Mirae Asset Global Investments Co. Ltd. Acquires New Stake in Federated Hermes, Inc. $FHI

Posted by Brian Himes on Nov 7th, 2026

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Federated Hermes, Inc. (NYSE:FHI – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 67,826 shares of the company’s stock, valued at approximately $3,823,000.

Several other institutional investors have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its stake in shares of Federated Hermes by 24.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 996 shares of the company’s stock valued at $52,000 after purchasing an additional 194 shares during the period. Nisa Investment Advisors LLC grew its stake in Federated Hermes by 1.5% in the third quarter. Nisa Investment Advisors LLC now owns 15,910 shares of the company’s stock worth $897,000 after purchasing an additional 228 shares during the period. State of Michigan Retirement System raised its holdings in Federated Hermes by 1.7% in the first quarter. State of Michigan Retirement System now owns 17,776 shares of the company’s stock worth $1,008,000 after purchasing an additional 300 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Federated Hermes by 2.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 15,172 shares of the company’s stock worth $860,000 after purchasing an additional 400 shares in the last quarter. Finally, Novem Group lifted its position in Federated Hermes by 2.2% during the third quarter. Novem Group now owns 20,668 shares of the company’s stock valued at $1,165,000 after buying an additional 437 shares during the period. Institutional investors own 75.94% of the company’s stock.

Federated Hermes Stock Up 0.2%

FHI stock traded up $0.12 during midday trading on Friday, hitting $64.16. The company’s stock had a trading volume of 1,010,777 shares, compared to its average volume of 883,668. The company has a market cap of $4.79 billion, a PE ratio of 11.58, a P/E/G ratio of 1.64 and a beta of 0.67. Federated Hermes, Inc. has a 12 month low of $47.30 and a 12 month high of $67.38. The company has a current ratio of 2.48, a quick ratio of 1.89 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average is $58.51 and its 200-day moving average is $57.65.

Federated Hermes (NYSE:FHI – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.08. Federated Hermes had a return on equity of 33.94% and a net margin of 21.28%. The business had revenue of $507.33 million during the quarter, compared to analyst estimates of $504.91 million. During the same quarter last year, the company earned $1.34 EPS. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. On average, equities research analysts forecast that Federated Hermes, Inc. will post 5.56 earnings per share for the current fiscal year.

Federated Hermes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, November 6th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.52 annualized dividend and a dividend yield of 2.4%. Federated Hermes’s dividend payout ratio (DPR) is 27.44%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FHI shares. Royal Bank Of Canada upped their target price on shares of Federated Hermes from $60.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Weiss Ratings raised shares of Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $58.00 price objective on shares of Federated Hermes in a research note on Monday, August 3rd. TD Cowen upped their price objective on shares of Federated Hermes from $56.00 to $62.00 and gave the stock a “hold” rating in a report on Monday. Finally, Evercore reissued an “outperform” rating and issued a $65.00 price target on shares of Federated Hermes in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.80.

Check Out Our Latest Research Report on Federated Hermes

About Federated Hermes

(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.