Robert Half Inc. (NYSE:RHI) Receives Average Recommendation of "Reduce" from Brokerages

Robert Half Inc. (NYSE:RHI) has received a consensus "Reduce" rating from ten research firms. Analysts have set an average 12-month price target of $38.25. Recent analyst actions include Goldman Sachs lowering its target to $27.00 with a "sell" rating, while Truist Financial set a $50.00 target with a "buy" rating. The company reported Q3 earnings of $0.43 per share, matching estimates, with revenue down 7.5% year-over-year. A quarterly dividend of $0.59 per share was announced, yielding 8.7%.

Shares of Robert Half Inc. (NYSE:RHI - Get Free Report) have earned a consensus rating of "Reduce" from the ten research firms that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $38.25.

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Several analysts have recently weighed in on the company. The Goldman Sachs Group reduced their price target on Robert Half from $31.00 to $27.00 and set a "sell" rating on the stock in a report on Thursday, October 23rd. Weiss Ratings reiterated a "sell (d)" rating on shares of Robert Half in a research report on Monday. Truist Financial decreased their price target on shares of Robert Half from $55.00 to $50.00 and set a "buy" rating for the company in a research report on Monday, October 13th. Wall Street Zen raised shares of Robert Half from a "sell" rating to a "hold" rating in a research note on Sunday, August 3rd. Finally, UBS Group cut their price target on shares of Robert Half from $30.00 to $27.00 and set a "sell" rating on the stock in a report on Thursday, October 23rd.

Read Our Latest Report on Robert Half

Robert Half Stock Performance

Upwork Capitalizes on the Growing AI Gig Economy

Shares of RHI opened at $27.25 on Friday. Robert Half has a 52 week low of $25.22 and a 52 week high of $78.41. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of 17.70 and a beta of 1.01. The stock has a fifty day moving average of $29.92 and a 200-day moving average of $36.81.

Robert Half (NYSE:RHI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.43 earnings per share for the quarter, hitting analysts' consensus estimates of $0.43. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the company posted $0.64 EPS. Robert Half's quarterly revenue was down 7.5% compared to the same quarter last year. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. As a group, equities analysts forecast that Robert Half will post 2.48 EPS for the current year.

Robert Half Announces Dividend

Robert Half International Stock is Jobs Boom Play

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $2.36 annualized dividend and a yield of 8.7%. Robert Half's payout ratio is presently 153.25%.

Insider Activity at Robert Half

In other news, Director Dirk A. Kempthorne sold 6,505 shares of the stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $28.87, for a total value of $187,799.35. Following the completion of the sale, the director owned 11,712 shares of the company's stock, valued at approximately $338,125.44. This represents a 35.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 3.10% of the company's stock.

Hedge Funds Weigh In On Robert Half

A number of hedge funds and other institutional investors have recently made changes to their positions in RHI. Quarry LP increased its position in Robert Half by 540.8% during the 1st quarter. Quarry LP now owns 487 shares of the business services provider's stock valued at $27,000 after purchasing an additional 411 shares during the period. Manchester Capital Management LLC boosted its stake in shares of Robert Half by 45.0% in the 1st quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider's stock valued at $45,000 after purchasing an additional 256 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Robert Half during the second quarter worth $34,000. Caitong International Asset Management Co. Ltd increased its position in shares of Robert Half by 927.7% during the second quarter. Caitong International Asset Management Co. Ltd now owns 853 shares of the business services provider's stock worth $35,000 after buying an additional 770 shares during the period. Finally, True Wealth Design LLC raised its stake in Robert Half by 393.8% during the second quarter. True Wealth Design LLC now owns 963 shares of the business services provider's stock worth $40,000 after buying an additional 768 shares during the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

Robert Half Company Profile

(Get Free Report)

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.

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