Federated Hermes, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.
IPO Year:
Exchange: NYSE
Website: federatedinvestors.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/5/2025 | $42.00 → $41.00 | Neutral → Underweight | Analyst |
| 1/8/2025 | $45.00 → $43.00 | Buy → Hold | Deutsche Bank |
| 1/7/2025 | $49.00 → $42.00 | Overweight → Neutral | Analyst |
| 10/28/2024 | $35.00 → $46.00 | Hold → Buy | TD Cowen |
| 1/5/2024 | $35.00 | Neutral | UBS |
| 1/4/2024 | $32.00 | Market Perform | TD Cowen |
| 4/11/2023 | $35.00 → $47.00 | Underweight → Overweight | JP Morgan |
| 6/29/2022 | $32.00 → $40.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/12/2022 | $198.50 → $28.50 | Neutral → Sell | Citigroup |
| 3/9/2022 | $29.50 | Neutral | Citigroup |
Total assets under management reach a record $839.8 billionMoney market assets reach a record $637.1 billionQ1 2025 earnings per diluted share of $1.25Quarterly dividend increased by 9.7% to $0.34 per sharePITTSBURGH, April 24, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.25 for Q1 2025, compared to $0.89 for the same quarter last year, on net income of $101.1 million for Q1 2025, compared to $75.0 million for Q1 2024. Federated Hermes' Q1 2025 results include a $12.9 million decrease in Other operating expense, or $0.15 per diluted share, resulting from a value-added tax (VAT) refund recei
PITTSBURGH, April 15, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE:FMN) as of March 31, 2025, is now available in the Products section of FederatedHermes.com/us. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email [email protected] or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management, with $829.6 billion in assets under management, as of Dec. 31, 202
PITTSBURGH, April 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: April 23, 2025 Ex-Dividend Date: April 23, 2025 Payable Date: May 1, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management,
Annual Shareholder Meeting will be by teleconference Thursday, April 24, 2025PITTSBURGH, April 7, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter ended March 31, 2025 after the market closes on Thursday, April 24, 2025. A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, April 25, 2025. President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call. Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit Federated
PITTSBURGH, March 17, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE:FMN) as of Feb. 28, 2025, is now available in the Products section of FederatedHermes.com/us. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email [email protected] or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management, with $829.6 billion in assets under management, as of Dec. 31, 2024
Federated Hermes MDT Advisers secures awards for multiple funds and performance periodsTwo active fixed-income strategies recognized for category outperformance through market cyclesPITTSBURGH, March 14, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced that Federated Hermes MDT Mid Cap Growth Fund, Federated Hermes MDT All Cap Core Fund, Federated Hermes Conservative Municipal Microshort Fund and Federated Hermes Corporate Bond Strategy Portfolio were recognized by the 2025 LSEG Lipper Fund Awards for consistently strong risk-adjusted performance. Evaluations were calculated for the periods ended Nov. 30, 2024. Federated Hermes MDT Advisers won awa
PITTSBURGH, March 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE:FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: March 21, 2025 Ex-Dividend Date: March 21, 2025 Payable Date: April 1, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management, with $8
PITTSBURGH, Feb. 28, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ended Dec. 31, 2024. Federated Hermes makes available all of its annual report documents and provides access to its other SEC filings on its website, either directly or via a link to EDGAR. For more information visit the About section of FederatedHermes.com/us and select SEC Filings. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management, with $829.6 billion in assets under management, as of Dec. 31, 2024. We deliver investment solutions
PITTSBURGH, Feb. 28, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today announced that President and CEO J. Christopher Donahue is scheduled to present at the 2025 RBC Capital Markets Global Financial Institutions Conference from approximately 10:40 to 11:10 a.m. ET on Tuesday, March 4, 2025. Investors and other interested parties can listen to a live webcast of the presentation via FederatedHermes.com/us. To listen to the live presentation online, go to the About tab of the website and visit the link under Featured at least 15 minutes prior to register and join the call. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investmen
PITTSBURGH, Feb. 18, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE:FMN) as of Jan. 31, 2025, is now available in the Products section of FederatedHermes.com/us. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email [email protected] or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active, responsible investment management, with $829.6 billion in assets under management, as of D
Analyst downgraded Federated Hermes from Neutral to Underweight and set a new price target of $41.00 from $42.00 previously
Deutsche Bank downgraded Federated Hermes from Buy to Hold and set a new price target of $43.00 from $45.00 previously
Analyst downgraded Federated Hermes from Overweight to Neutral and set a new price target of $42.00 from $49.00 previously
TD Cowen upgraded Federated Hermes from Hold to Buy and set a new price target of $46.00 from $35.00 previously
UBS initiated coverage of Federated Hermes with a rating of Neutral and set a new price target of $35.00
TD Cowen initiated coverage of Federated Hermes with a rating of Market Perform and set a new price target of $32.00
JP Morgan upgraded Federated Hermes from Underweight to Overweight and set a new price target of $47.00 from $35.00 previously
Keefe Bruyette upgraded Federated Hermes from Mkt Perform to Outperform and set a new price target of $40.00 from $32.00 previously
Citigroup downgraded Federated Hermes from Neutral to Sell and set a new price target of $28.50 from $198.50 previously
Citigroup resumed coverage of Federated Hermes with a rating of Neutral and set a new price target of $29.50
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
4 - FEDERATED HERMES, INC. (0001056288) (Issuer)
Total assets under management reach a record $839.8 billionMoney market assets reach a record $637.1 billionQ1 2025 earnings per diluted share of $1.25Quarterly dividend increased by 9.7% to $0.34 per sharePITTSBURGH, April 24, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.25 for Q1 2025, compared to $0.89 for the same quarter last year, on net income of $101.1 million for Q1 2025, compared to $75.0 million for Q1 2024. Federated Hermes' Q1 2025 results include a $12.9 million decrease in Other operating expense, or $0.15 per diluted share, resulting from a value-added tax (VAT) refund recei
PITTSBURGH, April 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: April 23, 2025 Ex-Dividend Date: April 23, 2025 Payable Date: May 1, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management,
Annual Shareholder Meeting will be by teleconference Thursday, April 24, 2025PITTSBURGH, April 7, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter ended March 31, 2025 after the market closes on Thursday, April 24, 2025. A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, April 25, 2025. President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call. Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit Federated
Federated Hermes MDT Advisers secures awards for multiple funds and performance periodsTwo active fixed-income strategies recognized for category outperformance through market cyclesPITTSBURGH, March 14, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced that Federated Hermes MDT Mid Cap Growth Fund, Federated Hermes MDT All Cap Core Fund, Federated Hermes Conservative Municipal Microshort Fund and Federated Hermes Corporate Bond Strategy Portfolio were recognized by the 2025 LSEG Lipper Fund Awards for consistently strong risk-adjusted performance. Evaluations were calculated for the periods ended Nov. 30, 2024. Federated Hermes MDT Advisers won awa
PITTSBURGH, March 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE:FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: March 21, 2025 Ex-Dividend Date: March 21, 2025 Payable Date: April 1, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active investment management, with $8
PITTSBURGH, Feb. 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE:FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: Feb. 21, 2025 Ex-Dividend Date: Feb. 21, 2025 Payable Date: March 3, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active, responsible investment management,
Q4 2024 earnings per diluted share of $1.04; full-year 2024 EPS of $3.23Total assets under management at record $829.6 billionBoard declares $0.31 per share quarterly dividendPITTSBURGH, Jan. 30, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, today reported earnings per diluted share (EPS) for Q4 2024 of $1.04, compared to $0.96 for the same quarter last year, on net income of $84.7 million for Q4 2024, compared to $82.2 million for Q4 2023. Full-year 2024 EPS was $3.23, compared to $3.40 for 2023 on net income of $268.3 million for 2024, compared to $299.0 million for 2023. Federated Hermes' full-year 2024 results include a $66.3 million non-cas
PITTSBURGH, Jan. 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: Jan. 23, 2025 Ex-Dividend Date: Jan. 23, 2025 Payable Date: Feb. 3, 2025 Amount Change From Previous Month $0.0400 $0.0000 Investors can view additional portfolio information in the Products section of FederatedHermes.com/us. Federated Hermes, Inc. (NYSE:FHI) is a global leader in active, responsible investment management
PITTSBURGH, Jan. 9, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active investing, will report financial and operating results for the quarter and year ended Dec. 31, 2024 after the market closes on Thursday, Jan. 30, 2025. A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, Jan. 31, 2025. President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call. Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit FederatedHermes.com for real-time Internet access. To listen online, go to the Abo
PITTSBURGH, Dec. 10, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE:FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: Dec. 23, 2024 Ex-Dividend Date: Dec. 23, 2024 Payable Date: Jan. 2, 2025 Amount Change From Previous Month $0.0400 $0.0020 The dividend increase is the result of higher portfolio income resulting from a reduction in the portfolio weight of mid- and high-quality securities and a corresponding increase in higher yieldin
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