FHI - Federated Hermes Inc Stock Price, Fair Value and News

32.49USD+0.43 (+1.34%)Market Closed

Market Summary

USD32.49+0.43

Market Closed

1.34%

FHI Stock Price

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FHI RSI Chart

FHI Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

8.98

Price/Sales (Trailing)

1.68

EV/EBITDA

6.27

Price/Free Cashflow

8.74

FHI Price/Sales (Trailing)

FHI Profitability

EBT Margin

26.04%

Return on Equity

26.53%

Return on Assets

14.59%

Free Cashflow Yield

11.44%

FHI Fundamentals

FHI Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

3.71%

Rev. Growth (Qtr)

1.24%

FHI Earnings

Earnings (TTM)

304.4M

Earnings Growth (Yr)

7.8%

Earnings Growth (Qtr)

-8.69%

Breaking Down FHI Revenue

Last 7 days

-2.3%

Last 30 days

-11.8%

Last 90 days

-8.6%

Trailing 12 Months

-17.8%

How does FHI drawdown profile look like?

FHI Financial Health

Current Ratio

3.39

Debt/Equity

0.3

Debt/Cashflow

0.92

FHI Investor Care

Dividend Yield

3.45%

Dividend/Share (TTM)

1.12

Buy Backs (1Y)

5.99%

Diluted EPS (TTM)

3.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.6B	0	0	0
2023	1.5B	1.6B	1.6B	1.6B
2022	1.3B	1.3B	1.4B	1.4B
2021	1.4B	1.4B	1.3B	1.3B
2020	1.4B	1.4B	1.4B	1.4B
2019	1.2B	1.2B	1.3B	1.3B
2018	1.1B	1.1B	1.1B	1.1B
2017	1.1B	1.1B	1.1B	1.1B
2016	978.2M	1.0B	1.1B	1.1B
2015	868.3M	883.4M	900.8M	926.6M
2014	861.9M	851.1M	856.1M	859.3M
2013	943.4M	935.1M	908.5M	878.4M
2012	886.5M	892.9M	917.3M	945.7M
2011	957.9M	952.1M	924.0M	895.1M
2010	1.1B	1.0B	971.4M	951.9M
2009	0	1.2B	1.2B	1.2B
2008	0	0	0	1.2B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Federated Hermes Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 26, 2024	jones marie milie	acquired	-	-	2,400	-
Apr 26, 2024	farrell michael j	acquired	-	-	2,400	-
Apr 26, 2024	bartolacci joseph c	acquired	-	-	2,400	-
Apr 26, 2024	hanlon karen	acquired	-	-	2,400	-
Apr 08, 2024	ceresino gordon j	gifted	-	-	-19,885	vice chairman
Apr 08, 2024	ceresino gordon j	gifted	-	-	19,885	vice chairman
Mar 06, 2024	uhlman paul a	acquired	-	-	24,463	vice president
Mar 06, 2024	nusseibeh saker anwar	acquired	-	-	13,072	ceo, hermes fund managers ltd.
Mar 06, 2024	donahue thomas r	acquired	-	-	34,737	vp, cfo & treasurer
Mar 06, 2024	van meter stephen	acquired	-	-	1,664	vp, chief compliance officer

Which funds bought or sold FHI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ASSETMARK, INC	sold off	-100	-3,860	-	-%
May 07, 2024	Inspire Investing, LLC	new	-	891,731	891,731	0.09%
May 07, 2024	Headlands Technologies LLC	added	607	25,945	29,907	0.01%
May 07, 2024	Qsemble Capital Management, LP	added	34.19	572,961	1,900,820	0.42%
May 07, 2024	Algebris (UK) Ltd	reduced	-12.7	-508,533	10,225,600	3.80%
May 07, 2024	CIM INVESTMENT MANAGEMENT INC	unchanged	-	19,976	319,265	0.10%
May 07, 2024	SEI INVESTMENTS CO	unchanged	-	28,876	461,542	-%
May 07, 2024	Swiss National Bank	reduced	-2.18	243,584	5,841,220	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	reduced	-10.37	-144,409	3,145,290	0.02%
May 07, 2024	Arizona State Retirement System	reduced	-3.96	19,432	813,314	0.01%

Are Funds Buying or Selling FHI?

Are funds buying FHI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FHI

No. of Funds

Unveiling Federated Hermes Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.29%	8,690,618	SC 13G/A
Feb 13, 2024	vanguard group inc	9.89%	8,532,465	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 25, 2024	blackrock inc.	9.4%	8,110,763	SC 13G/A
Dec 08, 2023	vanguard group inc	10.10%	8,713,532	SC 13G/A
Jul 07, 2023	blackrock inc.	8.8%	7,913,438	SC 13G/A
Feb 09, 2023	vanguard group inc	9.53%	8,483,827	SC 13G/A
Jan 26, 2023	blackrock inc.	13.9%	12,326,018	SC 13G/A
Jan 20, 2023	blackrock inc.	13.9%	12,326,018	SC 13G/A
Mar 09, 2022	vanguard group inc	10.02%	9,215,007	SC 13G/A

Recent SEC filings of Federated Hermes Inc

View All Filings

Date Filed	Form Type	Document
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 26, 2024	10-Q	Quarterly Report
Apr 25, 2024	3	Insider Trading
Apr 25, 2024	8-K	Current Report
Apr 09, 2024	4	Insider Trading
Apr 08, 2024	SC 13G/A	Major Ownership Report
Mar 25, 2024	SC 13D	13D - Major Acquisition

Federated Hermes Inc News

Latest updates

Federated Hermes Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.2%	396	391	403	433	382	374	381	366	325	322	327	311	341	364	364	361	359	358	340	321	307
Operating Expenses	3.1%	298	289	301	335	297	310	284	274	241	233	228	229	244	249	251	263	266	255	251	237	236
EBITDA Margin	1.8%	0.27*	0.26*	0.25*	0.25*	0.24*	0.23*	0.25*	0.27*	0.29*	0.31*	0.33*	0.34*	0.34*	-	-	-	-	-	-	-	-
Income Taxes	-7.2%	29.00	31.00	27.00	28.00	21.00	14.00	22.00	19.00	18.00	21.00	23.00	35.00	25.00	28.00	33.00	26.00	22.00	27.00	23.00	20.00	18.00
Earnings Before Taxes	-11.3%	104	117	101	101	92.00	75.00	89.00	70.00	72.00	92.00	97.00	89.00	99.00	129	120	111	86.00	112	97.00	84.00	73.00
EBT Margin	1.9%	0.26*	0.26*	0.23*	0.23*	0.22*	0.21*	0.23*	0.25*	0.27*	0.29*	0.31*	0.32*	0.32*	-	-	-	-	-	-	-	-
Net Income	-8.7%	75.00	82.00	75.00	72.00	70.00	56.00	69.00	58.00	56.00	69.00	71.00	56.00	74.00	95.00	86.00	81.00	64.00	82.00	73.00	63.00	55.00
Net Income Margin	0.9%	0.19*	0.19*	0.17*	0.17*	0.17*	0.17*	0.18*	0.19*	0.20*	0.21*	0.22*	0.23*	0.24*	-	-	-	-	-	-	-	-
Free Cashflow	-89.4%	13.00	128	104	68.00	5.00	132	111	98.00	-21.10	67.00	42.00	84.00	-32.17	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	2,087	2,102	2,080	2,060	1,999	2,020	1,973	1,952	2,019	2,018	1,946	2,045	2,010	2,061	2,004	1,934	1,926	1,880	1,754	1,688	1,635
Current Assets	-0.1%	720	721	712	694	636	651	630	561	582	559	478	564	520	575	569	521	504	461	421	338	278
Cash Equivalents	-6.1%	360	383	377	343	324	341	305	249	262	233	202	254	223	309	323	278	308	250	197	180	134
Net PPE	-6.8%	29.00	31.00	31.00	31.00	33.00	36.00	38.00	42.00	45.00	47.00	49.00	48.00	51.00	53.00	51.00	51.00	51.00	52.00	52.00	54.00	54.00
Goodwill	-0.2%	806	807	802	807	803	800	16.00	785	795	799	798	802	802	800	792	787	790	775	766	770	814
Liabilities	-8.6%	866	948	910	868	853	913	947	929	912	841	686	632	609	687	638	643	684	627	604	574	551
Current Liabilities	-26.0%	212	287	256	234	212	257	239	207	181	271	235	213	199	265	234	249	187	231	194	152	132
Long Term Debt	0.0%	348	348	348	348	348	348	398	397	397	223	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	1.7%	1,147	1,128	1,100	1,134	1,107	1,046	971	968	1,058	1,114	1,205	1,162	1,155	1,137	1,152	1,087	1,043	1,041	950	913	898
Retained Earnings	3.4%	1,235	1,195	1,148	1,098	1,051	1,016	1,002	1,225	1,192	1,187	1,154	1,092	1,063	1,028	1,067	1,004	949	930	872	826	807
Additional Paid-In Capital	-100.0%	-	0.00	0.00	-	-	-	-	3.00	4.00	-	0.00	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	1.1%	121	120	117	120	117	120	115	112	117	114	110	114	110	106	102	101	97.00	95.00	91.00	92.00	89.00
Float	-	-	-	-	3,000	-	-	-	2,700	-	-	-	3,100	-	-	-	2,200	-	-	-	3,100	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-89.2%	14,031	129,632	105,635	71,144	5,420	132,413	112,019	98,763	-19,247	69,427	46,005	84,964	-30,013	129,783	90,061	124,146	29,251	122,599	99,918	95,664	16,759
Share Based Compensation	51.4%	10,269	6,782	7,488	8,997	10,680	7,181	8,899	9,432	9,288	7,017	6,307	7,760	9,216	6,476	6,289	6,468	7,467	5,909	5,960	6,078	7,110
Cashflow From Investing	170.4%	27,587	-39,174	1,318	5,408	1,838	-31,046	-1,408	2,637	-2,540	-2,177	7,976	6,521	-1,504	-6,326	-4,612	-5,728	-8,157	-28,364	-44,789	-16,089	-5,441
Cashflow From Financing	30.6%	-63,526	-91,485	-68,352	-61,234	-22,016	-78,523	-43,023	-101,828	54,861	-36,089	-101,573	-62,820	-48,990	-153,322	-44,366	-147,848	50,400	-51,313	-33,858	-31,589	-35,920
Dividend Payments	-1.6%	23,734	24,130	24,703	25,111	24,149	24,111	24,145	24,706	24,953	26,132	26,329	26,551	26,788	126,153	27,053	27,255	27,304	27,231	27,320	27,332	27,217
Buy Backs	-40.0%	39,026	65,053	64,098	41,353	6,562	6,925	6,612	91,266	113,338	135,923	14,453	38,900	39,073	13,614	20,234	17,911	15,000	11,686	1,860	709	1,485

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FHI Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Revenue
Total Revenue	$ 396,371	$ 382,189
Operating Expenses
Compensation and Related	136,546	136,878
Distribution	94,894	93,333
Systems and Communications	21,823	19,972
Professional Service Fees	18,352	16,220
Office and Occupancy	9,969	12,874
Advertising and Promotional	4,306	4,342
Travel and Related	3,273	3,231
Intangible Asset Related	3,235	3,326
Other	5,392	6,847
Total Operating Expenses	297,790	297,023
Operating Income	98,581	85,166
Nonoperating Income (Expenses)
Investment Income, net	6,736	4,820
Gain (Loss) on Securities, net	1,747	5,492
Debt Expense	(3,149)	(3,125)
Other, net	103	122
Total Nonoperating Income (Expenses), net	5,437	7,309
Income Before Income Taxes	104,018	92,475
Income Tax Provision	29,008	21,009
Net Income Including the Noncontrolling Interests in Subsidiaries	75,010	71,466
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries	(23)	1,865
Net Income	$ 75,033	$ 69,601
Amounts Attributable to Federated Hermes, Inc.
Earnings Per Common Share—Basic (usd per share)	$ 0.89	$ 0.78
Earnings Per Common Share—Diluted (usd per share)	0.89	0.78
Cash Dividends Per Share (usd per share)	$ 0.28	$ 0.27
Investment Advisory Fees, net \| Affiliates
Revenue
Total Revenue	$ 202,791	$ 201,889
Investment Advisory Fees, net \| Nonrelated Party
Revenue
Total Revenue	61,503	62,093
Administrative Service Fees, net—Affiliates \| Affiliates
Revenue
Total Revenue	94,786	79,180
Other Service Fees, net \| Affiliates
Revenue
Total Revenue	33,364	34,862
Other Service Fees, net \| Nonrelated Party
Revenue
Total Revenue	$ 3,927	$ 4,165

FHI Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and Cash Equivalents	$ 359,782	$ 383,180
Prepaid Expenses	34,072	29,739
Other Current Assets	6,127	5,900
Total Current Assets	719,656	720,729
Long-Term Assets
Goodwill	805,925	807,156
Intangible Assets, net of accumulated amortization of $66,747 and $64,112, respectively	404,148	409,449
Property and Equipment, net of accumulated depreciation of $121,187 and $119,852, respectively	28,621	30,711
Right-of-Use Assets, net	95,556	99,265
Other Long-Term Assets	33,066	34,534
Total Long-Term Assets	1,367,316	1,381,115
Total Assets	2,086,972	2,101,844
Current Liabilities
Accounts Payable and Accrued Expenses	88,403	88,290
Accrued Compensation and Benefits	66,452	158,392
Lease Liabilities	16,114	16,283
Income Taxes Payable	23,804	142
Other Current Liabilities	17,726	24,236
Total Current Liabilities	212,499	287,343
Long-Term Liabilities
Long-Term Debt	347,909	347,843
Long-Term Deferred Tax Liability, net	188,616	186,292
Long-Term Lease Liabilities	89,593	93,816
Other Long-Term Liabilities	27,798	32,453
Total Long-Term Liabilities	653,916	660,404
Total Liabilities	866,415	947,747
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY
Redeemable Noncontrolling Interests in Subsidiaries	73,130	25,845
Federated Hermes, Inc. Shareholders’ Equity
Additional Paid-In Capital from Treasury Stock Transactions	0	2
Retained Earnings	1,234,931	1,194,561
Treasury Stock, at Cost, 15,355,480 and 14,664,467 Shares Class B Common Stock, respectively	(547,623)	(521,403)
Accumulated Other Comprehensive Income (Loss), net of tax	(25,146)	(19,911)
Total Permanent Equity	1,147,427	1,128,252
Total Liabilities, Temporary Equity and Permanent Equity	2,086,972	2,101,844
Investments—Consolidated Investment Companies
Current Assets
Investments	123,912	70,543
Affiliates
Current Assets
Investments	74,838	106,952
Receivables	49,277	48,694
Receivables, net of reserve of $21 and $21, respectively
Current Assets
Receivables	71,648	75,721
Class A
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	189	189
Class B
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 485,076	$ 474,814

About Federated Hermes Inc

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. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.

CEO	Mr. John Christopher Donahue
WEBSITE	federatedinvestors.com
INDUSTRY	Asset Management
EMPLOYEES	2000

Federated Hermes Inc Frequently Asked Questions

What is the ticker symbol for Federated Hermes Inc? What does FHI stand for in stocks?

FHI is the stock ticker symbol of Federated Hermes Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Federated Hermes Inc (FHI)?

As of Tue May 07 2024, market cap of Federated Hermes Inc is 2.7 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FHI stock?

You can check FHI's fair value in chart for subscribers.

What is the fair value of FHI stock?

You can check FHI's fair value in chart for subscribers. The fair value of Federated Hermes Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Federated Hermes Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FHI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Federated Hermes Inc a good stock to buy?

The fair value guage provides a quick view whether FHI is over valued or under valued. Whether Federated Hermes Inc is cheap or expensive depends on the assumptions which impact Federated Hermes Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FHI.

What is Federated Hermes Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, FHI's PE ratio (Price to Earnings) is 8.86 and Price to Sales (PS) ratio is 1.66. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FHI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Federated Hermes Inc's stock?

In the past 10 years, Federated Hermes Inc has provided 0.052 (multiply by 100 for percentage) rate of return.