Federated Hermes, Inc. (FHI)
- Previous Close
41.71 - Open
41.75 - Bid 42.41 x 800
- Ask 42.45 x 800
- Day's Range
41.71 - 42.46 - 52 Week Range
31.08 - 42.56 - Volume
215,242 - Avg. Volume
562,362 - Market Cap (intraday)
3.468B - Beta (5Y Monthly) 1.11
- PE Ratio (TTM)
13.41 - EPS (TTM)
3.16 - Earnings Date Jan 23, 2025 - Jan 27, 2025
- Forward Dividend & Yield 1.24 (2.97%)
- Ex-Dividend Date Nov 8, 2024
- 1y Target Est
41.75
Federated Hermes, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.
www.federatedinvestors.com2,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: FHI
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Performance Overview: FHI
Trailing total returns as of 11/22/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: FHI
View MoreValuation Measures
Market Cap
3.41B
Enterprise Value
3.30B
Trailing P/E
13.20
Forward P/E
10.43
PEG Ratio (5yr expected)
3.73
Price/Sales (ttm)
2.10
Price/Book (mrq)
3.15
Enterprise Value/Revenue
2.06
Enterprise Value/EBITDA
7.81
Financial Highlights
Profitability and Income Statement
Profit Margin
16.62%
Return on Assets (ttm)
10.63%
Return on Equity (ttm)
23.45%
Revenue (ttm)
1.6B
Net Income Avi to Common (ttm)
254.15M
Diluted EPS (ttm)
3.16
Balance Sheet and Cash Flow
Total Cash (mrq)
565.03M
Total Debt/Equity (mrq)
39.39%
Levered Free Cash Flow (ttm)
264.08M
Research Analysis: FHI
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Research Reports: FHI
View MoreFederated Hermes Earnings: Reduced Outflows and Market Gains Lift AUM in Third Quarter
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetOutflows continue in 3Q
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $800 billion in AUM as of September 30, 2024. It offers equity, fixed-income, and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetU.S. stock indices are solidly higher at midday on Monday. Traders seem to be
U.S. stock indices are solidly higher at midday on Monday. Traders seem to be in an upbeat mood ahead of major earnings and economic news this week. Also helping multiple market sectors is a significant drop in the price of oil, this as Israeli airstrikes against Iran over the weekend did not include energy-related targets.
Federated Hermes Earnings: Reduced Outflows and Market Gains Lift AUM in Third Quarter
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice Target