Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $829.6 billion of customer assets, as of December 2024. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| FHI | FEDERATED HERMES, INC. | 2025-10-16 15:21:14 | 51 | -0.24 | -0.47 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FHI | 0001056288 | FEDERATED HERMES, INC. | US3142111034 | R05X5UQ874RGFF7HHD84 | 251111467 | NYSE | 6282 | Investment Advice | 1231 | PA | 1001 LIBERTY AVENUE | PITTSBURGH | PA | 15222 | UNITED STATES | US | 4122881900 | 1001 LIBERTY AVENUE, PITTSBURGH, PA, 15222 | 1001 LIBERTY AVENUE, PITTSBURGH, PA, 15222 | FEDERATED INVESTORS INC /PA/ | Financial services | 1957-10-18 | — | 2,072 | https://www.federatedhermes.com | 2,600,000,000 | — | — | Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $829.6 billion of customer assets, as of December 2024. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. | 2025-10-10 20:18:51 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 2,600,000,000 | -400,000,000 | -13.3333 | — | — | — |
| 2023 | 3,000,000,000 | 300,000,000 | 11.1111 | — | — | — |
| 2022 | 2,700,000,000 | -400,000,000 | -12.9032 | — | — | — |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 2,072 |
| 2023 | 2,025 |
| 2022 | 1,961 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1,632,093,000 | 1,609,574,000 | 1,445,814,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 1,270,626,000 | 1,222,025,000 | 1,109,018,000 |
| Operating Income | 361,467,000 | 387,549,000 | 336,796,000 |
| Net Income | 268,314,000 | 298,980,000 | 239,496,000 |
| Earnings Per Share Basic | 3.23 | 3.4 | 2.65 |
| Earnings Per Share Diluted | 3.23 | 3.4 | 2.65 |
| Weighted Average Shares Outstanding Basic | 79,426,000 | 83,858,000 | 85,762,000 |
| Weighted Average Shares Outstanding Diluted | 79,430,000 | 83,863,000 | 85,766,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 504,441,000 | 383,180,000 | 336,782,000 |
| Marketable Securities Current | 82,441,000 | 70,543,000 | — |
| Accounts Receivable | 69,903,000 | 75,721,000 | 58,068,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 4,796,000 | 5,900,000 | 8,264,000 |
| Total Assets Current | 781,352,000 | 720,729,000 | 651,031,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 25,565,000 | 30,711,000 | 35,743,000 |
| Other Assets Non Current | 40,358,000 | 34,534,000 | 31,271,000 |
| Total Assets Non Current | 1,303,332,000 | 1,381,115,000 | 1,369,448,000 |
| Total Assets | 2,084,684,000 | 2,101,844,000 | 2,020,479,000 |
| Accounts Payable | 100,012,000 | 88,290,000 | 73,901,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 15,418,000 | 24,378,000 | 15,358,000 |
| Total Liabilities Current | 289,193,000 | 287,343,000 | 257,413,000 |
| Long Term Debt | 348,106,000 | 347,843,000 | 347,581,000 |
| Other Liabilities Non Current | 28,542,000 | 32,453,000 | 40,753,000 |
| Total Liabilities Non Current | 644,771,000 | 660,404,000 | 655,553,000 |
| Total Liabilities | 933,964,000 | 947,747,000 | 912,966,000 |
| Common Stock | 189,000 | 189,000 | 189,000 |
| Retained Earnings | 1,256,603,000 | 1,194,561,000 | 1,015,589,000 |
| Accumulated Other Comprehensive Income | -32,083,000 | -19,911,000 | -45,676,000 |
| Total Shareholders Equity | 1,095,206,000 | 1,128,252,000 | 1,045,692,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 9,100,000 | 13,000,000 | 15,100,000 |
| Share Based Compensation Expense | 28,784,000 | 33,947,000 | 34,798,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -17,348,000 | 27,568,000 | 4,367,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 9,359,000 | 14,627,000 | 4,669,000 |
| Change In Other Liabilities | -29,003,000 | -19,947,000 | -14,929,000 |
| Cash From Operating Activities | 346,554,000 | 311,831,000 | 323,948,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 4,024,000 | 7,915,000 | 4,372,000 |
| Acquisition Of Business | 0 | 0 | 28,111,000 |
| Other Investing Activities | 4,100,000 | — | — |
| Cash From Investing Activities | 64,251,000 | -30,610,000 | -32,357,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 184,549,000 | 98,005,000 | 97,842,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 137,615,000 | 177,066,000 | 218,141,000 |
| Issuance Of Long Term Debt | 0 | 0 | 488,300,000 |
| Repayment Of Long Term Debt | 0 | 0 | 361,650,000 |
| Other Financing Activities | 1,379,000 | 1,274,000 | -8,299,000 |
| Cash From Financing Activities | -286,397,000 | -243,087,000 | -168,513,000 |
| Change In Cash | 120,613,000 | 45,999,000 | 102,904,000 |
| Cash At End Of Period | 504,441,000 | 383,180,000 | 336,782,000 |
| Income Taxes Paid | 125,870,000 | 108,639,000 | 85,579,000 |
| Interest Paid | 11,592,000 | 11,648,000 | 7,184,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 3.23 | 3.4 | 2.65 |
| Price To Earnings Ratio | 12.7276 | 9.9588 | 13.7019 |
| Earnings Growth Rate | -5.0 | 28.3019 | -4.3321 |
| Price Earnings To Growth Ratio | -2.5455 | 0.3519 | -3.1629 |
| Book Value Per Share | 14.488 | 13.7625 | 12.9138 |
| Price To Book Ratio | 2.8375 | 2.4603 | 2.8117 |
| Ebitda | 403,284,000 | 420,619,000 | 340,175,000 |
| Enterprise Value | 3,108,867,860 | 2,804,094,880 | 3,124,817,220 |
| Dividend Yield | 0.0565 | 0.0345 | 0.0314 |
| Dividend Payout Ratio | 0.6878 | 0.3278 | 0.4085 |
| Debt To Equity Ratio | 0.3178 | 0.3083 | 0.3324 |
| Capital Expenditures | 3,954,000 | 7,968,000 | 3,878,000 |
| Free Cash Flow | 342,600,000 | 303,863,000 | 320,070,000 |
| Return On Equity | 0.245 | 0.265 | 0.229 |
| One Year Beta | 0.4726 | 0.6678 | 0.8341 |
| Three Year Beta | 0.7339 | 0.8706 | 1.2706 |
| Five Year Beta | 1.1646 | 1.1827 | 1.1564 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| DONAHUE THOMAS R | Director, VP, CFO & Treasurer | 2025-08-28 | 25,525 | D | 574,948 |
| Van Meter Stephen | VP, Chief Compliance Officer | 2025-08-04 | 430 | D | 29,596 |
| Uhlman Paul A | Vice President | 2025-06-16 | 1,000 | D | 315,930 |
| Nusseibeh Saker Anwar | CEO, Federated Hermes Limited | 2025-06-16 | 6,000 | D | 172,039 |
| Van Meter Stephen | VP, Chief Compliance Officer | 2025-05-28 | 5,921 | D | 30,026 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| BURNEY CO/ | 2025-09-30 | 7,017,405 | 135,132 | 51.93 |
| City State Bank | 2025-09-30 | 56,084 | 1,080 | 51.9296 |
| Blue Trust, Inc. | 2025-09-30 | 387,190 | 7,456 | 51.93 |
| CWM, LLC | 2025-09-30 | 320,000 | 6,162 | 51.9312 |
| Pacer Advisors, Inc. | 2025-09-30 | 905,867 | 17,444 | 51.93 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| iSHARES TRUST | 2025-07-31 | iShares Morningstar Small-Cap ETF | ISCB | 3,760 | 186,383.2 | 0.0794 |
| iSHARES TRUST | 2025-07-31 | iShares Core Dividend ETF | DIVB | 8,486 | 420,651.02 | 0.0414 |
| Dimensional ETF Trust | 2025-07-31 | Dimensional US Core Equity Market ETF | DFAU | 17,990 | 891,764.3 | 0.0101 |
| FIRST TRUST EXCHANGE-TRADED FUND III | 2025-07-31 | First Trust Horizon Managed Volatility Small/Mid ETF | HSMV | 6,193 | 306,987.01 | 1.1571 |
| STEWARD FUNDS, INC. | 2025-07-31 | Class R6 | SSMOX | 4,292 | 212,754.44 | 0.1157 |