Royal Bank Of Canada Forecasts Strong Price Appreciation for Federated Hermes (NYSE:FHI) Stock

Posted by Brenda Bartman on Nov 3rd, 2026

Federated Hermes (NYSE:FHI – Get Free Report) had its price target raised by equities research analysts at Royal Bank Of Canada from $60.00 to $63.00 in a report issued on Tuesday, Benzinga reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada‘s price target indicates a potential upside of 0.68% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. TD Cowen increased their target price on Federated Hermes from $56.00 to $62.00 and gave the company a “hold” rating in a research note on Monday. Wall Street Zen cut Federated Hermes from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Zacks Research cut Federated Hermes from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Evercore reissued an “outperform” rating and set a $65.00 price objective on shares of Federated Hermes in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $58.00 target price on shares of Federated Hermes in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $60.80.

Check Out Our Latest Report on FHI

Federated Hermes Price Performance

FHI stock traded up $0.01 during midday trading on Tuesday, reaching $62.57. The company had a trading volume of 10,228 shares, compared to its average volume of 714,268. The firm has a 50-day moving average price of $58.59 and a 200-day moving average price of $57.43. The company has a market capitalization of $4.67 billion, a P/E ratio of 11.29, a P/E/G ratio of 1.50 and a beta of 0.66. Federated Hermes has a 1 year low of $47.30 and a 1 year high of $67.20. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.89.

Federated Hermes (NYSE:FHI – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.08. Federated Hermes had a net margin of 21.30% and a return on equity of 34.03%. The firm had revenue of $507.33 million for the quarter, compared to analysts’ expectations of $504.91 million. During the same quarter last year, the company posted $1.34 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. On average, research analysts anticipate that Federated Hermes will post 5.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Federated Hermes

Several institutional investors have recently bought and sold shares of FHI. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in Federated Hermes during the 2nd quarter worth approximately $1,427,000. Morningstar Investment Management LLC lifted its position in Federated Hermes by 82.6% in the first quarter. Morningstar Investment Management LLC now owns 39,895 shares of the company’s stock valued at $2,262,000 after purchasing an additional 18,047 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Federated Hermes in the second quarter valued at approximately $2,833,000. Congress Asset Management Co. boosted its stake in shares of Federated Hermes by 21.2% during the third quarter. Congress Asset Management Co. now owns 102,693 shares of the company’s stock valued at $5,789,000 after purchasing an additional 17,992 shares during the period. Finally, First Trust Advisors LP boosted its stake in shares of Federated Hermes by 5.6% during the first quarter. First Trust Advisors LP now owns 616,598 shares of the company’s stock valued at $34,967,000 after purchasing an additional 32,810 shares during the period. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

About Federated Hermes

(Get Free Report)

Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.

Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.