Federated HermesNYSE: FHI

Does Federated Hermes (FHI) have what it takes to be a top stock pick for momentum investors? Let's find out.

FHI's steady AUM growth, along with its solid balance position and impressive capital distribution, makes it a lucrative pick right now.

RJF, FHI and PX made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 15, 2024.

FHI and RJF made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 15, 2024.

Charlotte Daughtrey of Federated Hermes is positive on the SMID space as they are trading at a discount and should benefit from the Fed rate cut cycle. She says both US presidential candidates are pro-growth, which will benefit these companies.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors interested in Financial - Investment Management stocks are likely familiar with Federated Hermes (FHI) and Apollo Global Management Inc. (APO). But which of these two stocks is more attractive to value investors?

Federated Hermes, Inc. registered a +14.2% bottom-line beat for Q3 2024, and the FY 2025 growth outlook for the company is positive. Federated Hermes' shares are trading below fair value based on a comparison of its current earnings multiple with historical trading averages and future bottom-line growth expectations. I continue to assign a Buy rating to FHI, as I think that the stock has good valuation re-rating potential.

Federated Hermes, Inc. FHI reported upbeat earnings for the third quarter, after the closing bell on Thursday.