Symbols / FHI Stock $55.90 -0.37% Federated Hermes, Inc.

Financial Services • Asset Management • United States • NYQ
FHI (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO Mr. John Christopher Donahue
Exch · Country NYQ · United States
Market Cap 4.24B
Enterprise Value 3.91B
Income 380.53M
Sales 1.86B
FCF (ttm) 364.82M
Book/sh 16.72
Cash/sh 8.91
Employees 2,091
Insider 10d —
IPO May 14, 1998
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 26.41%
P/E 10.85
Forward P/E 9.93
PEG 2.22
P/S 2.29
P/B 3.34
P/C —
EV/EBITDA 7.38
EV/Sales 2.11
Quick Ratio 3.07
Current Ratio 3.28
Debt/Eq 35.67
LT Debt/Eq —
EPS (ttm) 5.15
EPS next Y 5.63
EPS Growth 1.60%
Revenue Growth 13.10%
EPS Gr Q/Q -4.70%
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-04-30
ROA 15.33%
ROE 33.76%
ROIC —
Gross Margin 68.29%
Oper. Margin 26.38%
Profit Margin 21.47%
Shs Outstand 75.90M
Shs Float 69.19M
Insider Own 4.05%
Instit Own 90.71%
Short Float 5.00%
Short Ratio 4.24
Short Interest 3.63M
52W High 59.05
vs 52W High -5.33%
52W Low 41.71
vs 52W Low 34.02%
Beta 0.65
Impl. Vol. 3.13%
Rel Volume 0.73
Avg Volume 849.32K
Volume 620.29K
Target (mean) $54.71
Tgt Median $54.00
Tgt Low $53.00
Tgt High $58.00
# Analysts 7
Recom Hold
Prev Close $56.11
Price $55.90
Change -0.37%
About

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; Chicago, Illinois and London, United Kingdom.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$54.71
Mean price target
2. Current target
$55.90
Latest analyst target
3. DCF / Fair value
$86.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$55.90
Low
$53.00
High
$58.00
Mean
$54.71

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-06 main RBC Capital Sector Perform → Sector Perform $54
2026-05-04 main JP Morgan Underweight → Underweight $53
2026-05-04 main TD Cowen Hold → Hold $54
2026-04-16 down JP Morgan Neutral → Underweight $56
2026-02-03 reit RBC Capital Sector Perform → Sector Perform $55
2026-01-14 main TD Cowen Hold → Hold $54
2025-11-04 main TD Cowen Buy → Buy $53
2025-11-03 main JP Morgan Neutral → Neutral $56
2025-10-07 main JP Morgan Neutral → Neutral $55
2025-09-05 main Evercore ISI Group Outperform → Outperform $55
2025-08-14 main RBC Capital Sector Perform → Sector Perform $51
2025-08-04 main Evercore ISI Group Outperform → Outperform $48
2025-08-04 up JP Morgan Underweight → Neutral $54
2025-07-10 main RBC Capital Sector Perform → Sector Perform $45
2025-07-09 main JP Morgan Underweight → Underweight $40
2025-05-07 main RBC Capital Sector Perform → Sector Perform $43
2025-04-28 main Evercore ISI Group Outperform → Outperform $41
2025-04-11 main Evercore ISI Group Outperform → Outperform $38
2025-02-05 down JP Morgan Neutral → Underweight $41
2025-02-03 main UBS Neutral → Neutral $40
News
RSS: Latest FHI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-26 UHLMAN PAUL A. Officer — 1,021 $55.30 $56,466
2026-05-26 GERMAIN PETER J Officer — 409 $55.31 $22,622
2026-05-18 DONAHUE THOMAS ROBERT Chief Financial Officer — 31,200 $0.00 $0
2026-05-15 GERMAIN PETER J Officer — 5,000 $54.30 $271,477
2026-05-04 UHLMAN PAUL A. Officer — 40,000 $0.00 $0
2026-05-01 BARTOLACCI JOSEPH C Director — 2,000 $0.00 $0
2026-05-01 JONES MARIE MILIE Director — 2,000 $0.00 $0
2026-05-01 HANLON KAREN Director — 2,000 $0.00 $0
2026-03-13 DONAHUE THOMAS ROBERT Chief Financial Officer — 30,000 $57.10 $1,713,087
2026-03-12 UHLMAN PAUL A. Officer — 72,392 $56.15 $4,070,755
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,800.66
+10.33%
1,632.09
+1.40%
1,609.57
+11.33%
1,445.81
Operating Revenue
1,800.66
+10.33%
1,632.09
+1.40%
1,609.57
+11.33%
1,445.81
Cost Of Revenue
577.69
+6.88%
540.49
-4.07%
563.39
+9.88%
512.71
Reconciled Cost Of Revenue
577.69
+6.88%
540.49
-4.07%
563.39
+9.88%
512.71
Gross Profit
1,222.98
+12.03%
1,091.61
+4.34%
1,046.19
+12.12%
933.10
Operating Expense
695.36
+6.85%
650.78
+0.93%
644.77
+16.76%
552.24
Selling General And Administration
676.34
+9.58%
617.23
+4.09%
592.98
+15.28%
514.38
Selling And Marketing Expense
457.38
+12.54%
406.42
+3.10%
394.19
+17.50%
335.49
General And Administrative Expense
—
—
—
—
Other Gand A
179.26
+4.91%
170.87
+11.16%
153.72
+13.42%
135.53
Other Operating Expenses
19.03
-43.28%
33.55
-35.22%
51.79
+36.79%
37.86
Total Expenses
1,273.05
+6.87%
1,191.27
-1.40%
1,208.15
+13.45%
1,064.95
Operating Income
527.61
+19.69%
440.83
+9.82%
401.42
+5.40%
380.86
Total Operating Income As Reported
513.88
+42.17%
361.47
-6.73%
387.55
+15.07%
336.80
EBITDA
582.52
+39.79%
416.70
-7.54%
450.69
+30.49%
345.38
Normalized EBITDA
549.84
+18.65%
463.40
+8.06%
428.82
+4.80%
409.17
Reconciled Depreciation
22.26
-0.75%
22.43
-16.42%
26.84
-4.45%
28.09
EBIT
560.26
+42.10%
394.27
-6.98%
423.85
+33.58%
317.30
Total Unusual Items
32.68
+169.99%
-46.69
-313.50%
21.87
+134.28%
-63.79
Total Unusual Items Excluding Goodwill
32.68
+169.99%
-46.69
-313.50%
21.87
+134.28%
-63.79
Special Income Charges
-13.73
+82.70%
-79.36
-472.18%
-13.87
+68.52%
-44.07
Impairment Of Capital Assets
13.73
-82.70%
79.36
+472.18%
13.87
-68.52%
44.07
Net Income
403.30
+50.31%
268.31
-10.26%
298.98
+24.84%
239.50
Pretax Income
547.53
+43.48%
381.61
-7.23%
411.33
+34.32%
306.22
Net Non Operating Interest Income Expense
-12.73
-0.53%
-12.66
-1.17%
-12.52
-13.06%
-11.07
Interest Expense Non Operating
12.73
+0.53%
12.66
+1.17%
12.52
+13.06%
11.07
Net Interest Income
-12.73
-0.53%
-12.66
-1.17%
-12.52
-13.06%
-11.07
Interest Expense
12.73
+0.53%
12.66
+1.17%
12.52
+13.06%
11.07
Other Income Expense
32.65
+170.12%
-46.55
-307.53%
22.43
+135.29%
-63.57
Other Non Operating Income Expenses
-0.04
-125.90%
0.14
-75.27%
0.56
+153.15%
0.22
Gain On Sale Of Security
46.41
+42.07%
32.67
-8.60%
35.74
+281.21%
-19.72
Tax Provision
133.43
+17.89%
113.18
+6.22%
106.55
+48.69%
71.66
Tax Rate For Calcs
0.00
-17.73%
0.00
+14.49%
0.00
+10.70%
0.00
Tax Effect Of Unusual Items
7.97
+157.58%
-13.85
-344.45%
5.67
+137.95%
-14.93
Net Income Including Noncontrolling Interests
414.10
+54.27%
268.43
-11.93%
304.78
+29.94%
234.56
Net Income From Continuing Operation Net Minority Interest
403.30
+50.31%
268.31
-10.26%
298.98
+24.84%
239.50
Net Income From Continuing And Discontinued Operation
403.30
+50.31%
268.31
-10.26%
298.98
+24.84%
239.50
Net Income Continuous Operations
414.10
+54.27%
268.43
-11.93%
304.78
+29.94%
234.56
Minority Interests
-10.80
-9206.90%
-0.12
+98.00%
-5.80
-217.62%
4.93
Normalized Income
378.59
+25.71%
301.16
+6.50%
282.78
-1.94%
288.36
Net Income Common Stockholders
385.16
+50.04%
256.71
-9.93%
285.00
+25.18%
227.67
Otherunder Preferred Stock Dividend
18.14
+56.31%
11.61
-16.99%
13.98
+18.20%
11.83
Diluted EPS
5.13
+58.82%
3.23
-5.00%
3.40
+28.30%
2.65
Basic EPS
5.13
+58.82%
3.23
-5.00%
3.40
+28.30%
2.65
Basic Average Shares
75.10
-5.45%
79.43
-5.29%
83.86
-2.22%
85.76
Diluted Average Shares
75.10
-5.45%
79.43
-5.29%
83.86
-2.22%
85.77
Diluted NI Availto Com Stockholders
385.16
+50.04%
256.71
-9.93%
285.00
+25.18%
227.67
Average Dilution Earnings
—
—
0.00
0.00
Amortization
—
—
—
44.07
Amortization Of Intangibles Income Statement
—
—
—
44.07
Depreciation Amortization Depletion Income Statement
—
—
—
44.07
Depreciation And Amortization In Income Statement
—
—
—
44.07
Rent And Landing Fees
39.70
-0.63%
39.95
-11.37%
45.07
+3.94%
43.36
Rent Expense Supplemental
39.70
-0.63%
39.95
-11.37%
45.07
+3.94%
43.36
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,229.34
+6.94%
2,084.68
-0.82%
2,101.84
+4.03%
2,020.48
Current Assets
863.79
+10.55%
781.35
+8.41%
720.73
+10.71%
651.03
Cash Cash Equivalents And Short Term Investments
724.30
+12.99%
641.04
+14.33%
560.67
+7.46%
521.75
Cash And Cash Equivalents
582.54
+15.48%
504.44
+31.65%
383.18
+13.78%
336.78
Other Short Term Investments
141.75
+3.77%
136.60
-23.04%
177.50
-4.04%
184.97
Receivables
89.78
-15.48%
106.22
-14.62%
124.42
+32.34%
94.01
Accounts Receivable
47.55
-31.97%
69.90
-7.68%
75.72
+30.40%
58.07
Gross Accounts Receivable
47.57
-31.96%
69.92
-7.68%
75.74
+30.39%
58.09
Allowance For Doubtful Accounts Receivable
-0.02
+0.00%
-0.02
+0.00%
-0.02
+0.00%
-0.02
Prepaid Assets
36.83
+25.73%
29.29
-1.50%
29.74
+10.13%
27.00
Other Current Assets
12.88
+168.66%
4.80
-18.71%
5.90
-28.61%
8.26
Total Non Current Assets
1,365.55
+4.77%
1,303.33
-5.63%
1,381.12
+0.85%
1,369.45
Net PPE
120.63
-7.40%
130.28
+0.23%
129.98
+1.07%
128.60
Gross PPE
207.59
-16.42%
248.38
-0.58%
249.83
+0.64%
248.24
Accumulated Depreciation
-86.95
+26.37%
-118.10
+1.46%
-119.85
-0.18%
-119.64
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
64.98
-36.23%
101.90
-6.18%
108.62
-5.66%
115.14
Other Properties
95.79
-8.52%
104.71
+5.49%
99.27
+6.90%
92.86
Leases
46.81
+12.09%
41.76
-0.43%
41.95
+4.23%
40.24
Goodwill And Other Intangible Assets
1,183.61
+4.49%
1,132.70
-6.90%
1,216.61
+0.58%
1,209.54
Goodwill
852.10
+5.88%
804.82
-0.29%
807.16
+0.84%
800.42
Other Intangible Assets
331.51
+1.11%
327.88
-19.92%
409.45
+0.08%
409.12
Other Non Current Assets
61.30
+51.90%
40.36
+16.86%
34.53
+10.31%
31.31
Total Liabilities Net Minority Interest
965.86
+3.42%
933.96
-1.45%
947.75
+3.81%
912.97
Current Liabilities
314.14
+8.63%
289.19
+0.64%
287.34
+11.63%
257.41
Payables And Accrued Expenses
99.05
-0.97%
100.01
+13.28%
88.29
+19.47%
73.90
Pensionand Other Post Retirement Benefit Plans Current
176.33
+12.26%
157.07
-0.84%
158.39
+5.76%
149.76
Current Debt And Capital Lease Obligation
20.15
+20.68%
16.70
+2.53%
16.28
-11.48%
18.39
Current Capital Lease Obligation
20.15
+20.68%
16.70
+2.53%
16.28
-11.48%
18.39
Other Current Liabilities
18.62
+20.76%
15.42
-36.75%
24.38
+58.73%
15.36
Total Non Current Liabilities Net Minority Interest
651.72
+1.08%
644.77
-2.37%
660.40
+0.74%
655.55
Long Term Debt And Capital Lease Obligation
436.86
-1.89%
445.27
+0.82%
441.66
+1.67%
434.39
Long Term Debt
348.37
+0.08%
348.11
+0.08%
347.84
+0.08%
347.58
Long Term Capital Lease Obligation
88.49
-8.93%
97.17
+3.57%
93.82
+8.07%
86.81
Non Current Deferred Liabilities
183.54
+7.36%
170.96
-8.23%
186.29
+3.26%
180.41
Non Current Deferred Taxes Liabilities
183.54
+7.36%
170.96
-8.23%
186.29
+3.26%
180.41
Other Non Current Liabilities
31.32
+9.72%
28.54
-12.05%
32.45
-20.37%
40.75
Stockholders Equity
1,196.95
+9.29%
1,095.21
-2.93%
1,128.25
+7.90%
1,045.69
Common Stock Equity
1,196.95
+9.29%
1,095.21
-2.93%
1,128.25
+7.90%
1,045.69
Capital Stock
532.60
+5.77%
503.52
+6.00%
475.00
+7.68%
441.14
Common Stock
532.60
+5.77%
503.52
+6.00%
475.00
+7.68%
441.14
Share Issued
99.51
+0.00%
99.51
+0.00%
99.51
+0.00%
99.51
Ordinary Shares Number
76.40
-6.57%
81.77
-3.63%
84.85
-4.97%
89.28
Treasury Shares Number
23.12
+30.28%
17.75
+21.01%
14.66
+43.35%
10.23
Additional Paid In Capital
—
0.00
-100.00%
0.00
0.00
Retained Earnings
1,531.08
+21.84%
1,256.60
+5.19%
1,194.56
+17.62%
1,015.59
Gains Losses Not Affecting Retained Earnings
6.48
+120.21%
-32.08
-61.13%
-19.91
+56.41%
-45.68
Treasury Stock
873.21
+37.98%
632.84
+21.37%
521.40
+42.71%
365.36
Minority Interest
66.53
+19.84%
55.51
+114.80%
25.84
-58.19%
61.82
Other Equity Adjustments
6.48
+120.21%
-32.08
-61.13%
-19.91
+56.41%
-45.68
Total Equity Gross Minority Interest
1,263.48
+9.80%
1,150.72
-0.29%
1,154.10
+4.21%
1,107.51
Total Capitalization
1,545.32
+7.07%
1,443.31
-2.22%
1,476.10
+5.94%
1,393.27
Working Capital
549.65
+11.68%
492.16
+13.56%
433.39
+10.10%
393.62
Invested Capital
1,545.32
+7.07%
1,443.31
-2.22%
1,476.10
+5.94%
1,393.27
Total Debt
457.01
-1.07%
461.97
+0.88%
457.94
+1.14%
452.78
Net Debt
—
—
—
10.80
Capital Lease Obligations
108.64
-4.59%
113.86
+3.42%
110.10
+4.65%
105.20
Net Tangible Assets
13.34
+135.57%
-37.49
+57.56%
-88.35
+46.08%
-163.85
Tangible Book Value
13.34
+135.57%
-37.49
+57.56%
-88.35
+46.08%
-163.85
Duefrom Related Parties Current
42.23
+16.27%
36.32
-25.42%
48.69
+35.48%
35.94
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
297.35
-14.20%
346.55
+11.14%
311.83
-3.74%
323.95
Cash Flow From Continuing Operating Activities
297.35
-14.20%
346.55
+11.14%
311.83
-3.74%
323.95
Net Income From Continuing Operations
414.10
+54.27%
268.43
-11.93%
304.78
+29.94%
234.56
Depreciation Amortization Depletion
22.26
-0.75%
22.43
-16.42%
26.84
-4.45%
28.09
Depreciation And Amortization
22.26
-0.75%
22.43
-16.42%
26.84
-4.45%
28.09
Stock Based Compensation
29.13
+1.20%
28.78
-15.21%
33.95
-4.39%
35.51
Asset Impairment Charge
0.00
-100.00%
66.33
0.00
-100.00%
31.52
Deferred Tax
10.77
+172.11%
-14.94
-451.25%
4.25
+122.59%
-18.82
Deferred Income Tax
10.77
+172.11%
-14.94
-451.25%
4.25
+122.59%
-18.82
Operating Gains Losses
-164.75
-332.07%
-38.13
-17.61%
-32.42
-111.27%
-15.35
Unrealized Gain Loss On Investment Securities
-10.79
-174.73%
-3.93
+70.73%
-13.42
-155.05%
24.38
Change In Working Capital
-3.36
-119.14%
17.57
+244.77%
-12.14
-399.09%
4.06
Change In Receivables
4.03
-76.80%
17.35
+162.93%
-27.57
-531.28%
-4.37
Change In Prepaid Assets
-18.30
-192.08%
19.87
-4.23%
20.75
+11.66%
18.58
Change In Payables And Accrued Expense
5.93
-36.65%
9.36
-36.02%
14.63
+213.28%
4.67
Change In Other Current Liabilities
4.98
+117.17%
-29.00
-45.40%
-19.95
-34.55%
-14.82
Investing Cash Flow
2.01
-96.88%
64.25
+309.90%
-30.61
+5.40%
-32.36
Cash Flow From Continuing Investing Activities
2.01
-96.88%
64.25
+309.90%
-30.61
+5.40%
-32.36
Net PPE Purchase And Sale
-2.76
+31.36%
-4.02
+49.16%
-7.92
-81.04%
-4.37
Purchase Of PPE
-2.76
+31.36%
-4.02
+49.16%
-7.92
-81.04%
-4.37
Capital Expenditure
-2.76
+31.36%
-4.02
+49.16%
-7.92
-81.04%
-4.37
Net Business Purchase And Sale
10.80
-85.08%
72.38
+418.90%
-22.70
+18.90%
-27.98
Purchase Of Business
-18.69
+60.66%
-47.52
+18.07%
-58.00
-156.13%
-22.64
Gain Loss On Sale Of Business
-154.45
-322.24%
-36.58
-11.93%
-32.68
-61.87%
-20.19
Net Other Investing Changes
-6.03
-47.02%
-4.10
—
—
Financing Cash Flow
-237.88
+16.94%
-286.40
-17.82%
-243.09
-44.25%
-168.51
Cash Flow From Continuing Financing Activities
-237.88
+16.94%
-286.40
-17.82%
-243.09
-44.25%
-168.51
Net Issuance Payments Of Debt
—
0.00
0.00
-100.00%
126.65
Issuance Of Debt
—
0.00
0.00
-100.00%
488.30
Repayment Of Debt
—
0.00
0.00
+100.00%
-361.65
Long Term Debt Issuance
—
0.00
0.00
-100.00%
488.30
Long Term Debt Payments
—
0.00
0.00
+100.00%
-361.65
Net Long Term Debt Issuance
—
0.00
0.00
-100.00%
126.65
Net Common Stock Issuance
-262.77
-90.95%
-137.62
+22.28%
-177.07
+18.83%
-218.14
Common Stock Payments
-262.77
-90.95%
-137.62
+22.28%
-177.07
+18.83%
-218.14
Common Stock Dividend Paid
-104.87
+43.25%
-184.81
-88.40%
-98.09
-0.18%
-97.92
Cash Dividends Paid
-104.87
+43.25%
-184.81
-88.40%
-98.09
-0.18%
-97.92
Repurchase Of Capital Stock
-262.77
-90.95%
-137.62
+22.28%
-177.07
+18.83%
-218.14
Net Other Financing Charges
129.76
+260.17%
36.03
+12.34%
32.07
+53.51%
20.89
Changes In Cash
61.47
-50.59%
124.41
+226.24%
38.13
-69.02%
123.08
Effect Of Exchange Rate Changes
15.35
+504.37%
-3.79
-148.25%
7.87
+138.99%
-20.17
Beginning Cash Position
507.57
+31.17%
386.95
+13.49%
340.95
+43.23%
238.05
End Cash Position
584.38
+15.13%
507.57
+31.17%
386.95
+13.49%
340.95
Free Cash Flow
294.58
-14.00%
342.53
+12.71%
303.92
-4.90%
319.58
Interest Paid Supplemental Data
11.80
+1.84%
11.59
-0.48%
11.65
+62.14%
7.18
Income Tax Paid Supplemental Data
—
125.87
+15.86%
108.64
+26.95%
85.58
Sale Of Business
42.24
-64.77%
119.89
+239.60%
35.30
+55.05%
22.77
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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