Federated Hermes, Inc. (NYSE:FHI – Free Report) – Equities researchers at Zacks Research reduced their Q1 2025 earnings per share estimates for Federated Hermes in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.91 per share for the quarter, down from their prior forecast of $0.95. The consensus estimate for Federated Hermes’ current full-year earnings is $4.09 per share. Zacks Research also issued estimates for Federated Hermes’ Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.03 EPS, Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $3.91 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $1.05 EPS, Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $4.04 EPS.
FHI has been the topic of several other research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $41.00 price objective (down previously from $42.00) on shares of Federated Hermes in a research report on Wednesday, February 5th. TD Cowen raised shares of Federated Hermes from a “hold” rating to a “buy” rating and increased their target price for the stock from $35.00 to $46.00 in a research report on Monday, October 28th. UBS Group boosted their price target on Federated Hermes from $39.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. StockNews.com lowered Federated Hermes from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 26th. Finally, Royal Bank of Canada reduced their target price on Federated Hermes from $42.00 to $39.00 and set a “sector perform” rating for the company in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $42.00.
Federated Hermes Price Performance
FHI opened at $38.22 on Friday. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 1.00 and a beta of 1.16. The company has a current ratio of 2.70, a quick ratio of 2.03 and a debt-to-equity ratio of 0.32. Federated Hermes has a 1 year low of $31.24 and a 1 year high of $43.92. The stock has a fifty day moving average price of $39.59 and a 200 day moving average price of $38.34.
Federated Hermes (NYSE:FHI – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.08. Federated Hermes had a return on equity of 30.31% and a net margin of 16.44%.
Hedge Funds Weigh In On Federated Hermes
A number of large investors have recently modified their holdings of the stock. FMR LLC lifted its holdings in Federated Hermes by 4.5% during the 4th quarter. FMR LLC now owns 5,919,888 shares of the company’s stock worth $243,367,000 after buying an additional 253,553 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Federated Hermes by 3.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,888,263 shares of the company’s stock worth $77,626,000 after acquiring an additional 63,664 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Federated Hermes by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,282,252 shares of the company’s stock valued at $52,731,000 after acquiring an additional 32,070 shares during the period. Bank of New York Mellon Corp increased its position in Federated Hermes by 53.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,276,898 shares of the company’s stock worth $52,493,000 after purchasing an additional 446,683 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Federated Hermes by 19.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 915,045 shares of the company’s stock worth $37,618,000 after purchasing an additional 145,878 shares during the period. 75.94% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Federated Hermes news, CEO Saker Anwar Nusseibeh sold 5,546 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $38.81, for a total value of $215,240.26. Following the transaction, the chief executive officer now owns 179,096 shares of the company’s stock, valued at approximately $6,950,715.76. The trade was a 3.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.70% of the stock is owned by corporate insiders.
Federated Hermes Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.24%. Federated Hermes’s payout ratio is presently 38.87%.
Federated Hermes Company Profile
Federated Hermes, Inc is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors.
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