Federated Hermes Inc (NYSE: FHI) is -5.52% lower on its value in year-to-date trading and has touched a low of $31.23 and a high of $43.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FHI stock was last observed hovering at around $38.97 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $38.84, the stock is 1.17% and -0.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.33% at the moment leaves the stock 5.08% off its SMA200. FHI registered 9.91% gain for a year compared to 6-month gain of 11.77%.
The stock witnessed a -1.35% loss in the last 1 month and extending the period to 3 months gives it a -8.53%, and is 0.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.07% over the week and 2.01% over the month.
Federated Hermes Inc (FHI) has around 2072 employees, a market worth around $3.16B and $1.64B in sales. Current P/E ratio is 12.17 and Fwd P/E is 8.70. Profit margin for the company is 15.45%. Distance from 52-week low is 24.35% and -11.57% from its 52-week high. The company has generated returns on investments over the last 12 months (16.41%).
with sales reaching $421.75M over the same period.The EPS is expected to grow by 26.79% this year, but quarterly earnings will post 6.18% year-over-year. Quarterly sales are estimated to grow 6.40% in year-over-year returns.
Federated Hermes Inc (FHI) Top Institutional Holders
The shares outstanding are 81.76M, and float is at 77.58M with Short Float at 2.74%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.8 million shares valued at $289.41 million. The investor’s holdings represent 10.9057% of the FHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.43 million shares valued at $277.33 million to account for 10.4505 of the shares outstanding. The other top investors are FMR LLC which holds 5.53 million shares representing 6.8506% and valued at over $181.8 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 3.3719 of the shares totaling 2.7 million with a market value of $88.72 million.
Federated Hermes Inc (FHI) Insider Activity
The most recent transaction is an insider sale by Van Meter Stephen, the company’s VP, Chief Compliance Officer. SEC filings show that Van Meter Stephen sold 426 shares of the company’s common stock on Mar 04 ’25 at a price of $38.23 per share for a total of $16287.0. Following the sale, the insider now owns 34193.0 shares.
Federated Hermes Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Zierden Theodore W III (Vice President) sold a total of 4,082 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $37.49 per share for $0.15 million. Following the transaction, the insider now directly holds 0.13 million shares of the FHI stock.
Still, SEC filings show that on Mar 04 ’25, Nusseibeh Saker Anwar (CEO, Federated Hermes Limited) disposed off 6,921 shares at an average price of $37.57 for $0.26 million. The insider now directly holds 172,175 shares of Federated Hermes Inc (FHI).
