Federated Hermes (NYSE:FHI) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Federated Hermes, Inc. (NYSE:FHI) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $57.35 and traded as high as $58.13. Federated Hermes shares last traded at $57.9860, with a volume of 1,008,147 shares.

Federated Hermes News Roundup

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

Analysts Set New Price Targets

Several analysts recently commented on FHI shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $58.00 price objective on shares of Federated Hermes in a research report on Monday, August 3rd. Royal Bank Of Canada upped their target price on shares of Federated Hermes from $54.00 to $57.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 2nd. TD Cowen cut their price target on shares of Federated Hermes from $60.00 to $56.00 and set a “hold” rating on the stock in a report on Monday, October 12th. Evercore reissued an “outperform” rating and set a $65.00 price target on shares of Federated Hermes in a research report on Monday, August 10th. Finally, Wall Street Zen lowered shares of Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $57.80.

Federated Hermes Trading Up 2.1%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.89 and a current ratio of 2.59. 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 stock has a 50-day simple moving average of $58.70 and a two-hundred day simple moving average of $57.35.

Federated Hermes (NYSE:FHI) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.08. Federated Hermes had a net margin of 21.30% and a return on equity of 34.03%. The firm had revenue of $507.33 million for the quarter, compared to the consensus estimate of $504.91 million. During the same quarter last year, the firm posted $1.34 EPS. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Federated Hermes, Inc. will post 5.51 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FHI. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new stake in Federated Hermes in the 2nd quarter worth approximately $1,427,000. Morningstar Investment Management LLC raised its stake in Federated Hermes by 82.6% during the 1st quarter. Morningstar Investment Management LLC now owns 39,895 shares of the company’s stock valued at $2,262,000 after buying an additional 18,047 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Federated Hermes during the 2nd quarter valued at $2,833,000. Congress Asset Management Co. lifted its holdings in Federated Hermes by 21.2% in the third quarter. Congress Asset Management Co. now owns 102,693 shares of the company’s stock valued at $5,789,000 after acquiring an additional 17,992 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of Federated Hermes by 5.6% in the 1st quarter. First Trust Advisors LP now owns 616,598 shares of the company’s stock worth $34,967,000 after purchasing an additional 32,810 shares during the period. Institutional investors own 75.94% of the company’s stock.

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.