Federated Hermes (FHI)
Builds investment-management capabilities around money markets, global active strategies, and responsible investing.
Something off on this page? Send us feedback.
Manages active investment strategies, combining a foundational money-market franchise with global responsible-investment and private-market capabilities. International distribution and acquisitions expanded the platform, while the listed Class B stock carries limited voting power.
Manages active investment strategies rooted in a long-standing money-market franchise. The platform expanded through international distribution, acquisitions, the Hermes combination, and later private-market, real-estate, and renewable-energy additions.
Pittsburgh-rooted operations form a global investment-management franchise developed through international distribution and acquisition-led platform building. Hermes added responsible-investment capabilities to the combined identity, while earlier international expansion included Dublin-based operations.
The listed Class B stock has limited voting power. Voting authority resides in Class A shares held by a Donahue-family trust, and the business remains shaped by money-market roots alongside global active and private-market management capabilities.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 10, 2026 | Evercore ISI | Reiterate | Rating: —Target: $59 | Target: $65 |
| Aug 3, 2026 | Deutsche Bank | Reiterate | Rating: —Target: $41 | Target: $58 |
| Jul 2, 2026 | RBC Capital | Reiterate | Rating: —Target: $56 | Target: $57 |
| Jun 8, 2026 | Evercore ISI | Target | Target: $44 | Target: $59 |
| Apr 21, 2026 | RBC Capital | Target | Target: $55 | Target: $56 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $420.6M · Total debt $451.9M · Total assets $2.33B · Shareholders' equity $1.25B
- Revenue
- $504.2M
- Operating income
- $143.5M
- Net income
- $104.3M
HistoryDividendAnnual yield
| Institutions | 92.66% | 69.18M shares | |
|---|---|---|---|
| 394 holders · as of Jun 30, 2026 | |||
| Insiders | 3.50% | 2.62M shares | |
| 14 holders · as of Aug 21, 2026 | |||
| Other | 3.84% | 2.86M shares | |
| remainder | |||
74.66M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.10% | 6.04M B | as of Jun 30, 2026 |
FMR LLCInstitution | 6.25% | 4.66M B | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.89% | 4.40M B | as of Jun 30, 2026 |
Schneider Downs Wealth Management Advisors, LPInstitution | 4.76% | 3.55M B | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.28% | 3.19M B | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Peter J. Germain | officer: EVP, CLO & Sec. | −5,000 | $63.17 |
| Aug 4, 2026 | Saker Anwar Nusseibeh | officer: CEO, Federated Hermes Limited | −7,030 | $64.24 |
| Jun 23, 2026 | Stephen van Meter | officer: VP, Chief Compliance Officer | −1,682 | $59.64 |
| Jun 16, 2026 | Paul A. Uhlman | officer: Vice President | −6,145 | $58.67 |
| Jun 8, 2026 | Saker Anwar Nusseibeh | officer: CEO, Federated Hermes Limited | −8,950 | $57.34 |
- BlackRock
Broad global asset-management and cash-management overlap
- JPMorgan Chase
Scaled active, liquidity and alternatives platform
- Invesco
Global liquidity, active, index and ETF manager
- Franklin Templeton
Diversified active manager with cash and alternatives
- T. Rowe Price
Active mutual-fund, retirement and investment manager
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Federated Hermes | $58.05 | +1.98% | $4.32B | 10.5 | 10.3 | 2.2 | +18.3% |
| BlackRock | $1,067.31 | +0.06% | $165.33B | 25.5 | 17.9 | 6.1 | +30.6% |
| JPMorgan Chase | $339.91 | −0.03% | $911.03B | 14.6 | 14.1 | 3.1 | +27.8% |
| Invesco | $30.82 | −0.10% | $13.68B | — | 10.1 | 2.0 | +20.3% |
| Franklin Templeton | $33.21 | +0.23% | $17.22B | 22.1 | 10.8 | 1.8 | −12.0% |
| T. Rowe Price | $105.12 | +0.91% | $22.32B | 10.4 | 10.2 | 2.9 | +10.7% |
| Median | 18.4 | 10.8 | 2.9 | +20.3% |