FHI stock icon

Federated Hermes

40.54 USD
+0.41
1.02%
At close Nov 1, 4:00 PM EDT
After hours
40.54
+0.00
0.00%
1 day
1.02%
5 days
1.45%
1 month
11.77%
3 months
20.15%
6 months
23.64%
Year to date
19.94%
1 year
28.66%
5 years
24.62%
 

About: ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).

Employees: 2,025

0
Funds holding %
of 6,759 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

36% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $783K

16% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 107

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1.46% less ownership

Funds ownership: 79.49% [Q1] → 78.03% (-1.46%) [Q2]

2% less funds holding

Funds holding: 313 [Q1] → 308 (-5) [Q2]

11% less capital invested

Capital invested by funds: $2.42B [Q1] → $2.16B (-$265M) [Q2]

13% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 40

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$36
11%
downside
Avg. target
$39
3%
downside
High target
$46
13%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
RBC Capital
Kenneth Lee
80% 1-year accuracy
43 / 54 met price target
4%downside
$39
Sector Perform
Maintained
28 Oct 2024
TD Cowen
Bill Kirk
60% 1-year accuracy
9 / 15 met price target
13%upside
$46
Buy
Upgraded
28 Oct 2024
UBS
Adam Beatty
0% 1-year accuracy
0 / 3 met price target
1%downside
$40
Neutral
Maintained
22 Oct 2024
RBC Capital
Kenneth Lee
80% 1-year accuracy
43 / 54 met price target
11%downside
$36
Sector Perform
Maintained
11 Oct 2024
Evercore ISI Group
John Dunn
100% 1-year accuracy
12 / 12 met price target
6%downside
$38
Outperform
Maintained
4 Oct 2024

Financial journalist opinion

Based on 19 articles about FHI published over the past 30 days

Charts implemented using Lightweight Charts™