Federated Hermes
About: Federated Hermes provides asset-management services for institutional and individual investors. The firm had $840 billion in managed assets at the end of March 2025, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (2%), and money market (76%) funds. The firm's cash-management operations are expected to generate around 54% of Federated's revenue this year, compared with 29%, 12%, and 6%, 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 (67% of AUM), institutional investors (26%), and international clients (7%).
Employees: 2,072
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
230% more call options, than puts
Call options by funds: $2.65M | Put options by funds: $802K
127% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 33
13% more capital invested
Capital invested by funds: $2.55B [Q1] → $2.88B (+$337M) [Q2]
11% more funds holding
Funds holding: 320 [Q1] → 355 (+35) [Q2]
5.45% more ownership
Funds ownership: 76.78% [Q1] → 82.23% (+5.45%) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 113
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Kenneth Lee | 5%downside $51 | Sector Perform Maintained | 14 Aug 2025 |
Evercore ISI Group John Dunn | 11%downside $48 | Outperform Maintained | 4 Aug 2025 |
JP Morgan Kenneth Worthington | 1%upside $54 | Neutral Upgraded | 4 Aug 2025 |
RBC Capital Arun Viswanathan | 16%downside $45 | Sector Perform Maintained | 10 Jul 2025 |
Financial journalist opinion
Based on 15 articles about FHI published over the past 30 days









