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FHI

FHI

Federated Hermes Inc.

as 05-20-2024 12:31pm EST

Finance

Investment Managers

ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).

Founded:	1955	Country:	United States
Employees:	2025	City:	PITTSBURGH
Market Cap:	2.8B	IPO Year:	N/A
Target Price:	$38.33	AVG Volume (30 days):	832.6K
Analyst Decision:	Buy	Number of Analysts:	6
Dividend Yield:	2.59%	Dividend Payout Frequency:	Quarterly
EPS:	3.52	EPS Growth:	24.38
52 Week Low/High:	$30.23 - $38.93	Next Earning Date:	04-25-2024
Revenue:	$1,623,756,000	Revenue Growth:	8.02%
Revenue Growth (this year):	3.32%	Revenue Growth (next year):	5.17%

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Stock Insider Trading Activity of Federated Hermes Inc. (FHI)

Name	Ticker	Relationship	Date	Transaction	Cost Per Share	Shares	Total Value	Securities Owned After Transaction(s)	SEC Form 4
Nusseibeh Saker Anwar	FHI	CEO, Hermes Fund Managers Ltd.	Mar 5 '24	Sell	$36.15	8,302	$300,104.85	178,176	SEC Form 4
Novak Richard A	FHI	Principal Accounting Officer	Mar 5 '24	Sell	$36.07	908	$32,753.65	49,068	SEC Form 4
Germain Peter J	FHI	EVP, CLO & Sec.	Mar 5 '24	Sell	$36.14	5,305	$191,730.13	213,036	SEC Form 4
Uhlman Paul A	FHI	Vice President	Mar 5 '24	Sell	$36.20	13,820	$500,326.84	276,084	SEC Form 4
Uhlman Paul A	FHI	Vice President	Feb 7 '24	Sell	$35.26	90,745	$3,200,013.53	289,904	SEC Form 4
Van Meter Stephen	FHI	VP, Chief Compliance Officer	Nov 20 '23	Sell	$32.04	965	$30,918.41	33,349	SEC Form 4
Ceresino Gordon J	FHI	Vice Chairman	Nov 20 '23	Sell	$31.91	6,899	$220,144.33	134,073	SEC Form 4
Novak Richard A	FHI	Principal Accounting Officer	Nov 17 '23	Sell	$31.98	1,378	$44,064.99	49,976	SEC Form 4
Germain Peter J	FHI	EVP, CLO & Sec.	Nov 17 '23	Sell	$31.91	5,254	$167,629.92	218,341	SEC Form 4
Dudiak Dolores D	FHI	Vice President	Nov 17 '23	Sell	$32.01	774	$24,776.36	79,678	SEC Form 4
Nusseibeh Saker Anwar	FHI	CEO, Hermes Fund Managers Ltd.	Nov 17 '23	Sell	$32.02	2,156	$69,039.22	193,478	SEC Form 4
Nusseibeh Saker Anwar	FHI	CEO, Hermes Fund Managers Ltd.	Nov 17 '23	Sell	$31.86	4,358	$138,858.95	189,120	SEC Form 4
Nusseibeh Saker Anwar	FHI	CEO, Hermes Fund Managers Ltd.	Nov 17 '23	Sell	$31.75	2,642	$83,884.56	186,478	SEC Form 4
Uhlman Paul A	FHI	Vice President	Nov 17 '23	Sell	$31.90	5,925	$189,020.54	380,649	SEC Form 4