Thrivent Financial for Lutherans Has $5.43 Million Stock Holdings in Federated Hermes, Inc. $FHI

20 Dec 2025, 05:16 by Teresa Graham · The Cerbat Gem

Thrivent Financial for Lutherans cut its holdings in shares of Federated Hermes, Inc. (NYSE:FHI – Free Report) by 47.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,528 shares of the company’s stock after selling 111,826 shares during the period. Thrivent Financial for Lutherans owned about 0.16% of Federated Hermes worth $5,430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FHI. AdvisorNet Financial Inc bought a new stake in Federated Hermes in the second quarter valued at approximately $44,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Federated Hermes in the 2nd quarter worth approximately $46,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Federated Hermes in the 2nd quarter valued at $56,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Federated Hermes by 22.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,551 shares of the company’s stock worth $63,000 after buying an additional 287 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Federated Hermes by 76.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,567 shares of the company’s stock worth $69,000 after buying an additional 679 shares during the period. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Federated Hermes

In other news, insider Richard A. Novak sold 1,249 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $47.85, for a total value of $59,764.65. Following the completion of the sale, the insider owned 57,500 shares in the company, valued at $2,751,375. This represents a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Saker Anwar Nusseibeh sold 4,461 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $47.85, for a total transaction of $213,458.85. Following the transaction, the chief executive officer directly owned 161,578 shares in the company, valued at $7,731,507.30. The trade was a 2.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 21,709 shares of company stock valued at $1,049,146. 3.80% of the stock is owned by insiders.

Federated Hermes Stock Down 0.4%

Shares of NYSE FHI opened at $52.71 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.13 and a quick ratio of 2.58. The company has a 50-day moving average price of $50.20 and a 200-day moving average price of $49.47. The stock has a market capitalization of $4.09 billion, a P/E ratio of 11.00, a P/E/G ratio of 0.56 and a beta of 0.76. Federated Hermes, Inc. has a 1 year low of $35.05 and a 1 year high of $54.42.

Federated Hermes (NYSE:FHI – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.23. The business had revenue of $469.45 million for the quarter, compared to analysts’ expectations of $442.67 million. Federated Hermes had a net margin of 21.86% and a return on equity of 33.03%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.06 EPS. On average, equities research analysts forecast that Federated Hermes, Inc. will post 4.04 EPS for the current fiscal year.

Federated Hermes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 7th were issued a dividend of $0.34 per share. The ex-dividend date was Friday, November 7th. This represents a $1.36 annualized dividend and a yield of 2.6%. Federated Hermes’s dividend payout ratio is 28.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FHI shares. Zacks Research cut Federated Hermes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Evercore ISI lifted their price objective on shares of Federated Hermes from $48.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Federated Hermes in a research report on Wednesday, October 8th. Cowen restated a “hold” rating on shares of Federated Hermes in a report on Tuesday, November 4th. Finally, TD Cowen upped their price objective on shares of Federated Hermes from $51.00 to $53.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Federated Hermes presently has an average rating of “Hold” and an average target price of $49.67.

Get Our Latest Stock Analysis on FHI

Federated Hermes Company Profile

(Free Report)

Federated Hermes, Inc is a global investment manager that provides a range of asset management solutions to institutional and individual investors. The company offers active strategies across equity, fixed income, multi-asset, liquidity, and alternative investments. Through its suite of mutual funds, separate accounts and collective investment vehicles, Federated Hermes seeks to deliver performance-driven outcomes aligned with client objectives and risk tolerances.