Louisiana State Employees Retirement System Invests $1.21 Million in Federated Hermes, Inc. $FHI

Posted by Brenda Bartman on Jul 4th, 2026

Louisiana State Employees Retirement System acquired a new stake in Federated Hermes, Inc. (NYSE:FHI – Free Report) during the first quarter, Holdings Channel reports. The institutional investor acquired 21,400 shares of the company’s stock, valued at approximately $1,214,000.

A number of other institutional investors have also made changes to their positions in the business. Torren Management LLC acquired a new position in Federated Hermes during the fourth quarter worth $25,000. MAI Capital Management increased its stake in Federated Hermes by 86.7% in the 3rd quarter. MAI Capital Management now owns 476 shares of the company’s stock valued at $25,000 after buying an additional 221 shares during the last quarter. CIBC Private Wealth Group LLC increased 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 buying an additional 401 shares during the last quarter. Parkside Financial Bank & Trust increased 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 buying an additional 503 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in Federated Hermes by 220.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 863 shares of the company’s stock worth $45,000 after buying an additional 594 shares in the last quarter. Institutional investors own 75.94% of the company’s stock.

Insider Activity

In related news, 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 transaction of $513,193.00. Following the completion of the transaction, the chief executive officer owned 151,276 shares in the company, valued at approximately $8,674,165.84. This trade represents a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Bryan M. Burke sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $54.20, for a total value of $216,800.00. Following the transaction, the vice president directly owned 74,921 shares in the company, valued at approximately $4,060,718.20. This trade represents a 5.07% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 4.20% of the company’s stock.

Federated Hermes Stock Performance

NYSE FHI opened at $56.52 on Friday. The firm has a market capitalization of $4.29 billion, a P/E ratio of 10.95, a price-to-earnings-growth ratio of 2.02 and a beta of 0.65. The company has a current ratio of 3.28, a quick ratio of 2.73 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is $56.46 and its two-hundred day moving average price is $55.46. Federated Hermes, Inc. has a 1 year low of $45.03 and a 1 year high of $60.17.

Federated Hermes (NYSE:FHI – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.07. The company 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 quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 EPS. As a group, research analysts anticipate that Federated Hermes, Inc. will post 5.12 EPS for the current year.

Federated Hermes Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Federated Hermes from $56.00 to $53.00 and set an “underweight” rating for the company in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Federated Hermes in a research report on Tuesday, April 21st. Wall Street Zen lowered Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada increased their price target on Federated Hermes from $54.00 to $57.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, TD Cowen decreased their price target on Federated Hermes from $58.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, May 4th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.75.

Read Our Latest Report on Federated Hermes

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.