Federated Hermes (NYSE:FHI) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Federated Hermes (NYSE:FHI) announced its quarterly earnings results on Thursday. The company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.08, FiscalAI reports. The business had revenue of $507.33 million for the quarter, compared to analyst estimates of $504.91 million. Federated Hermes had a net margin of 21.28% and a return on equity of 34.45%. The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.34 EPS.

Federated Hermes Stock Up 0.8%

Shares of Federated Hermes stock traded up $0.48 during midday trading on Friday, hitting $58.49. The company’s stock had a trading volume of 1,424,744 shares, compared to its average volume of 811,912. The firm has a market capitalization of $4.37 billion, a P/E ratio of 10.56, a PEG ratio of 1.53 and a beta of 0.66. Federated Hermes has a 1-year low of $46.66 and a 1-year high of $67.20. The company has a quick ratio of 1.89, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. The stock has a 50-day simple moving average of $58.61 and a 200-day simple moving average of $57.38.

Federated Hermes Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, November 6th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, November 6th. Federated Hermes’s dividend payout ratio (DPR) is presently 27.44%.

Federated Hermes News Roundup

Here are the key news stories impacting Federated Hermes this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Federated Hermes reported diluted EPS of $1.50, up from $1.34 a year earlier and above the $1.42 analyst consensus. Revenue rose 8.1% year over year to $507.33 million, also topping estimates of $504.91 million. Net income increased to $111.9 million from $104.1 million. Federated Hermes third-quarter 2026 earnings release
• Positive Sentiment: Equity assets reached a record $110.5 billion. The milestone indicates strong growth in a potentially higher-fee part of Federated Hermes’ business. Total managed assets stood at $884.4 billion at the end of September, supporting the company’s fee-generation base. Federated Hermes Q3 EPS and record equity assets
• Positive Sentiment: The board declared a quarterly dividend of $0.38 per share. The $1.52 annualized payout represents a yield of approximately 2.6%, reinforcing Federated Hermes’ shareholder-return appeal. The stock goes ex-dividend on November 6, with payment scheduled for November 13. Federated Hermes dividend announcement
• Neutral Sentiment: Management held its Q3 2026 earnings call. The call included CEO and Chairman John Donahue, CFO Thomas Donahue and Chief Investment Officer Deborah Cunningham. Investors will focus on commentary about asset flows, equity-market conditions, money-market products and the company’s forward earnings outlook. Federated Hermes Q3 2026 earnings call transcript

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FHI. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $58.00 target price on shares of Federated Hermes in a research report on Monday, August 3rd. Weiss Ratings raised shares of Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, October 9th. Evercore reaffirmed an “outperform” rating and issued a $65.00 target price on shares of Federated Hermes in a research note on Monday, August 10th. Zacks Research lowered Federated Hermes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, TD Cowen dropped their price objective on shares of Federated Hermes from $60.00 to $56.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $57.80.

Federated Hermes Company Profile

Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.

Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.