NYSE:FHI Federated Hermes (FHI) Stock Price, News & Analysis $33.65 -0.86 (-2.49%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$33.61â–Ľ$34.7450-Day Range$32.21â–Ľ$35.4352-Week Range$30.23â–Ľ$37.10Volume481,732 shsAverage Volume745,387 shsMarket Capitalization$2.83 billionP/E Ratio9.56Dividend Yield3.68%Price Target$37.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends Get Federated Hermes alerts: Email Address Federated Hermes MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.9% Upside$37.67 Price TargetShort InterestHealthy3.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.58Upright™ Environmental ScoreNews Sentiment0.06Based on 7 Articles This WeekInsider TradingSelling Shares$2.64 M Sold Last QuarterProj. Earnings Growth8.84%From $3.62 to $3.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.36 out of 5 starsFinance Sector145th out of 871 stocksInvestment Advice Industry14th out of 51 stocks 2.3 Analyst's Opinion Consensus RatingFederated Hermes has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageFederated Hermes has only been the subject of 4 research reports in the past 90 days.Read more about Federated Hermes' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.56% of the float of Federated Hermes has been sold short.Short Interest Ratio / Days to CoverFederated Hermes has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Federated Hermes has recently increased by 16.12%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFederated Hermes is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFederated Hermes does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Federated Hermes is 35.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Federated Hermes will have a dividend payout ratio of 31.47% next year. This indicates that Federated Hermes will be able to sustain or increase its dividend.Read more about Federated Hermes' dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFederated Hermes has received a 13.42% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Mutual funds investing in the finance industry", "Mutual funds investing in the energy industry", "Mutual funds investing in the chemicals industry", "Mutual funds investing in the retail industry", and "Mutual funds investing in the healthcare industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Federated Hermes is -0.58. Previous Next 1.7 News and Social Media Coverage News SentimentFederated Hermes has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Federated Hermes this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for FHI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Federated Hermes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Federated Hermes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,644,911.00 in company stock.Percentage Held by InsidersOnly 3.70% of the stock of Federated Hermes is held by insiders.Percentage Held by Institutions75.94% of the stock of Federated Hermes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Federated Hermes' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Federated Hermes are expected to grow by 8.84% in the coming year, from $3.62 to $3.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Federated Hermes is 9.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Federated Hermes is 9.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.61.Price to Earnings Growth RatioFederated Hermes has a PEG Ratio of 1.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFederated Hermes has a P/B Ratio of 2.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Federated Hermes' valuation and earnings. 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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.Read More FHI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FHI Stock News HeadlinesSeptember 6 at 5:09 AM | americanbankingnews.comFederated Hermes (NYSE:FHI) PT Lowered to $36.00September 5 at 3:55 PM | benzinga.comExpert Outlook: Federated Hermes Through The Eyes Of 5 AnalystsSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 4 at 2:59 AM | americanbankingnews.comFederated Hermes (NYSE:FHI) Downgraded by StockNews.comAugust 30, 2024 | prnewswire.comFederated Hermes Premier Municipal Income Fund announces tender offerAugust 29, 2024 | americanbankingnews.comFederated Hermes, Inc. (NYSE:FHI) Forecasted to Post Q1 2026 Earnings of $0.94 Per ShareAugust 29, 2024 | americanbankingnews.comStockNews.com Upgrades Federated Hermes (NYSE:FHI) to BuyAugust 23, 2024 | prnewswire.comFederated Hermes achieves shareholder approval related to the Federated Hermes MDT Large Cap Growth ETFSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 15, 2024 | prnewswire.comMonth-end portfolio data now available for Federated Hermes Premier Municipal Income FundAugust 12, 2024 | prnewswire.comFederated Hermes Premier Municipal Income Fund declares dividendAugust 9, 2024 | prnewswire.comFederated Hermes seeking shareholder approval related to the Federated Hermes MDT Large Cap Growth ETFAugust 7, 2024 | stocknews.com3 Asset Management Stocks Analysts Expect to Surge in 2024August 6, 2024 | benzinga.comVice President Of Federated Hermes Sold $2.61M In StockAugust 4, 2024 | finance.yahoo.comWhy You Might Be Interested In Federated Hermes, Inc. (NYSE:FHI) For Its Upcoming DividendJuly 31, 2024 | nasdaq.comFederated Hermes Named Top 25 Dividend Stock With 3.54% Yield (FHI)July 31, 2024 | finance.yahoo.comFederated Hermes, Inc. launches four MDT quantitative active ETFsJuly 29, 2024 | finance.yahoo.comFederated Hermes (NYSE:FHI) Is Due To Pay A Dividend Of $0.31See More Headlines Receive FHI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Federated Hermes and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Ex-Dividend for 8/15 Dividend8/08/2024Dividend Payable8/15/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryTrading Current SymbolNYSE:FHI CUSIPN/A CIK1056288 Webwww.federatedinvestors.com Phone(412) 288-1900Fax412-288-6823Employees2,025Year Founded1955Price Target and Rating Average Stock Price Target$37.67 High Stock Price Target$47.00 Low Stock Price Target$33.00 Potential Upside/Downside+11.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.52 Trailing P/E Ratio9.56 Forward P/E Ratio9.30 P/E Growth1.34Net Income$298.98 million Net Margins15.90% Pretax Margin22.91% Return on Equity28.60% Return on Assets15.36% Debt Debt-to-Equity Ratio0.34 Current Ratio2.75 Quick Ratio2.09 Sales & Book Value Annual Sales$1.59 billion Price / Sales1.78 Cash Flow$3.77 per share Price / Cash Flow8.93 Book Value$12.31 per share Price / Book2.73Miscellaneous Outstanding Shares84,159,000Free Float81,045,000Market Cap$2.83 billion OptionableNot Optionable Beta1.16 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. John Christopher Donahue (Age 75)President, CEO & Chairman Comp: $4.39MMr. Thomas Robert Donahue (Age 65)VP, Treasurer, CFO & Director Comp: $3.75MMr. Saker Anwar Nusseibeh CBE (Age 62)Ph.D., Chief Executive Officer of Federated Hermes Limited Comp: $2.18MMs. Mary Jo Ochson CFA (Age 71)Head of the Tax-Free Money Market Investment Area, Chief Investment Officer, SVP & Sr Portfolio Mngr Mr. Richard Anthony Novak (Age 61)VP, Assistant Treasurer & Principal Accounting Officer Mr. Raymond J. HanleySenior Vice PresidentMr. Stephen Paul Van Meter (Age 49)VP & Chief Compliance Officer Mr. Peter J. Germain (Age 65)Executive VP, Chief Legal Officer & Secretary Mr. J. T. TuskanSenior VP and Director of Marketing & Corporate CommunicationsMs. Dolores D. Dudiak (Age 65)VP & Director of Human Resources More ExecutivesKey CompetitorsRexford Industrial RealtyNYSE:REXRHoulihan LokeyNYSE:HLIAmericold Realty TrustNYSE:COLDBrixmor Property GroupNYSE:BRXFutuNASDAQ:FUTUView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 9,740 shares on 8/21/2024Ownership: 0.057%Algert Global LLCBought 89,140 shares on 8/16/2024Ownership: 0.416%Cim Investment Management Inc.Sold 1,697 shares on 8/16/2024Ownership: 0.008%Millennium Management LLCBought 10,552 shares on 8/15/2024Ownership: 1.152%The Manufacturers Life Insurance Company Sold 2,293 shares on 8/15/2024Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions FHI Stock Analysis - Frequently Asked Questions How have FHI shares performed this year? Federated Hermes' stock was trading at $33.86 at the beginning of the year. Since then, FHI shares have decreased by 0.6% and is now trading at $33.65. View the best growth stocks for 2024 here. How were Federated Hermes' earnings last quarter? Federated Hermes, Inc. (NYSE:FHI) posted its quarterly earnings data on Thursday, July, 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.89 by $0.07. The company's revenue was down 7.1% on a year-over-year basis. Does Federated Hermes have any subsidiaries? The following companies are subsidiaries of Federated Hermes: Federated Administrative Services, Federated Advisory Services Company, Federated Asset Management GmbH, Federated Equity Management Company of Pennsylvania, Federated Global Holdings LLC, Federated Global Investment Management Corp., Federated Holdings (UK) Limited, and more. Who are Federated Hermes' major shareholders? Federated Hermes' top institutional investors include AQR Capital Management LLC (3.20%), Dimensional Fund Advisors LP (2.84%), Assenagon Asset Management S.A. (1.36%) and Millennium Management LLC (1.15%). Insiders that own company stock include Thomas R Donahue, John B Fisher, J Christopher Donahue, Paul A Uhlman, Peter J Germain, Saker Anwar Nusseibeh, Gordon J Ceresino, Dolores D Dudiak, Michael J Farrell, Richard A Novak and Meter Stephen Van. View institutional ownership trends. How do I buy shares of Federated Hermes? Shares of FHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Federated Hermes own? Based on aggregate information from My MarketBeat watchlists, some other companies that Federated Hermes investors own include AbbVie (ABBV), Bristol-Myers Squibb (BMY), Gilead Sciences (GILD), Micron Technology (MU), Tesla (TSLA), Allison Transmission (ALSN) and Alexion Pharmaceuticals (ALXN). 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