Q3 Earnings Forecast for Robert Half Issued By William Blair

Robert Half Inc. (NYSE:RHI - Free Report) - Analysts at William Blair dropped their Q3 2026 EPS estimates for shares of Robert Half in a report released on Thursday, April 24th. William Blair analyst T. Romeo now expects that the business services provider will post earnings per share of $0.80 for the quarter, down from their prior estimate of $0.98. The consensus estimate for Robert Half's current full-year earnings is $2.48 per share. William Blair also issued estimates for Robert Half's Q4 2026 earnings at $0.79 EPS.

A number of other research analysts have also commented on RHI. StockNews.com lowered shares of Robert Half from a "buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Barclays lowered their target price on shares of Robert Half from $50.00 to $45.00 and set an "equal weight" rating on the stock in a report on Thursday. Truist Financial set a $55.00 price objective on shares of Robert Half and gave the stock a "buy" rating in a report on Thursday. The Goldman Sachs Group decreased their price objective on shares of Robert Half from $46.00 to $40.00 and set a "sell" rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Robert Half from $65.00 to $47.00 and set a "neutral" rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $53.75.

Robert Half Trading Up 0.9 %

NYSE:RHI traded up $0.41 during midday trading on Friday, hitting $44.42. 2,331,102 shares of the company were exchanged, compared to its average volume of 1,497,628. The company has a market capitalization of $4.53 billion, a PE ratio of 18.20 and a beta of 1.13. Robert Half has a fifty-two week low of $40.00 and a fifty-two week high of $78.41. The company has a fifty day simple moving average of $52.26 and a 200 day simple moving average of $63.58.

Robert Half (NYSE:RHI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.17 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.19). Robert Half had a return on equity of 17.20% and a net margin of 4.34%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the business earned $0.61 earnings per share. Robert Half's revenue was down 8.4% compared to the same quarter last year.

Robert Half Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Tuesday, February 25th were issued a $0.59 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.36 dividend on an annualized basis and a yield of 5.31%. This is a boost from Robert Half's previous quarterly dividend of $0.53. Robert Half's dividend payout ratio (DPR) is presently 118.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RHI. Mawer Investment Management Ltd. boosted its holdings in Robert Half by 72.6% in the fourth quarter. Mawer Investment Management Ltd. now owns 8,079,597 shares of the business services provider's stock valued at $569,288,000 after acquiring an additional 3,398,257 shares during the last quarter. Boston Partners lifted its stake in shares of Robert Half by 17.5% during the fourth quarter. Boston Partners now owns 8,554,276 shares of the business services provider's stock worth $602,867,000 after purchasing an additional 1,271,237 shares in the last quarter. Norges Bank purchased a new stake in shares of Robert Half in the fourth quarter worth about $60,257,000. Balyasny Asset Management L.P. boosted its position in shares of Robert Half by 5,172.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 693,394 shares of the business services provider's stock worth $48,857,000 after buying an additional 680,242 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Robert Half by 293.3% in the fourth quarter. Wellington Management Group LLP now owns 831,359 shares of the business services provider's stock worth $58,578,000 after buying an additional 619,982 shares during the period. Institutional investors and hedge funds 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.