Federated Hermes (FHI)
(Delayed Data from NYSE)
$34.51 USD
-0.24 (-0.69%)
Updated Sep 5, 2024 04:00 PM ET
After-Market: $34.51 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth F Momentum B VGM
Company Summary
Headquartered in Pittsburgh, PA, Federated Hermes, Inc. is a global asset manager with $782.7 billion in AUM as of June 30, 2024. It was formed from the merger between Federated Investors and Hermes Investment Management.
The combined identity was achieved by Federated Investors, Inc. changing its corporate name and ticker symbol on the New York Stock Exchange from FII to FHI. Federated offers world-class active investment management and engagement services across a wide range of asset classes for investors around the world.
Federated’s clients include corporations, government entities, insurance companies, foundations and endowments, ...
Company Summary
Headquartered in Pittsburgh, PA, Federated Hermes, Inc. is a global asset manager with $782.7 billion in AUM as of June 30, 2024. It was formed from the merger between Federated Investors and Hermes Investment Management.
The combined identity was achieved by Federated Investors, Inc. changing its corporate name and ticker symbol on the New York Stock Exchange from FII to FHI. Federated offers world-class active investment management and engagement services across a wide range of asset classes for investors around the world.
Federated’s clients include corporations, government entities, insurance companies, foundations and endowments, banks, and brokers/dealers.
Federated provides investment advisory, administrative, distribution, and other services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds) and Separate Accounts (which include separately managed accounts, institutional accounts, certain sub-advised funds, and other managed products) in both domestic and international markets. The company offers financial intermediaries and institutions strategies that include regional and global high-active-share equities, fixed income, real estate, infrastructure, private equity, and private debt. Beyond investment management, Federated markets and provides stewardship and real estate development services to various domestic and international companies.
In 2022, Federated closed the acquisition of substantially all assets of C.W. Henderson and Associates, Inc. In 2021, it completed the buyout of certain investment management-related assets of Horizon Advisers, and the changeover of equity and fixed-income fund assets worth nearly $562 million. Also, it acquired the remaining 29.5% interest in London-based Hermes Fund Managers Limited from BT Pension Scheme (BTPS). In 2018, Federated acquired a controlling interest (60%) in Hermes Fund Managers Limited.
General Information
Federated Hermes, Inc
1001 LIBERTY AVENUE
PITTSBURGH, PA 15222
Phone: 412-288-1900
Fax: 412-288-6823
Web: http://www.federatedinvestors.com
Email: investors@federatedhermes.com
Industry | Financial - Investment Management |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.89 |
Current Year EPS Consensus Estimate | 3.01 |
Estimated Long-Term EPS Growth Rate | 7.10 |
Exp Earnings Date | 10/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 34.75 |
52 Week High | 37.10 |
52 Week Low | 30.23 |
Beta | 1.16 |
20 Day Moving Average | 417,878.56 |
Target Price Consensus | 37.00 |
4 Week | 7.89 |
12 Week | 7.05 |
YTD | 2.63 |
4 Week | 1.62 |
12 Week | 5.13 |
YTD | -11.32 |
Shares Outstanding (millions) | 82.61 |
Market Capitalization (millions) | 2,870.52 |
Short Ratio | NA |
Last Split Date | 7/18/2000 |
Dividend Yield | 3.57% |
Annual Dividend | $1.24 |
Payout Ratio | 0.34 |
Change in Payout Ratio | -0.01 |
Last Dividend Payout / Amount | 8/8/2024 / $NA |
Fundamental Ratios
P/E (F1) | 11.55 |
Trailing 12 Months | 9.47 |
PEG Ratio | 1.63 |
vs. Previous Year | 18.52% |
vs. Previous Quarter | 7.87% |
vs. Previous Year | -7.07% |
vs. Previous Quarter | 1.57% |
Price/Book | 2.82 |
Price/Cash Flow | 9.05 |
Price / Sales | 1.80 |
6/30/24 | 28.60 |
3/31/24 | 27.00 |
12/31/23 | 26.76 |
6/30/24 | 15.36 |
3/31/24 | 14.62 |
12/31/23 | 14.51 |
6/30/24 | 2.75 |
3/31/24 | 3.39 |
12/31/23 | 2.51 |
6/30/24 | 2.09 |
3/31/24 | 2.45 |
12/31/23 | 1.89 |
6/30/24 | 19.72 |
3/31/24 | 18.75 |
12/31/23 | 18.58 |
6/30/24 | 15.90 |
3/31/24 | 18.75 |
12/31/23 | 18.58 |
6/30/24 | 22.91 |
3/31/24 | 26.04 |
12/31/23 | 25.56 |
6/30/24 | 12.31 |
3/31/24 | 13.63 |
12/31/23 | 13.30 |
6/30/24 | 0.00 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |
6/30/24 | 0.34 |
3/31/24 | 0.30 |
12/31/23 | 0.31 |
6/30/24 | 27.12 |
3/31/24 | 26.84 |
12/31/23 | 24.88 |