Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. 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. | 2026-10-23 14:59:49 | 56.82 | -0.85 | -1.47 |
| 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 | — | 2,091 | https://www.federatedhermes.com | 3,300,000,000 | — | — | Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. 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. | 2026-10-23 01:52:49 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 3,300,000,000 | 700,000,000 | 26.9231 | — | — | — |
| 2024 | 2,600,000,000 | -400,000,000 | -13.3333 | — | — | — |
| 2023 | 3,000,000,000 | 300,000,000 | 11.1111 | — | — | — |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 2,091 |
| 2024 | 2,072 |
| 2023 | 2,025 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 1,800,663,000 | 1,632,093,000 | 1,609,574,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | 1,800,663,000 | 1,632,093,000 | 1,609,574,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 1,286,781,000 | 1,270,626,000 | 1,222,025,000 |
| Operating Income | 513,882,000 | 361,467,000 | 387,549,000 |
| Net Income | 403,299,000 | 268,314,000 | 298,980,000 |
| Earnings Per Share Basic | 5.13 | 3.23 | 3.4 |
| Earnings Per Share Diluted | 5.13 | 3.23 | 3.4 |
| Weighted Average Shares Outstanding Basic | 75,101,000 | 79,426,000 | 83,858,000 |
| Weighted Average Shares Outstanding Diluted | 75,103,000 | 79,430,000 | 83,863,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 582,542,000 | 504,441,000 | 383,180,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 12,885,000 | 4,796,000 | 5,900,000 |
| Total Assets Current | 863,792,000 | 781,352,000 | 720,729,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 24,838,000 | 25,565,000 | 30,711,000 |
| Other Assets Non Current | 61,302,000 | 40,358,000 | 34,534,000 |
| Total Assets Non Current | 1,365,545,000 | 1,303,332,000 | 1,381,115,000 |
| Total Assets | 2,229,337,000 | 2,084,684,000 | 2,101,844,000 |
| Accounts Payable | 99,046,000 | 100,012,000 | 88,290,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 18,619,000 | 15,418,000 | 24,378,000 |
| Total Liabilities Current | 314,141,000 | 289,193,000 | 287,343,000 |
| Long Term Debt | 348,369,000 | 348,106,000 | 347,843,000 |
| Other Liabilities Non Current | 31,317,000 | 28,542,000 | 32,453,000 |
| Total Liabilities Non Current | 651,719,000 | 644,771,000 | 660,404,000 |
| Total Liabilities | 965,860,000 | 933,964,000 | 947,747,000 |
| Common Stock | — | — | — |
| Retained Earnings | 1,531,076,000 | 1,256,603,000 | 1,194,561,000 |
| Accumulated Other Comprehensive Income | 6,484,000 | -32,083,000 | -19,911,000 |
| Total Shareholders Equity | 1,196,948,000 | 1,095,206,000 | 1,128,252,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 8,300,000 | 9,100,000 | 13,000,000 |
| Share Based Compensation Expense | 29,130,000 | 28,784,000 | 33,947,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -4,025,000 | -17,348,000 | 27,568,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 3,000,000 | -19,871,000 | -20,748,000 |
| Change In Accounts Payable | 5,929,000 | 9,359,000 | 14,627,000 |
| Change In Other Liabilities | 4,981,000 | -29,003,000 | -19,947,000 |
| Cash From Operating Activities | 297,345,000 | 346,554,000 | 311,831,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 2,762,000 | 4,024,000 | 7,915,000 |
| Acquisition Of Business | 12,755,000 | 0 | 0 |
| Other Investing Activities | 6,028,000 | 4,100,000 | — |
| Cash From Investing Activities | 2,006,000 | 64,251,000 | -30,610,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 104,820,000 | 184,549,000 | 98,005,000 |
| Issuance Of Common Stock | 30,334,000 | 29,900,000 | 35,116,000 |
| Repurchase Of Common Stock | 262,775,000 | 137,615,000 | 177,066,000 |
| Issuance Of Long Term Debt | — | 0 | 0 |
| Repayment Of Long Term Debt | — | 0 | 0 |
| Other Financing Activities | 1,256,000 | 1,379,000 | 1,274,000 |
| Cash From Financing Activities | -237,883,000 | -286,397,000 | -243,087,000 |
| Change In Cash | 76,814,000 | 120,613,000 | 45,999,000 |
| Cash At End Of Period | 582,542,000 | 504,441,000 | 383,180,000 |
| Income Taxes Paid | 124,642,000 | 125,870,000 | 108,639,000 |
| Interest Paid | 11,805,000 | 11,592,000 | 11,648,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 5.13 | 3.23 | 3.4 |
| Price To Earnings Ratio | 10.1501 | 12.7276 | 9.9588 |
| Earnings Growth Rate | 58.8235 | -5.0 | 28.3019 |
| Price Earnings To Growth Ratio | 0.1726 | -2.5455 | 0.3519 |
| Book Value Per Share | 16.8237 | 14.488 | 13.7625 |
| Price To Book Ratio | 3.095 | 2.8375 | 2.4603 |
| Ebitda | 536,241,000 | 403,284,000 | 420,619,000 |
| Enterprise Value | 3,676,336,070 | 3,108,867,860 | 2,804,094,880 |
| Dividend Yield | 0.0268 | 0.0565 | 0.0345 |
| Dividend Payout Ratio | 0.2599 | 0.6878 | 0.3278 |
| Debt To Equity Ratio | 0.291 | 0.3178 | 0.3083 |
| Capital Expenditures | 7,573,000 | 3,954,000 | 7,968,000 |
| Free Cash Flow | 289,772,000 | 342,600,000 | 303,863,000 |
| Return On Equity | 0.3369 | 0.245 | 0.265 |
| One Year Beta | 0.7299 | 0.4726 | 0.6678 |
| Three Year Beta | 0.655 | 0.7339 | 0.8706 |
| Five Year Beta | 0.7908 | 1.1646 | 1.1827 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| DONAHUE THOMAS R | Director, VP, CFO & Treasurer | 2026-10-15 | 17,670 | D | 542,622 |
| Germain Peter J | EVP, CLO & Sec. | 2026-08-20 | 5,000 | D | 207,059 |
| Nusseibeh Saker Anwar | CEO, Federated Hermes Limited | 2026-08-04 | 6,400 | D | 144,876 |
| Nusseibeh Saker Anwar | CEO, Federated Hermes Limited | 2026-08-04 | 630 | D | 144,246 |
| Van Meter Stephen | VP, Chief Compliance Officer | 2026-06-23 | 1,682 | D | 31,207 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| VALLEY NATIONAL ADVISERS INC | 2026-09-30 | 282 | 5 | 56.4 |
| Radnor Capital Management, LLC | 2026-09-30 | 1,617,537 | 28,695 | 56.37 |
| SIGNATUREFD, LLC | 2026-09-30 | 709,360 | 12,584 | 56.37 |
| CITIZENS FINANCIAL GROUP INC/RI | 2026-09-30 | 292,674 | 5,192 | 56.3702 |
| Alpha Omega Wealth Management LLC | 2026-09-30 | 4,638,485 | 82,286 | 56.3703 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| GOLDMAN SACHS TRUST | 2026-08-31 | Class P Shares | GSGPX | 8,610 | 548,026.5 | 0.0085 |
| GOLDMAN SACHS TRUST | 2026-08-31 | Class R6 Shares | GARUX | 8,610 | 548,026.5 | 0.0085 |
| GOLDMAN SACHS TRUST | 2026-08-31 | Investor Shares | GSRTX | 8,610 | 548,026.5 | 0.0085 |
| GOLDMAN SACHS TRUST | 2026-08-31 | Class R Shares | GRRTX | 8,610 | 548,026.5 | 0.0085 |
| GOLDMAN SACHS TRUST | 2026-08-31 | Institutional | GJRTX | 8,610 | 548,026.5 | 0.0085 |