What is Zacks Research’s Estimate for FHI FY2027 Earnings?

Federated Hermes, Inc. (NYSE:FHI) – Research analysts at Zacks Research issued their FY2027 earnings estimates for shares of Federated Hermes in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst R. Department expects that the company will post earnings per share of $4.17 for the year. The consensus estimate for Federated Hermes’ current full-year earnings is $4.09 per share.

Several other brokerages have also recently weighed in on FHI. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $43.00 price target (down previously from $45.00) on shares of Federated Hermes in a research report on Wednesday, January 8th. Royal Bank of Canada decreased their target price on shares of Federated Hermes from $42.00 to $39.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 28th. TD Cowen raised shares of Federated Hermes from a “hold” rating to a “buy” rating and increased their target price for the company from $35.00 to $46.00 in a research report on Monday, October 28th. StockNews.com cut shares of Federated Hermes from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 26th. Finally, Evercore ISI increased their target price on shares of Federated Hermes from $41.00 to $43.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $42.00.

Federated Hermes Price Performance

Shares of FHI opened at $38.54 on Thursday. The company has a 50 day moving average price of $39.67 and a 200-day moving average price of $38.34. Federated Hermes has a fifty-two week low of $31.24 and a fifty-two week high of $43.92. The stock has a market capitalization of $3.15 billion, a PE ratio of 12.08, a PEG ratio of 1.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.03 and a current ratio of 2.70.

Federated Hermes (NYSE:FHI) last announced its quarterly earnings results on Thursday, January 30th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.08. Federated Hermes had a net margin of 16.44% and a return on equity of 30.31%.

Federated Hermes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, February 7th. This represents a $1.24 dividend on an annualized basis and a yield of 3.22%. Federated Hermes’s payout ratio is 38.87%.

Insider Buying and Selling at Federated Hermes

In other Federated Hermes news, CEO Saker Anwar Nusseibeh sold 5,546 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $38.81, for a total transaction of $215,240.26. Following the transaction, the chief executive officer now owns 179,096 shares in the company, valued at approximately $6,950,715.76. This represents a 3.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.70% of the stock is currently owned by company insiders.

Institutional Trading of Federated Hermes

A number of hedge funds and other institutional investors have recently made changes to their positions in FHI. Quarry LP acquired a new stake in shares of Federated Hermes in the fourth quarter worth $37,000. R Squared Ltd acquired a new stake in shares of Federated Hermes in the fourth quarter worth $43,000. Sound Income Strategies LLC acquired a new stake in shares of Federated Hermes in the fourth quarter worth $53,000. Neo Ivy Capital Management acquired a new stake in shares of Federated Hermes in the third quarter worth $60,000. Finally, GAMMA Investing LLC increased its stake in shares of Federated Hermes by 60.9% in the fourth quarter. GAMMA Investing LLC now owns 1,707 shares of the company’s stock worth $70,000 after acquiring an additional 646 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.

About Federated Hermes

Federated Hermes, Inc is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors.