F

Federated Hermes
D

FHI

42.320
USD
0.62
(1.49%)
Market Closed
Volume
16,857
EPS
4
Div Yield
2.86
P/E
13
Market Cap
3,462,356,292
Related Instruments
    A
    AJRD
    0
    (0%)
    0.000000 USD
    BA
    BA
    2.055
    (1.49%)
    149.28 USD
    GD
    GD
    -4.47
    (-1.53%)
    287.97 USD
    LHX
    LHX
    -1.250
    (-0.50%)
    246.995 USD
    LMT
    LMT
    -4.08
    (-0.76%)
    542.12 USD
    NOC
    NOC
    -6.47
    (-1.29%)
    493.99 USD
    RTX
    RTX
    -0.380
    (-0.32%)
    120.75 USD
    TDG
    TDG
    -19.06
    (-1.50%)
    1,254.10 USD
    T
    TXT
    -1.200
    (-1.39%)
    84.890 USD
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News

Title: Federated Hermes

Sector: Financial Services
Industry: Asset Management
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).