Chicago Partners Investment Group LLC Acquires New Position in Robert Half Inc. $RHI

Chicago Partners Investment Group LLC bought a new stake in Robert Half Inc. (NYSE:RHIFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,252 shares of the business services provider’s stock, valued at approximately $307,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its holdings in Robert Half by 5.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,618,177 shares of the business services provider’s stock valued at $197,372,000 after buying an additional 184,592 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Robert Half by 1.6% in the first quarter. Alliancebernstein L.P. now owns 3,268,435 shares of the business services provider’s stock valued at $178,293,000 after buying an additional 50,436 shares in the last quarter. Fiduciary Management Inc. WI increased its holdings in Robert Half by 14.4% in the first quarter. Fiduciary Management Inc. WI now owns 2,576,782 shares of the business services provider’s stock valued at $140,563,000 after buying an additional 325,241 shares in the last quarter. Pzena Investment Management LLC increased its holdings 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 valued at $97,587,000 after buying an additional 1,058,569 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Robert Half by 27.2% in the first quarter. AQR Capital Management LLC now owns 2,134,881 shares of the business services provider’s stock valued at $115,348,000 after buying an additional 457,025 shares in the last quarter. 92.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on RHI shares. Barclays dropped their target price on shares of Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a report on Thursday. UBS Group dropped their price objective on shares of Robert Half from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday. Zacks Research raised shares of Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Robert Half in a research note on Tuesday, October 14th. Finally, BMO Capital Markets dropped their price objective on shares of Robert Half from $36.00 to $31.00 and set a “market perform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Robert Half has an average rating of “Reduce” and a consensus price target of $38.25.

Read Our Latest Stock Analysis on Robert Half

Robert Half Stock Performance

Shares of NYSE RHI opened at $29.07 on Friday. Robert Half Inc. has a 1 year low of $26.99 and a 1 year high of $78.41. The firm’s 50 day moving average price is $34.52 and its 200 day moving average price is $40.09. The firm has a market cap of $2.96 billion, a P/E ratio of 18.88 and a beta of 1.02.

Robert Half (NYSE:RHIGet Free Report) last announced its 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 firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.36 billion. Robert Half had a net margin of 2.85% and a return on equity of 11.76%. Robert Half’s revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. As a group, equities analysts predict 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 was paid on Monday, September 15th. Shareholders of record on Monday, August 25th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date was Monday, August 25th. Robert Half’s dividend payout ratio (DPR) is 153.25%.

Robert Half Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Robert Half (NYSE:RHI)

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