Federated Hermes (NYSE:FHI – Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.08, FiscalAI reports. Federated Hermes had a return on equity of 34.45% and a net margin of 21.28%. The company had revenue of $507.33 million for the quarter, compared to analysts’ expectations of $504.91 million. During the same period in the prior year, the firm earned $1.34 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year.
Federated Hermes Stock Performance
Shares of FHI opened at $58.49 on Friday. Federated Hermes has a 1 year low of $46.66 and a 1 year high of $67.20. The stock has a market capitalization of $4.37 billion, a PE ratio of 10.56, a PEG ratio of 1.54 and a beta of 0.66. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.89 and a current ratio of 2.59. The stock has a 50-day simple moving average of $58.61 and a 200-day simple moving average of $57.38.
Federated Hermes Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, November 6th. Federated Hermes’s dividend payout ratio (DPR) is presently 27.44%.
Analysts Set New Price Targets
A number of brokerages have issued reports on FHI. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $58.00 price target on shares of Federated Hermes in a research note on Monday, August 3rd. Weiss Ratings raised shares of Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Friday, October 9th. Wall Street Zen cut shares of Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Zacks Research cut shares of Federated Hermes from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Finally, Evercore reaffirmed an “outperform” rating and set a $65.00 target price on shares of Federated Hermes in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Federated Hermes currently has a consensus rating of “Hold” and a consensus price target of $57.80.
View Our Latest Stock Analysis on Federated Hermes
Key Federated Hermes News
Here are the key news stories impacting Federated Hermes this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. Federated Hermes reported diluted EPS of $1.50, up from $1.34 a year earlier and above the $1.42 analyst consensus. Revenue rose 8.1% year over year to $507.33 million, also topping estimates of $504.91 million. Net income increased to $111.9 million from $104.1 million. Federated Hermes third-quarter 2026 earnings release
- Positive Sentiment: Equity assets reached a record $110.5 billion. The milestone indicates strong growth in a potentially higher-fee part of Federated Hermes’ business. Total managed assets stood at $884.4 billion at the end of September, supporting the company’s fee-generation base. Federated Hermes Q3 EPS and record equity assets
- Positive Sentiment: The board declared a quarterly dividend of $0.38 per share. The $1.52 annualized payout represents a yield of approximately 2.6%, reinforcing Federated Hermes’ shareholder-return appeal. The stock goes ex-dividend on November 6, with payment scheduled for November 13. Federated Hermes dividend announcement
- Neutral Sentiment: Management held its Q3 2026 earnings call. The call included CEO and Chairman John Donahue, CFO Thomas Donahue and Chief Investment Officer Deborah Cunningham. Investors will focus on commentary about asset flows, equity-market conditions, money-market products and the company’s forward earnings outlook. Federated Hermes Q3 2026 earnings call transcript
About Federated Hermes
Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.
Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.
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