Third Avenue Value Fund initiated a new position in Robert Half Inc. during the first quarter of 2026. The fund described Robert Half as a professional staffing company specializing in temporary placements in finance, accounting, technology, and administrative support, and noted it also operates the consulting firm Protiviti. The investment comes amid a three-year cyclical downturn in U.S. temporary staffing following a post-pandemic hiring surge, with temporary workers at a historically low share of the workforce. The fund argued that Robert Half's decades of proprietary candidate data and its two-sided professional network could prove valuable as artificial intelligence reshapes the industry.
Robert Half International IncThird Avenue Value Fund initiated a new position in Robert Half, signaling institutional confidence.