Analysts Set Robert Half Inc. (NYSE:RHI) Price Target at $38.25

Robert Half Inc. (NYSE:RHI) has earned a consensus rating of “Reduce” from the ten brokerages that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $38.25.

Several equities analysts have recently weighed in on RHI shares. Barclays decreased their price target on shares of Robert Half from $45.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. UBS Group decreased their target price on shares of Robert Half from $30.00 to $27.00 and set a “sell” rating on the stock in a research note on Thursday, October 23rd. Zacks Research cut Robert Half from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 19th. The Goldman Sachs Group cut their price target on Robert Half from $31.00 to $27.00 and set a “sell” rating for the company in a report on Thursday, October 23rd. Finally, BMO Capital Markets reduced their price objective on Robert Half from $36.00 to $31.00 and set a “market perform” rating on the stock in a research report on Thursday, October 23rd.

Robert Half Price Performance

Shares of NYSE:RHI opened at $26.78 on Friday. Robert Half has a 1 year low of $25.22 and a 1 year high of $78.41. The firm has a market capitalization of $2.71 billion, a PE ratio of 17.39 and a beta of 0.85. The business’s 50 day moving average price is $29.21 and its 200-day moving average price is $36.10.

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

Robert Half Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Tuesday, November 25th will be given 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 dividend yield of 8.8%. Robert Half’s payout ratio is presently 153.25%.

Insider Activity

In related news, Director Dirk A. Kempthorne sold 6,505 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $28.87, for a total transaction of $187,799.35. Following the completion of the sale, the director directly owned 11,712 shares in the company, valued at approximately $338,125.44. This trade represents a 35.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Robert Half

Several hedge funds have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Robert Half by 6.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,097 shares of the business services provider’s stock valued at $1,478,000 after buying an additional 1,722 shares during the period. GSA Capital Partners LLP acquired a new stake in Robert Half during the first quarter worth $694,000. Vestcor Inc acquired a new stake in Robert Half during the first quarter worth $356,000. Bayforest Capital Ltd raised its position in Robert Half by 962.2% in the first quarter. Bayforest Capital Ltd now owns 4,525 shares of the business services provider’s stock valued at $247,000 after purchasing an additional 4,099 shares during the period. Finally, Jefferies Financial Group Inc. lifted its stake in shares of Robert Half by 119.4% in the 1st quarter. Jefferies Financial Group Inc. now owns 46,851 shares of the business services provider’s stock valued at $2,556,000 after purchasing an additional 25,498 shares during the last quarter. Hedge funds and other institutional investors 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.