Shares of Federated Hermes, Inc. (NYSE:FHI – Get Free Report) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $57.80.
A number of research firms have commented on FHI. Zacks Research downgraded Federated Hermes from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. TD Cowen dropped their price target on Federated Hermes from $60.00 to $56.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. Weiss Ratings upgraded Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Friday, October 9th. Wall Street Zen downgraded shares of Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $58.00 price objective on shares of Federated Hermes in a report on Monday, August 3rd.
Federated Hermes Stock Performance
Shares of Federated Hermes stock opened at $57.99 on Friday. The firm has a market cap of $4.33 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 1.50 and a beta of 0.66. The firm’s 50-day simple moving average is $58.70 and its 200-day simple moving average is $57.35. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.89 and a current ratio of 2.59. Federated Hermes has a 1 year low of $46.66 and a 1 year high of $67.20.
Federated Hermes (NYSE:FHI – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.42 by $0.08. The business had revenue of $507.33 million for the quarter, compared to analysts’ expectations of $504.91 million. Federated Hermes had a net margin of 21.30% and a return on equity of 34.03%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 earnings per share. Equities analysts forecast that Federated Hermes will post 5.51 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Root Financial Partners LLC lifted its holdings in Federated Hermes by 71.0% in the first quarter. Root Financial Partners LLC now owns 571 shares of the company’s stock worth $32,000 after acquiring an additional 237 shares during the last quarter. Latitude Advisors LLC acquired a new position in Federated Hermes in the third quarter valued at approximately $43,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Federated Hermes by 220.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 863 shares of the company’s stock valued at $45,000 after purchasing an additional 594 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Federated Hermes by 24.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 996 shares of the company’s stock valued at $52,000 after purchasing an additional 194 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Federated Hermes during the second quarter valued at approximately $85,000. 75.94% of the stock is currently owned by institutional investors.
More Federated Hermes News
Here are the key news stories impacting Federated Hermes this week:
- Positive Sentiment: Q3 earnings beat expectations: Adjusted earnings per diluted share rose to $1.50 from $1.34 a year earlier, exceeding the $1.42 analyst consensus by $0.08. Net income increased to $111.9 million from $104.1 million. Federated Hermes Q3 Earnings and Revenues Beat Estimates
- Positive Sentiment: Revenue also topped estimates: Quarterly revenue reached $507.33 million, above the $504.91 million consensus and up 8.1% year over year, signaling continued operating growth. Federated Hermes quarterly results
- Positive Sentiment: Record equity assets: Equity assets under management reached a record $110.5 billion, while total managed assets stood at $884.4 billion as of September 30. Higher assets can support management-fee revenue and indicate strong investment flows or market performance. Federated Hermes reports third quarter 2026 earnings
- Positive Sentiment: Dividend declared: The board approved a quarterly dividend of $0.38 per share, reinforcing shareholder returns and potentially supporting investor interest in the stock. Federated Hermes dividend announcement
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.
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