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FHI

Federated Hermes, Inc.

FHI

NYSE·Financial Services·Asset Management·Mkt cap $4.6B

$61.20

+0.77%

P/E

11.25

Mkt Cap

$4.6B

52-Wk Range

$46.66–$67.20

52-Week Range

$46.66 - $67.20

P/E

11.25

Fwd P/E

11.14

Beta

0.63

Div Yield

2.37%

Avg Vol

662.8K

Shares Out

76.0M

Mkt Cap

$4.6B

Price action

Price chart

Up 15.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Established 70-year heritage with strong brand recognition and client trust
  • Global diversification with offices across major financial centers (Pittsburgh, New York, London)
  • Multi-asset class expertise combining fundamental and quantitative analysis
  • Broad institutional and high net worth client base providing stable revenue streams

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Stable outlook

Rising demand for professional asset management as wealth accumulation increases globally

Value

Fairly valued vs Asset Management peers

Momentum

Strong

+8.6% over 3m

Quality

Excellent

Excellent business quality

Dividend

Solid

2.37% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $1.38 vs $1.19 consensus (+16.0% surprise). Revenue of $502.8M vs $488.3M expected (+3.0%). Beat on both top and bottom lines.

EPS beat +16.0%
Rev beat +3.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+16.0%

Revenue trend · last 8Q

+6%

+15%

+15%

+13%

+18%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$405.3M

$421.5M

$420.4M

$421.7M

$466.3M

$483.9M

$475.8M

$500.5M

Margins · last 8Q

Gross

-68.9%

Operating

26.5%

Profit

21.3%

Wall Street consensus

5 analysts · 20% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

20%

Hold

3

60%

Sell

1

20%

Median Price Target

Latest: Evercore · Aug 10, 2026

vs Industry

How FHI stacks vs Asset Management

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.