Robert Half (NYSE:RHI) Trading Down 7.6% – Here’s What Happened

Robert Half Inc. (NYSE:RHI)’s stock price fell 7.6% during mid-day trading on Wednesday . The stock traded as low as $24.21 and last traded at $24.08. 496,157 shares changed hands during trading, a decline of 84% from the average session volume of 3,148,772 shares. The stock had previously closed at $26.06.

Key Stories Impacting Robert Half

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

• Positive Sentiment: Shareholders approved Robert Half’s board, pay, and incentive plan at the annual meeting, reducing near-term governance uncertainty and signaling investor support. Robert Half Shareholders Back Board, Pay and Incentive Plan
• Neutral Sentiment: Robert Half also appeared in a business-wire item about a separate company using the ticker RHI, but that announcement is not directly relevant to Robert Half Inc.’s core business outlook. Latent AI and Rajant Health Incorporated (RHI) Partner…
• Negative Sentiment: Zacks Research cut its FY2026 EPS estimate for Robert Half to $1.32 from $1.50, suggesting softer earnings expectations ahead. Robert Half estimate cut
• Negative Sentiment: The firm also lowered its Q2 2026 EPS estimate to $0.27 from $0.36 and trimmed Q4 2026 to $0.44 from $0.51, pointing to weaker near-term profitability. Robert Half estimate cut
• Negative Sentiment: Additional cuts to FY2027 and quarterly 2027/2028 estimates, along with Zacks’ “Strong Sell” rating, may be reinforcing bearish sentiment toward the stock. Robert Half estimate cut

Wall Street Analyst Weigh In

Several research analysts have weighed in on RHI shares. BMO Capital Markets dropped their price target on Robert Half from $35.00 to $32.00 and set a “market perform” rating for the company in a research note on Tuesday, February 17th. Barclays dropped their target price on shares of Robert Half from $36.00 to $25.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th. Zacks Research downgraded shares of Robert Half from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. Robert W. Baird set a $50.00 price objective on shares of Robert Half in a report on Friday, January 30th. Finally, Weiss Ratings upgraded Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, Robert Half presently has an average rating of “Reduce” and an average target price of $31.75.

Robert Half Trading Up 1.4%

The business’s 50 day simple moving average is $25.28 and its 200 day simple moving average is $26.63. The firm has a market capitalization of $2.56 billion, a PE ratio of 19.25 and a beta of 0.80.

Robert Half (NYSE:RHI) last announced its quarterly earnings results on Thursday, April 23rd. The business services provider reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. Robert Half had a net margin of 2.43% and a return on equity of 10.14%. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the firm earned $0.17 EPS. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. Analysts forecast that Robert Half Inc. will post 1.36 earnings per share for the current year.

Robert Half Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 22nd will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Friday, May 22nd. Robert Half’s payout ratio is 181.54%.

Institutional Trading of Robert Half

Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its holdings in Robert Half by 19.3% during the 1st quarter. Royal Bank of Canada now owns 38,352 shares of the business services provider’s stock worth $2,092,000 after purchasing an additional 6,212 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Robert Half by 498.7% during the first quarter. Jones Financial Companies Lllp now owns 6,813 shares of the business services provider’s stock valued at $372,000 after buying an additional 5,675 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Robert Half by 2.5% in the first quarter. Goldman Sachs Group Inc. now owns 304,359 shares of the business services provider’s stock valued at $16,603,000 after acquiring an additional 7,523 shares in the last quarter. Empowered Funds LLC grew its holdings in Robert Half by 91.8% during the 1st quarter. Empowered Funds LLC now owns 55,719 shares of the business services provider’s stock worth $3,039,000 after acquiring an additional 26,672 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its holdings in Robert Half by 94.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,098 shares of the business services provider’s stock worth $332,000 after acquiring an additional 3,937 shares in the last quarter. Institutional investors own 92.41% of the company’s stock.

Robert Half Company Profile

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.