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Robert Half Rallies as Q3 Results Signal Hiring Recovery

Investivoq PriceTracker

Robert Half Inc. (RHI) is up 22.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The sharp move appears tied to a better-than-feared third-quarter report and signs that Robert Half’s multiyear downturn in white-collar hiring may be easing. Investors also seem to be reacting to the company’s return to year-over-year growth in talent solutions, improving October trends, and fourth-quarter guidance that points to renewed earnings momentum.

Details:

  • Third-quarter revenue was $1.359 billion and earnings were $0.49 per share, with management saying enterprise earnings came in above the midpoint of its prior guidance.
  • Talent solutions revenue rose 2% on an adjusted basis, which management described as the first year-over-year increase since 2022; permanent placement revenue grew 6% and contract talent revenue grew 1%.
  • Management said hiring activity improved during the quarter, demand for risk and compliance consulting showed encouraging improvement, and October revenue trends were running above the same period last year in key staffing categories.
  • Fourth-quarter guidance called for revenue of $1.285 billion to $1.385 billion and earnings per share of $0.36 to $0.46, with the midpoint implying adjusted revenue growth of 3% and earnings growth of about 30% from the prior year. Several brokerages also lifted price targets after the release, adding to bullish sentiment.

    • Sources:

    SEC, Robert Half, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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    $RHI Hedge Fund Activity

    We have seen 259 institutional investors add shares of $RHI stock to their portfolio, and 177 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,832,636 shares (+inf%) to their portfolio in Q2 2026, for an estimated $117,661,925
    • ORBIS ALLAN GRAY LTD added 2,332,276 shares (+30.9%) to their portfolio in Q2 2026, for an estimated $71,600,873
    • HAWK RIDGE CAPITAL MANAGEMENT LP removed 1,785,400 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $54,811,780
    • CAPITAL WORLD INVESTORS removed 1,697,611 shares (-28.8%) from their portfolio in Q2 2026, for an estimated $52,116,657
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,610,153 shares (+838621.4%) to their portfolio in Q2 2026, for an estimated $49,431,697
    • BANK OF MONTREAL /CAN/ removed 1,427,139 shares (-61.9%) from their portfolio in Q2 2026, for an estimated $43,813,167
    • MILLENNIUM MANAGEMENT LLC removed 1,381,346 shares (-91.3%) from their portfolio in Q2 2026, for an estimated $42,407,322

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.