Federated Hermes

Federated Hermes, Inc. is engaged in the provision of investment management products and related financial services. It sponsors, markets and provides investment-related services to sponsored investment companies, federated funds, and separate accounts which include separately managed accounts, institutional accounts, sub-advised funds and other managed products in both domestic and international markets. The company was founded by John F. Donahue and Richard B. Fisher in October 1955 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Federated Hermes (FHI) reports solid asset growth and revenue challenges

Federated Hermes (FHI) demonstrated strength in asset management with positive net sales in equity and fixed income funds.
Challenges include a decrease in total revenue and an increase in operating expenses, impacting profitability in the short term.
Opportunities lie in the growth potential of private market strategies and money market assets, supported by expectations for future acquisitions.

Federated Hermes achieves record AUM in Q1 2023 earnings call

Federated Hermes reported strong performance in Q1 2023, with record AUM and positive net sales in key strategies. Despite competitive pressures and regulatory challenges, the company remains well-positioned in the market. Opportunities for growth exist in alternative private markets and new fund offerings.

Federated Hermes reports robust Q2 performance and eyes M&A opportunities

Federated Hermes reported strong Q2 performance with positive net sales in various strategies. The company discussed regulatory changes, M&A opportunities, and market dynamics, highlighting successful equity strategies.

Federated Hermes reports record AUM in Q3 earnings call

Federated Hermes saw mixed performance in Q3 with record AUM driven by money market assets, while equities faced challenges.
The company's strengths lie in strong client interest in equity and fixed income strategies, alongside ESG integration efforts.
Opportunities for growth include potential M&A activities and share buyback programs, despite challenges in certain asset segments.

Federated Hermes achieves record AUM in Q4 2023

Federated Hermes (FHI) reported record assets under management in Q4 2023, driven by strong performances in equities, fixed income, and money market funds. Despite revenue decrease, the company remains optimistic about future inflows and growth opportunities. FHI's focus on private markets and reliable fixed income products positions it well for continued success.

Federated Hermes achieves record AUM in Q1 2024

Federated Hermes reported strong AUM growth driven by money market assets, positive net sales in key funds, and interest in various duration products. Challenges include a decrease in alternative private market assets and managing client risk preferences effectively. Opportunities lie in expanding market flows, catering to evolving client needs, and leveraging high yield's strong performance.

Federated Hermes achieves record AUM in Q2 earnings call

Federated Hermes saw record AUM in Q2 driven by strong money market assets, despite decreases in other asset classes.
Revenue increased, but expenses rose due to a noncash charge, with a focus on undervalued stock repurchases ahead.
Positive net sales in specific strategies and expectations of favorable market conditions for money market assets.
Challenges include asset decreases and discussions with clients on duration extensions amidst declining rates.

Federated Hermes achieves record AUM, faces fee challenges

Federated Hermes reported strong AUM growth, revenue increase, and cost management in Q3 2024.
The company faces challenges from account redemptions and management fee impacts.
Opportunities lie in continued growth in key asset classes, share repurchase program, and tax rate expectations.
Overall, Federated Hermes is well-positioned for growth and navigating challenges effectively.

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PITTSBURGH, April 7, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter ended March 31, 2022 after the market closes on Thursday, April 28, 2022. A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, April 29, 2022. President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call.

Federated Hermes, Inc. announces first quarter 2022 earnings and conference call dates

PITTSBURGH , March 31, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that Federated Hermes Kaufmann Small Cap Fund, and related institutional strategies, will reopen to new investors on April 18, 2022. Launched in December 2002, the fund seeks capital appreciation by investing primarily in the common stocks of promising small companies identified through management's rigorous proprietary fundamental research.

Federated Hermes, Inc. to reopen Kaufmann Small Cap Fund

Federated Hermes' (FHI) efforts to expand via acquisitions and operational expansion efforts are commendable. Yet, higher expenses and a strict regulatory environment are major drags.

Federated Hermes (FHI) Strategic Buyouts Aid, Cost Woes Stay

Federated Hermes (FHI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Federated Hermes (FHI) Rating Upgrade to Strong Buy

Federated Hermes' (FHI) Q4 results reflect the favorable impacts of higher AUM, a robust liquidity position and reduced costs. However, lower revenues are a drag.

Federated (FHI) Q4 Earnings Meet Estimates, AUM Increases

Federated Hermes Inc. (FHI) CEO Chris Donahue on Q4 2021 Results - Earnings Call Transcript

Federated Hermes (FHI) delivered earnings and revenue surprises of 0% and 2.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Federated Hermes (FHI) Matches Q4 Earnings Estimates

PITTSBURGH, Jan. 27, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) for Q4 2021 of $0.71, compared to $0.93 for the same quarter last year, on net income of $68.6 million for Q4 2021, compared to $95.2 million for Q4 2020. Full-year 2021 EPS was $2.75, compared to $3.23 for 2020 on net income of $270.3 million for 2021, compared to $326.4 million for 2020.

Federated Hermes, Inc. reports fourth quarter and full-year 2021 earnings

Does Federated Hermes (FHI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Federated Hermes (FHI)

PITTSBURGH , Jan. 6, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter and year ended Dec. 31, 2021 after the market closes on Thursday, Jan. 27, 2022. A conference call for investors and analysts will be held at 9 a.m.

Federated Hermes, Inc. announces fourth quarter and year-end 2021 earnings and conference call dates

BrightSphere Investment Group

Victory Capital Holdings

Asset managers like BrightSphere Investment (BSIG), Federated Hermes (FHI) & Victory Capital (VCTR) will keep benefiting from rising AUM balance driven by the improving economy despite several headwinds.

3 Asset Managers Set to Continue Their Winning Streak in 2022

Federated Hermes, an active management firm with a focus on sustainable investing, has announced in a press release the launch of two new active transparent fixed income ETFs that focus on short duration. The Federated Hermes Short Duration Corporate ETF (FCSH) and the Federated Hermes Short Duration High Yield ETF (FHYS) offer two new options [.

Federated Hermes Launches New Short-Duration Fixed Income ETFs

PITTSBURGH, Dec. 17, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today launched the Federated Hermes Short Duration Corporate ETF and Federated Hermes Short Duration High Yield ETF. These new actively managed products benefit from Federated Hermes' decades of experience in offering active fixed-income investment ideas and its capabilities with authentic environmental, social and governance (ESG) integration, along with the advantages of an ETF structure, tax efficiency, lower costs and intraday trading.

Federated Hermes, Inc. launches two active, transparent fixed-income ETFs

Federated's (FHI) Q3 earnings reflect controlled expenses, favorable debt levels and lower revenues.

Federated (FHI) Q3 Earnings Beat Estimates, AUM Rises Y/Y

Federated Hermes, Inc. (FHI) CEO Chris Donahue on Q3 2021 Results - Earnings Call Transcript

Federated Hermes (NYSE:FHI) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:17 PM. Here's what investors need to know about the announcement.

Federated Hermes: Q3 Earnings Insights

PITTSBURGH, Oct. 28, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.73 for Q3 2021, compared to $0.85 for the same quarter last year, on net income of $71.4 million for Q3 2021, compared to $85.8 million for Q3 2020. Federated Hermes reported YTD 2021 EPS of $2.04, compared to $2.29 for the same period in 2020, on YTD 2021 net income of $201.7 million, compared to $231.2 million for the same period in 2020.

Federated Hermes, Inc. reports third quarter 2021 earnings

PITTSBURGH, Oct. 21, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the findings of its 2021 environmental, social and governance (ESG) survey of U.S. financial advisors, high-net-worth individuals and institutional investors. The 2021 Federated Hermes ESG Investing Survey underscores the continuing importance of ESG initiatives as 95% of financial advisors said that their clients have asked them about ESG or responsible investing, up from 90% in 2020.

Federated Hermes, Inc. ESG survey reveals increased importance of issues in addition to environment in wake of social unrest and global pandemic

PITTSBURGH, Oct. 6, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter ended Sept. 30, 2021 after the market closes on Thursday, Oct. 28, 2021.

Federated Hermes, Inc. announces third quarter 2021 earnings and conference call dates

Federated Premier Municipal Income Fund

PITTSBURGH, Pa., Sept. 30, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that it plans to call and redeem all of its outstanding Auction Market Preferred Shares (AMPS) on or about Nov. 3, 2021.

Federated Hermes Premier Municipal Income Fund to call and redeem all outstanding Auction Market Preferred Shares

PITTSBURGH, Sept. 29, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the launch of the Federated Hermes MDT Market Neutral Fund, which seeks to provide long-term capital appreciation while limiting exposure to general stock market risk.

Federated Hermes, Inc. launches $81 million market neutral fund

Federated Hermes (FHI) purchases certain investment management-related assets of Horizon Advisers, part of Hancock Whitney Bank and the transition of $562 million in equity and fixed-income assets.

Federated Hermes (FHI) Acquires $562M of Horizon Advisers Assets

PITTSBURGH, Sept. 28, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the completion of the acquisition announced in April 2021 of certain investment management related assets of Horizon Advisers, an unincorporated division of Hancock Whitney Bank, and the transition of approximately $562 million 1 in equity and fixed-income fund assets.

Federated Hermes, Inc. and Horizon Advisers complete transition of approximately $562 million in equity and fixed-income fund assets to Federated Hermes funds

Federated Hermes (FHI) to buy Hermes Fund Managers for $547.4 million with an aim to focus on honing its investment capabilities, while growing the company's global distribution footprint.

Federated (FHI) to Buy Remaining Stake in Hermes Fund Managers

PITTSBURGH, Aug. 18, 2021 /PRNewswire/ -- Federated Hermes, Inc., (NYSE: FHI) a global leader in active, responsible investing, has today agreed to the acquisition of the remaining 29.5% interest in Hermes Fund Managers Limited (HFML) held by BT Pension Scheme (BTPS). Federated Hermes acquired a 60% majority interest in HFML from BTPS in 2018.

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