Assenagon Asset Management S.A. Has $1.28 Million Stock Holdings in Federated Hermes, Inc. $FHI

Posted by Geri Gentry on Jul 2nd, 2026

Assenagon Asset Management S.A. decreased its holdings in Federated Hermes, Inc. (NYSE:FHI – Free Report) by 80.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 22,661 shares of the company’s stock after selling 93,617 shares during the period. Assenagon Asset Management S.A.’s holdings in Federated Hermes were worth $1,285,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. MAI Capital Management lifted its holdings in shares of Federated Hermes by 86.7% in the third quarter. MAI Capital Management now owns 476 shares of the company’s stock worth $25,000 after acquiring an additional 221 shares during the last quarter. Torren Management LLC acquired a new position in Federated Hermes during the 4th quarter worth approximately $25,000. CIBC Private Wealth Group LLC lifted its stake in Federated Hermes by 119.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 736 shares of the company’s stock valued at $38,000 after purchasing an additional 401 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Federated Hermes by 145.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 848 shares of the company’s stock valued at $44,000 after purchasing an additional 503 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Federated Hermes by 220.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 863 shares of the company’s stock valued at $45,000 after buying an additional 594 shares in the last quarter. Institutional investors and hedge funds own 75.94% of the company’s stock.

Insider Buying and Selling at Federated Hermes

In related news, VP Bryan M. Burke sold 4,000 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $54.20, for a total transaction of $216,800.00. Following the completion of the transaction, the vice president directly owned 74,921 shares of the company’s stock, valued at $4,060,718.20. This trade represents a 5.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Saker Anwar Nusseibeh sold 8,950 shares of Federated Hermes stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $57.34, for a total value of $513,193.00. Following the transaction, the chief executive officer directly owned 151,276 shares in the company, valued at $8,674,165.84. The trade was a 5.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.20% of the stock is owned by company insiders.

Analyst Ratings Changes

FHI has been the subject of several research analyst reports. TD Cowen lowered their price target on shares of Federated Hermes from $58.00 to $54.00 and set a “hold” rating for the company in a report on Monday, May 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Federated Hermes in a report on Tuesday, April 21st. Evercore restated an “outperform” rating and set a $59.00 price objective on shares of Federated Hermes in a research report on Monday, June 8th. Wall Street Zen cut Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Royal Bank Of Canada dropped their target price on Federated Hermes from $56.00 to $54.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $55.00.

View Our Latest Stock Report on Federated Hermes

Federated Hermes Trading Up 0.2%

FHI opened at $55.32 on Thursday. Federated Hermes, Inc. has a fifty-two week low of $44.46 and a fifty-two week high of $60.17. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.28 and a quick ratio of 2.73. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 1.96 and a beta of 0.65. The company’s 50 day moving average price is $56.48 and its two-hundred day moving average price is $55.42.

Federated Hermes (NYSE:FHI – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.07. The firm had revenue of $478.96 million during the quarter, compared to the consensus estimate of $475.22 million. Federated Hermes had a net margin of 21.47% and a return on equity of 33.90%. The company’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.25 earnings per share. As a group, research analysts predict that Federated Hermes, Inc. will post 5.13 earnings per share for the current year.

Federated Hermes Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 8th were issued a $0.38 dividend. The ex-dividend date was Friday, May 8th. This is a positive change from Federated Hermes’s previous quarterly dividend of $0.34. This represents a $1.52 dividend on an annualized basis and a yield of 2.7%. Federated Hermes’s dividend payout ratio (DPR) is currently 29.46%.

Federated Hermes Profile

(Free Report)

Federated Hermes, Inc is a global investment manager that provides a range of asset management solutions to institutional and individual investors. The company offers active strategies across equity, fixed income, multi-asset, liquidity, and alternative investments. Through its suite of mutual funds, separate accounts and collective investment vehicles, Federated Hermes seeks to deliver performance-driven outcomes aligned with client objectives and risk tolerances.

In addition to traditional investment management, Federated Hermes has developed specialized capabilities in sustainability and responsible investing, integrating environmental, social and governance (ESG) research into its investment process.