Federated Hermes (NYSE:FHI) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Federated Hermes, Inc. (NYSE:FHI – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $57.35 and traded as high as $58.13. Federated Hermes shares last traded at $57.9860, with a volume of 1,008,147 shares trading hands.

Federated Hermes News Summary

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 Analysts Forecast Growth

Several equities analysts recently commented on FHI shares. Zacks Research lowered Federated Hermes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Weiss Ratings raised shares of Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 9th. Wall Street Zen lowered shares of Federated Hermes from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Evercore reissued an “outperform” rating and set a $65.00 target price on shares of Federated Hermes in a research report on Monday, August 10th. Finally, TD Cowen decreased their target price on shares of Federated Hermes from $60.00 to $56.00 and set a “hold” rating for the company in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $57.80.

Get Our Latest Report on Federated Hermes

Federated Hermes Price Performance

The business has a fifty day moving average of $58.61 and a 200 day moving average 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 cap of $4.37 billion, a PE ratio of 10.56, a P/E/G ratio of 1.53 and a beta of 0.66.

Federated Hermes (NYSE:FHI – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.08. The company had revenue of $507.33 million for the quarter, compared to the consensus estimate of $504.91 million. Federated Hermes had a return on equity of 34.45% and a net margin of 21.28%. Federated Hermes’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 business earned $1.34 EPS. Sell-side analysts anticipate that Federated Hermes, Inc. will post 5.51 earnings per share for the current year.

Federated Hermes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, November 6th. Federated Hermes’s dividend payout ratio is 27.44%.

Institutional Investors Weigh In On Federated Hermes

Hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP grew its holdings in shares of Federated Hermes by 5.6% during the first quarter. First Trust Advisors LP now owns 616,598 shares of the company’s stock valued at $34,967,000 after purchasing an additional 32,810 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of Federated Hermes by 6.2% during the 1st quarter. Kestra Advisory Services LLC now owns 485,727 shares of the company’s stock worth $27,546,000 after purchasing an additional 28,278 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Federated Hermes by 3.9% in the 1st quarter. Principal Financial Group Inc. now owns 162,941 shares of the company’s stock worth $9,240,000 after purchasing an additional 6,045 shares during the last quarter. Kendall Capital Management lifted its holdings in shares of Federated Hermes by 7.7% in the 3rd quarter. Kendall Capital Management now owns 131,570 shares of the company’s stock worth $7,417,000 after purchasing an additional 9,460 shares during the last quarter. Finally, Congress Asset Management Co. boosted its position in Federated Hermes by 21.2% during the 3rd quarter. Congress Asset Management Co. now owns 102,693 shares of the company’s stock valued at $5,789,000 after purchasing an additional 17,992 shares during the period. Institutional investors own 75.94% of the company’s stock.

About Federated Hermes

(Get Free Report)

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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