Robert Half Inc. (NYSE:RHI) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Robert Half Inc. (NYSE:RHI) have been given a consensus recommendation of “Reduce” by the ten research firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $38.25.

A number of equities analysts have weighed in on RHI shares. Weiss Ratings restated a “sell (d+)” rating on shares of Robert Half in a research report on Tuesday, October 14th. UBS Group cut their target price on shares of Robert Half from $30.00 to $27.00 and set a “sell” rating for the company in a research note on Thursday, October 23rd. Truist Financial cut their target price on shares of Robert Half from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Barclays lowered their price objective on Robert Half from $45.00 to $36.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Finally, BMO Capital Markets lowered their price objective on Robert Half from $36.00 to $31.00 and set a “market perform” rating on the stock in a report on Thursday, October 23rd.

Robert Half Price Performance

NYSE:RHI opened at $26.16 on Monday. The firm has a market capitalization of $2.66 billion, a P/E ratio of 16.98 and a beta of 1.02. Robert Half has a 1-year low of $26.05 and a 1-year high of $78.41. The company’s fifty day moving average price is $33.63 and its 200-day moving average price is $39.14.

Robert Half (NYSE:RHI) last announced its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $0.43 earnings per share for the quarter, meeting the consensus estimate of $0.43. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Robert Half had a return on equity of 11.76% and a net margin of 2.85%.Robert Half’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period last year, the business earned $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. Equities analysts anticipate that Robert Half will post 2.48 EPS for the current fiscal year.

Robert Half Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, November 25th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend is Tuesday, November 25th. Robert Half’s dividend payout ratio (DPR) is 153.25%.

Insider Activity at Robert Half

In other Robert Half news, Director Dirk A. Kempthorne sold 6,505 shares of the firm’s stock in a transaction on 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 directly owned 11,712 shares of the company’s stock, valued at $338,125.44. This trade represents a 35.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Robert Half

Several large investors have recently modified their holdings of RHI. GAMMA Investing LLC raised its holdings in Robert Half by 92.9% in the 1st quarter. GAMMA Investing LLC now owns 2,091 shares of the business services provider’s stock valued at $114,000 after buying an additional 1,007 shares during the period. Teacher Retirement System of Texas increased its position in shares of Robert Half by 311.1% during the first quarter. Teacher Retirement System of Texas now owns 113,733 shares of the business services provider’s stock valued at $6,204,000 after acquiring an additional 86,065 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Robert Half by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 498,617 shares of the business services provider’s stock worth $27,200,000 after purchasing an additional 6,844 shares during the period. ARGA Investment Management LP purchased a new position in shares of Robert Half during the 1st quarter worth approximately $1,297,000. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of Robert Half by 0.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 98,204 shares of the business services provider’s stock worth $5,219,000 after purchasing an additional 580 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

About Robert Half

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.