Reduce” and a consensus target price of $38.25.

Robert Half Trading Up 0.4%

Shares of RHI stock opened at $26.26 on Wednesday. The stock has a market cap of $2.66 billion, a P/E ratio of 17.05 and a beta of 1.01. Robert Half Inc. has a 1 year low of $25.22 and a 1 year high of $78.41. The stock has a 50 day simple moving average of $31.10 and a 200 day simple moving average of $37.56.

Robert Half (NYSE:RHI) last announced its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.43 earnings per share for the quarter, meeting the consensus estimate of $0.43. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The company’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 EPS. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. Analysts forecast that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Tuesday, November 25th. Robert Half’s dividend payout ratio (DPR) is currently 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.