federated hermes is guided by the conviction that responsible investing is the best way to create long-term wealth. we provide specialised capabilities across equity, fixed income and private markets, in addition to multi-asset strategies and proven liquidity-management solutions. through our world-leading stewardship services, we engage companies on strategic and sustainability concerns to promote investors’ long-term performance and fiduciary interests. our goals are to help individuals invest and retire better, to help clients achieve better risk-adjusted returns, and to contribute to positive outcomes in the wider world.
Company profile
Ticker
FHI
Exchange
Website
CEO
J. Christopher Donahue
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FEDERATED INVESTORS INC /PA/
SEC CIK
Corporate docs
Subsidiaries
EMPEF GP Limited, Guernsey company • Federated Administrative Services, Inc. • Federated Advisory Services Company • Federated Equity Management Company • Federated Global Holdings LLC • Federated Global Investment Management Corp. • Federated Hermes (UK) LLP, a United Kingdom limited liability partnership • Federated Hermes Diversified Infrastructure GP LLP, a United Kingdom company • Federated Hermes European Direct Lending Fund II GP, Sarl • Federated Hermes European Real Estate Debt Fund GP S.a.r.l. ...
IRS number
251111467
SEC advisor number
801-78591
FINRA CRD number
169087
AUM ?
$19.96 bn
(as of 25 Jun 20)
Accounts
10
(as of 25 Jun 20)
Employees
16
(10 investment advisory or research)
Address
Federated Hermes Inc - Ordinary Shares
1001 LIBERTY AVENUE
PITTSBURGH
PA 15222
1001 LIBERTY AVENUE
PITTSBURGH
PA 15222
Phone
4122881900
Brochures
FHI stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
26 Apr 24
8-K
Results of Operations and Financial Condition
25 Apr 24
DEF 14C
Information statement
13 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Federated Hermes, Inc. reports fourth quarter and full-year 2023 earnings
25 Jan 24
8-K
Departure of Directors or Certain Officers
15 Dec 23
10-Q
2023 Q3
Quarterly report
27 Oct 23
8-K
Federated Hermes, Inc. reports third quarter 2023 earnings
26 Oct 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Federated Hermes, Inc. reports second quarter 2023 earnings
27 Jul 23
Transcripts
FHI
Earnings call transcript
2023 Q4
26 Jan 24
FHI
Earnings call transcript
2023 Q3
27 Oct 23
FHI
Earnings call transcript
2023 Q2
28 Jul 23
FHI
Earnings call transcript
2023 Q1
28 Apr 23
FHI
Earnings call transcript
2022 Q4
27 Jan 23
FHI
Earnings call transcript
2022 Q3
28 Oct 22
FHI
Earnings call transcript
2022 Q2
29 Jul 22
FHI
Earnings call transcript
2022 Q1
29 Apr 22
FHI
Earnings call transcript
2021 Q4
28 Jan 22
FHI
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
13F-HR
Quarterly holdings report by institutional manager
14 May 24
4
JOSEPH C BARTOLACCI
29 Apr 24
4
Marie Milie Jones
29 Apr 24
4
MICHAEL J FARRELL
29 Apr 24
4
Karen Hanlon
29 Apr 24
3
Karen Hanlon
25 Apr 24
4
Gordon J Ceresino
9 Apr 24
SC 13G/A
Fusion Pharmaceuticals Inc.
8 Apr 24
SC 13D
Fusion Pharmaceuticals Inc.
25 Mar 24
SC 13G/A
VANGUARD GROUP INC
11 Mar 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 363.63 mm | 363.63 mm | 363.63 mm | 363.63 mm | 363.63 mm | 363.63 mm |
Cash burn (monthly) | 7.77 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 14.18 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 349.46 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 45.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
8.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 48 |
Opened positions | 5 |
Closed positions | 258 |
Increased positions | 15 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 47.53 bn |
Total shares | 7.15 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Setanta Asset Management | 5.51 mm | $179.64 mm |
Foundation Resource Management | 414.58 k | $14.04 bn |
Country Club Bank | 213.29 k | $7.24 bn |
Inlet Private Wealth | 164.90 k | $5.58 bn |
Murphy Pohlad Asset Management | 136.93 k | $4.64 bn |
New York State Teachers Retirement System | 136.84 k | $4.63 mm |
Advisors Preferred | 68.34 k | $2.31 bn |
Mutual Of America Capital Management | 53.37 k | $1.81 bn |
Radnor Capital Management | 46.59 k | $1.58 mm |
Legato Capital Management | 36.32 k | $1.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Apr 24 | Bartolacci Joseph C | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,400 | 0.00 | 18,050 |
26 Apr 24 | Jones Marie Milie | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,400 | 0.00 | 23,550 |
26 Apr 24 | Farrell Michael J | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,400 | 0.00 | 52,050 |
26 Apr 24 | Karen Hanlon | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,400 | 0.00 | 2,400 |
News
Evercore ISI Group Maintains Outperform on Federated Hermes, Lowers Price Target to $37
1 May 24
Federated Hermes Q1 2024 GAAP EPS $0.89 Beats $0.84 Estimate, Sales $396.371M Miss $401.259M Estimate
25 Apr 24
The Analyst Verdict: Federated Hermes In The Eyes Of 5 Experts
12 Apr 24
UBS Maintains Neutral on Federated Hermes, Raises Price Target to $39
12 Apr 24
A Glimpse Into The Expert Outlook On Federated Hermes Through 7 Analysts
8 Mar 24
Press releases
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
15 May 24
Federated Hermes Premier Municipal Income Fund declares dividend
10 May 24
Federated Hermes, Inc. reports first quarter 2024 earnings of $0.89; Board declares cash dividend of $1.31 ($0.31 quarterly and $1.00 special)
25 Apr 24
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
15 Apr 24
Federated Hermes, Inc. announces first quarter 2024 earnings and conference call dates
4 Apr 24