Robert Half(RHI)
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Protiviti Congratulates Brand Ambassador Matt Fitzpatrick on Victory at the Valspar Championship
Prnewswire· 2026-03-23 17:59
Protiviti Congratulates Brand Ambassador Matt Fitzpatrick on Victory at the Valspar Championship Accessibility StatementSkip Navigation MENLO PARK, Calif., March 23, 2026 /PRNewswire/ -- Protiviti golf brand ambassador and professional golfer Matt Fitzpatrick emerged victorious at the 2026 Valspar Championship on the Copperhead Course at Innisbrook Resort and Golf Club in Palm Harbor, FL. Fitzpatrick completed rounds of 68-69-68-68 (-11). This marks Fitzpatrick's 12th professional win of his career and thir ...
Only 26% of Directors Discuss AI at Every Board Meeting, Global Survey Finds
Prnewswire· 2026-03-18 09:58
Core Insights - Only 26% of corporate boards discuss AI at every meeting, indicating a lack of consistent engagement with this critical technology [1][2] - Organizations that regularly address AI at the board level achieve significantly higher returns on investment (ROI) compared to those that do not [1][2] Board Engagement and ROI - The survey reveals a strong correlation between board-level AI discussions and the financial value derived from AI technologies, suggesting that regular oversight is a key differentiator between AI leaders and laggards [2][5] - 63% of organizations reporting high AI ROI include AI discussions in every board meeting, while only 13% of low-ROI organizations do the same [5] Strategic Necessity of Board Oversight - As AI transitions from experimentation to enterprise-wide deployment, the role of the board becomes increasingly important, influenced by factors such as board composition, committee structure, and industry dynamics [4] - Engaging with AI as a standing strategic priority fosters better governance and sustainable value creation, positioning organizations to lead rather than react [5] AI Maturity and Organizational Focus - Organizations with lower AI maturity primarily focus on efficiency and cost reduction, while AI-mature organizations extend their focus to customer experience, innovation, and competitive positioning [6] - High ROI organizations show greater confidence in their responsible AI strategies (93%) compared to low ROI organizations (42%), and in their ability to integrate AI into operations (95% vs. 33%) [6]
Barclays Cuts Robert Half (RHI) Price Target to $25, Notes Limited AI Risk
Yahoo Finance· 2026-03-16 22:02
Robert Half Inc. (NYSE:RHI) is included among the 13 Extreme Dividend Stocks with Huge Upside Potential. Barclays Cuts Robert Half (RHI) Price Target to $25, Notes Limited AI Risk Photo by Vitaly Taranov on Unsplash On March 6, Barclays lowered its price recommendation for Robert Half Inc. (NYSE:RHI) to $25 from $36. It maintained an Equal Weight rating on the shares. The firm said that “low-to-no AI disruption exposure” keeps the business services group in a relatively more favorable position compared ...
Robert Half Selected by Newsweek as One of America's Most Charitable Companies 2026
Prnewswire· 2026-03-12 16:30
Core Insights - Robert Half has been recognized by Newsweek as one of America's Most Charitable Companies for 2026, highlighting its leadership in philanthropy and community support [1] Philanthropic Efforts - The recognition evaluates the charitable giving and employee volunteering efforts of the 2,000 largest U.S.-based public companies [1] - Robert Half's 2024 Corporate Responsibility Report details its community impact, including: - $1.7 million in company matching of employee donations and volunteer hours - Support for 2,400 nonprofits - Total community investment of $5.2 million, encompassing cash donations, volunteer time, and in-kind giving - 96,000 employee volunteer hours [1] Community Engagement Initiatives - The company launched the Deed community impact platform, which facilitates employee engagement in volunteer opportunities, donations, and organizing service events [1] - Robert Half also offers paid volunteer time and matching gifts to empower employees in their charitable efforts [1] Recognition and Awards - In addition to being named one of America's Most Charitable Companies, Robert Half has also been recognized as one of Newsweek's Most Responsible Companies and one of Forbes' Best Employers for Company Culture [1]
Rising Bill Rates & Solid Liquidity Aid Robert Half Amid Stiff Rivalry
ZACKS· 2026-03-11 17:01
Core Insights - Robert Half Inc. (RHI) is experiencing growth driven by its specialized staffing divisions, high-quality staffing solutions, rising contract talent bill rates, and strong profitability [1][4][11] - The company faces challenges from a weakening U.S. labor market, declining Revenue Per Employee (RPE), and a lack of long-term contracts [2][8][9] Financial Performance - RHI reported Q4 2025 earnings per share (EPS) of 32 cents, which beat estimates by 6.7%, but declined 39.6% year-over-year [12] - Total revenues for Q4 2025 were $1.3 billion, a decrease of 5.8% year-over-year, although it slightly exceeded consensus estimates [11][12] - The company has a current ratio of 1.53, indicating strong liquidity compared to the industry average of 1.35 [7] Business Operations - RHI's diversified business mix, particularly through its subsidiary Protiviti, enhances its service offerings in finance, technology, and operations across over 400 locations globally [3] - The company has seen a 3.2% year-over-year increase in contract talent bill rates, reflecting a shift towards high-skill roles in sectors with talent scarcity [4] Competitive Landscape - RHI's return on equity (ROE) stands at 10.3%, significantly above the industry average of 8.5%, indicating efficient capital utilization [5] - The staffing industry is highly competitive, impacting RHI's profitability and innovation capabilities, while the need for investment in technology and talent adds pressure [10]
Protiviti Announces Winners of Second Annual Audit Innovator Award
Prnewswire· 2026-03-10 15:58
Core Insights - Protiviti announced the winners of its second annual Audit Innovator Award, recognizing internal audit leaders who are transforming the profession through innovative strategies and technologies [1] Group 1: Award Winners - Morgan Stanley's Internal Audit Department was recognized for developing Assurance Hub, a platform that integrates risk assessment, planning, execution, and reporting, enhancing audit efficiency and transparency [1] - BNY's Internal Audit Department received recognition for its Agentic AI Initiative, which modernizes audit processes through AI-driven automation and advanced analytics, expanding audit coverage and accelerating risk analysis [1] - The Inter-American Development Bank's Internal Audit Department was acknowledged for its AUG Exploration Team, which fosters a culture of innovation and continuous learning among auditors [1] - Microsoft was recognized for its enterprise-wide innovation in internal audit, utilizing agile audits and advanced technologies to save thousands of hours and enhance audit processes [1] - The Depository Trust & Clearing Corporation (DTCC) was acknowledged for embedding scalable analytics into core audit work, improving real-time visibility and digital adoption through various initiatives [1] Group 2: Industry Context - The Institute of Internal Auditors emphasized the importance of innovation in internal audit, stating that as AI reshapes the risk landscape, practitioners must combine technological fluency with human judgment [1] - Protiviti operates globally with over 90 offices in more than 25 countries, providing expertise across various sectors, including technology, risk management, and internal audit [1] - The Institute of Internal Auditors serves over 265,000 members globally and is recognized as a leader in internal audit standards and education [1]
Robert Half survey: 67% of HR leaders report AI-generated applications are slowing hiring
Prnewswire· 2026-03-10 12:05
Core Insights - The use of AI in hiring is complicating the recruitment process, with 67% of HR leaders reporting that AI-generated applications are slowing down hiring timelines, and 20% experiencing delays of over 2 weeks [1][1][1] - 84% of HR teams are feeling overworked due to the increased time required to review AI-generated applications, leading to a heavier workload [1][1][1] Hiring Challenges - 65% of hiring managers find it more difficult to verify candidate skills due to a surge in AI-enhanced applications, which may fabricate or embellish work history [1][1][1] - The challenges posed by AI-generated applications are adding time, risk, and cost to the hiring process, particularly in a market where skilled talent is already scarce [1][1][1] Solutions and Strategies - To cope with the challenges, 67% of organizations are utilizing staffing firms for hiring support, with 89% of these firms proving effective in addressing AI-related hiring issues [1][1][1] - Staffing firms assist by delivering pre-evaluated talent quickly, conducting targeted skills assessments, and leveraging advanced tools for candidate verification [1][1][1] Importance of Human Expertise - The findings highlight the ongoing necessity for human expertise in talent assessment, as AI complicates the identification of suitable candidates [1][1][1] - Companies are increasingly recognizing the need for trusted experts to validate skills and expedite the hiring of qualified candidates [1][1][1]
Protiviti Announces Strategic Alliance with Fieldguide to Accelerate AI-Enabled Internal Audit, SOX, and Controls Transformation
Prnewswire· 2026-03-03 14:25
Core Insights - Protiviti has announced a strategic alliance with Fieldguide to enhance AI-enabled internal audit, SOX, and controls transformation [1] - The collaboration aims to integrate Fieldguide's advanced AI and workflow automation capabilities into Protiviti's global internal audit services, improving efficiency and quality of insights for clients [1] Company Overview - Protiviti is a global consulting firm recognized for its expertise in internal audit, risk management, and technology consulting, with over 90 offices in more than 25 countries [1] - Fieldguide is an AI-native platform focused on transforming audit and assurance work, designed specifically for regulated environments [1] Strategic Alliance Details - The partnership will enable Protiviti to streamline evidence gathering, improve documentation quality, and accelerate testing cycles in internal audits [1] - Fieldguide's platform supports key activities such as evidence request/review, sample selection, control evaluation, and creation of standardized audit-ready workpapers [1] Impact on Internal Audit Practices - The integration of Fieldguide's technology is expected to enhance the quality of testing, increase coverage, and provide deeper insights for clients navigating risk [1] - The platform is designed to maintain quality and reliability through structured workflows, reviewer checkpoints, and audit trails [1] Commitment to AI Governance - Both companies emphasize responsible and transparent use of AI in audit and risk functions, with Protiviti's expertise in AI governance and cybersecurity playing a crucial role [1] - The alliance aims to modernize assurance programs, helping organizations achieve higher assurance and stronger control environments [1]
RHI Magnesita 2025 Full Year Results: Disciplined Execution and Strong H2 Performance Deliver Resilient Earnings in Challenging Market Environment
Businesswire· 2026-03-02 09:30
Core Viewpoint - RHI Magnesita reported a resilient financial performance for the year ended December 31, 2025, despite a challenging market environment, aligning with market expectations driven by effective management strategies and a strong second-half performance [1] Financial Performance - Revenue decreased by 3% to €3.4 billion, reflecting the impact of market conditions [1]
BMO Capital Adjusts Robert Half (RHI) Forecast as Profit Recovery Slows
Yahoo Finance· 2026-02-25 16:27
Core Insights - Robert Half Inc. (NYSE:RHI) is recognized as one of the 13 most promising long-term stocks to buy according to hedge funds [1] - BMO Capital has lowered its price target for Robert Half from $35 to $32, maintaining a Market Perform rating due to a $17 million cost-action charge expected to impact profitability recovery into Q2 2026 [2] - The company's Q4 2025 earnings report indicated a global enterprise revenue of $1.302 billion, reflecting a 6% decline year-over-year on a reported basis and a 7% decrease on an adjusted basis, although there are signs of stabilization [2][3] Financial Performance - CEO M. Waddell noted that the company experienced positive sequential revenue growth on a same-day constant currency basis for the first time in over three years [2] - Operating cash flow for the quarter reached $183 million, an 18% increase compared to Q4 2024, and the company returned capital to shareholders with a dividend of $0.59 per share [3] Business Overview - Robert Half Inc. provides talent solutions and business consulting services through its Robert Half and Protiviti brands, organized into three segments: contract talent solutions, permanent placement talent solutions, and Protiviti [4]