Shares of Federated Hermes, Inc. (NYSE:FHI – Get Free Report) have been assigned a consensus recommendation of “Hold” from the eight research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $57.80.
A number of equities research analysts have recently weighed in on FHI shares. Evercore restated an “outperform” rating and issued a $65.00 price objective on shares of Federated Hermes in a report on Monday, August 10th. TD Cowen cut their price target on shares of Federated Hermes from $60.00 to $56.00 and set a “hold” rating for the company in a research report on Monday, October 12th. Weiss Ratings raised Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Friday, October 9th. Zacks Research lowered Federated Hermes from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $58.00 target price on shares of Federated Hermes in a research note on Monday, August 3rd.
Check Out Our Latest Analysis on Federated Hermes
Federated Hermes Stock Performance
NYSE:FHI opened at $58.49 on Friday. The business has a 50 day moving average of $58.61 and a 200 day moving average of $57.38. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 1.54 and a beta of 0.66. Federated Hermes has a 1-year low of $46.66 and a 1-year high of $67.20. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.89.
Federated Hermes (NYSE:FHI – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.08. Federated Hermes had a return on equity of 34.45% and a net margin of 21.28%. The business had revenue of $507.33 million during the quarter, compared to analyst estimates of $504.91 million. During the same quarter in the prior year, the firm earned $1.34 earnings per share. Federated Hermes’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, sell-side analysts predict that Federated Hermes will post 5.51 earnings per share for the current fiscal year.
Federated Hermes Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, November 6th will be given a $0.38 dividend. The ex-dividend date is Friday, November 6th. This represents a $1.52 annualized dividend and a yield of 2.6%. Federated Hermes’s payout ratio is presently 27.44%.
Federated Hermes News Roundup
Here are the key news stories impacting Federated Hermes this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. Federated Hermes reported diluted EPS of $1.50, up from $1.34 a year earlier and above the $1.42 analyst consensus. Revenue rose 8.1% year over year to $507.33 million, also topping estimates of $504.91 million. Net income increased to $111.9 million from $104.1 million. Federated Hermes third-quarter 2026 earnings release
- Positive Sentiment: Equity assets reached a record $110.5 billion. The milestone indicates strong growth in a potentially higher-fee part of Federated Hermes’ business. Total managed assets stood at $884.4 billion at the end of September, supporting the company’s fee-generation base. Federated Hermes Q3 EPS and record equity assets
- Positive Sentiment: The board declared a quarterly dividend of $0.38 per share. The $1.52 annualized payout represents a yield of approximately 2.6%, reinforcing Federated Hermes’ shareholder-return appeal. The stock goes ex-dividend on November 6, with payment scheduled for November 13. Federated Hermes dividend announcement
- Neutral Sentiment: Management held its Q3 2026 earnings call. The call included CEO and Chairman John Donahue, CFO Thomas Donahue and Chief Investment Officer Deborah Cunningham. Investors will focus on commentary about asset flows, equity-market conditions, money-market products and the company’s forward earnings outlook. Federated Hermes Q3 2026 earnings call transcript
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in FHI. Kestra Private Wealth Services LLC raised its stake in shares of Federated Hermes by 2.3% during the third quarter. Kestra Private Wealth Services LLC now owns 10,096 shares of the company’s stock valued at $569,000 after acquiring an additional 227 shares during the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Federated Hermes by 125.1% during the third quarter. Richardson Financial Services Inc. now owns 752 shares of the company’s stock worth $42,000 after purchasing an additional 418 shares during the period. Gallacher Capital Management LLC grew its stake in shares of Federated Hermes by 7.9% in the third quarter. Gallacher Capital Management LLC now owns 5,115 shares of the company’s stock worth $288,000 after purchasing an additional 374 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Federated Hermes in the third quarter worth about $3,823,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in shares of Federated Hermes by 7.8% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 55,300 shares of the company’s stock worth $3,117,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.
About Federated Hermes
Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.
Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.
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