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Federated Hermes Inc Stock Research

FHI

35.24USD+0.08(+0.23%)Market Closed
Watchlist

Market Summary

USD35.24+0.08
Market Closed
0.23%

FHI Alerts

  • 1 major insider sales recently.

FHI Stock Price

FHI RSI Chart

FHI Valuation

FHI Profitability

EBT Margin

21.72%

Return on Equity

22.88%

Return on Assets

12.67%

FHI Fundamentals

FHI Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

18.37%

Revenue Q/Q

13.36%

FHI Earnings

Earnings (TTM)

267.8M

Earnings Y/Y

25.18%

Earnings Q/Q

3.7%

Price Action

52 Week Range

45.55
(Low)(High)

Last 7 days

0.4%

Last 30 days

4.5%

Last 90 days

-5.5%

FHI Financial Health

Current Ratio

3

Debt/Equity

0.31

Debt/Cashflow

1

FHI Investor Care

Dividend Yield

3.1%

Dividend/Share (TTM)

1.09

Diluted EPS (TTM)

3

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for FHI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-05
Nusseibeh Saker Anwar
sold
-270,905
34.7314
-7,800
ceo, hermes fund managers ltd.
2023-08-02
Van Meter Stephen
sold
-2,454
33.1682
-74.00
vp, chief compliance officer
2023-07-03
Nusseibeh Saker Anwar
sold
-1,557,280
36.1024
-43,135
ceo, hermes fund managers ltd.
2023-06-16
Uhlman Paul A
sold
-38,697
38.543
-1,004
vice president
2023-06-13
Ceresino Gordon J
gifted
-
-
-14,857
vice chairman
2023-06-13
Ceresino Gordon J
gifted
-
-
14,857
vice chairman
2023-05-26
DONAHUE J CHRISTOPHER
sold
-1,905,840
35.9843
-52,963
chairman, president & ceo
2023-05-26
Uhlman Paul A
sold
-35,210
35.387
-995
vice president
2023-05-26
Germain Peter J
sold
-84,421
35.471
-2,380
evp, clo & sec.
2023-05-25
DONAHUE J CHRISTOPHER
sold
-2,653,190
35.3759
-75,000
chairman, president & ceo

1–10 of 50

Which funds bought or sold FHI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-14
IMS Capital Management
added
0.2
-34,253
291,516
0.16%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-716
5,987
-%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
261,705
261,705
0.33%
2023-08-23
Dean Capital Management
added
39.14
115,070
589,123
0.79%
2023-08-22
COMERICA BANK
new
-
72,000
72,000
0.01%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
105
1,119,060
2,455,720
0.02%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-29.62
-1,580,670
2,675,450
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.28
-8,000
536,000
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-5.91
-91,124
474,288
-%
2023-08-18
Legato Capital Management LLC
added
39.14
115,070
589,123
0.08%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Federated Hermes

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 27, 2022
blackrock inc.
12.9%
12,535,215
SC 13G/A
Jan 26, 2022
blackrock inc.
12.9%
12,535,215
SC 13G/A
Feb 10, 2021
vanguard group inc
9.03%
8,974,884
SC 13G/A
Jan 27, 2021
blackrock inc.
12.5%
12,414,307
SC 13G/A
Feb 12, 2020
vanguard group inc
9.40%
9,508,855
SC 13G/A

Recent SEC filings of Federated Hermes

View All Filings
Date Filed Form Type Document
Sep 07, 2023
SC 13G/A
Major Ownership Report
Sep 06, 2023
4
Insider Trading
Sep 05, 2023
144
Notice of Insider Sale Intent
Aug 14, 2023
13F-HR
Fund Holdings Report
Aug 08, 2023
SC 13G/A
Major Ownership Report
Aug 02, 2023
4
Insider Trading
Aug 02, 2023
144
Notice of Insider Sale Intent
Aug 02, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jul 07, 2023
SC 13G/A
Major Ownership Report

Federated Hermes News

MarketBeat
Federated Hermes, Inc. Forecasted to Earn Q3 2023 Earnings of ....
MarketBeat,
11 hours ago
Seeking Alpha
Investing.com UK
Crane Data LLC
Crane Data Daily Links.
Crane Data LLC,
20 days ago
Zacks Investment Research

Returns for FHI

Cumulative Returns on FHI

6.8%


10-Year Cumulative Returns

5.9%


7-Year Cumulative Returns

11.2%


5-Year Cumulative Returns

20.8%


3-Year Cumulative Returns

Risks for FHI

What is the probability of a big loss on FHI?

58.5%


Probability that Federated Hermes stock will be more than 20% underwater in next one year

28.5%


Probability that Federated Hermes stock will be more than 30% underwater in next one year.

19.6%


Probability that Federated Hermes stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FHI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Federated Hermes was unfortunately bought at previous high price.

Drawdowns

Financials for Federated Hermes

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue4.5%1,5701,5031,4461,3941,3391,2841,3001,3431,3811,4301,4481,4421,4181,3791,3271,2761,2441,1791,1361,1071,076
Operating Expenses5.2%1,2261,1651,1091,0329769319349509731,0071,0301,0361,0361,009979943919857805774737
EBITDA-100.0%-334313-330366393--488474458436409395366352317319325330
EBITDA Margin-100.0%-0.22*0.22*-0.25*0.28*0.30*--0.34*0.33*0.32*0.31*0.30*0.30*0.29*0.28*0.27*0.28*0.29*0.31*
Interest Expenses---7.00---1.00---2.00---5.00---5.00--
Earnings Before Taxes9.5%357326306323330349376414437460446428405378365335322290296308315
EBT Margin-100.0%-0.22*0.21*0.23*0.25*0.27*0.29*0.31*0.32*0.32*0.31*0.30*0.29*0.27*0.28*0.26*0.26*0.25*0.26*0.28*0.29*
Net Income5.7%268253239252253252270297311337326313300282272252238215220291287
Net Income Margin-100.0%-0.17*0.17*0.18*0.19*0.20*0.21*0.22*0.23*0.24*0.23*0.22*0.21*0.20*0.21*0.20*0.19*0.18*0.19*0.26*0.27*
Free Cashflow-100.0%-345320254185171160218263300360354365336320313162156189147296
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets3.0%2,0601,9992,0201,9731,9522,0192,0181,9462,0452,0102,0612,0041,9341,9261,8801,7541,6881,6351,5441,5241,276
  Current Assets9.1%694636651630561582559478564520575569521504461421338278304272484
    Cash Equivalents5.8%343324337305249262238202254223302323278308250197180134157117375
  Net PPE-3.2%31.0033.0036.0038.0042.0045.0047.0049.0048.0051.0053.0051.0051.0051.0052.0052.0054.0054.0053.0053.0039.00
  Goodwill0.5%80780380016.00785795799798802802800792787790775766770814810819114
Liabilities1.8%868853913947929912841686632609687638643684627604574551504504456
  Current Liabilities10.5%234212257239207181271235213199265234249187231194152132181164135
  Long Term Debt0.0%348348348398397397223--------------
Shareholder's Equity2.5%1,1341,1071,0469719681,0581,1141,2051,1621,1551,1371,1521,0871,0431,041950913898857827799
  Retained Earnings4.5%1,0981,0511,0161,0021,2251,1921,1871,1541,0921,0631,0281,0671,004949930872826807792765733
  Additional Paid-In Capital-----3.004.00-0.00-------------
Accumulated Depreciation2.5%12011712011511211711411011411010610210197.0095.0091.0092.0089.0090.0087.0076.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-7.9%321349324261195181170231275314373366376347335330182175206279427
  Share Based Compensation-1.2%36.0036.0035.0035.0032.0030.0030.0030.0030.0028.0027.0026.0026.0025.0025.0025.0024.0024.0024.0023.0023.00
Cashflow From Investing9.9%-25.21-27.98-32.36-3.496.0010.0011.007.00-5.92-18.17-24.82-46.86-87.04-97.40-94.68-77.33-190-176-174-163-15.20
Cashflow From Financing16.5%-204-245-168-126-184-145-249-366-309-394-295-193-182-66.36-152-165-181-186-186-157-152
  Dividend Payments0.4%98.0097.0098.00100102104106206207207208109109109109109109109107105103
  Buy Backs-44.8%61.0011121834735530322810611291.0067.0065.0046.0029.0016.006.0011.0027.0029.0032.0039.00

FHI Income Statement

2023-06-30
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue    
Total Revenue$ 433,232$ 366,008$ 815,421$ 690,772
Operating Expenses    
Compensation and Related159,883128,086296,761262,051
Distribution97,08684,243190,420132,804
Systems and Communications22,07418,44642,04637,940
Professional Service Fees19,09913,97635,32027,444
Office and Occupancy11,40410,51224,27821,835
Advertising and Promotional5,1094,7369,4517,468
Travel and Related3,8353,3287,0665,123
Intangible Asset Related3,4183,0916,7436,425
Other12,9357,27219,78113,415
Total Operating Expenses334,843273,690631,866514,505
Operating Income98,38992,318183,555176,267
Nonoperating Income (Expenses)    
Investment Income, net5,2491,57710,0682,671
Gain (Loss) on Securities, net40(20,885)5,533(32,580)
Debt Expense(3,118)(3,350)(6,243)(4,571)
Other, net(15)(13)10768
Total Nonoperating Income (Expenses), net2,156(22,671)9,465(34,412)
Income Before Income Taxes100,54569,647193,020141,855
Income Tax Provision27,54318,88948,55236,500
Net Income Including the Noncontrolling Interests in Subsidiaries73,00250,758144,468105,355
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries827(6,899)2,692(8,165)
Net Income$ 72,175$ 57,657$ 141,776$ 113,520
Amounts Attributable to Federated Hermes, Inc.    
Earnings Per Common Share—Basic (usd per share)$ 0.81$ 0.64$ 1.59$ 1.24
Earnings Per Common Share—Diluted (usd per share)0.810.641.591.24
Cash Dividends Per Share (usd per share)$ 0.28$ 0.27$ 0.55$ 0.54
Investment Advisory Fees, net | Affiliates    
Revenue    
Total Revenue$ 249,421$ 197,466$ 451,310$ 367,687
Investment Advisory Fees, net | Nonrelated Party    
Revenue    
Total Revenue60,91660,577123,008123,350
Administrative Service Fees, net—Affiliates | Affiliates    
Revenue    
Total Revenue85,19970,182164,378143,689
Other Service Fees, net | Affiliates    
Revenue    
Total Revenue33,99433,24868,85746,855
Other Service Fees, net | Nonrelated Party    
Revenue    
Total Revenue$ 3,702$ 4,535$ 7,868$ 9,191

FHI Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and Cash Equivalents$ 342,757$ 336,782
Prepaid Expenses29,20927,004
Other Current Assets6,4568,264
Total Current Assets694,348651,031
Long-Term Assets  
Goodwill806,674800,417
Intangible Assets, net of accumulated amortization of $56,959 and $47,650, respectively415,112409,157
Property and Equipment, net of accumulated depreciation of $119,924 and $119,640, respectively31,46435,743
Right-of-Use Assets, net80,78792,860
Other Long-Term Assets31,35831,271
Total Long-Term Assets1,365,3951,369,448
Total Assets2,059,7432,020,479
Current Liabilities  
Accounts Payable and Accrued Expenses82,24673,901
Accrued Compensation and Benefits99,940149,760
Lease Liabilities19,05718,394
Other Current Liabilities33,25315,358
Total Current Liabilities234,496257,413
Long-Term Liabilities  
Long-Term Debt347,711347,581
Long-Term Deferred Tax Liability, net180,431180,410
Long-Term Lease Liabilities73,27486,809
Other Long-Term Liabilities31,96340,753
Total Long-Term Liabilities633,379655,553
Total Liabilities867,875912,966
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY  
Redeemable Noncontrolling Interests in Subsidiaries58,01261,821
Federated Hermes, Inc. Shareholders’ Equity  
Retained Earnings1,098,1471,015,589
Treasury Stock, at Cost, 11,215,316 and 10,229,521 Shares Class B Common Stock, respectively(403,501)(365,363)
Accumulated Other Comprehensive Income (Loss), net of tax(21,579)(45,676)
Total Permanent Equity1,133,8561,045,692
Total Liabilities, Temporary Equity and Permanent Equity2,059,7432,020,479
Consolidated Investment Companies  
Current Assets  
Investments108,426108,448
Affiliates  
Current Assets  
Investments69,62576,524
Receivables61,46935,941
Nonrelated Party  
Current Assets  
Receivables76,40658,068
Class A  
Federated Hermes, Inc. Shareholders’ Equity  
Common Stock189189
Class B  
Federated Hermes, Inc. Shareholders’ Equity  
Common Stock$ 460,600$ 440,953
John C. Donahue
1970
Federated Hermes, Inc. is a publicly owned asset management holding company. 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.