Robert Half (NYSE:RHI) Posts Quarterly Earnings Results, Hits Estimates

Robert Half (NYSE:RHI) announced its quarterly earnings results on Thursday. The business services provider reported $0.26 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.26, FiscalAI reports. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robert Half had a return on equity of 10.14% and a net margin of 2.43%.The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS.

Here are the key takeaways from Robert Half’s conference call:

• Robert Half reported Q2 2026 revenue of $1.336 billion, down 2% reported and 3% adjusted year over year, but results still came in above the midpoint of guidance.
• Talent Solutions improved sequentially for a third straight quarter on an adjusted basis, and Permanent Placement returned to year-over-year growth, signaling a gradual staffing recovery.
• Protiviti remained under pressure, with adjusted revenue down 5% year over year as U.S. financial services regulatory changes reduced demand for larger remediation projects.
• Management said Protiviti took restructuring actions in Q2 that generated $45 million of annualized cost savings, and the company expects those savings to support better margins going forward.
• The company sounded more constructive on the outlook, guiding Q3 revenue of $1.31 billion to $1.41 billion with Talent Solutions expected to grow year over year and management expressing confidence that both staffing and Protiviti can eventually return to growth.

Robert Half Stock Performance

Shares of RHI opened at $37.95 on Friday. Robert Half has a one year low of $21.83 and a one year high of $42.65. The stock’s fifty day moving average is $32.02 and its 200-day moving average is $28.35. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 29.20 and a beta of 0.82.

Robert Half Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were paid a $0.59 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.36 annualized dividend and a dividend yield of 6.2%. Robert Half’s dividend payout ratio is presently 181.54%.

Hedge Funds Weigh In On Robert Half

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

Robert Half News Summary

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

• Positive Sentiment: Truist Financial lifted its price target on Robert Half (RHI) to $50 and kept a Buy rating, pointing to continued upside potential. Truist Financial Boosts Robert Half (NYSE:RHI) Price Target to $50.00
• Positive Sentiment: Second-quarter revenue came in above estimates at $1.34 billion, showing better-than-expected demand in the quarter. ROBERT HALF REPORTS SECOND-QUARTER FINANCIAL RESULTS
• Neutral Sentiment: Adjusted earnings of $0.26 per share matched analyst estimates, which is reassuring but not enough on its own to drive a strong re-rating. Robert Half (RHI) Meets Q2 Earnings Estimates
• Negative Sentiment: Year-over-year revenue and EPS both declined, highlighting weaker operating momentum versus last year. Robert Half (NYSE:RHI) posts better-than-expected sales in Q2 CY2026 but stock drops

Analysts Set New Price Targets

A number of research analysts recently commented on RHI shares. Weiss Ratings upgraded Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, June 17th. Truist Financial raised their target price on Robert Half from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday. William Blair upgraded shares of Robert Half from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group increased their price objective on shares of Robert Half from $23.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, July 14th. Finally, Zacks Research raised shares of Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $32.88.

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.