Robert Half (NYSE:RHI) Price Target Raised to $50.00

Robert Half (NYSE:RHI) had its price objective hoisted by Truist Financial from $40.00 to $50.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the business services provider’s stock.

Several other equities analysts have also commented on the company. Weiss Ratings raised Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 17th. The Goldman Sachs Group boosted their target price on Robert Half from $23.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, July 14th. Zacks Research raised Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, William Blair raised Robert Half from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $33.25.

Robert Half Stock Down 6.4%

Shares of RHI opened at $35.44 on Wednesday. Robert Half has a 52-week low of $21.83 and a 52-week high of $42.25. The company has a market capitalization of $3.62 billion, a PE ratio of 30.81 and a beta of 0.82. The stock has a fifty day simple moving average of $32.22 and a two-hundred day simple moving average of $28.40.

Robert Half (NYSE:RHI) last posted its earnings results on Thursday, July 23rd. The business services provider reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. Robert Half had a return on equity of 9.08% and a net margin of 2.17%.The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. As a group, equities analysts anticipate that Robert Half will post 1.29 earnings per share for the current fiscal year.

Robert Half Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were given a $0.59 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.36 annualized dividend and a dividend yield of 6.7%. Robert Half’s dividend payout ratio (DPR) is presently 181.54%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Basecamp Wealth Advisors LLC raised its holdings in shares of Robert Half by 19.4% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 2,164 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 351 shares during the period. Quadrant Capital Group LLC increased its position in Robert Half by 3.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 12,069 shares of the business services provider’s stock worth $410,000 after buying an additional 407 shares during the period. IFP Advisors Inc grew its position in Robert Half by 9.0% during the fourth quarter. IFP Advisors Inc now owns 6,845 shares of the business services provider’s stock worth $186,000 after buying an additional 564 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Robert Half by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 56,746 shares of the business services provider’s stock worth $1,541,000 after acquiring an additional 601 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in Robert Half by 94.3% in the fourth quarter. Fifth Third Bancorp now owns 1,368 shares of the business services provider’s stock valued at $37,000 after buying an additional 664 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors.

Robert Half News Summary

Here are the key news stories impacting Robert Half this week:

• Positive Sentiment: Truist Financial raised its price target on Robert Half to $50, signaling continued analyst confidence in the stock’s longer-term potential. Truist Financial Boosts Robert Half (NYSE:RHI) Price Target to $50.00
• Positive Sentiment: Second-quarter revenue came in at $1.34 billion, topping estimates of $1.32 billion, which suggests demand was a bit better than expected. ROBERT HALF REPORTS SECOND-QUARTER FINANCIAL RESULTS
• Neutral Sentiment: Adjusted earnings of $0.26 per share matched consensus, so the quarter was neither a major beat nor a miss on profitability. Robert Half (RHI) Meets Q2 Earnings Estimates
• Neutral Sentiment: Management’s earnings call and transcript likely centered on navigating revenue declines and margin pressures, keeping the outlook cautious. Robert Half Inc. (RHI) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly earnings fell to $0.26 from $0.41 a year earlier, and revenue declined 2.4% year over year, underscoring slowing business conditions. Robert Half earnings report and conference call

About Robert Half

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest?standing and best?known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.