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

35.06USD-0.67 (-1.88%)Market Closed

Market Summary

USD35.06-0.67

Market Closed

-1.88%

FHI Alerts

3 major insider sales recently.

FHI Stock Price

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FHI RSI Chart

FHI Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

9.9

Price/Sales (Trailing)

1.84

EV/EBITDA

6.92

Price/Free Cashflow

9.74

FHI Price/Sales (Trailing)

FHI Profitability

EBT Margin

25.56%

Return on Equity

26.5%

Return on Assets

14.22%

Free Cashflow Yield

10.27%

FHI Fundamentals

FHI Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

4.71%

Rev. Growth (Qtr)

-2.77%

FHI Earnings

Earnings (TTM)

299.0M

Earnings Growth (Yr)

45.46%

Earnings Growth (Qtr)

9.53%

Breaking Down FHI Revenue

Last 7 days

-4.7%

Last 30 days

-2.1%

Last 90 days

-0.2%

Trailing 12 Months

-19.6%

How does FHI drawdown profile look like?

FHI Financial Health

Current Ratio

2.51

Debt/Equity

0.31

Debt/Cashflow

0.9

FHI Investor Care

Dividend Yield

3.17%

Dividend/Share (TTM)

1.11

Buy Backs (1Y)

5.42%

Diluted EPS (TTM)

3.41

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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 08, 2024	ceresino gordon j	gifted	-	-	-19,885	vice chairman
Apr 08, 2024	ceresino gordon j	gifted	-	-	19,885	vice chairman
Mar 06, 2024	novak richard a	acquired	-	-	3,132	principal accounting officer
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
Mar 06, 2024	uhlman paul a	acquired	-	-	24,463	vice president
Mar 06, 2024	dudiak dolores d	acquired	-	-	2,610	vice president
Mar 06, 2024	donahue j christopher	acquired	-	-	42,076	chairman, president & ceo
Mar 05, 2024	novak richard a	sold	-32,753	36.0723	-908	principal accounting officer

Which funds bought or sold FHI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Unison Advisors LLC	added	0.82	49,889	710,769	0.07%
Apr 12, 2024	Murphy Pohlad Asset Management LLC	reduced	-19.62	-661,160	3,975,220	1.56%
Apr 11, 2024	City State Bank	unchanged	-	3,000	60,000	0.03%
Apr 11, 2024	CONGRESS ASSET MANAGEMENT CO /MA	added	1.04	130,989	1,813,290	0.01%
Apr 11, 2024	Radnor Capital Management, LLC	reduced	-4.45	31,000	1,608,000	0.27%
Apr 11, 2024	Roble, Belko & Company, Inc	unchanged	-	-	1,000	-%
Apr 11, 2024	FOUNDATION RESOURCE MANAGEMENT INC	added	0.96	1,081,210	15,118,900	2.38%
Apr 09, 2024	Rise Advisors, LLC	new	-	13,437	13,437	0.01%
Apr 05, 2024	CWM, LLC	added	52.87	2,000	5,000	-%
Apr 05, 2024	FIRST HAWAIIAN BANK	sold off	-100	-306,433	-	-%

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

FHI Alerts

3 major insider sales recently.

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 09, 2024	4	Insider Trading
Apr 08, 2024	SC 13G/A	Major Ownership Report
Mar 25, 2024	SC 13D	13D - Major Acquisition
Mar 13, 2024	DEF 14C	DEF 14C
Mar 11, 2024	SC 13G/A	Major Ownership Report
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-2.8%	391	403	433	382	374	381	366	325	322	327	311	341	364	364	361	359	358	340	321	307	307
Operating Expenses	-4.1%	289	301	335	297	310	284	274	241	233	228	229	244	249	251	263	266	255	251	237	236	219
EBITDA Margin	-	0.26*	-	0.25*	0.24*	0.23*	0.25*	0.27*	0.29*	0.31*	0.33*	0.34*	0.34*	-	-	-	-	-	-	-	-	-
Income Taxes	16.9%	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	20.00
Earnings Before Taxes	16.1%	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	82.00
EBT Margin	10.2%	0.26*	0.23*	0.23*	0.22*	0.21*	0.23*	0.25*	0.27*	0.29*	0.31*	0.32*	-	-	-	-	-	-	-	-	-	-
Net Income	9.5%	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	62.00
Net Income Margin	8.2%	0.19*	0.17*	0.17*	0.17*	0.17*	0.18*	0.19*	0.20*	0.21*	0.22*	0.23*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	23.1%	128	104	68.00	5.00	132	111	98.00	-21.10	67.00	42.00	84.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.0%	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	1,544
Current Assets	1.3%	721	712	694	636	651	630	561	582	559	478	564	520	575	569	521	504	461	421	338	278	304
Cash Equivalents	1.7%	383	377	343	324	337	305	249	262	233	202	254	223	309	323	278	308	250	197	180	134	157
Net PPE	-2.2%	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	53.00
Goodwill	0.7%	807	802	807	803	800	16.00	785	795	799	798	802	802	800	792	787	790	775	766	770	814	810
Liabilities	4.2%	948	910	868	853	913	947	929	912	841	686	632	609	687	638	643	684	627	604	574	551	504
Current Liabilities	12.4%	287	256	234	212	257	239	207	181	271	235	213	199	265	234	249	187	231	194	152	132	181
Long Term Debt	0.0%	348	348	348	348	348	398	397	397	223	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	2.6%	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	857
Retained Earnings	4.0%	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	792
Additional Paid-In Capital	-86.7%	0.00	0.00	-	-	-	-	3.00	4.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	-100.0%	-	117	120	117	120	115	112	117	114	110	114	110	106	102	101	97.00	95.00	91.00	92.00	89.00	90.00
Float	-	-	-	3,000	-	-	-	2,700	-	-	-	3,100	-	-	-	2,200	-	-	-	3,100	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	22.7%	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	117,569
Share Based Compensation	-9.4%	6,782	7,488	8,997	10,680	7,181	8,899	9,432	9,288	7,011	6,307	7,760	9,216	6,445	6,289	6,468	7,467	5,952	5,960	6,078	7,110	5,656
Cashflow From Investing	-3072.2%	-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	-11,014
Cashflow From Financing	-33.8%	-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	-63,884
Dividend Payments	-2.3%	24,137	24,703	25,111	24,149	24,096	24,145	24,706	24,953	26,096	26,329	26,551	26,788	126,188	27,053	27,255	27,304	27,278	27,320	27,332	27,217	27,135
Buy Backs	1.5%	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	2,183

FHI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total Revenue	$ 1,609,574	$ 1,445,814	$ 1,300,447
Operating Expenses
Compensation and Related	563,388	512,713	532,492
Distribution	371,198	314,554	160,884
Systems and Communications	84,203	77,783	75,429
Professional Service Fees	69,514	57,747	60,331
Office and Occupancy	45,069	43,361	44,573
Advertising and Promotional	22,992	20,931	21,600
Travel and Related	15,409	12,456	5,337
Intangible Asset Related	13,870	44,066	13,823
Other	36,382	25,407	19,706
Total Operating Expenses	1,222,025	1,109,018	934,175
Operating Income	387,549	336,796	366,272
Nonoperating Income (Expenses)
Investment Income, net	22,559	8,973	3,171
Gain (Loss) on Securities, net	13,181	(28,696)	9,532
Debt Expense	(12,519)	(11,073)	(1,785)
Other, net	562	222	(900)
Total Nonoperating Income (Expenses), net	23,783	(30,574)	10,018
Income Before Income Taxes	411,332	306,222	376,290
Income Tax Provision	106,551	71,658	103,982
Net Income Including the Noncontrolling Interests in Subsidiaries	304,781	234,564	272,308
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries	5,801	(4,932)	2,015
Net Income	$ 298,980	$ 239,496	$ 270,293
Amounts Attributable to Federated Hermes, Inc.
Earning per common share - basic (usd per share)	$ 3.40	$ 2.65	$ 2.77
Earnings per common share—diluted (usd per share)	3.40	2.65	2.75
Cash dividends per share (usd per share)	$ 1.11	$ 1.08	$ 1.08
Investment Advisory Fees, net \| Affiliates
Revenue
Total Revenue	$ 870,831	$ 772,993	$ 656,958
Investment Advisory Fees, net \| Nonrelated Party
Revenue
Total Revenue	244,952	238,638	259,026
Administrative Service Fees, net—Affiliates \| Affiliates
Revenue
Total Revenue	343,332	294,557	306,639
Other Service Fees, net \| Affiliates
Revenue
Total Revenue	134,429	121,383	61,326
Other Service Fees, net \| Nonrelated Party
Revenue
Total Revenue	$ 16,030	$ 18,243	$ 16,498

FHI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 383,180	$ 336,782
Prepaid Expenses	29,739	27,004
Other Current Assets	5,900	8,264
Total Current Assets	720,729	651,031
Long-Term Assets
Goodwill	807,156	800,417
Intangible Assets, net	409,449	409,157
Property and Equipment, net	30,711	35,743
Right-of-Use Assets, net	99,265	92,860
Other Long-Term Assets	34,534	31,271
Total Long-Term Assets	1,381,115	1,369,448
Total Assets	2,101,844	2,020,479
Current Liabilities
Accounts Payable and Accrued Expenses	88,290	73,901
Accrued Compensation and Benefits	158,392	149,760
Lease Liabilities	16,283	18,394
Other Current Liabilities	24,378	15,358
Total Current Liabilities	287,343	257,413
Long-Term Liabilities
Long-Term Debt	347,843	347,581
Long-Term Deferred Tax Liability, net	186,292	180,410
Long-Term Lease Liabilities	93,816	86,809
Other Long-Term Liabilities	32,453	40,753
Total Long-Term Liabilities	660,404	655,553
Total Liabilities	947,747	912,966
Commitments and Contingencies (Note (21))
TEMPORARY EQUITY
Redeemable Noncontrolling Interests in Subsidiaries	25,845	61,821
Federated Hermes, Inc. Shareholders’ Equity
Additional Paid-in Capital from Treasury Stock Transactions	2	0
Retained Earnings	1,194,561	1,015,589
Treasury Stock, at Cost, 14,664,467 and 10,229,521 Shares Class B Common Stock, respectively	(521,403)	(365,363)
Accumulated Other Comprehensive Income (Loss), net of tax	(19,911)	(45,676)
Total Permanent Equity	1,128,252	1,045,692
Total Liabilities, Temporary Equity and Permanent Equity	2,101,844	2,020,479
Investments—Consolidated Investment Companies
Current Assets
Investments	70,543	108,448
Affiliates
Current Assets
Investments	106,952	76,524
Receivables	48,694	35,941
Receivables, net of reserve of $21 and $21, respectively
Current Assets
Receivables	75,721	58,068
Class A
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 189	$ 189
Common stock, shares issued (in shares)	9,000	9,000
Class B
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 474,814	$ 440,953
Common stock, shares issued (in shares)	99,505,456	99,505,456

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 Mon Apr 15 2024, market cap of Federated Hermes Inc is 2.96 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 Mon Apr 15 2024, FHI's PE ratio (Price to Earnings) is 9.9 and Price to Sales (PS) ratio is 1.84. 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 0.06 (multiply by 100 for percentage) rate of return.