Equities Analysts Set Expectations for FHI Q4 Earnings

Federated Hermes, Inc. (NYSE:FHI) – Equities research analysts at Zacks Research raised their Q4 2024 EPS estimates for Federated Hermes in a research note issued on Tuesday, November 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.85 per share for the quarter, up from their previous forecast of $0.84. The consensus estimate for Federated Hermes’ current full-year earnings is $3.83 per share. Zacks Research also issued estimates for Federated Hermes’ Q2 2025 earnings at $1.01 EPS, Q3 2025 earnings at $1.03 EPS, Q1 2026 earnings at $0.97 EPS and Q2 2026 earnings at $1.05 EPS.

Other analysts have also recently issued research reports about the company. UBS Group increased their target price on Federated Hermes from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Federated Hermes from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Monday. StockNews.com cut shares of Federated Hermes from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 7th. Evercore ISI lifted their price target on shares of Federated Hermes from $41.00 to $43.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, TD Cowen raised shares of Federated Hermes from a “hold” rating to a “buy” rating and increased their price objective for the company from $35.00 to $46.00 in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $43.33.

Federated Hermes Price Performance

NYSE:FHI opened at $41.64 on Thursday. The business’s 50-day simple moving average is $37.60 and its two-hundred day simple moving average is $34.73. Federated Hermes has a 52 week low of $31.08 and a 52 week high of $42.56. The stock has a market cap of $3.41 billion, a PE ratio of 13.39, a P/E/G ratio of 1.21 and a beta of 1.15. The company has a quick ratio of 2.03, a current ratio of 2.75 and a debt-to-equity ratio of 0.32.

Federated Hermes (NYSE:FHI) last announced its quarterly earnings data on Thursday, October 24th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.92 by $0.14. Federated Hermes had a net margin of 16.62% and a return on equity of 29.85%. The firm had revenue of $408.46 million for the quarter, compared to the consensus estimate of $410.26 million. During the same period last year, the firm earned $0.86 EPS. The company’s revenue was up 1.4% on a year-over-year basis.

Institutional Investors Weigh In On Federated Hermes

Several institutional investors have recently made changes to their positions in the company. Headlands Technologies LLC raised its position in Federated Hermes by 607.7% in the 1st quarter. Headlands Technologies LLC now owns 828 shares of the company’s stock worth $30,000 after purchasing an additional 711 shares during the period. GAMMA Investing LLC raised its holdings in shares of Federated Hermes by 49.0% in the third quarter. GAMMA Investing LLC now owns 1,061 shares of the company’s stock worth $39,000 after buying an additional 349 shares during the period. Mather Group LLC. bought a new stake in shares of Federated Hermes during the 2nd quarter worth approximately $47,000. CWM LLC boosted its holdings in Federated Hermes by 985.7% during the 2nd quarter. CWM LLC now owns 1,444 shares of the company’s stock valued at $47,000 after acquiring an additional 1,311 shares during the period. Finally, UMB Bank n.a. grew its position in Federated Hermes by 26.0% in the 2nd quarter. UMB Bank n.a. now owns 1,436 shares of the company’s stock valued at $47,000 after acquiring an additional 296 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Saker Anwar Nusseibeh sold 12,152 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $39.86, for a total transaction of $484,378.72. Following the sale, the chief executive officer now directly owns 179,096 shares in the company, valued at approximately $7,138,766.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Federated Hermes news, VP Dolores D. Dudiak sold 5,000 shares of Federated Hermes stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $39.89, for a total transaction of $199,450.00. Following the completion of the transaction, the vice president now directly owns 77,288 shares of the company’s stock, valued at $3,083,018.32. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Saker Anwar Nusseibeh sold 12,152 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $39.86, for a total transaction of $484,378.72. Following the transaction, the chief executive officer now owns 179,096 shares in the company, valued at $7,138,766.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

Federated Hermes Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 8th will be given a dividend of $0.31 per share. The ex-dividend date is Friday, November 8th. This represents a $1.24 annualized dividend and a yield of 2.98%. Federated Hermes’s dividend payout ratio (DPR) is currently 39.87%.

Federated Hermes Company Profile

Federated Hermes, Inc is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors.