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Federated Hermes, Inc.FHI
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Overview >
Market Cap
2.92B
Revenue (ttm)
1.63B
Net Income (ttm)
256.71M
Shares Out
77.67M
EPS (ttm)
3.23
PE Ratio
11.65
Forward PE
9.38
Dividend
$1.24 (3.30%)
Ex-Dividend Date
Feb 7, 2025
Volume
161,964
Open
36.87
Previous Close
36.89
Day's Range
36.28 - 37.65
52-Week Range
31.24 - 43.92
Beta
0.79
Analysts
Hold
Price Target
41.17 (+9.35%)
Earnings Date
Apr 24, 2025
Description >

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.

Latest News >
China's purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment to decline in 2025, consultancy says
Feb 11, 2025
BEIJING/SHANGHAI (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing $41 billion worth of tools...
Supermarket group Ahold Delhaize's fourth-quarter sales marginally beat view
Supermarket group Ahold Delhaize's fourth-quarter sales marginally beat view
Feb 11, 2025
Feb 12 (Reuters) - Supermarket group Ahold Delhaize reported slightly higher-than-expected sales for the fourth quarter on Wednesday, as it saw volume recovery in the U.S. and strong performance in Europe. The Dutch group's revenue for the three months through December 31 was 23.28 billion euros ($24.12 billion), while analysts in a company-compiled poll had estimated it to be 23.21...
China's purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment to decline in 2025, consultancy says
Feb 11, 2025
BEIJING/SHANGHAI, Feb 12 (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing $41 billion worth...
SoftBank books surprise loss of $2.4 billion in third quarter
SoftBank books surprise loss of $2.4 billion in third quarter
Feb 11, 2025
TOKYO, Feb 12 (Reuters) - Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang ( CPNG ), Chinese ride-hailing firm Didi Global and AutoStore Holdings...
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