Federated Hermes
About: Federated Hermes provides asset-management services for institutional and individual investors. The firm had $800 billion in managed assets at the end of September 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. The firm's cash-management operations are expected to generate around 51% of Federated's revenue this year, compared with 29%, 12%, and 7%, 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 (65% of AUM), institutional investors (26%), and international clients (9%).
Employees: 2,072
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
124% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 29
14% more capital invested
Capital invested by funds: $2.33B [Q3] → $2.67B (+$334M) [Q4]
11% more funds holding
Funds holding: 296 [Q3] → 329 (+33) [Q4]
1.66% more ownership
Funds ownership: 76.4% [Q3] → 78.06% (+1.66%) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 106
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
71% less call options, than puts
Call options by funds: $715K | Put options by funds: $2.49M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
2%
downside
Avg. target
$41
0%
upside
High target
$41
1%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
Evercore ISI Group John Dunn 61% 1-year accuracy 11 / 18 met price target | 1%upside $41 | Outperform Maintained | 28 Apr 2025 |
JP Morgan Kenneth Worthington 53% 1-year accuracy 16 / 30 met price target | 1%upside $41 | Underweight Downgraded | 5 Feb 2025 |
UBS Adam Beatty 50% 1-year accuracy 1 / 2 met price target | 2%downside $40 | Neutral Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 10 articles about FHI published over the past 30 days
Neutral
Seeking Alpha
5 days ago
Federated Hermes, Inc. (FHI) Q1 2025 Earnings Call Transcript
Federated Hermes, Inc. (NYSE:FHI ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and Chief Executive Officer Tom Donahue - Chief Financial Officer Deborah Cunningham - Chief Investment Officer, Money Markets Conference Call Participants Ken Worthington - JPMorgan Patrick Davitt - Autonomous Research Bill Katz - TD Cowen Dan Fannon - Jefferies John Dunn - Evercore ISI Operator Greetings. Welcome to the Federated Hermes Q1 2025 Analyst Call and Webcast.
Positive
Zacks Investment Research
5 days ago
Federated Hermes Q1 Earnings Top Estimates, Revenues Rise Y/Y
FHI's first-quarter 2025 results reflect a rise in revenues and total managed assets. A decline in expenses is another positive.
Positive
Zacks Investment Research
5 days ago
Federated Hermes (FHI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Federated Hermes (FHI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
5 days ago
Federated Hermes (FHI) Beats Q1 Earnings and Revenue Estimates
Federated Hermes (FHI) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.89 per share a year ago.
Neutral
PRNewsWire
6 days ago
Federated Hermes, Inc. reports record assets under management with first quarter 2025 earnings
Total assets under management reach a record $839.8 billion Money market assets reach a record $637.1 billion Q1 2025 earnings per diluted share of $1.25 Quarterly dividend increased by 9.7% to $0.34 per share PITTSBURGH , April 24, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.25 for Q1 2025, compared to $0.89 for the same quarter last year, on net income of $101.1 million for Q1 2025, compared to $75.0 million for Q1 2024. Federated Hermes' Q1 2025 results include a $12.9 million decrease in Other operating expense, or $0.15 per diluted share, resulting from a value-added tax (VAT) refund received as part of amended VAT filings in the U.K. Federated Hermes' total managed assets were a record $839.8 billion at March 31, 2025, up $61.1 billion or 8% from $778.7 billion at March 31, 2024 and up $10.2 billion or 1% from $829.6 billion at Dec. 31, 2024.
Neutral
Zacks Investment Research
1 week ago
Countdown to Federated Hermes (FHI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Federated Hermes (FHI) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Neutral
Zacks Investment Research
1 week ago
Federated Hermes (FHI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Federated Hermes (FHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
2 weeks ago
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
PITTSBURGH , April 15, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of March 31, 2025, is now available in the Products section of FederatedHermes.com/us . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
Neutral
PRNewsWire
2 weeks ago
Federated Hermes Premier Municipal Income Fund declares dividend
PITTSBURGH , April 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.
Neutral
PRNewsWire
3 weeks ago
Federated Hermes, Inc. announces first quarter 2025 earnings and conference call dates
Annual Shareholder Meeting will be by teleconference Thursday, April 24, 2025 PITTSBURGH , April 7, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter ended March 31, 2025 after the market closes on Thursday, April 24, 2025. A conference call for investors and analysts will be held at 9 a.m.
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