Deprince Race & Zollo Inc. Grows Stake in Robert Half Inc. $RHI

Deprince Race & Zollo Inc. increased its stake in shares of Robert Half Inc. (NYSE:RHI) by 26.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,733,883 shares of the business services provider’s stock after purchasing an additional 357,814 shares during the period. Robert Half accounts for approximately 1.2% of Deprince Race & Zollo Inc.’s investment portfolio, making the stock its 19th biggest position. Deprince Race & Zollo Inc.’s holdings in Robert Half were worth $58,917,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of RHI. CWM LLC lifted its position in shares of Robert Half by 55.5% in the third quarter. CWM LLC now owns 204,808 shares of the business services provider’s stock valued at $6,959,000 after acquiring an additional 73,099 shares in the last quarter. Optas LLC acquired a new position in Robert Half in the 3rd quarter valued at $244,000. Brighton Jones LLC lifted its holdings in Robert Half by 12.8% in the 3rd quarter. Brighton Jones LLC now owns 23,580 shares of the business services provider’s stock valued at $801,000 after purchasing an additional 2,685 shares in the last quarter. Trust Point Inc. acquired a new stake in Robert Half during the 3rd quarter worth $266,000. Finally, Voya Investment Management LLC boosted its stake in Robert Half by 110.8% during the 3rd quarter. Voya Investment Management LLC now owns 35,656 shares of the business services provider’s stock worth $1,212,000 after purchasing an additional 18,745 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on RHI shares. Robert W. Baird set a $22.00 price target on shares of Robert Half in a research note on Friday, December 5th. Barclays cut their price objective 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, October 23rd. BNP Paribas Exane cut Robert Half from a “neutral” rating to an “underperform” rating and set a $22.00 target price on the stock. in a report on Friday, December 5th. Weiss Ratings restated a “sell (d)” rating on shares of Robert Half in a research report on Monday, December 22nd. Finally, 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 research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, Robert Half presently has a consensus rating of “Reduce” and an average price target of $32.22.

Insider Activity

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $28.87, for a total value of $187,799.35. Following the sale, the director directly owned 11,712 shares in the company, valued at approximately $338,125.44. The trade was a 35.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.10% of the company’s stock.

Robert Half Price Performance

Robert Half stock opened at $27.73 on Friday. The firm has a 50 day simple moving average of $27.40 and a 200-day simple moving average of $34.03. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 18.00 and a beta of 0.85. Robert Half Inc. has a 1-year low of $25.22 and a 1-year high of $72.31.

Robert Half (NYSE:RHI) last released its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates of $0.43. The firm had revenue of $1.35 billion for 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 firm’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. Equities analysts expect that Robert Half Inc. will post 2.48 earnings per share for the current fiscal year.

Robert Half Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Tuesday, November 25th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, November 25th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 8.5%. Robert Half’s dividend payout ratio is currently 153.25%.

Robert Half Company Profile

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.