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FHI

Federated Hermes, Inc.

FHI

NYSE·Financial Services·Asset Management·Mkt cap $4.2B

$56.31

+1.78%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$45.03 - $60.17

P/E

10.79

Fwd P/E

10.94

Beta

0.63

Div Yield

2.53%

Avg Vol

785.2K

Shares Out

76.0M

Mkt Cap

$4.2B

Price action

Price chart

Up 22.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

Stable

-4.3% over 3m

Quality

Excellent

Exceptional business - top-tier fundamentals

Dividend

Solid

2.53% yield

Earnings track record

Latest print - beat on both lines

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

Next: Jul 30, 2026

Q2 26 RECAP

APR 30, 2026

Reported EPS of $1.27 vs $1.20 consensus (+5.8% surprise). Revenue of $479.0M vs $475.2M expected (+0.8%). Beat on both top and bottom lines.

EPS beat +5.8%
Rev beat +0.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+5.8%

Next: Jul 30, 2026

Revenue trend · last 8Q

+6%

+15%

+15%

+13%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$399.4M

$405.3M

$421.5M

$420.4M

$421.7M

$466.3M

$483.9M

$475.8M

Margins · last 8Q

Gross

72.5%

Operating

26.6%

Profit

20.2%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

2

50%

Sell

1

25%

Median Price Target

$56.00

-0.5% vs $56.31

Low $56.00
Median $56.00
High $56.00

Latest: RBC Capital · Jul 2, 2026

1 analyst covering

vs Industry

How FHI stacks vs Asset Management

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

Industry comparison data unavailable for this stock.