Federated Hermes (FHI)

Company Profile

Federated Hermes, Inc. is a leading global investment manager with $614.8 billion in assets under management as of Sept. 30, 2020. Guided by its conviction that responsible investing is the best way to create wealth over the long term, its investment solutions span equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies. Providing world- class active investment management and engagement services to more than 11,000 institutions and intermediaries, our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes' more than 1,900 employees include those in London, New York, Boston and several other offices worldwide.

Company profile

Ticker

FHI

Exchange

NYSE

Website

www.federatedhermes.com

CEO

J. Christopher Donahue

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Finance and Insurance > Securities and Commodity Exchanges

Industry (SIC)

Investment Advice

Apollo Global Management Inc - • Carlyle Group Inc • Blackstone • Ares Management • Invesco • Franklin Resources • Ameriprise Financial • TPG • Legg Mason • Affiliated Managers ...

Former names

FEDERATED INVESTORS INC /PA/

SEC CIK

0001056288

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

EMPEF GP Limited • 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 European Direct Lending Fund II GP, Sarl • Federated Holdings • Federated Holdings (UK) Limited ...

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
1001 LIBERTY AVENUE
PITTSBURGH
PA 15222

Phone

4122881900

Brochures

Fed Uk Part 2 3-29-2022 (29 Mar 22)

FHI stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Federated Hermes, Inc. reports fourth quarter and full-year 2022 earnings

1 Nov 22

Federated Hermes, Inc. reports third quarter 2022 earnings

2 Aug 22

Federated Hermes, Inc. reports second quarter 2022 earnings

28 Jul 22

8-K

Entry into a Material Definitive Agreement

3 May 22

Federated Hermes, Inc. reports first quarter 2022 earnings

28 Apr 22

8-K

Entry into a Material Definitive Agreement

17 Mar 22

Transcripts

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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

FHI

Earnings call transcript

2021 Q2

30 Jul 21

FHI

Earnings call transcript

2021 Q1

30 Apr 21

FHI

Earnings call transcript

2020 Q4

29 Jan 21

FHI

Earnings call transcript

2020 Q3

30 Oct 20

Latest ownership filings

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SC 13G/A

Xponential Fitness, Inc.

Seres Therapeutics, Inc.

RHYTHM PHARMACEUTICALS, INC.

Regulus Therapeutics Inc.

Orchard Therapeutics plc

1 Feb 23

SC 13G/A

Minerva Neurosciences, Inc.

1 Feb 23

Financial summary

Financial statements Chart FHI financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q3 2022

FHI institutional ownership history Ownership history

82.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	274	255	+7.5%
Opened positions	44	32	+37.5%
Closed positions	25	36	-30.6%
Increased positions	82	70	+17.1%
Reduced positions	105	119	-11.8%

13F shares	Current	Prev Q	Change
Total value	2.70 bn	2.48 bn	+9.0%
Total shares	72.99 mm	77.76 mm	-6.1%
Total puts	23.10 k	23.50 k	-1.7%
Total calls	33.70 k	32.10 k	+5.0%
Total put/call ratio	0.7	0.7	-6.4%

Largest owners	Shares	Value	Change
BLK Blackrock	11.75 mm	$389.22 mm	-5.0%
Vanguard	8.28 mm	$274.23 mm	-7.3%
Setanta Asset Management	5.51 mm	$179.64 mm	0.0%
Schneider Downs Wealth Management Advisors	3.24 mm	$107.15 mm	-1.5%
FMR	3.02 mm	$100.16 mm	+0.7%
GWL Great West Life Assurance	2.35 mm	$77.86 mm	-22.5%
Burgundy Asset Management	2.32 mm	$76.97 mm	-2.7%
Dimensional Fund Advisors	2.27 mm	$75.18 mm	+0.7%
IVZ Invesco	2.12 mm	$70.19 mm	+17.0%
BK Bank Of New York Mellon	2.06 mm	$68.08 mm	-3.4%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-2.92 mm	EXIT
Millennium Management	1.79 mm	+806.56 k	+82.0%
GWL Great West Life Assurance	2.35 mm	-682.50 k	-22.5%
Citadel Advisors	1.00 mm	-659.13 k	-39.6%
Vanguard	8.28 mm	-649.45 k	-7.3%
BLK Blackrock	11.75 mm	-614.71 k	-5.0%
Balyasny Asset Management	709.60 k	-588.72 k	-45.3%
FIL	0.00	-584.74 k	EXIT
Azora Capital	474.53 k	+474.53 k	NEW
Charles Schwab Investment Management	1.87 mm	-420.03 k	-18.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FHI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jan 23	Farrell Michael J	Class B Common Stock	Sell	Dispose S	Yes	No	38.6386	10,000	386.39 k	50,200
5 Dec 22	Ceresino Gordon J	Class B Common Stock	Sell	Dispose S	No	No	38.197	12,853	490.95 k	155,829
2 Dec 22	Ceresino Gordon J	Class B Common Stock	Sell	Dispose S	Yes	No	37.9507	20,000	759.01 k	0
28 Nov 22	Novak Richard A	Class B Common Stock	Sell	Dispose S	No	No	37.4759	14,557	545.54 k	45,239
25 Nov 22	Novak Richard A	Class B Common Stock	Sell	Dispose S	No	No	37.6546	4,618	173.89 k	59,796
18 Nov 22	Donahue Thomas R	Class B Common Stock	Grant	Acquire A	No	No	3	18,500	55.50 k	563,130
18 Nov 22	Nusseibeh Saker Anwar	Class B Common Stock	Grant	Acquire A	No	No	3	10,000	30.00 k	253,497