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Federated Hermes (FHI) Company Overview

Profile

Full Name:

Federated Hermes, Inc.

Country:

United States

IPO:

May 14, 1998

Indexes:

Not included

Description:

Federated Hermes, Inc. is a public asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including affluent individuals, banks or savings institutions, investment companies, pension plans and profit-sharing plans, collective investment vehicles, charitable organizations, government or municipal institutions, and registered investment advisers. Federated Hermes, Inc. was founded in 1955, based in Pittsburgh, Pennsylvania, with additional offices in New York and London, United Kingdom.

Key Details

Price

$38.76

Annual Revenue

$1.63 B(+1.40% YoY)

Annual EPS

$3.23(-5.00% YoY)

Beta

0.47

Events Calendar

Earnings

Next earnings date:

Apr 25, 2025

Recent quarterly earnings:

Jan 31, 2025

Recent annual earnings:

Jan 31, 2025
Dividend

Next ex-dividend date:

Feb 7, 2025

Recent ex-dividend date:

Nov 8, 2024
Splits

Next split:

N/A

Recent split:

Jul 18, 2000

Analyst ratings

Recent major analysts updates

Feb 5, 25 JP Morgan
Underweight
Feb 3, 25 UBS
Neutral
Jan 28, 25 RBC Capital
Sector Perform
Jan 8, 25 Deutsche Bank
Hold
Jan 7, 25 JP Morgan
Neutral
Nov 11, 24 Deutsche Bank
Buy
Nov 7, 24 Evercore ISI Group
Outperform
Oct 28, 24 TD Cowen
Buy
Oct 28, 24 RBC Capital
Sector Perform
Oct 22, 24 UBS
Neutral

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Institutional Ownership

Federated Hermes announces changes to fixed-income team and promotes Kathryn Glass to co-head of its high-yield fixed-income group
Federated Hermes announces changes to fixed-income team and promotes Kathryn Glass to co-head of its high-yield fixed-income group
Federated Hermes announces changes to fixed-income team and promotes Kathryn Glass to co-head of its high-yield fixed-income group
FHI
prnewswire.comFebruary 4, 2025

PITTSBURGH , Feb. 4, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced changes within the organization of its fixed-income group. The firm has named Kathryn (Katie) Glass, CFA, an experienced long-term Federated Hermes portfolio manager, as co-head of the Domestic High Yield Group, alongside Mark Durbiano, CFA, who has been with Federated Hermes for 42 years.

Federated Hermes, Inc. (FHI) Q4 2024 Earnings Call Transcript
Federated Hermes, Inc. (FHI) Q4 2024 Earnings Call Transcript
Federated Hermes, Inc. (FHI) Q4 2024 Earnings Call Transcript
FHI
seekingalpha.comJanuary 31, 2025

Federated Hermes, Inc. (NYSE:FHI ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and CEO Tom Donahue - CFO Deborah Cunningham - Chief Investment Officer, Money Markets Saker Nusseibeh - CEO, Federated Hermes Limited Conference Call Participants Patrick Davitt - Autonomous Research Michael Cahill - JPMorgan Dan Fannon - Jefferies Robin Holby - TD Cowen John Dunn - Evercore ISI Operator Greetings. Welcome to the Federated Hermes, Inc. Q4 2024 Analyst Call and Webcast.

Federated Hermes Q4 Earnings Beat Estimates, Revenues Increases Y/Y
Federated Hermes Q4 Earnings Beat Estimates, Revenues Increases Y/Y
Federated Hermes Q4 Earnings Beat Estimates, Revenues Increases Y/Y
FHI
zacks.comJanuary 31, 2025

FHI's fourth-quarter 2024 results benefit from increased revenues and total managed assets balances.

Compared to Estimates, Federated Hermes (FHI) Q4 Earnings: A Look at Key Metrics
Compared to Estimates, Federated Hermes (FHI) Q4 Earnings: A Look at Key Metrics
Compared to Estimates, Federated Hermes (FHI) Q4 Earnings: A Look at Key Metrics
FHI
zacks.comJanuary 30, 2025

Although the revenue and EPS for Federated Hermes (FHI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Federated Hermes (FHI) Q4 Earnings and Revenues Surpass Estimates
Federated Hermes (FHI) Q4 Earnings and Revenues Surpass Estimates
Federated Hermes (FHI) Q4 Earnings and Revenues Surpass Estimates
FHI
zacks.comJanuary 30, 2025

Federated Hermes (FHI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.96 per share a year ago.

Federated Hermes, Inc. reports record assets under management with fourth quarter and full-year 2024 earnings
Federated Hermes, Inc. reports record assets under management with fourth quarter and full-year 2024 earnings
Federated Hermes, Inc. reports record assets under management with fourth quarter and full-year 2024 earnings
FHI
prnewswire.comJanuary 30, 2025

Q4 2024 earnings per diluted share of $1.04; full-year 2024 EPS of $3.23 Total assets under management at record $829.6 billion Board declares $0.31 per share quarterly dividend PITTSBURGH , Jan. 30, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) for Q4 2024 of $1.04, compared to $0.96 for the same quarter last year, on net income of $84.7 million for Q4 2024, compared to $82.2 million for Q4 2023. Full-year 2024 EPS was $3.23, compared to $3.40 for 2023 on net income of $268.3 million for 2024, compared to $299.0 million for 2023.

Small-caps have been a 'disappointing bet': Federated Hermes
Small-caps have been a 'disappointing bet': Federated Hermes
Small-caps have been a 'disappointing bet': Federated Hermes
FHI
youtube.comJanuary 16, 2025

Linda Duessel of Federated Hermes says there has been an increase in optimism for small-caps as beneficiaries of expected regulation cuts. She also says Scott Bessent's 3% deficit target could happen if the U.S. economy continues to grow.

Federated Hermes, Inc. announces fourth quarter and year-end 2024 earnings and conference call dates
Federated Hermes, Inc. announces fourth quarter and year-end 2024 earnings and conference call dates
Federated Hermes, Inc. announces fourth quarter and year-end 2024 earnings and conference call dates
FHI
prnewswire.comJanuary 9, 2025

PITTSBURGH , Jan. 9, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter and year ended Dec. 31, 2024 after the market closes on Thursday, Jan. 30, 2025. A conference call for investors and analysts will be held at 9 a.m.

Federated Hermes Rides on Improving AUM Balance Amid High Expenses
Federated Hermes Rides on Improving AUM Balance Amid High Expenses
Federated Hermes Rides on Improving AUM Balance Amid High Expenses
FHI
zacks.comJanuary 8, 2025

FHI's rising AUM balance and strong liquidity position look encouraging. Yet, growing expenses are concerning.

FHI vs. BLK: Which Stock Is the Better Value Option?
FHI vs. BLK: Which Stock Is the Better Value Option?
FHI vs. BLK: Which Stock Is the Better Value Option?
FHI
zacks.comJanuary 6, 2025

Investors looking for stocks in the Financial - Investment Management sector might want to consider either Federated Hermes (FHI) or BlackRock Finance (BLK). But which of these two stocks presents investors with the better value opportunity right now?

FAQ

  • What is the ticker symbol for Federated Hermes?
  • Does Federated Hermes pay dividends?
  • What sector is Federated Hermes in?
  • What industry is Federated Hermes in?
  • What country is Federated Hermes based in?
  • When did Federated Hermes go public?
  • Is Federated Hermes in the S&P 500?
  • Is Federated Hermes in the NASDAQ 100?
  • Is Federated Hermes in the Dow Jones?
  • When was Federated Hermes's last earnings report?
  • When does Federated Hermes report earnings?
  • Should I buy Federated Hermes stock now?

What is the ticker symbol for Federated Hermes?

The ticker symbol for Federated Hermes is NYSE:FHI

Does Federated Hermes pay dividends?

Yes, Federated Hermes pays dividends. The last payment was $0.31, with an ex-dividend date on November 8, 2024

What sector is Federated Hermes in?

Federated Hermes is in the Financial Services sector

What industry is Federated Hermes in?

Federated Hermes is in the Asset Management industry

What country is Federated Hermes based in?

Federated Hermes is headquartered in United States

When did Federated Hermes go public?

Federated Hermes's initial public offering (IPO) was on May 14, 1998

Is Federated Hermes in the S&P 500?

No, Federated Hermes is not included in the S&P 500 index

Is Federated Hermes in the NASDAQ 100?

No, Federated Hermes is not included in the NASDAQ 100 index

Is Federated Hermes in the Dow Jones?

No, Federated Hermes is not included in the Dow Jones index

When was Federated Hermes's last earnings report?

Federated Hermes's most recent earnings report was on Jan 31, 2025

When does Federated Hermes report earnings?

The next expected earnings date for Federated Hermes is Apr 25, 2025

Should I buy Federated Hermes stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions