Elo Mutual Pension Insurance Co Has $1.01 Million Stock Holdings in Robert Half Inc. $RHI

Elo Mutual Pension Insurance Co lifted its holdings in Robert Half Inc. (NYSE:RHI) by 32.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 24,684 shares of the business services provider’s stock after purchasing an additional 6,063 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Robert Half were worth $1,013,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RHI. Manchester Capital Management LLC increased its position in Robert Half by 45.0% in the 1st quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 256 shares in the last quarter. Strengthening Families & Communities LLC lifted its position in shares of Robert Half by 11.9% during the second quarter. Strengthening Families & Communities LLC now owns 2,479 shares of the business services provider’s stock worth $102,000 after purchasing an additional 263 shares in the last quarter. Quarry LP grew its stake in shares of Robert Half by 540.8% during 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 last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Robert Half by 9.4% in the second quarter. Janney Montgomery Scott LLC now owns 4,952 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 424 shares in the last quarter. Finally, Yousif Capital Management LLC increased its holdings in shares of Robert Half by 1.1% in the second quarter. Yousif Capital Management LLC now owns 40,723 shares of the business services provider’s stock valued at $1,672,000 after purchasing an additional 427 shares in the last quarter. Institutional investors and hedge funds own 92.41% of the company’s stock.

Insider Activity at Robert Half

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the company’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $28.87, for a total value of $187,799.35. Following the completion of the sale, the director owned 11,712 shares in the company, valued at $338,125.44. This represents a 35.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.10% of the stock is currently owned by corporate insiders.

Robert Half Trading Down 0.8%

Shares of RHI opened at $27.04 on Friday. Robert Half Inc. has a 1 year low of $25.22 and a 1 year high of $78.41. The stock has a market cap of $2.74 billion, a P/E ratio of 17.56 and a beta of 1.01. The stock’s 50-day moving average price is $29.77 and its two-hundred day moving average price is $36.67.

Robert Half (NYSE:RHI) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the company posted $0.64 EPS. Robert Half’s revenue for the quarter was down 7.5% on a year-over-year basis. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. As a group, equities analysts forecast that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Tuesday, November 25th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $2.36 annualized dividend and a dividend yield of 8.7%. Robert Half’s payout ratio is 153.25%.

Analyst Ratings Changes

RHI has been the topic of several research reports. The Goldman Sachs Group reduced their price objective on Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a report on Thursday, October 23rd. Zacks Research downgraded Robert Half from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 19th. Truist Financial decreased their price target on Robert Half from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Monday, October 13th. 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 report on Thursday, October 23rd. Finally, UBS Group cut their target price on shares of 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 research analyst has rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Robert Half currently has a consensus rating of “Reduce” and an average target price of $38.25.

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.