Federated Hermes (NYSE:FHI) Issues Earnings Results

30 Apr 2026, 18:35 by Doug Wharley · The Cerbat Gem

Federated Hermes (NYSE:FHI – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.04, Zacks reports. Federated Hermes had a return on equity of 34.25% and a net margin of 22.40%.The firm had revenue of $478.96 million for the quarter, compared to analyst estimates of $488.73 million.

Here are the key takeaways from Federated Hermes’ conference call:

The board declared a quarterly dividend of $0.38 per share (up from $0.34), payable May 15, 2026.
Total managed assets reached $907 billion in Q1 2026, led by record money market assets of $685 billion and record equity assets of $101 billion.
Federated acquired a majority interest in FCP Fund Manager to expand its U.S. real estate footprint and has bolstered private markets (including Rivington Energy), with alternatives/private market AUM of $19 billion.
Strong 2025 financial performance — EPS rose 59% to $5.13, net income was $403 million, revenue grew 10%, and net equity sales approached $5 billion, reflecting improved profitability and sales momentum.
Shareholders approved an amendment to the stock incentive plan to reserve an additional 5 million Class B shares, which could be dilutive to existing shareholders.

Federated Hermes Trading Up 3.1%

Shares of NYSE FHI traded up $1.75 during midday trading on Thursday, hitting $58.11. The stock had a trading volume of 661,624 shares, compared to its average volume of 749,921. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.98 and a beta of 0.67. Federated Hermes has a 1-year low of $40.24 and a 1-year high of $59.05. The company has a quick ratio of 2.30, a current ratio of 2.75 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average price of $56.57 and a 200 day moving average price of $53.41.

Insider Buying and Selling at Federated Hermes

In other news, VP Paul A. Uhlman sold 72,392 shares of Federated Hermes stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $56.23, for a total value of $4,070,602.16. Following the transaction, the vice president directly owned 263,987 shares of the company’s stock, valued at $14,843,989.01. The trade was a 21.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Federated Hermes

Several hedge funds and other institutional investors have recently modified their holdings of FHI. Schneider Downs Wealth Management Advisors LP lifted its stake in shares of Federated Hermes by 3,229.0% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 2,657,263 shares of the company’s stock valued at $137,992,000 after purchasing an additional 2,577,442 shares in the last quarter. Invesco Ltd. lifted its position in Federated Hermes by 29.6% during the 3rd quarter. Invesco Ltd. now owns 2,939,908 shares of the company’s stock worth $152,669,000 after acquiring an additional 670,643 shares in the last quarter. Victory Capital Management Inc. lifted its position in Federated Hermes by 78.9% during the 4th quarter. Victory Capital Management Inc. now owns 1,394,622 shares of the company’s stock worth $72,618,000 after acquiring an additional 615,130 shares in the last quarter. AQR Capital Management LLC lifted its position in Federated Hermes by 20.1% during the 2nd quarter. AQR Capital Management LLC now owns 2,978,885 shares of the company’s stock worth $132,024,000 after acquiring an additional 498,202 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in Federated Hermes by 405.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 607,504 shares of the company’s stock worth $26,925,000 after acquiring an additional 487,281 shares in the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FHI. Weiss Ratings reissued a “buy (b)” rating on shares of Federated Hermes in a research note on Tuesday, April 21st. TD Cowen reissued a “hold” rating on shares of Federated Hermes in a research note on Thursday, April 9th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $56.00 price target on shares of Federated Hermes in a research note on Tuesday, April 21st. JPMorgan Chase & Co. lowered Federated Hermes from a “neutral” rating to an “underweight” rating and lifted their price objective for the company from $55.00 to $56.00 in a research note on Thursday, April 16th. Finally, Wall Street Zen raised Federated Hermes from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $55.25.

Check Out Our Latest Research Report on FHI

Federated Hermes Company Profile

(Get Free Report)

Federated Hermes, Inc is a global investment manager that provides a range of asset management solutions to institutional and individual investors. The company offers active strategies across equity, fixed income, multi-asset, liquidity, and alternative investments. Through its suite of mutual funds, separate accounts and collective investment vehicles, Federated Hermes seeks to deliver performance-driven outcomes aligned with client objectives and risk tolerances.