What is the 13F Pro Quality Score for FHI?

13F Pro ranks FEDERATED HERMES, INC. (FHI) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FHI's current score at https://13fpro.ai/company/FHI (free sign-up required for the full ranking).

Which hedge funds own the most FHI stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of FHI include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/FHI as soon as new 13F filings post.

Where does 13F Pro source FHI data?

All FEDERATED HERMES, INC. fundamentals and ownership data come directly from SEC EDGAR. FEDERATED HERMES, INC. files with the SEC under CIK 1056288. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FHI in?

FEDERATED HERMES, INC. (FHI) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives FHI's revenue?

Per FEDERATED HERMES, INC.'s latest 10-Q filed with the SEC on 2026-07-31, the biggest revenue drivers are: Investment Advisory ($337.7M); Administrative Services ($110.1M); Distribution ($39.0M). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/FHI.

What are FHI's largest expenses?

FEDERATED HERMES, INC.'s latest 10-Q reports these as the largest expense items: Compensation and Related ($161.5M, +$16.7M YoY); Distribution ($121.8M, +$22.4M YoY); Systems and Communications ($26.0M). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is FHI research updated on 13F Pro?

FHI's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

FEDERATED HERMES, INC.(FHI)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 1056288 FHI stock profile & AI dashboard →

13F Pro Quality Score

67.5/100

Rank #360 of 2,961 stocksTOP 25%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

55.8/100

Profitability

80.5/100

Balance Sheet

95.3/100

Earnings Quality

27.8/100

Free Cash Flow

71.5/100

Institutional Flow

45.3/100

Revenue Scale

62.5/100

Dilution Risk

44.2/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why FHI Scores 68/100

exact factor attribution · 2026-09-11

FHI's composite is driven by profitability and capital efficiency, held back by earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+6.1 pts

81th pct

Capital efficiency

+6.0 pts

95th pct

Free cash flow

+3.2 pts

72th pct

Scale

+2.5 pts

63th pct

Earnings growth

+2.0 pts

80th pct

Revenue growth

+1.6 pts

56th pct

Institutional flow

-0.3 pts

45th pct

Shareholder dilution

-0.4 pts

44th pct

Earnings quality

-2.2 pts

28th pct

Latest change (2026-08-02): 71 → 64 · ↓ Institutional flow 90→10; ↓ Free cash flow 60→48

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FHI Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for FEDERATED HERMES, INC. (FHI), a Financials sector company. 13F Pro's AI-powered ranking engine scores FHI at 67.5/100 on a 32-signal composite quality model, placing it at rank #360 of 2,961 stocks — the top 25% of the AI-ranked universe. FHI scores in the top quartile across balance sheet strength (95.3), profitability (80.5). Areas of concern include earnings quality (27.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 44.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), FEDERATED HERMES, INC. reports quarterly revenue of $502.8M, net income of $104.3M, an operating margin of 26.4%. Top institutional holders of FHI by reported 13-F value include BlackRock, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. FHI trades on the NYSE exchange and files with the SEC under CIK 1056288. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FHI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FEDERATED HERMES, INC. directly from SEC EDGAR. FEDERATED HERMES, INC.'s 13F Pro composite quality score has ranged between 53 and 76 since 2021, currently 67.5 — a declining long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about FEDERATED HERMES, INC.

Quirks, history, and lore behind FHI — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · mid-cap · listed on the NYSE · headquartered in Pittsburgh, Pennsylvania.
2
The Numbers
Manages roughly $700–800 billion in assets under management, putting it firmly in the upper tier of independent investment managers — not a household name, but a heavyweight in the industry.
3
The History
Founded in 1955 in Pittsburgh, it grew from a modest local fund shop into one of America's larger publicly traded asset managers, surviving decades of market cycles without being swallowed by a big bank.
4
The Secret
It completed a high-profile ESG-focused merger with a London-based stewardship firm, making responsible investing and shareholder engagement a core part of its identity — not just a marketing line.
5
The Lore
The London partner it absorbed was founded in 1983 by Alistair Hermes and became legendary for pressing corporations on governance and sustainability long before it was fashionable.
6
The Giveaway
When a Pittsburgh mutual-fund stalwart merged its name with a British ESG pioneer, you got a ticker — FHI — and a mouthful of a company name that sounds like two law firms that took a wrong turn into finance.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving FHI's Business? Latest 10-Q Breakdown

✓ 34/34 datapoints verified

AI-extracted from FEDERATED HERMES, INC.'s 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Total revenue rose to $502.8M in Q2 2026 from $424.8M a year earlier, driven by a $33.5M increase in equity revenue, a $26.2M increase in money market revenue and $13.9M from the FCP acquisition.

Biggest Revenue Drivers

Investment Advisory$337.7M

Advisory fees rose with average managed assets of $910.0 billion, up 9% year over year

Administrative Services$110.1M

Fees are generally calculated as a percentage of average net assets of managed portfolios

Biggest Revenue Drivers

Total revenue: $502.8M

Investment Advisory$337.7M

Advisory fees rose with average managed assets of $910.0 billion, up 9% year over year

Within Investment Advisory

Performance fees, including carried interest$1.4M

Recorded at a point in time within the investment advisory performance obligation

Administrative Services$110.1M

Fees are generally calculated as a percentage of average net assets of managed portfolios

Distribution$39.0M

Shareholder and distribution servicing fees tied to average fund assets

Other$15.9M

Includes stewardship, real estate development and renewable energy project development services

Largest Expense Items

Compensation and Related$161.5M+$16.7M YoY

FCP-acquisition-related compensation ($6.5M) and a $5.0M increase in regular compensation, including FCP compensation

Distribution$121.8M+$22.4M YoY

Primarily due to higher average money market fund assets

Systems and Communications$26.0M

Ongoing technology and communications costs

Professional Service Fees$25.6M+$7.0M YoY

Primarily fees of $4.7M incurred as a result of the FCP acquisition

Margins: Operating income rose to $132.9M from $117.1M as revenue growth of $77.9M outpaced the $62.1M increase in operating expenses; the six-month ratio of revenue to average managed assets improved to 0.21% from 0.20% on higher equity assets and money market asset mix.

Watch Items from the Filing

Money market assets generated 50% of revenue in the quarter (53% a year ago), with Government Obligations Fund at 16% and Prime Cash Obligations Fund at 10%.
Approximately 10% of total revenue came from one intermediary, Edward Jones, up from 9% a year earlier.
Fee Waivers totaled $110.2M in the quarter, of which $82.1M related to money market funds, versus $105.7M and $78.2M a year ago.
Aberdeen City Council litigation seeks approximately £87 million (about $115 million) of alleged diminished value in the Ventus Portfolio, plus direct claims of about $44 million.
FCP acquisition added $231.7M of goodwill and $102.8M of intangibles, with up to $82.0M of contingent consideration; long-term equity separate account net redemptions were $2.8 billion in the quarter.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$502.8M

Net Income

Q2 2026

$104.3M

Free Cash Flow

Q2 2026

$79.7M

Operating Margin

Q2 2026

26.4%

ROIC

Q2 2026

33.2%

D/E Ratio

Q2 2026

0.28

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+10.3% YoY

$1.80BFY 2025

FY22 $1.45BFY23 $1.61BFY24 $1.63BFY25 $1.80B

Net Income

+50.3% YoY

$403.3MFY 2025

FY22 $239.5MFY23 $299.0MFY24 $268.3MFY25 $403.3M

Operating Income

+42.2% YoY

$513.9MFY 2025

FY22 $336.8MFY23 $387.5MFY24 $361.5MFY25 $513.9M

EPS (Diluted)

+58.8% YoY

$5.13FY 2025

FY22 $2.65FY23 $3.40FY24 $3.23FY25 $5.13

Total Assets

+6.9% YoY

$2.23BFY 2025

FY22 $2.02BFY23 $2.10BFY24 $2.08BFY25 $2.23B

Total Debt

+0.1% YoY

$348.4MFY 2025

FY22 $347.6MFY23 $347.8MFY24 $348.1MFY25 $348.4M

Op. Cash Flow

-14.2% YoY

$297.3MFY 2025

FY22 $323.9MFY23 $311.8MFY24 $346.6MFY25 $297.3M

Free Cash Flow

-14.0% YoY

$294.6MFY 2025

FY22 $319.6MFY23 $303.9MFY24 $342.5MFY25 $294.6M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.80B +10.3%	$1.63B +1.4%	$1.61B +11.3%	$1.45B +11.2%	$1.30B -10.2%	$1.45B
Net Income	$403.3M +50.3%	$268.3M -10.3%	$299.0M +24.8%	$239.5M -11.4%	$270.3M -17.2%	$326.4M
Operating Income	$513.9M +42.2%	$361.5M -6.7%	$387.5M +15.1%	$336.8M -8.0%	$366.3M -12.4%	$418.2M
EPS (Diluted)	$5.13 +58.8%	$3.23 -5.0%	$3.40 +28.3%	$2.65 -3.6%	$2.75 -14.9%	$3.23
Total Assets	$2.23B +6.9%	$2.08B -0.8%	$2.10B +4.0%	$2.02B +0.1%	$2.02B -2.1%	$2.06B
Total Debt	$348.4M +0.1%	$348.1M +0.1%	$347.8M +0.1%	$347.6M +55.6%	$223.3M	—
Operating Cash Flow	$297.3M -14.2%	$346.6M +11.1%	$311.8M -3.7%	$323.9M +90.1%	$170.4M -54.4%	$373.2M
Free Cash Flow	$294.6M -14.0%	$342.5M +12.7%	$303.9M -4.9%	$319.6M +99.8%	$160.0M -55.5%	$359.7M

Get alerted when FHI's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for FEDERATED HERMES, INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FHI

BlackRock, Inc.
$333.7M6,043,914 sh
FMR LLC
$257.5M4,663,900 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$242.8M4,397,255 sh
Schneider Downs Wealth Management Advisors, LP
$196.1M3,551,578 sh
VANGUARD CAPITAL MANAGEMENT LLC
$176.4M3,194,537 sh
LSV ASSET MANAGEMENT
$158.3M2,867,028 sh
FULLER & THALER ASSET MANAGEMENT, INC.
$147.4M2,670,077 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$146.2M2,646,942 sh
Invesco Ltd.
$139.3M2,523,070 sh
AQR CAPITAL MANAGEMENT LLC
$135.9M2,460,945 sh

Fund	Value	Shares
BlackRock, Inc.	$333.7M	6,043,914
FMR LLC	$257.5M	4,663,900
VANGUARD PORTFOLIO MANAGEMENT LLC	$242.8M	4,397,255
Schneider Downs Wealth Management Advisors, LP	$196.1M	3,551,578
VANGUARD CAPITAL MANAGEMENT LLC	$176.4M	3,194,537
LSV ASSET MANAGEMENT	$158.3M	2,867,028
FULLER & THALER ASSET MANAGEMENT, INC.	$147.4M	2,670,077
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$146.2M	2,646,942
Invesco Ltd.	$139.3M	2,523,070
AQR CAPITAL MANAGEMENT LLC	$135.9M	2,460,945

Companies Similar to FHI

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

SEIC

SEI INVESTMENTS CO

AI score

Similar quality profile · 21 shared holders

ROYCE & ASSOCIATES LP Brandywine Global Investment Management, LLC Interval Partners, LP

APAM

Artisan Partners Asset Management Inc.

AI score

Similar quality profile · 12 shared holders

ROYCE & ASSOCIATES LP SPROTT INC.Brandywine Global Investment Management, LLC

JHG

Janus Henderson Group Ltd.

AI score

Similar quality profile · 13 shared holders

SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC GAMCO INVESTORS, INC. ET AL Ruffer LLP

Hamilton Insurance Group, Ltd.

AI score

Similar quality profile · 10 shared holders

Brandywine Global Investment Management, LLC JACOBS LEVY EQUITY MANAGEMENT, INC Kendall Capital Management

PRI

Primerica, Inc.

AI score

Similar quality profile · 15 shared holders

FULLER & THALER ASSET MANAGEMENT, INC.SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC BI Asset Management Fondsmaeglerselskab A/S

MCY

MERCURY GENERAL CORP

AI score

Similar quality profile · 15 shared holders

LSV ASSET MANAGEMENT ROYCE & ASSOCIATES LP JACOBS LEVY EQUITY MANAGEMENT, INC

VCTR

Victory Capital Holdings, Inc.

AI score

Similar quality profile · 13 shared holders

LSV ASSET MANAGEMENT FULLER & THALER ASSET MANAGEMENT, INC.ROYCE & ASSOCIATES LP

CBOE

Cboe Global Markets, Inc.

AI score

Similar quality profile · 10 shared holders

Clark Capital Management Group, Inc.BI Asset Management Fondsmaeglerselskab A/S BURNEY CO/

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AAC

Ares Acquisition Corp III

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put FHI on your watchlist

Track score changes the day FEDERATED HERMES, INC. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is FHI a good stock to buy?

13F Pro's AI-powered analysis of FEDERATED HERMES, INC. (FHI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FHI are available on the FHI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FHI is classified as a mid company.

Which hedge funds own FHI?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FHI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of FEDERATED HERMES, INC.'s investment landscape.