FHIFederated Hermes Inc - Ordinary Shares - Class B
FHI
Federated Hermes Inc - Ordinary Shares - Class B110
Mkt Cap
$4.41BVolume
428,972.0052W High
$59.0552W Low
$41.04PE Ratio
11.32FHI Fundamentals
Price
$56.01Prev Close
$58.09Open
$57.0150D MA
$56.58Beta
0.67Avg. Volume
835,351.12EPS (Annual)
$5.13P/B
3.71Rev/Employee
$866,087.52$3,708.50
Poll
Earnings Recap
• Reported GAAP EPS of $1.27 up 1.60% YoY • Reported revenue of $478.96M up 13.08% YoY
Bullish
Federated Hermes achieved record AUM of $907.1 billion driven by strong equity and money market flows, while also increasing its quarterly dividend by 11.8% and repurchasing shares.
Bearish
Federated Hermes' net income declined due to a 21% increase in operating expenses, including distribution and other expenses, and decreases in alternative/private markets and fixed-income assets.