Record AUM and a Q2 beat drive Federated Hermes to raise its dividend
FHI sits 30% above its 52-week low of $46.66.
Summary
Federated Hermes posted Q2 2026 results above analyst forecasts, with record AUM of $911.6 billion and a 19% year-over-year jump in EPS. A dividend hike and ongoing share repurchases accompanied the release.
Key Events · Earnings and Guidance · FHI
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Q2 Earnings Beat
Revenue of $502.78M beat consensus by 3.5%, and EPS of $1.38 grew 19% YoY, driven by higher average equity and money market assets.
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Record Assets Under Management
Total AUM reached a record $911.6B, up 8% YoY, with equity AUM hitting a record $109.6B, up 23% YoY.
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Strategic Acquisition
Acquired a majority interest in U.S. real estate manager FCP Fund Manager, L.P., adding $3.2B in alternative/private markets AUM.
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Shareholder Returns
Repurchased 1.12M shares for $58.9M and declared a $0.38 per share dividend, up from $0.34 last year.
Analysis · FHI · Finance
A strong second quarter saw Federated Hermes top consensus on both revenue and EPS, fueled by record assets under management and a strategic push into private markets. The firm also rewarded shareholders with buybacks and a dividend increase, underscoring management's confidence in the growth outlook.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FHI was trading at $60.51 on NYSE in the Finance sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $46.66 to $61.01. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.