FEDERATED HERMES, INC.
FHI · Investment Advice · 83.9M shares · -4%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $143M (gross $177M, SBC $34M)
Reference price $59.64 · est. market cap ~$5.0B — last insider sale, 2026-06-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80Federated Hermes — high-return asset manager (money-market heavy).
Strengths
- ROE 33.7% (79th pct), ROA (95th), operating margin (77th)
- Net income +50%; strong money-market franchise
Risks
- Money-fund fee/rate sensitivity
- Equity/AUM outflow risk
Notable findings
- Strong balance sheetStrong balance sheet — $583M cash & investments
- Buying back stockNet buyback — share count -4%/yr over 4y
- Pending merger8 million) and (3) cash deposits made on a fixed asset to be acquired in 2026 ($6
- Insider sellingInsider selling — 17 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$9M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
28.5%
Net margin
22.4%
Return on equity
33.7%
Return on assets
18.1%
ROIC
26.3%
Revenue growth (QoQ)
-0.8%
Net-income growth
50.3%
Debt / equity
0.3×
Current ratio
2.7×
Free cash flow
$295M
Tangible book value
$13M
Cash & investments
$583M
Stock comp / revenue
1.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-23 | Van Meter Stephen | Sell | 1.7K | $59.64 |
| 2026-06-16 | Uhlman Paul A | Sell | 6.1K | $58.67 |
| 2026-06-08 | Nusseibeh Saker Anwar | Sell | 8.9K | $57.34 |
| 2026-05-26 | Germain Peter J | Sell | 409 | $55.31 |
| 2026-05-26 | Uhlman Paul A | Sell | 1.0K | $55.30 |
| 2026-05-18 | DONAHUE THOMAS R | Gift | 31K | — |
| 2026-05-15 | Germain Peter J | Sell | 5.0K | $54.30 |
| 2026-05-07 | Burke Bryan M | Sell | 4.0K | $54.20 |
| 2026-05-04 | Uhlman Paul A | Grant | 40K | — |
| 2026-05-04 | Burke Bryan M | Grant | 35K | — |
| 2026-05-01 | Jones Marie Milie | Grant | 2.0K | — |
| 2026-05-01 | Hanlon Karen | Grant | 2.0K | — |
| 2026-05-01 | BARTOLACCI JOSEPH C | Grant | 2.0K | — |
| 2026-03-13 | DONAHUE THOMAS R | Sell | 30K | $57.10 |
| 2026-03-12 | Uhlman Paul A | Sell | 62K | $56.15 |
| 2026-03-12 | Uhlman Paul A | Sell | 10K | $56.72 |
| 2026-03-05 | DONAHUE THOMAS R | Grant | 29K | — |
| 2026-03-05 | Van Meter Stephen | Sell | 448 | $56.50 |
| 2026-03-05 | Van Meter Stephen | Grant | 1.4K | — |
| 2026-03-05 | Dudiak Dolores D | Grant | 2.3K | — |
| 2026-03-05 | Nusseibeh Saker Anwar | Sell | 6.2K | $56.50 |
| 2026-03-05 | Nusseibeh Saker Anwar | Grant | 11K | — |
| 2026-03-05 | DONAHUE J CHRISTOPHER | Grant | 35K | — |
| 2026-03-05 | Uhlman Paul A | Sell | 12K | $56.53 |
| 2026-03-05 | Uhlman Paul A | Grant | 21K | — |
| 2026-03-05 | Novak Richard A | Sell | 867 | $56.49 |
| 2026-03-05 | Novak Richard A | Grant | 2.6K | — |
| 2026-03-05 | Zierden Theodore W III | Grant | 8.9K | — |
| 2026-02-17 | Novak Richard A | Sell | 14K | $55.25 |
| 2026-02-02 | Nusseibeh Saker Anwar | Sell | 4.6K | $53.57 |
| 2026-02-02 | Nusseibeh Saker Anwar | Sell | 1.2K | $54.03 |
| 2025-12-12 | Dudiak Dolores D | Sell | 5.0K | $52.24 |
| 2025-11-19 | FISHER JOHN B | Sell | 7.6K | $47.87 |
| 2025-11-19 | Nusseibeh Saker Anwar | Sell | 4.5K | $47.85 |
| 2025-11-19 | Dudiak Dolores D | Sell | 999 | $47.87 |
| 2025-11-19 | Novak Richard A | Sell | 1.2K | $47.85 |
| 2025-11-19 | Germain Peter J | Sell | 6.9K | $47.85 |
| 2025-11-19 | Van Meter Stephen | Sell | 707 | $47.86 |
| 2025-11-19 | Uhlman Paul A | Sell | 6.5K | $47.85 |
| 2025-11-19 | Zierden Theodore W III | Sell | 3.7K | $47.84 |
| 2025-11-18 | Nusseibeh Saker Anwar | Grant | 9.0K | $3.00 |
| 2025-11-18 | Van Meter Stephen | Grant | 3.0K | $3.00 |
| 2025-11-18 | Uhlman Paul A | Grant | 18K | $3.00 |
| 2025-11-18 | Zierden Theodore W III | Grant | 18K | $3.00 |
| 2025-11-18 | DONAHUE J CHRISTOPHER | Grant | 18K | $3.00 |
| 2025-11-18 | DONAHUE THOMAS R | Grant | 18K | $3.00 |
| 2025-11-18 | Novak Richard A | Grant | 2.5K | $3.00 |
| 2025-11-18 | Germain Peter J | Grant | 18K | $3.00 |
| 2025-11-18 | FISHER JOHN B | Grant | 18K | $3.00 |
| 2025-11-07 | Germain Peter J | Sell | 5.0K | $49.22 |
| 2025-11-03 | Nusseibeh Saker Anwar | Sell | 12K | $48.69 |
| 2025-11-03 | Nusseibeh Saker Anwar | Sell | 2.9K | $47.94 |
| 2025-08-28 | DONAHUE THOMAS R | Gift | 26K | — |
| 2025-08-04 | Van Meter Stephen | Sell | 430 | $50.71 |
| 2025-06-16 | Nusseibeh Saker Anwar | Sell | 6.0K | $42.70 |
| 2025-06-16 | Uhlman Paul A | Sell | 1.0K | $42.63 |
| 2025-05-28 | Van Meter Stephen | Sell | 5.9K | $42.26 |
| 2025-05-27 | Uhlman Paul A | Sell | 6.1K | $42.14 |
| 2025-05-27 | Germain Peter J | Sell | 407 | $41.94 |
| 2025-05-19 | Nusseibeh Saker Anwar | Sell | 7.4K | $43.09 |
| 2025-04-25 | Jones Marie Milie | Grant | 2.4K | — |
| 2025-04-25 | Hanlon Karen | Grant | 2.4K | — |
| 2025-04-25 | BARTOLACCI JOSEPH C | Grant | 2.4K | — |
| 2025-03-05 | Novak Richard A | Grant | 3.3K | — |
| 2025-03-05 | Van Meter Stephen | Grant | 1.8K | — |
| 2025-03-05 | Dudiak Dolores D | Grant | 2.9K | — |
| 2025-03-05 | DONAHUE THOMAS R | Grant | 36K | — |
| 2025-03-05 | DONAHUE J CHRISTOPHER | Grant | 44K | — |
| 2025-03-05 | Zierden Theodore W III | Grant | 10K | — |
| 2025-03-05 | Nusseibeh Saker Anwar | Grant | 13K | — |
| 2025-03-05 | Uhlman Paul A | Grant | 26K | — |
| 2025-03-04 | Nusseibeh Saker Anwar | Sell | 6.9K | $37.57 |
| 2025-03-04 | Uhlman Paul A | Sell | 12K | $37.55 |
| 2025-03-04 | Van Meter Stephen | Sell | 400 | $38.30 |
| 2025-03-04 | Uhlman Paul A | Sell | 1.1K | $38.06 |
| 2025-03-04 | Novak Richard A | Sell | 42 | $37.23 |
| 2025-03-04 | Van Meter Stephen | Sell | 26 | $37.21 |
| 2025-03-04 | Novak Richard A | Sell | 820 | $38.30 |
| 2025-03-04 | Zierden Theodore W III | Sell | 4.1K | $37.49 |
| 2025-02-07 | Nusseibeh Saker Anwar | Sell | 5.5K | $38.81 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (2)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-01 | 2026-03-31 | 0001056288-26-000018 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001056288-26-000016 ↗ |
| 8-K | 2026-04-09 | 2026-04-09 | 0001056288-26-000011 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0001056288-26-000007 ↗ |
| 8-K | 2026-01-30 | 2026-01-30 | 0001056288-26-000005 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001056288-26-000003 ↗ |
| 8-K | 2025-12-02 | 2025-12-02 | 0001056288-25-000032 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001056288-25-000030 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001056288-25-000028 ↗ |
| 8-K | 2025-10-23 | 2025-10-23 | 0001056288-25-000024 ↗ |
| 10-Q | 2025-08-01 | 2025-06-30 | 0001056288-25-000021 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0001056288-25-000019 ↗ |