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FHI

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

35.38USD+0.42 (+1.20%)Delayed as of 19 Apr 2024, 11:56 am ET

Market Summary

FHI
USD35.38+0.42
Delayedas of 19 Apr 2024, 11:56 am
1.20%

FHI Stock Price

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FHI RSI Chart

FHI Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

9.87

Price/Sales (Trailing)

1.83

EV/EBITDA

6.9

Price/Free Cashflow

9.71

FHI Price/Sales (Trailing)

FHI Profitability

EBT Margin

25.56%

Return on Equity

26.5%

Return on Assets

14.22%

Free Cashflow Yield

10.29%

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

52 Week Range

32.3643.56
(Low)(High)

Last 7 days

-4.4%

Last 30 days

-1.5%

Last 90 days

-1.2%

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

3.18%

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
YearQ1Q2Q3Q4
20231.5B1.6B1.6B1.6B
20221.3B1.3B1.4B1.4B
20211.4B1.4B1.3B1.3B
20201.4B1.4B1.4B1.4B
20191.2B1.2B1.3B1.3B
20181.1B1.1B1.1B1.1B
20171.1B1.1B1.1B1.1B
2016978.2M1.0B1.1B1.1B
2015868.3M883.4M900.8M926.6M
2014861.9M851.1M856.1M859.3M
2013943.4M935.1M908.5M878.4M
2012886.5M892.9M917.3M945.7M
2011957.9M952.1M924.0M895.1M
20101.1B1.0B971.4M951.9M
200901.2B1.2B1.2B
20080001.2B

Tracking the Latest Insider Buys and Sells of Federated Hermes Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold FHI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Trivant Custom Portfolio Group, LLC
new
-
75,852
75,852
0.05%
Apr 17, 2024
Alpha Omega Wealth Management LLC
added
1.19
291,806
3,966,390
0.74%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
added
12.72
78,000
664,000
0.03%
Apr 16, 2024
Arlington Trust Co LLC
sold off
-100
-711
-
-%
Apr 16, 2024
WHITENER CAPITAL MANAGEMENT, INC.
sold off
-100
-319,977
-
-%
Apr 16, 2024
Stratos Wealth Advisors, LLC
sold off
-100
-237,020
-
-%
Apr 15, 2024
S.A. Mason LLC
added
0.61
2,024
30,000
0.02%
Apr 15, 2024
Legato Capital Management LLC
added
25.43
415,692
1,645,560
0.20%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
reduced
-4.48
11,671
626,501
0.02%
Apr 15, 2024
JANICZEK WEALTH MANAGEMENT, LLC
added
74.87
114,011
245,761
0.05%

1–10 of 49

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Defense World9 hours ago
Yahoo Canada Finance15 Apr 202401:40 pm
Zacks Investment Research12 Apr 202405:32 pm
Yahoo Finance13 Mar 202407:00 am

Federated Hermes Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.8%391403433382374381366325322327311341364364361359358340321307307
Operating Expenses-4.1%289301335297310284274241233228229244249251263266255251237236219
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 Taxes16.9%31.0027.0028.0021.0014.0022.0019.0018.0021.0023.0035.0025.0028.0033.0026.0022.0027.0023.0020.0018.0020.00
Earnings Before Taxes16.1%11710110192.0075.0089.0070.0072.0092.0097.0089.0099.0012912011186.0011297.0084.0073.0082.00
EBT Margin10.2%0.26*0.23*0.23*0.22*0.21*0.23*0.25*0.27*0.29*0.31*0.32*----------
Net Income9.5%82.0075.0072.0070.0056.0069.0058.0056.0069.0071.0056.0074.0095.0086.0081.0064.0082.0073.0063.0055.0062.00
Net Income Margin8.2%0.19*0.17*0.17*0.17*0.17*0.18*0.19*0.20*0.21*0.22*0.23*----------
Free Cashflow23.1%12810468.005.0013211198.00-21.1067.0042.0084.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.0%2,1022,0802,0601,9992,0201,9731,9522,0192,0181,9462,0452,0102,0612,0041,9341,9261,8801,7541,6881,6351,544
  Current Assets1.3%721712694636651630561582559478564520575569521504461421338278304
    Cash Equivalents1.7%383377343324337305249262233202254223309323278308250197180134157
  Net PPE-2.2%31.0031.0031.0033.0036.0038.0042.0045.0047.0049.0048.0051.0053.0051.0051.0051.0052.0052.0054.0054.0053.00
  Goodwill0.7%80780280780380016.00785795799798802802800792787790775766770814810
Liabilities4.2%948910868853913947929912841686632609687638643684627604574551504
  Current Liabilities12.4%287256234212257239207181271235213199265234249187231194152132181
  Long Term Debt0.0%348348348348348398397397223------------
Shareholder's Equity2.6%1,1281,1001,1341,1071,0469719681,0581,1141,2051,1621,1551,1371,1521,0871,0431,041950913898857
  Retained Earnings4.0%1,1951,1481,0981,0511,0161,0021,2251,1921,1871,1541,0921,0631,0281,0671,004949930872826807792
  Additional Paid-In Capital-86.7%0.000.00----3.004.00-0.00-----------
Accumulated Depreciation-100.0%-11712011712011511211711411011411010610210197.0095.0091.0092.0089.0090.00
Float---3,000---2,700---3,100---2,200---3,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations22.7%129,632105,63571,1445,420132,413112,01998,763-19,24769,42746,00584,964-30,013129,78390,061124,14629,251122,59999,91895,66416,759117,569
  Share Based Compensation-9.4%6,7827,4888,99710,6807,1818,8999,4329,2887,0116,3077,7609,2166,4456,2896,4687,4675,9525,9606,0787,1105,656
Cashflow From Investing-3072.2%-39,1741,3185,4081,838-31,046-1,4082,637-2,540-2,1777,9766,521-1,504-6,326-4,612-5,728-8,157-28,364-44,789-16,089-5,441-11,014
Cashflow From Financing-33.8%-91,485-68,352-61,234-22,016-78,523-43,023-101,82854,861-36,089-101,573-62,820-48,990-153,322-44,366-147,84850,400-51,313-33,858-31,589-35,920-63,884
  Dividend Payments-2.3%24,13724,70325,11124,14924,09624,14524,70624,95326,09626,32926,55126,788126,18827,05327,25527,30427,27827,32027,33227,21727,135
  Buy Backs1.5%65,05364,09841,3536,5626,9256,61291,266113,338135,92314,45338,90039,07313,61420,23417,91115,00011,6861,8607091,4852,183

FHI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
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 Related563,388512,713532,492
Distribution371,198314,554160,884
Systems and Communications84,20377,78375,429
Professional Service Fees69,51457,74760,331
Office and Occupancy45,06943,36144,573
Advertising and Promotional22,99220,93121,600
Travel and Related15,40912,4565,337
Intangible Asset Related13,87044,06613,823
Other36,38225,40719,706
Total Operating Expenses1,222,0251,109,018934,175
Operating Income387,549336,796366,272
Nonoperating Income (Expenses)   
Investment Income, net22,5598,9733,171
Gain (Loss) on Securities, net13,181(28,696)9,532
Debt Expense(12,519)(11,073)(1,785)
Other, net562222(900)
Total Nonoperating Income (Expenses), net23,783(30,574)10,018
Income Before Income Taxes411,332306,222376,290
Income Tax Provision106,55171,658103,982
Net Income Including the Noncontrolling Interests in Subsidiaries304,781234,564272,308
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries5,801(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)3.402.652.75
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 Revenue244,952238,638259,026
Administrative Service Fees, net—Affiliates | Affiliates   
Revenue   
Total Revenue343,332294,557306,639
Other Service Fees, net | Affiliates   
Revenue   
Total Revenue134,429121,38361,326
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 Expenses29,73927,004
Other Current Assets5,9008,264
Total Current Assets720,729651,031
Long-Term Assets  
Goodwill807,156800,417
Intangible Assets, net409,449409,157
Property and Equipment, net30,71135,743
Right-of-Use Assets, net99,26592,860
Other Long-Term Assets34,53431,271
Total Long-Term Assets1,381,1151,369,448
Total Assets2,101,8442,020,479
Current Liabilities  
Accounts Payable and Accrued Expenses88,29073,901
Accrued Compensation and Benefits158,392149,760
Lease Liabilities16,28318,394
Other Current Liabilities24,37815,358
Total Current Liabilities287,343257,413
Long-Term Liabilities  
Long-Term Debt347,843347,581
Long-Term Deferred Tax Liability, net186,292180,410
Long-Term Lease Liabilities93,81686,809
Other Long-Term Liabilities32,45340,753
Total Long-Term Liabilities660,404655,553
Total Liabilities947,747912,966
Commitments and Contingencies (Note (21))
TEMPORARY EQUITY  
Redeemable Noncontrolling Interests in Subsidiaries25,84561,821
Federated Hermes, Inc. Shareholders’ Equity  
Additional Paid-in Capital from Treasury Stock Transactions20
Retained Earnings1,194,5611,015,589
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 Equity1,128,2521,045,692
Total Liabilities, Temporary Equity and Permanent Equity2,101,8442,020,479
Investments—Consolidated Investment Companies  
Current Assets  
Investments70,543108,448
Affiliates  
Current Assets  
Investments106,95276,524
Receivables48,69435,941
Receivables, net of reserve of $21 and $21, respectively  
Current Assets  
Receivables75,72158,068
Class A  
Federated Hermes, Inc. Shareholders’ Equity  
Common Stock$ 189$ 189
Common stock, shares issued (in shares)9,0009,000
Class B  
Federated Hermes, Inc. Shareholders’ Equity  
Common Stock$ 474,814$ 440,953
Common stock, shares issued (in shares)99,505,45699,505,456
FHI
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
 WEBSITEfederatedinvestors.com
 INDUSTRYAsset Management
 EMPLOYEES2000

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 Thu Apr 18 2024, market cap of Federated Hermes Inc is 2.95 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 Thu Apr 18 2024, FHI's PE ratio (Price to Earnings) is 9.87 and Price to Sales (PS) ratio is 1.83. 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 0.059 (multiply by 100 for percentage) rate of return.