Federated Hermes (NYSE:FHI – Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.42 by $0.08, FiscalAI reports. The firm had revenue of $507.33 million during the quarter, compared to analyst estimates of $504.91 million. Federated Hermes had a return on equity of 34.45% and a net margin of 21.28%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.34 EPS.
Federated Hermes Stock Up 0.8%
Federated Hermes stock opened at $58.49 on Friday. Federated Hermes has a 1-year low of $46.66 and a 1-year high of $67.20. The business has a fifty day moving average price of $58.61 and a 200-day moving average price of $57.38. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.89. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 10.47, a PEG ratio of 1.53 and a beta of 0.66.
Federated Hermes Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be given a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.6%. Federated Hermes’s dividend payout ratio (DPR) is presently 27.44%.
Trending Headlines about Federated Hermes
Here are the key news stories impacting Federated Hermes this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. Federated Hermes reported diluted EPS of $1.50, up from $1.34 a year earlier and above the $1.42 analyst consensus. Revenue rose 8.1% year over year to $507.33 million, also topping estimates of $504.91 million. Net income increased to $111.9 million from $104.1 million. Federated Hermes third-quarter 2026 earnings release
- Positive Sentiment: Equity assets reached a record $110.5 billion. The milestone indicates strong growth in a potentially higher-fee part of Federated Hermes’ business. Total managed assets stood at $884.4 billion at the end of September, supporting the company’s fee-generation base. Federated Hermes Q3 EPS and record equity assets
- Positive Sentiment: The board declared a quarterly dividend of $0.38 per share. The $1.52 annualized payout represents a yield of approximately 2.6%, reinforcing Federated Hermes’ shareholder-return appeal. The stock goes ex-dividend on November 6, with payment scheduled for November 13. Federated Hermes dividend announcement
- Neutral Sentiment: Management held its Q3 2026 earnings call. The call included CEO and Chairman John Donahue, CFO Thomas Donahue and Chief Investment Officer Deborah Cunningham. Investors will focus on commentary about asset flows, equity-market conditions, money-market products and the company’s forward earnings outlook. Federated Hermes Q3 2026 earnings call transcript
Wall Street Analyst Weigh In
FHI has been the topic of several analyst reports. Evercore reiterated an “outperform” rating and issued a $65.00 target price on shares of Federated Hermes in a research note on Monday, August 10th. TD Cowen decreased their price target on shares of Federated Hermes from $60.00 to $56.00 and set a “hold” rating for the company in a research report on Monday, October 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $58.00 price target on shares of Federated Hermes in a report on Monday, August 3rd. Wall Street Zen downgraded shares of Federated Hermes from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Zacks Research lowered shares of Federated Hermes from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $57.80.
Read Our Latest Research Report on FHI
About Federated Hermes
Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.
Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.
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