Key Points
- Federated Hermes VP Paul Uhlman sold 72,392 shares on March 12 at an average price of $56.23 for proceeds of about $4.07 million, cutting his ownership by 21.52% to 263,987 shares (valued ≈ $14.84 million).
- The company beat quarterly expectations with $1.39 EPS (vs. $1.20 expected) and revenue of $482.83 million, up 13.7% year‑over‑year, while posting strong profitability (ROE 34.25%, net margin 22.4%).
- Analysts hold an overall “Hold” rating on FHI with a $55.00 consensus target (2 Buys, 5 Holds); the stock yields 2.4% annually and trades near its 12‑month high (~$57.82).
Federated Hermes, Inc. (NYSE:FHI - Get Free Report) VP Paul Uhlman sold 72,392 shares of Federated Hermes stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $56.23, for a total transaction of $4,070,602.16. Following the completion of the transaction, the vice president directly owned 263,987 shares in the company, valued at $14,843,989.01. This represents a 21.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Federated Hermes Stock Performance
Shares of FHI opened at $55.64 on Friday. Federated Hermes, Inc. has a 12 month low of $35.05 and a 12 month high of $57.82. The stock has a fifty day moving average price of $54.72 and a 200-day moving average price of $52.53. The company has a current ratio of 2.75, a quick ratio of 2.30 and a debt-to-equity ratio of 0.29. The firm has a market cap of $4.31 billion, a PE ratio of 10.82, a P/E/G ratio of 1.95 and a beta of 0.73.
Federated Hermes (NYSE:FHI - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.20 by $0.19. Federated Hermes had a return on equity of 34.25% and a net margin of 22.40%.The company had revenue of $482.83 million during the quarter, compared to analysts' expectations of $468.45 million. During the same period last year, the business posted $1.04 earnings per share. The firm's revenue was up 13.7% compared to the same quarter last year. Equities research analysts predict that Federated Hermes, Inc. will post 4.04 earnings per share for the current fiscal year.
Federated Hermes Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, February 6th were paid a dividend of $0.34 per share. The ex-dividend date was Friday, February 6th. This represents a $1.36 dividend on an annualized basis and a yield of 2.4%. Federated Hermes's dividend payout ratio is presently 26.46%.
Hedge Funds Weigh In On Federated Hermes
Several institutional investors and hedge funds have recently modified their holdings of FHI. Jones Financial Companies Lllp increased its stake in shares of Federated Hermes by 236.0% during the first quarter. Jones Financial Companies Lllp now owns 8,890 shares of the company's stock worth $362,000 after purchasing an additional 6,244 shares in the last quarter. United Services Automobile Association purchased a new position in Federated Hermes in the 1st quarter valued at about $220,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Federated Hermes by 11.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,613 shares of the company's stock valued at $9,769,000 after buying an additional 24,960 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Federated Hermes by 28.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,304 shares of the company's stock worth $1,254,000 after buying an additional 6,247 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Federated Hermes by 4.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,387 shares of the company's stock valued at $859,000 after acquiring an additional 761 shares during the last quarter. Hedge funds and other institutional investors own 75.94% of the company's stock.
Analysts Set New Price Targets
FHI has been the topic of several research reports. Royal Bank Of Canada reissued a "sector perform" rating and issued a $55.00 target price (up from $54.00) on shares of Federated Hermes in a research report on Tuesday, February 3rd. TD Cowen restated a "hold" rating on shares of Federated Hermes in a research note on Wednesday, January 14th. Zacks Research lowered Federated Hermes from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, December 9th. Argus raised shares of Federated Hermes to a "hold" rating in a research report on Monday, February 2nd. Finally, Wall Street Zen downgraded shares of Federated Hermes from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $55.00.
View Our Latest Stock 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.
In addition to traditional investment management, Federated Hermes has developed specialized capabilities in sustainability and responsible investing, integrating environmental, social and governance (ESG) research into its investment process.
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