SCHEDULE: Orbis Investment Management Discloses Robert Half Stake

Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd have jointly filed a Schedule 13G, reporting a combined beneficial ownership of 7.5% in Robert Half Inc. common stock as of March 31, 2026.

Summary

• Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd have filed a Schedule 13G, indicating their beneficial ownership of Robert Half Inc. common stock.
• The filing, dated March 31, 2026, reports a combined aggregate beneficial ownership of 7,545,564 shares.
• This represents 7.5% of the class of securities.
• Orbis Investment Management Ltd holds 7,541,327 shares, with sole voting and dispositive power.
• Allan Gray Australia Pty Ltd holds 4,237 shares, also with sole voting and dispositive power.
• Both entities are classified as Non-U.S. Institutions (FI) equivalent to Investment Advisers (IA).
• The filing clarifies that while made together, neither entity represents itself as a member of a group for Section 13(d)(3) purposes and disclaims beneficial ownership of shares held by the other.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership without providing new financial or operational information about the company.

Positives

• Significant disclosure of substantial beneficial ownership by investment management firms, providing transparency to the market.
• Orbis Investment Management Ltd holds a considerable stake, indicating confidence or strategic interest in Robert Half Inc.

Negatives

• The filing does not contain financial performance data or operational updates, limiting the assessment of the company's current health.
• Details regarding the specific reasons for the investment or any strategic intentions are not provided in this filing.

Risks

• The filing does not explicitly mention any risks associated with Robert Half Inc. or the investment itself.
• Potential future changes in ownership or investment strategy by Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd could impact Robert Half Inc.'s stock.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Robert Half Inc. management regarding future performance.

Management Comments

• Each Reporting Person disclaims beneficial ownership of any shares beneficially owned by any other Reporting Person as specified in Item 4(a).
• None of the Reporting Persons represents that it is a member of a group for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies. This filing indicates that Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd are substantial holders in the professional staffing and consulting services sector, represented by Robert Half Inc.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional ownership, which may influence market perception and trading activity.
• Management of Robert Half Inc.: Awareness of substantial holdings by Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd, potentially leading to engagement on corporate strategy.
• Competitors: No direct impact, but the filing provides insight into investment trends within the professional staffing and consulting sector.

Next Steps

• Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd will continue to hold their shares in Robert Half Inc. unless they decide to change their investment strategy.
• Robert Half Inc. is required to maintain accurate shareholder records and comply with SEC reporting requirements.

Key Dates

Keywords

Robert Half Inc., Schedule 13G, Orbis Investment Management Ltd, Allan Gray Australia Pty Ltd, Beneficial Ownership, SEC Filing, Investment Management, Common Stock, Securities Exchange Act