Schneider Downs Increases Stake in Federated Hermes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 31 2026
0mins
Source: NASDAQ.COM
- Share Increase: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1, with an estimated trade value of $3.56 million, reflecting a strong vote of confidence in the asset manager.
- Asset Management Growth: The quarter-end position value rose by $16.04 million, driven by both the new share purchases and market appreciation, indicating robust performance in the asset management sector.
- Market Position: Federated Hermes reported record assets under management of $907.1 billion, including record highs of $684.7 billion in money market assets and $100.8 billion in equity assets, showcasing a resurgence in higher-fee strategies.
- Financial Performance: The company’s revenue climbed 13% year-over-year to $479 million, with a nearly 12% increase in quarterly dividends and a $66 million stock buyback, underscoring its strong cash flow and commitment to shareholder returns.
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Analyst Views on FHI
Wall Street analysts forecast FHI stock price to fall
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 57.030
Low
51.00
Averages
53.75
High
56.00
Current: 57.030
Low
51.00
Averages
53.75
High
56.00
About FHI
Federated Hermes, Inc. is an investment management company. The Company operates through a single segment, being the investment management business. It sponsors, markets, and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds); and Separate Accounts, which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. In addition, it markets and provides stewardship and real estate development services to various domestic and international companies. The Company provides investment advisory services to approximately 176 Federated Hermes Funds. It markets these funds to institutional customers and banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including, among others, retail investors, corporations, and retirement plans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Schneider Downs Increases Stake in Federated Hermes
- Share Increase: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1, with an estimated trade value of $3.56 million, reflecting a strong vote of confidence in the asset manager.
- Asset Management Growth: The quarter-end position value rose by $16.04 million, driven by both the new share purchases and market appreciation, indicating robust performance in the asset management sector.
- Market Position: Federated Hermes reported record assets under management of $907.1 billion, including record highs of $684.7 billion in money market assets and $100.8 billion in equity assets, showcasing a resurgence in higher-fee strategies.
- Financial Performance: The company’s revenue climbed 13% year-over-year to $479 million, with a nearly 12% increase in quarterly dividends and a $66 million stock buyback, underscoring its strong cash flow and commitment to shareholder returns.
See More
Schneider Downs Increases Stake in Federated Hermes
- Increased Holdings: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1, investing approximately $3.56 million, reflecting confidence in the company and raising its stake to 17% of Federated Hermes.
- Value Growth: The value of Schneider Downs' position in Federated Hermes increased by $16.04 million at quarter-end due to market movements and additional shares, showcasing strong performance in the asset management sector.
- Performance Highlights: Federated Hermes recently reported record assets under management of $907.1 billion, with money market and equity assets reaching $684.7 billion and $100.8 billion respectively, while revenue grew 13% year-over-year to $479 million, indicating resilience and profitability in its business model.
- Investor Confidence: Schneider Downs' increased stake signals optimism about Federated Hermes' long-term prospects, particularly as the company raised its quarterly dividend by nearly 12% and repurchased $66 million in stock, highlighting a resurgence in higher-fee equity strategies.
See More
Schneider Downs Increases Stake in Federated Hermes to $154.70 Million
- Increased Holdings: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1 2026, investing approximately $3.56 million, indicating strong confidence in the company.
- Asset Management Scale: This purchase raised Federated Hermes' stake to 17% of Schneider Downs' total AUM of $154.70 million, reflecting the wealth manager's significant commitment to the asset management firm.
- Market Performance: Federated Hermes' stock price has risen 32% over the past year to $56.06 per share, outperforming the S&P 500's 28% gain, demonstrating its sustained competitive strength in the market.
- Financial Health: Federated Hermes reported record assets under management of $907.1 billion, with revenue climbing 13% year-over-year to $479 million, showcasing robust performance in both high-fee equity strategies and money market funds.
See More
Federated Hermes Releases Fund Data
- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of April 30, 2026, which can be accessed via their website, enhancing transparency and client trust.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, underscoring its leadership in active investment management and further solidifying its market share.
- Diverse Client Base: The firm provides investment solutions to over 11,000 institutions and intermediaries globally, including corporations, government entities, and insurance companies, indicating its service diversity and market influence.
- Global Employee Network: With over 2,000 employees across offices in London, New York, and Boston, Federated Hermes enhances its global operational capacity and market responsiveness.
See More
Federated Hermes Releases Fund Data
- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of April 30, 2026, enhancing investor transparency and trust in its offerings.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, underscoring its leadership position and strong market demand in the global active investment management sector.
- Diverse Client Base: The firm provides investment solutions to over 11,000 institutions and intermediaries, including corporations, government entities, and insurance companies, highlighting its influence and market penetration across a diverse clientele.
- Global Employee Network: With more than 2,000 employees across offices in Pittsburgh, London, New York, and Boston, Federated Hermes demonstrates its extensive reach and resource integration capabilities in the global investment management industry.
See More
Federated Hermes Declares Tax-Free Dividend
- Dividend Announcement: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of May 22, 2026, and a payable date of June 1, 2026, aimed at providing investors with current income exempt from federal income tax, enhancing its investment appeal.
- Tax Benefits: The fund's income is exempt not only from regular federal income tax but also from the federal alternative minimum tax (AMT), making it an ideal choice for investors seeking tax optimization, thereby increasing its market competitiveness.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, demonstrating its leadership in the global investment management sector and attracting trust from over 11,000 institutions and intermediaries.
- Global Business Presence: With offices in London, New York, and Boston, and over 2,000 employees worldwide, Federated Hermes showcases its capability to provide diverse investment solutions globally, further solidifying its market position.
See More
Schneider Downs Increases Stake in Federated Hermes
- Share Increase: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1, with an estimated trade value of $3.56 million, reflecting a strong vote of confidence in the asset manager.
- Asset Management Growth: The quarter-end position value rose by $16.04 million, driven by both the new share purchases and market appreciation, indicating robust performance in the asset management sector.
- Market Position: Federated Hermes reported record assets under management of $907.1 billion, including record highs of $684.7 billion in money market assets and $100.8 billion in equity assets, showcasing a resurgence in higher-fee strategies.
- Financial Performance: The company’s revenue climbed 13% year-over-year to $479 million, with a nearly 12% increase in quarterly dividends and a $66 million stock buyback, underscoring its strong cash flow and commitment to shareholder returns.
See More
Schneider Downs Increases Stake in Federated Hermes
- Increased Holdings: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1, investing approximately $3.56 million, reflecting confidence in the company and raising its stake to 17% of Federated Hermes.
- Value Growth: The value of Schneider Downs' position in Federated Hermes increased by $16.04 million at quarter-end due to market movements and additional shares, showcasing strong performance in the asset management sector.
- Performance Highlights: Federated Hermes recently reported record assets under management of $907.1 billion, with money market and equity assets reaching $684.7 billion and $100.8 billion respectively, while revenue grew 13% year-over-year to $479 million, indicating resilience and profitability in its business model.
- Investor Confidence: Schneider Downs' increased stake signals optimism about Federated Hermes' long-term prospects, particularly as the company raised its quarterly dividend by nearly 12% and repurchased $66 million in stock, highlighting a resurgence in higher-fee equity strategies.
See More
Schneider Downs Increases Stake in Federated Hermes to $154.70 Million
- Increased Holdings: Schneider Downs Wealth Management acquired an additional 65,025 shares of Federated Hermes in Q1 2026, investing approximately $3.56 million, indicating strong confidence in the company.
- Asset Management Scale: This purchase raised Federated Hermes' stake to 17% of Schneider Downs' total AUM of $154.70 million, reflecting the wealth manager's significant commitment to the asset management firm.
- Market Performance: Federated Hermes' stock price has risen 32% over the past year to $56.06 per share, outperforming the S&P 500's 28% gain, demonstrating its sustained competitive strength in the market.
- Financial Health: Federated Hermes reported record assets under management of $907.1 billion, with revenue climbing 13% year-over-year to $479 million, showcasing robust performance in both high-fee equity strategies and money market funds.
See More
Federated Hermes Releases Fund Data
- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of April 30, 2026, which can be accessed via their website, enhancing transparency and client trust.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, underscoring its leadership in active investment management and further solidifying its market share.
- Diverse Client Base: The firm provides investment solutions to over 11,000 institutions and intermediaries globally, including corporations, government entities, and insurance companies, indicating its service diversity and market influence.
- Global Employee Network: With over 2,000 employees across offices in London, New York, and Boston, Federated Hermes enhances its global operational capacity and market responsiveness.
See More
Federated Hermes Releases Fund Data
- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of April 30, 2026, enhancing investor transparency and trust in its offerings.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, underscoring its leadership position and strong market demand in the global active investment management sector.
- Diverse Client Base: The firm provides investment solutions to over 11,000 institutions and intermediaries, including corporations, government entities, and insurance companies, highlighting its influence and market penetration across a diverse clientele.
- Global Employee Network: With more than 2,000 employees across offices in Pittsburgh, London, New York, and Boston, Federated Hermes demonstrates its extensive reach and resource integration capabilities in the global investment management industry.
See More
Federated Hermes Declares Tax-Free Dividend
- Dividend Announcement: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of May 22, 2026, and a payable date of June 1, 2026, aimed at providing investors with current income exempt from federal income tax, enhancing its investment appeal.
- Tax Benefits: The fund's income is exempt not only from regular federal income tax but also from the federal alternative minimum tax (AMT), making it an ideal choice for investors seeking tax optimization, thereby increasing its market competitiveness.
- Asset Management Scale: As of March 31, 2026, Federated Hermes manages $907.1 billion in assets, demonstrating its leadership in the global investment management sector and attracting trust from over 11,000 institutions and intermediaries.
- Global Business Presence: With offices in London, New York, and Boston, and over 2,000 employees worldwide, Federated Hermes showcases its capability to provide diverse investment solutions globally, further solidifying its market position.
See More
