Truist Financial Boosts Robert Half (NYSE:RHI) Price Target to $50.00

Robert Half (NYSE:RHI) had its price objective upped by equities research analysts at Truist Financial from $40.00 to $50.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the business services provider’s stock. Truist Financial’s price target points to a potential upside of 31.73% from the company’s current price.

Other research analysts also recently issued research reports about the stock. William Blair upgraded shares of Robert Half from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, June 17th. Zacks Research upgraded shares of Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, The Goldman Sachs Group increased their price target on Robert Half from $23.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $32.88.

Robert Half Stock Performance

RHI opened at $37.95 on Wednesday. The company’s 50-day simple moving average is $32.02 and its two-hundred day simple moving average is $28.35. The stock has a market capitalization of $3.88 billion, a P/E ratio of 29.20 and a beta of 0.82. Robert Half has a 52-week low of $21.83 and a 52-week high of $42.65.

Robert Half (NYSE:RHI) last announced its quarterly earnings results on Thursday, July 23rd. The business services provider reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. Robert Half had a net margin of 2.43% and a return on equity of 10.14%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business posted $0.41 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. Research analysts forecast that Robert Half will post 1.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Robert Half

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in 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 buying an additional 6,212 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of 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 worth $372,000 after acquiring an additional 5,675 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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 worth $16,603,000 after acquiring an additional 7,523 shares during the last quarter. Empowered Funds LLC boosted its stake 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 worth $3,039,000 after acquiring an additional 26,672 shares during the last quarter. Finally, Sivia Capital Partners LLC grew 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 acquiring an additional 3,937 shares during the period. Institutional investors own 92.41% of the company’s stock.

Key Robert Half News

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

• Neutral Sentiment: Robert Half met quarterly EPS expectations, which suggests results were roughly in line with forecasts, but did not provide a positive surprise. Robert Half (RHI) Meets Q2 Earnings Estimates
• Neutral Sentiment: Revenue slightly beat estimates, but the company still posted a year-over-year sales decline, which may be weighing on sentiment. Robert Half (NYSE:RHI) posts better-than-expected sales in Q2 CY2026 but stock drops
• Positive Sentiment: Truist raised its price target on Robert Half to $50 from $40 and reiterated a buy rating, suggesting some analysts still see meaningful upside. Benzinga report on Truist price target raise

About Robert Half

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.