Capital World Investors Amends Robert Half Inc. Stake

TL;DR

**Capital World Investors updated their Robert Half Inc. stake, signaling continued institutional interest.**

AI Summary

Capital World Investors, a major institutional investor, filed an amended SC 13G/A on February 9, 2024, indicating a change in their ownership of Robert Half Inc. common stock as of December 29, 2023. This filing, Amendment No. 2, shows that Capital World Investors continues to hold a significant stake in Robert Half Inc., a company specializing in help supply services. This matters to investors because large institutional holdings can signal confidence in a company's long-term prospects, but any reduction in their stake could be perceived negatively.

Why It Matters

Large institutional ownership can provide stability and signal confidence in a company, while changes in these holdings can influence market perception and stock price.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.

Analyst Insight

Investors should monitor subsequent filings from Capital World Investors to track any significant changes in their ownership percentage, as this could signal a shift in their investment thesis for Robert Half Inc.

Key Players & Entities

• Capital World Investors (company) — the reporting person and institutional investor
• Robert Half Inc. (company) — the subject company whose securities are being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• February 9, 2024 (date) — the filing date of the SC 13G/A
• 770323103 (number) — the CUSIP number for Robert Half Inc. Common Stock

FAQ

From the Filing

0001422848-24-000291.txt : 20240209 0001422848-24-000291.hdr.sgml : 20240209 20240209182127 ACCESSION NUMBER: 0001422848-24-000291 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROBERT HALF INC. CENTRAL INDEX KEY: 0000315213 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 941648752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32689 FILM NUMBER: 24616841 BUSINESS ADDRESS: STREET 1: 2884 SAND HILL RD STREET 2: STE 200 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6502346000 MAIL ADDRESS: STREET 1: 2884 SAND HILL RD. STREET 2: STE 200 CITY: MENLO PARK STATE: CA ZIP: 94025 FORMER COMPANY: FORMER CONFORMED NAME: ROBERT HALF INTERNATIONAL INC. DATE OF NAME CHANGE: 20230713 FORMER COMPANY: FORMER CONFORMED NAME: ROBERT HALF INC. DATE OF NAME CHANGE: 20230711 FORMER COMPANY: FORMER CONFORMED NAME: ROBERT HALF INTERNATIONAL INC. DATE OF NAME CHANGE: 20190716 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital World Investors CENTRAL INDEX KEY: 0001422849 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2 ) * Robert Half Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 770323103 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 770323103 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 14,576,600 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 14,610,380 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,610,380 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.8% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Robert Half Inc. (b) Address of Issuer's Principal Executive Offices 2884 Sand Hill Road, STE 200, Menlo Park, CA 94025 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 770323103 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2