Robert Half (NYSE:RHI) Shares Up 6.7% – Should You Buy?

Robert Half Inc. (NYSE:RHI)’s stock price traded up 6.7% during trading on Tuesday . The company traded as high as $27.68 and last traded at $27.60. 1,599,383 shares were traded during trading, a decline of 11% from the average session volume of 1,803,246 shares. The stock had previously closed at $25.86.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on RHI. Barclays lowered their price objective on Robert Half from $45.00 to $36.00 and set an “equal weight” rating for the company in a research report on Thursday, October 23rd. The Goldman Sachs Group dropped their target price on shares of Robert Half from $31.00 to $27.00 and set a “sell” rating on the stock in a research report on Thursday, October 23rd. JPMorgan Chase & Co. decreased their price target on shares of Robert Half from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, July 24th. Zacks Research upgraded shares of Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. Finally, BMO Capital Markets cut their target price 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. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $38.25.

Robert Half Price Performance

The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 17.99 and a beta of 1.01. The firm has a fifty day simple moving average of $32.28 and a 200 day simple moving average of $38.30.

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

Robert Half Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Tuesday, November 25th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 8.5%. The ex-dividend date is Tuesday, November 25th. Robert Half’s payout ratio is presently 153.25%.

Insider Activity at Robert Half

In other Robert Half news, Director Dirk A. Kempthorne sold 6,505 shares of the stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $28.87, for a total transaction of $187,799.35. Following the completion of the transaction, the director owned 11,712 shares of the company’s stock, valued at $338,125.44. This represents a 35.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Robert Half

A number of hedge funds have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in Robert Half by 190.5% during the second quarter. AQR Capital Management LLC now owns 6,201,209 shares of the business services provider’s stock worth $254,560,000 after purchasing an additional 4,066,328 shares during the period. Jupiter Asset Management Ltd. purchased a new stake in shares of Robert Half during the 1st quarter valued at approximately $71,175,000. Qube Research & Technologies Ltd raised its position in shares of Robert Half by 1,478.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,145,456 shares of the business services provider’s stock valued at $47,021,000 after buying an additional 1,072,895 shares during the period. Norges Bank purchased a new position in Robert Half in the second quarter worth approximately $43,804,000. Finally, Pzena Investment Management LLC increased its stake in Robert Half by 80.3% during the second quarter. Pzena Investment Management LLC now owns 2,377,277 shares of the business services provider’s stock worth $97,587,000 after acquiring an additional 1,058,569 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.