Federated Hermes/$FHI
1D1W1MYTD1Y5YMAX
Capital at risk
About Federated Hermes
Federated Hermes provides asset management services for institutional and individual investors. The firm had $911.6 billion in managed assets at the end of the second quarter of 2026, composed of equity (12%), multi-asset (less than 1%), fixed-income (11%), alternative (2%), and money market (74%) funds. The company's cash management operations are expected to generate around 52% of Federated's revenue this year, compared with 30%, 10%, and 8%, respectively, for the equity, fixed-income, and alternatives/multi-asset/other 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%).
- Ticker
- $FHI
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 2,091
- Headquarters
- Pittsburgh, United States
Federated Hermes Metrics
BasicAdvanced
$4.1B
10.63
$5.37
0.63
$1.44
2.66%
Price and volume
Market cap
$4.1B
Beta
0.63
52-week high
$67.20
52-week low
$46.66
Average daily volume
611K
Dividend rate
$1.44
Financial strength
Current ratio
2.592
Quick ratio
2.372
Long term debt to equity
0.249
Total debt to equity
0.324
Dividend payout ratio (TTM)
26.09%
Interest coverage (TTM)
41.70%
Profitability
EBITDA (TTM)
545.949
Gross margin (TTM)
68.71%
Net profit margin (TTM)
21.30%
Operating margin (TTM)
27.44%
Effective tax rate (TTM)
24.92%
Revenue per employee (TTM)
$920,000
Management effectiveness
Return on assets (TTM)
14.62%
Return on equity (TTM)
31.14%
Valuation
Price to earnings (TTM)
10.626
Price to revenue (TTM)
2.158
Price to book
3.26
Price to tangible book (TTM)
-16.3
Price to free cash flow (TTM)
11.375
Free cash flow yield (TTM)
8.79%
Free cash flow per share (TTM)
5.02
Dividend yield (TTM)
2.52%
Forward dividend yield
2.66%
Growth
Revenue change (TTM)
15.02%
Earnings per share change (TTM)
18.94%
3-year revenue growth (CAGR)
7.19%
10-year revenue growth (CAGR)
6.43%
3-year earnings per share growth (CAGR)
21.46%
10-year earnings per share growth (CAGR)
11.43%
3-year dividend per share growth (CAGR)
8.70%
10-year dividend per share growth (CAGR)
3.42%
What the Analysts think about Federated Hermes
Analyst ratings (Buy, Hold, Sell) for Federated Hermes stock.
Analyst projections of the future price of Federated Hermes stock.
Bulls say / Bears say
Federated Hermes delivered a strong second quarter: revenue rose 18% year on year to $502.8 million, EPS increased to $1.38 from $1.16, and total managed assets reached a record $911.6 billion. That gives the company a larger asset base from which to earn fees. (PR Newswire)
The equity franchise is gaining traction. Equity assets rose 23% year on year to a record $109.6 billion, while MDT equity and market-neutral strategies generated more than $3.5 billion of net sales in the quarter. (The Motley Fool, PR Newswire)
Federated is broadening beyond traditional funds. The FCP acquisition added $3.2 billion of multifamily real-estate assets, while new ETFs and a blockchain-focused fund create additional channels for future product growth. (PR Newswire)
The earnings base remains highly exposed to cash management and interest rates: money-market assets generated 50% of second-quarter revenue. Money-market fund assets fell 1% from the previous quarter, so a less favourable rate environment or further cash withdrawals could affect results materially. (PR Newswire)
Underlying long-term flows are uneven. Equity products recorded $1.1 billion of net redemptions in the quarter, including an expected $3 billion sub-advisory withdrawal, while fixed-income assets grew only 2% year on year and were partly reduced by net redemptions and exchanges. (The Motley Fool, Federated Hermes 10-Q)
Cost growth is diluting the benefit of higher assets. Second-quarter operating expenses rose 20%, with acquisition-related compensation, professional fees and amortisation contributing to the increase; money-market fee waivers also totalled $82.1 million for the quarter. (PR Newswire, Federated Hermes 10-Q)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
Federated Hermes Financial Performance
Revenues and expenses
Federated Hermes Earnings Performance
Company profitability
Upcoming events
No upcoming events
Federated Hermes News
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Funds containing Federated Hermes
AllUSDGBPEUR
Fund name | Fund size | $FHI weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.12% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.12% |
iShares MSCI World Small Cap$WSML | $9B | 0.04% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.04% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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