FHI Federated Hermes, Inc. Common Stock
NYSE · Financial Services · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 31, 2026
$56.07
· of 52w range
· above low
· to high
$46.6652w low
$67.2052w high
P/E (TTM)
10.4
EPS (TTM)
$5.37
Revenue (TTM)
$1.93B
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52W Range
$47–$67
Analyst Rating
HOLD
Price Target
$61
P/E
10.4
ROE
34.8%
Net Profit Margin
21.3%
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FHI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$56.07
P/E (TTM)
10.4
EPS (TTM)
$5.37
Revenue (TTM)
$1.93B
ROE (TTM)
34.8%
52W Range
$47–$67
FHI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| July 18, 2000 | 3-for-2 | Forward |
About Federated Hermes, Inc. Common Stock Company overview from Wikipedia
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.
## History
Federated Investors was founded in 1955 by high school classmates John F. Donahue, Richard B. Fisher, and Thomas J. Donnelly.
Aetna acquired a majority ownership stake in Federated Investors in 1982; at the time Federated had nearly $30 billion in assets under management. In 1989, Federated management purchased Aetna's stake for $345 million, reestablishing majority control of the company. In 1996, Federated management paid $100 million to acquire the remaining 25% stock ownership still held by Aetna. Federated completed an initial public offering on the NYSE on May 14, 1998.
In 1991, Federated established Federated International Management Limited, a wholly owned subsidiary in Dublin, Ireland, becoming the first U.S. company whose registered money market funds were approved for distribution to the European community. In 1998, Federated launched a venture with insurer LVM-Versicherungen Münster to offer Federated funds in Germany.
In April 2012, Federated Investors, Inc. completed its acquisition of Prime Rate Capital Management LLP (PRCM), a London, United Kingdom-based provider of institutional liquidity and fixed income products, from Matrix Group Limited. Federated Prime Rate Capital Management's AAA-rated liquidity funds, known as Qualifying Money Market Funds, serve the corporate and institutional market. The funds, totaling approximately US$4.0 billion (GBP 2.5 billion) in assets, are rated AAA by both Standard & Poor's and Fitch Ratings.
In September 2019, Federated Investors announced that it had bought around $4.4 billion in assets from Fifth Third Asset Management Inc.
In July 2018, Federated Investors, Inc., completed its acquisition of a 60 percent interest in Hermes Fund Managers Limited (Hermes), which operated as Hermes Investment Management, a pioneer of integrated ESG investing, from BT Pension Scheme (BTPS). Hermes had recently acquired MEPC plc.
In February 2020, Federated Investors, Inc. changed its name to Federated Hermes, Inc. and unveiled an updated corporate identity focused on a commitment to responsible investing to achieve financial performance. The company also changed its New York Stock Exchange (NYSE) ticker symbol from FII to FHI, with the firm's common stock trading under the FHI ticker symbol for the first time on Feb. 3, 2020.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorFinancial Services
industryFinancial Services
employees2,091
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$1.80B2016-12-31 → 2025-12-31
EPS$5.132018-12-31 → 2025-12-31
Free Cash Flow$295M2016-12-31 → 2025-12-31
Net margin21.3%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | FHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 10.45Y avg ≈12.0 | ≈12.0 | 19.4 | Undervalued | |
| PEG Ratio | ≈1.1 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | FHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 27.1%5Y avg ≈25.2% | ≈25.2% | · | · | |
| EBITDA Margin | 28.5%5Y avg ≈25.2% | ≈25.2% | 30.6% | Weak | |
| Pretax Margin (TTM) | 28.7%5Y avg ≈25.9% | ≈25.9% | 42.8% | Weak | |
| Net Profit Margin (TTM) | 21.3%5Y avg ≈19.0% | ≈19.0% | 28.1% | Weak | |
| ROA (TTM) | 18.4%5Y avg ≈14.2% | ≈14.2% | 9.1% | Top tier | |
| ROE (TTM) | 34.8%5Y avg ≈26.7% | ≈26.7% | 13.8% | Top tier | |
| ROIC | 32.5%5Y avg ≈25.9% | ≈25.9% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | FHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 2.65Y avg ≈2.5 | ≈2.5 | · | · | |
| Quick Ratio | 1.95Y avg ≈1.5 | ≈1.5 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | FHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 10.3%5Y avg ≈4.8% | ≈4.8% | · | · | |
| Revenue CAGR 3Y | 7.6%5Y avg ≈6.3% | ≈6.3% | · | · | |
| Revenue CAGR 5Y | 4.5% | · | · | · | |
| EPS YoY | 58.8%5Y avg ≈12.7% | ≈12.7% | · | · | |
| Net Income YoY | 50.3%5Y avg ≈7.3% | ≈7.3% | · | · | |
| EPS CAGR 3Y | 24.6%5Y avg ≈10.6% | ≈10.6% | · | · | |
| EPS CAGR 5Y | 9.7% | · | · | · | |
| Net Income CAGR 3Y | 19.0%5Y avg ≈5.3% | ≈5.3% | · | · | |
| Net Income CAGR 5Y | 4.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | FHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.85Y avg ≈0.7 | ≈0.7 | 0.5 | Top tier | |
| Revenue / Employee | ≈$861.1K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Payout Ratio26.0%
Annualized Payout≈$1.52
5Y Div CAGR≈4.7%
Growth Streak≈3
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 7, 2026 | $0.38 | USD | ≈2.3% |
| May 8, 2026 | $0.38 | USD | ≈2.5% |
| Feb 6, 2026 | $0.34 | USD | ≈2.6% |
| Nov 7, 2025 | $0.34 | USD | ≈2.7% |
| Aug 8, 2025 | $0.34 | USD | ≈2.5% |
| May 8, 2025 | $0.34 | USD | ≈3.0% |
| Feb 7, 2025 | $0.31 | USD | ≈5.8% |
| Nov 8, 2024 | $0.31 | USD | ≈5.4% |
| Aug 8, 2024 | $0.31 | USD | ≈6.6% |
| May 7, 2024 | $1.31 | USD | ≈6.7% |
| Feb 7, 2024 | $0.28 | USD | ≈3.2% |
| Nov 7, 2023 | $0.28 | USD | ≈3.4% |
| Aug 7, 2023 | $0.28 | USD | ≈3.3% |
| May 5, 2023 | $0.28 | USD | ≈2.8% |
| Feb 7, 2023 | $0.27 | USD | ≈2.7% |
| Nov 7, 2022 | $0.27 | USD | ≈3.0% |
| Aug 5, 2022 | $0.27 | USD | ≈3.2% |
| May 5, 2022 | $0.27 | USD | ≈3.7% |
| Feb 7, 2022 | $0.27 | USD | ≈3.3% |
| Nov 5, 2021 | $0.27 | USD | ≈3.1% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
17.2%
Next Report
Oct 28, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 29, 2026 | $1.38 | $1.19 | 15.8% |
| March 31, 2026 | $1.27 | $1.19 | 6.3% | |
| Dec. 31, 2025 | $1.39 | $1.19 | 16.4% | |
| Sept. 30, 2025 | $1.34 | $1.13 | 18.1% | |
| June 30, 2025 | $1.16 | $1.03 | 12.2% | |
| March 31, 2025 | $1.25 | $0.93 | 34.8% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.80B | $1.63B | $1.61B | $1.45B | $1.30B | $1.45B | $1.33B | $1.14B | $1.10B | $1.14B | $927M | $859M | |
| Operating Expenses | $1.29B | $1.27B | $1.22B | $1.11B | $934M | $1.03B | $979M | $805M | $761M | $808M | $647M | $621M | |
| Operating Income | $514M | $361M | $388M | $337M | $366M | $418M | $348M | $330M | $342M | $336M | $279M | $238M | |
| Other Non-op | $-36.0K | $139.0K | $562.0K | $222.0K | $-900.0K | $8M | $13M | $-30M | $-42.0K | $60.0K | $-33.0K | $-29.0K | |
| Pretax Income | $548M | $382M | $411M | $306M | $376M | $446M | $365M | $296M | $352M | $341M | $275M | $239M | |
| Income Tax | $133M | $113M | $107M | $72M | $104M | $110M | $88M | $74M | $57M | $119M | $103M | $90M | |
| Net Income | $403M | $268M | $299M | $239M | $270M | $326M | $272M | $220M | $291M | $209M | $170M | $149M | |
| EPS (Basic) | $5.13 | $3.23 | $3.40 | $2.65 | $2.77 | $3.25 | $2.69 | $2.18 | · | · | · | · | |
| EPS (Diluted) | $5.13 | $3.23 | $3.40 | $2.65 | $2.75 | $3.23 | $2.69 | $2.18 | · | · | · | · | |
| Shares (Basic) | 75,101,000 | 79,426,000 | 83,858,000 | 85,762,000 | 93,754,000 | 96,503,000 | 97,259,000 | 96,949,000 | 97,411,000 | 99,116,000 | 100,475,000 | 100,721,000 | |
| Shares (Diluted) | 75,103,000 | 79,430,000 | 83,863,000 | 85,766,000 | 93,771,000 | 96,503,000 | 97,259,000 | 96,949,000 | 97,412,000 | 99,117,000 | 100,477,000 | 100,723,000 | |
| EBITDA | $514M | $361M | $388M | $337M | $366M | $418M | $348M | $330M | $342M | $345M | $279M | $238M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $583M | $504M | $383M | $337M | $233M | $302M | $249M | $157M | $316M | $105M | $173M | $115M | |
| Short-term Investments | · | · | · | · | · | · | · | · | · | $131M | $142M | $143M | |
| Receivables | · | · | · | $58M | $65M | $65M | $64M | $60M | $26M | $45M | $34M | $28M | |
| Prepaid Expense | $37M | $29M | $30M | $27M | $29M | $22M | $17M | $17M | $12M | $10M | $11M | $13M | |
| Other Current Assets | $13M | $5M | $6M | $8M | $7M | $8M | $2M | $2M | $3M | $4M | $5M | $4M | |
| Current Assets | $864M | $781M | $721M | $651M | $559M | $575M | $461M | $304M | $437M | $360M | $396M | $342M | |
| PP&E (Net) | $25M | $26M | $31M | $36M | $47M | $53M | $52M | $53M | $38M | $39M | $36M | $39M | |
| PP&E (Gross) | $112M | $144M | $151M | $155M | $161M | $159M | $146M | $143M | $108M | $103M | $92M | $96M | |
| Accum. Depreciation | $87M | $118M | $120M | $120M | $114M | $106M | $95M | $90M | $71M | $64M | $56M | $57M | |
| Goodwill | $852M | $805M | $807M | $800M | $799M | $800M | $775M | $810M | $660M | $659M | $659M | $659M | |
| Intangibles | $332M | $328M | $409M | $409M | $471M | $482M | $446M | $340M | $77M | · | $3M | $4M | |
| Other Non-current Assets | $61M | $40M | $35M | $31M | $33M | $29M | $46M | $37M | $20M | $23M | $21M | $26M | |
| Total Assets | $2.23B | $2.08B | $2.10B | $2.02B | $2.02B | $2.06B | $1.88B | $1.54B | $1.23B | $1.16B | $1.19B | $1.14B | |
| Accounts Payable | · | · | · | · | · | · | · | · | · | · | $44M | $35M | |
| Current Liabilities | $314M | $289M | $287M | $257M | $271M | $265M | $231M | $181M | $129M | $163M | $159M | $149M | |
| Capital Leases | $88M | $97M | $94M | $87M | $105M | $122M | $108M | · | · | · | · | · | |
| Deferred Tax | $184M | $171M | $186M | $180M | $205M | $188M | $165M | $148M | $118M | $177M | $159M | $141M | |
| Other Non-current Liabilities | $31M | $29M | $32M | $41M | $36M | $37M | $23M | $40M | $24M | $23M | $20M | $20M | |
| Total Liabilities | $966M | $934M | $948M | $913M | $841M | $687M | $627M | $504M | $440M | $528M | $529M | $527M | |
| Long-term Debt | $348M | $348M | $348M | $348M | $223M | · | · | · | · | · | · | · | |
| Paid-in Capital | $0 | $0 | $2.0K | $0 | $0 | $0 | · | · | · | · | · | · | |
| Retained Earnings | $1.53B | $1.26B | $1.19B | $1.02B | $1.19B | $1.03B | $930M | $792M | $697M | $530M | $546M | $505M | |
| Treasury Stock | $873M | $633M | $521M | $365M | $538M | $325M | $281M | $287M | $279M | $255M | $192M | $165M | |
| AOCI | $6M | $-32M | $-20M | $-46M | $16M | $15M | $-249.0K | $-15M | $-790.0K | $523.0K | $5M | $2M | |
| Stockholders' Equity | $1.20B | $1.10B | $1.13B | $1.05B | $1.11B | $1.14B | $1.04B | $857M | $761M | $596M | $649M | $609M | |
| Liabilities + Equity | $2.23B | $2.08B | $2.10B | $2.02B | $2.02B | $2.06B | $1.88B | $1.54B | $1.23B | $1.16B | $1.19B | $1.14B |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | · | $17M | $11M | $10M | $9M | $10M | |
| Stock-based Comp | $29M | $29M | $34M | $35M | $30M | $27M | $25M | $24M | $23M | $22M | $23M | $22M | |
| Deferred Tax | $11M | $-15M | $4M | $-19M | $18M | $18M | $7M | $12M | $-59M | $17M | $19M | $22M | |
| Amort. of Intangibles | $14M | $13M | $14M | $12M | $14M | $14M | $8M | $6M | $600.0K | $1M | $1M | $2M | |
| Other Non-cash | · | · | · | · | · | · | · | · | · | $-6M | · | · | |
| Operating Cash Flow | $297M | $347M | $312M | $324M | $170M | $373M | $335M | $206M | $387M | $266M | $233M | $192M | |
| CapEx | $3M | $4M | $8M | $4M | $10M | $14M | $15M | $17M | $10M | $13M | $6M | $9M | |
| Investing Cash Flow | $2M | $64M | $-31M | $-32M | $11M | $-25M | $-95M | $-174M | $1M | $-21M | $-6M | $-16M | |
| Debt Issued | · | $0 | $0 | $488M | $296M | $100M | · | · | · | · | · | · | |
| Net Debt Issued | · | $0 | $0 | $488M | · | · | · | · | · | · | · | · | |
| Stock Repurchased | $263M | $138M | $177M | $218M | $228M | $67M | $16M | $29M | $49M | $82M | $54M | $27M | |
| Net Stock Activity | $-263M | $-138M | $-177M | $-218M | $-228M | $-67M | $-16M | $-29M | $-49M | $-82M | $-54M | $-27M | |
| Dividends Paid | $105M | $185M | $98M | $98M | $106M | $208M | $109M | $107M | $102M | $205M | $105M | $105M | |
| Financing Cash Flow | $-238M | $-286M | $-243M | $-169M | $-249M | $-295M | $-153M | $-186M | $-177M | $-312M | $-170M | $-165M | |
| Net Change in Cash | $77M | $121M | $46M | $103M | $-71M | $59M | $92M | $-159M | $211M | $-68M | $57M | $11M | |
| Taxes Paid | $125M | $126M | $108M | $86M | $92M | $99M | $73M | $62M | $118M | $105M | $77M | $67M | |
| Free Cash Flow | $295M | $343M | $304M | $320M | $160M | $360M | $320M | $189M | $261M | $240M | $227M | $184M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 28.5% | 22.1% | 24.1% | 23.3% | 28.2% | 28.9% | 26.2% | 29.1% | 31.0% | 29.4% | 30.2% | 27.7% | |
| Net Margin | 22.4% | 16.4% | 18.6% | 16.6% | 20.8% | 22.5% | 20.5% | 19.4% | 26.4% | 18.3% | 18.3% | 17.4% | |
| Pretax Margin | 30.4% | 23.4% | 25.6% | 21.2% | 28.9% | 30.8% | 27.5% | 26.1% | 31.9% | 29.8% | 29.7% | 27.9% | |
| EBITDA Margin | 28.5% | 22.1% | 24.1% | 23.3% | 28.2% | 28.9% | 26.2% | 29.1% | 31.0% | 30.2% | 30.2% | 27.7% | |
| ROA | 18.7% | 12.8% | 14.5% | 11.9% | 13.2% | 16.6% | 15.9% | 15.9% | 24.4% | 17.8% | 14.6% | 13.1% | |
| ROE | 34.9% | 24.6% | 26.8% | 23.8% | 23.3% | 28.5% | 28.1% | 26.6% | 41.2% | 33.6% | 27.0% | 25.4% | |
| ROIC | 32.5% | 23.2% | 25.4% | 24.7% | 23.8% | 27.7% | 25.4% | 28.9% | 37.6% | 36.7% | 27.0% | 24.4% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.7 | 2.7 | 2.5 | 2.5 | 2.1 | 2.2 | 2.0 | 1.7 | 3.4 | 2.2 | 2.5 | 2.3 | |
| Quick Ratio | 1.9 | 1.7 | 1.3 | 1.5 | 1.1 | 1.4 | 1.4 | 1.2 | 2.9 | 1.7 | 2.2 | 1.9 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.7 | 0.8 | 0.8 | 0.9 | 1.0 | 0.8 | 0.8 | |
| Receivables Turnover | · | · | · | 23.4 | 20.0 | 22.4 | 21.3 | 26.4 | 22.4 | 29.2 | 30.1 | 30.0 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $23.98 | $20.55 | $19.19 | $16.86 | $13.89 | · | $13.64 | $11.71 | $11.32 | $11.54 | $9.22 | $8.53 | |
| Cash Flow / Share | $3.96 | $4.36 | $3.72 | $3.78 | $1.82 | · | $3.44 | $2.13 | $2.78 | $2.55 | $2.32 | $1.91 | |
| Dividend / Share | $1.33 | $2.21 | $1.11 | $1.08 | $1.08 | $2.08 | $1.08 | $1.06 | $1.00 | $2.00 | $1.00 | $1.00 | |
| Dividend Paid / Share | · | · | · | · | · | · | · | · | · | · | $1.00 | $1.00 | |
| EPS (TTM) | $5.13 | $3.23 | $3.40 | $2.65 | $2.75 | $3.23 | $2.69 | $2.18 | · | · | · | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 10.3% | 1.4% | 11.3% | 11.2% | -10.2% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 7.6% | 7.9% | 3.6% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.5% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 58.8% | -5.0% | 28.3% | -3.6% | -14.9% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 24.6% | 5.5% | 1.7% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 9.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 50.3% | -10.3% | 24.8% | -11.4% | -17.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 19.0% | -0.24% | -2.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 4.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | -12.8% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.80B | $1.63B | $1.61B | $1.45B | $1.30B | $1.45B | $1.33B | $1.14B | $1.10B | $1.14B | $927M | $859M | |
| Net Income TTM | $403M | $268M | $299M | $239M | $270M | $326M | $272M | $220M | $291M | $209M | $170M | $149M | |
| P/E | 10.2 | 12.7 | 10.0 | 13.7 | 13.7 | 8.9 | 12.1 | 12.2 | · | · | · | · | |
| Earnings Yield | 9.8% | 7.9% | 10.0% | 7.3% | 7.3% | 11.2% | 8.2% | 8.2% | · | · | · | · | |
| Payout Ratio | 26.0% | 68.9% | 32.8% | 40.9% | 39.1% | 63.7% | 40.1% | 48.5% | 34.8% | 98.4% | 61.6% | 70.2% | |
| Annual Payout | $105M | $185M | $98M | $98M | $106M | $208M | $109M | $107M | $102M | $205M | $105M | $105M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $503M | $479M | $483M | $469M | $425M | $424M | $425M | $408M | $403M | $396M | $391M | $403M | $433M | $382M | $374M | $381M | |
| Operating Expenses | $370M | $353M | $347M | $340M | $308M | $292M | $314M | $297M | $362M | $298M | $289M | $301M | $335M | $297M | $310M | $284M | |
| Operating Income | $133M | $126M | $136M | $129M | $117M | $132M | $110M | $112M | $41M | $99M | $103M | $101M | $98M | $85M | $64M | $97M | |
| Other Non-op | $-22.0K | $-30.0K | $74.0K | $-48.0K | $-35.0K | $-27.0K | $54.0K | $16.0K | $-34.0K | $103.0K | $463.0K | $-8.0K | $-15.0K | $122.0K | $190.0K | $-38.0K | |
| Pretax Income | $144M | $130M | $140M | $140M | $131M | $136M | $112M | $123M | $43M | $104M | $117M | $101M | $101M | $92M | $75M | $89M | |
| Income Tax | $37M | $34M | $33M | $34M | $34M | $32M | $28M | $32M | $23M | $29M | $31M | $27M | $28M | $21M | $14M | $22M | |
| Net Income | $104M | $96M | $107M | $104M | $91M | $101M | $85M | $88M | $21M | $75M | $82M | $75M | $72M | $70M | $56M | $69M | |
| EPS (Basic) | $1.38 | $1.27 | $1.38 | $1.34 | $1.16 | $1.25 | $1.08 | $1.06 | $0.20 | $0.89 | $0.95 | $0.86 | $0.81 | $0.78 | $0.62 | $0.78 | |
| EPS (Diluted) | $1.38 | $1.27 | $1.38 | $1.34 | $1.16 | $1.25 | $1.08 | $1.06 | $0.20 | $0.89 | $0.95 | $0.86 | $0.81 | $0.78 | $0.62 | $0.78 | |
| Shares (Basic) | 71,944,000 | 72,648,000 | · | 74,057,000 | 75,064,000 | 77,541,000 | · | 78,690,000 | 80,026,000 | 80,709,000 | · | 83,710,000 | 84,930,000 | 84,875,000 | · | 84,531,000 | |
| Shares (Diluted) | 71,947,000 | 72,650,000 | · | 74,057,000 | 75,072,000 | 77,542,000 | · | 78,706,000 | 80,026,000 | 80,710,000 | · | 83,710,000 | 84,939,000 | 84,875,000 | · | 84,536,000 | |
| EBITDA | $133M | $126M | · | $129M | $117M | $132M | · | $112M | $41M | $99M | · | $101M | $98M | · | · | $97M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $302M | $514M | $583M | $506M | $371M | $388M | $504M | $375M | $307M | $360M | $383M | $377M | $343M | $324M | $337M | $305M | |
| Receivables | · | · | · | · | · | · | · | · | · | · | · | · | · | $75M | · | $49M | |
| Prepaid Expense | $43M | $37M | $37M | $41M | $35M | $32M | $29M | $34M | $38M | $34M | · | $26M | $29M | $31M | · | $26M | |
| Other Current Assets | $13M | $13M | $13M | $11M | $16M | $2M | $5M | $6M | $6M | $6M | · | $6M | $6M | $7M | · | $41M | |
| Current Assets | $661M | $789M | $864M | $802M | $761M | $679M | $781M | $723M | $613M | $720M | · | $712M | $694M | $636M | · | $630M | |
| PP&E (Net) | $26M | $28M | $25M | $27M | $23M | $24M | $26M | $28M | $32M | $29M | · | $31M | $31M | $33M | · | $38M | |
| PP&E (Gross) | · | · | $112M | · | · | · | $144M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $89M | $87M | $87M | $102M | $124M | $121M | $118M | $122M | $122M | $121M | · | $117M | $120M | $117M | · | $115M | |
| Goodwill | $1.08B | $849M | $852M | $861M | $865M | $809M | $805M | $814M | $806M | $806M | · | $802M | $807M | $803M | · | $775M | |
| Intangibles | $422M | $325M | $332M | $335M | $342M | $330M | $328M | $343M | $336M | $404M | · | $402M | $415M | $411M | · | $407M | |
| Other Non-current Assets | $50M | $64M | $61M | $55M | $59M | $61M | $40M | $40M | $32M | $33M | · | $33M | $31M | $32M | · | $30M | |
| Total Assets | $2.33B | $2.14B | $2.23B | $2.18B | $2.15B | $2.00B | $2.08B | $2.04B | $1.91B | $2.09B | · | $2.08B | $2.06B | $2.00B | · | $1.97B | |
| Current Liabilities | $255M | $241M | $314M | $256M | $226M | $223M | $289M | $263M | $223M | $212M | · | $256M | $234M | $212M | · | $239M | |
| Capital Leases | $83M | $83M | $88M | $94M | $95M | $94M | $97M | $84M | $86M | $90M | · | $96M | $73M | $77M | · | $88M | |
| Deferred Tax | $183M | $184M | $184M | $193M | $172M | $172M | $171M | $176M | $181M | $189M | · | $177M | $180M | $181M | · | $189M | |
| Other Non-current Liabilities | $64M | $24M | $31M | $40M | $33M | $21M | $29M | $29M | $25M | $28M | · | $34M | $32M | $35M | · | $33M | |
| Total Liabilities | $933M | $881M | $966M | $931M | $874M | $859M | $934M | $901M | $864M | $866M | · | $910M | $868M | $853M | · | $947M | |
| Long-term Debt | $348M | $348M | $348M | $348M | $348M | $348M | $348M | $348M | $348M | $348M | · | $348M | $348M | $348M | · | $398M | |
| Paid-in Capital | $8M | · | · | $6.0K | $6.0K | · | · | $0 | $0 | $0 | · | $15.0K | · | · | · | · | |
| Retained Earnings | $1.67B | $1.59B | $1.53B | $1.46B | $1.38B | $1.32B | $1.26B | $1.21B | $1.15B | $1.23B | · | $1.15B | $1.10B | $1.05B | · | $1.00B | |
| Treasury Stock | $974M | $930M | $873M | $807M | $807M | $742M | $633M | $623M | $596M | $548M | · | $473M | $404M | $360M | · | $377M | |
| AOCI | $-2M | $-2M | $6M | $5M | $16M | $-17M | $-32M | $888.0K | $-25M | $-25M | · | $-43M | $-22M | $-36M | · | $-87M | |
| Stockholders' Equity | $1.25B | $1.20B | $1.20B | $1.19B | $1.11B | $1.08B | $1.10B | $1.08B | $1.02B | $1.15B | $1.13B | $1.10B | $1.13B | $1.11B | $1.05B | $971M | |
| Liabilities + Equity | $2.33B | $2.14B | $2.23B | $2.18B | $2.15B | $2.00B | $2.08B | $2.04B | $1.91B | $2.09B | · | $2.08B | $2.06B | $2.00B | · | $1.97B |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $6M | $12M | $6M | $6M | $6M | $11M | $6M | $6M | $6M | $10M | $7M | $7M | $9M | $11M | $7M | $9M | |
| Deferred Tax | $-2M | $1M | $-9M | $21M | $-1M | $531.0K | $-4M | $-7M | $-7M | $3M | $8M | $-3M | $-1M | $-93.0K | $-12M | $-5M | |
| Amort. of Intangibles | $6M | $3M | $3M | $4M | $4M | $3M | $3M | $3M | $3M | $3M | · | · | $3M | $3M | $3M | $3M | |
| Operating Cash Flow | $81M | $29M | $161M | $103M | $19M | $14M | $127M | $117M | $89M | $14M | $130M | $106M | $71M | $5M | $132M | $112M | |
| CapEx | $1M | $5M | $-426.0K | $1M | $786.0K | $972.0K | $505.0K | $-3M | $6M | $569.0K | $2M | $2M | $3M | $739.0K | $278.0K | $1M | |
| Investing Cash Flow | $-216M | $1M | $14M | $5M | $-16M | $-2M | $41M | $-8M | $4M | $28M | $-39M | $1M | $5M | $2M | $-31M | $-1M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | |
| Stock Repurchased | $64M | $65M | $77M | $21.0K | $66M | $120M | $23M | $29M | $46M | $39M | $65M | $64M | $41M | $7M | $7M | $7M | |
| Net Stock Activity | · | $-65M | · | · | · | $-120M | · | · | · | $-39M | · | · | · | · | · | · | |
| Dividends Paid | $29M | $26M | $26M | $26M | $27M | $25M | $25M | $26M | $110M | $24M | $24M | $25M | $25M | $24M | $24M | $24M | |
| Financing Cash Flow | $-77M | $-97M | $-98M | $30M | $-32M | $-138M | $-26M | $-52M | $-145M | $-64M | $-91M | $-68M | $-61M | $-22M | $-79M | $-43M | |
| Net Change in Cash | $-212M | $-70M | $78M | $135M | $-17M | $-120M | $129M | $68M | $-53M | $-23M | $6M | $34M | $19M | $-13M | $33M | $55M | |
| Free Cash Flow | · | $24M | · | · | · | $13M | · | · | · | $13M | · | · | · | · | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 26.4% | 26.4% | · | 27.6% | 27.6% | 31.1% | · | 27.4% | 10.1% | 24.9% | · | 25.2% | 22.7% | · | · | 25.4% | |
| Net Margin | 20.8% | 20.1% | · | 22.2% | 21.4% | 23.9% | · | 21.4% | 5.2% | 18.9% | · | 18.6% | 16.7% | · | · | 18.2% | |
| Pretax Margin | 28.6% | 27.1% | · | 29.9% | 30.8% | 32.1% | · | 30.0% | 10.6% | 26.2% | · | 25.1% | 23.2% | · | · | 23.4% | |
| EBITDA Margin | 26.4% | 26.4% | · | 27.6% | 27.6% | 31.1% | · | 27.4% | 10.1% | 24.9% | · | 25.2% | 22.7% | · | · | 25.4% | |
| ROA | 4.7% | 4.7% | · | 4.9% | 4.5% | 5.0% | · | 4.2% | 1.1% | 3.7% | · | 3.7% | 3.6% | · | · | 3.5% | |
| ROE | 8.8% | 8.5% | · | 9.2% | 8.5% | 9.1% | · | 8.0% | 2.0% | 6.7% | · | 7.2% | 6.9% | 6.4% | · | 6.4% | |
| ROIC | 7.9% | 7.8% | · | 8.2% | 7.8% | 9.3% | · | 7.6% | 1.8% | 6.2% | · | 6.8% | 6.3% | · | · | 7.5% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.6 | 3.3 | · | 3.1 | 3.4 | 3.0 | · | 2.7 | 2.7 | 3.4 | · | 2.8 | 3.0 | · | · | 2.6 | |
| Quick Ratio | 1.2 | 2.1 | · | 2.0 | 1.6 | 1.7 | · | 1.4 | 1.4 | 1.7 | · | 1.5 | 1.5 | · | · | 1.5 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | · | · | 0.2 | |
| Receivables Turnover | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | 6.6 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $6.99 | $6.59 | · | $6.34 | $5.66 | $5.46 | · | $5.19 | $5.03 | $4.91 | · | $4.81 | $5.10 | · | · | $4.52 | |
| Cash Flow / Share | · | $0.40 | · | · | · | $0.18 | · | · | · | $0.17 | · | · | · | · | · | · | |
| Dividend / Share | $0.38 | $0.34 | $0.34 | $0.34 | $0.34 | $0.31 | $0.31 | $0.31 | $1.31 | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 | $0.27 | $0.27 | |
| EPS (TTM) | $5.37 | $5.15 | · | $4.83 | $4.55 | $3.59 | · | $3.10 | $2.90 | $3.51 | · | $3.07 | $2.99 | $2.82 | · | $2.74 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.93B | $1.86B | · | $1.74B | $1.68B | $1.66B | · | $1.60B | $1.59B | $1.62B | · | $1.59B | $1.57B | $1.50B | · | $1.39B | |
| Net Income TTM | $412M | $399M | · | $381M | $364M | $294M | · | $266M | $253M | $304M | · | $273M | $268M | $253M | · | $252M | |
| P/E | 10.3 | 11.0 | · | 10.8 | 9.7 | 11.4 | · | 11.9 | 11.3 | 10.3 | · | 11.0 | 12.0 | 14.2 | · | 12.1 | |
| Earnings Yield | 9.7% | 9.1% | · | 9.3% | 10.3% | 8.8% | · | 8.4% | 8.8% | 9.7% | · | 9.1% | 8.3% | 7.0% | · | 8.3% | |
| Payout Ratio | · | 26.9% | · | · | · | 25.0% | · | · | · | 31.6% | · | · | · | · | · | · | |
| Annual Payout | $107M | $106M | · | $104M | $103M | $186M | · | $184M | $183M | $98M | · | $98M | $98M | $97M | · | $100M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.80B | $1.63B | $1.61B | $1.45B | $1.30B |
| Operating Margin % | 28.5% | 22.1% | 24.1% | 23.3% | 28.2% |
| Net Income | $403M | $268M | $299M | $239M | $270M |
| Diluted EPS | $5.13 | $3.23 | $3.40 | $2.65 | $2.75 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Current Ratio | 2.7 | 2.7 | 2.5 | 2.5 | 2.1 |
| Quick Ratio | 1.9 | 1.7 | 1.3 | 1.5 | 1.1 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $295M | $343M | $304M | $320M | $160M |
Institutional owners (13F) 413 filers · $4.0B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
413
Value held
$4.0B
New positions
42
Exited positions
48
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 42 (-32 vs prior Q) | 48 (+12 vs prior Q) | 126 (-13 vs prior Q) | 138 (+19 vs prior Q) | +3.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $429,345,164 | 8,245,538 | 10.83% | Shares |
| BlackRock, Inc. | $333,744,946 | 6,043,914 | 8.42% | Shares |
| FMR LLC | $257,540,523 | 4,663,900 | 6.50% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $242,816,421 | 4,397,255 | 6.13% | Shares |
| Schneider Downs Wealth Management Advisors, LP | $196,118,138 | 3,551,578 | 4.95% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $176,402,333 | 3,194,537 | 4.45% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $147,441,635 | 2,670,077 | 3.72% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $146,164,137 | 2,646,942 | 3.69% | Shares |
| Invesco Ltd. | $139,323,924 | 2,523,070 | 3.52% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $135,893,406 | 2,460,945 | 3.43% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $125,094,584 | 2,265,174 | 3.16% | Shares |
| STATE STREET CORP | $102,283,399 | 1,852,289 | 2.58% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $93,491,595 | 1,692,774 | 2.36% | Shares |
| Allianz Asset Management GmbH | $84,759,278 | 1,534,938 | 2.14% | Shares |
| FIRST TRUST ADVISORS LP | $66,172,758 | 1,198,348 | 1.67% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $64,838,164 | 1,174,179 | 1.64% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $63,566,172 | 1,151,144 | 1.60% | Shares |
| Woodline Partners LP | $59,112,403 | 1,070,489 | 1.49% | Shares |
| CITADEL ADVISORS LLC | $54,266,075 | 982,725 | 1.37% | Shares |
| GOLDMAN SACHS GROUP INC | $48,547,946 | 879,173 | 1.22% | Shares |
| MORGAN STANLEY | $48,008,670 | 869,406 | 1.21% | Shares |
| Bank of New York Mellon Corp | $34,114,658 | 617,795 | 0.86% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $32,163,055 | 582,453 | 0.81% | Shares |
| ALLIANCEBERNSTEIN L.P. | $30,930,825 | 545,421 | 0.78% | Shares |
| SPROTT INC. | $28,376,730 | 513,885 | 0.72% | Shares |
| Kestra Advisory Services, LLC | $26,084,650 | 472,377 | 0.66% | Shares |
| BANK OF AMERICA CORP /DE/ | $25,435,605 | 460,623 | 0.64% | Shares |
| NORTHERN TRUST CORP | $24,905,601 | 451,025 | 0.63% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $24,763,685 | 448,455 | 0.62% | Shares |
| AMERIPRISE FINANCIAL INC | $24,244,233 | 438,986 | 0.61% | Shares |
| FOUNDATION RESOURCE MANAGEMENT INC | $20,990,084 | 380,117 | 0.53% | Shares |
| HighTower Advisors, LLC | $20,809,209 | 376,842 | 0.53% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $18,183,946 | 329,300 | 0.46% | Shares |
| ROYCE & ASSOCIATES LP | $16,826,583 | 304,719 | 0.42% | Shares |
| UBS Group AG | $16,692,785 | 302,296 | 0.42% | Shares |
| TWO SIGMA ADVISERS, LP | $16,066,615 | 308,558 | 0.41% | Shares |
| ALPS ADVISORS INC | $15,091,350 | 273,295 | 0.38% | Shares |
| JPMORGAN CHASE & CO | $14,622,074 | 255,507 | 0.37% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $13,852,812 | 250,866 | 0.35% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $13,604,551 | 246,370 | 0.34% | Shares |
| AXA Investment Managers S.A. | $13,353,799 | 257,150 | 0.34% | Shares |
| FRANKLIN RESOURCES INC | $11,471,845 | 207,748 | 0.29% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $10,577,888 | 191,559 | 0.27% | Shares |
| AMERICAN CENTURY COMPANIES INC | $9,285,353 | 168,152 | 0.23% | Shares |
| Brandywine Global Investment Management, LLC | $9,244,143 | 177,533 | 0.23% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $9,232,067 | 167,187 | 0.23% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $9,036,753 | 163,650 | 0.23% | Shares |
| Cambria Investment Management, L.P. | $8,955,193 | 162,173 | 0.23% | Shares |
| Interval Partners, LP | $8,798,313 | 159,332 | 0.22% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $8,766,572 | 155,298 | 0.22% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Federated Hermes, Inc., Voting Shares Irrevocable Trust, Thomas R. Donahue, Ann C. Donahue, J. Christopher Donahue ×2 filings | Oct. 28, 2025 | 19.32% | Initial filing | Passive investment | SEC |
| Federated Investors, Inc., Voting Shares Irrevocable Trust, John F. Donahue., Rhodora J. Donahue, J. Christopher Donahue. | Sept. 30, 2004 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 28 insiders · 13 officers · 8 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| DONAHUE J CHRISTOPHER | Chairman, President & CEO | March 5, 2026 A | 479,192 | 0 | 0 | $0 |
| Thomas R Donahue | VP, CFO & Treasurer | May 18, 2026 G | 560,292 | 0 | 1 | $-1,713,000 |
| Arthur L Cherry | President Federated Svcs Comp | Feb. 12, 2004 M | 618,243 | 0 | 0 | $0 |
| Peter J Germain | EVP, CLO & Sec. | Aug. 20, 2026 S | 207,059 | 0 | 5 | $-1,184,132 |
| Stephen Van Meter | VP, Chief Compliance Officer | June 23, 2026 S | 31,207 | 0 | 3 | $-159,463 |
| Paul A Uhlman | Vice President | June 16, 2026 S | 296,821 | 0 | 6 | $-5,462,103 |
| Bryan M Burke | Vice President | May 7, 2026 S | 74,921 | 0 | 1 | $-216,800 |
| Theodore W Zierden III | Vice President | March 5, 2026 A | 160,750 | 0 | 1 | $-178,013 |
| Dolores D Dudiak | Vice President | March 5, 2026 A | 85,540 | 0 | 2 | $-309,022 |
| Richard A Novak | Principal Accounting Officer | March 5, 2026 A | 45,209 | 0 | 3 | $-882,242 |
| John B Fisher | Vice President | Nov. 19, 2025 S | 463,615 | 0 | 1 | $-365,631 |
| Gordon J Ceresino | Vice Chairman | April 8, 2024 G | 34,742 | 0 | 0 | $0 |
| Eugene F Maloney | Executive Vice President | Nov. 2, 2018 S | 25,721 | 0 | 0 | $0 |
| Karen Hanlon | Director | May 1, 2026 A | 6,800 | 0 | 0 | $0 |
| Marie Milie Jones | Director | May 1, 2026 A | 27,950 | 0 | 0 | $0 |
| Joseph C Bartolacci | Director | May 1, 2026 A | 22,450 | 0 | 0 | $0 |
| Michael J Farrell | Director | April 26, 2024 A | 52,050 | 0 | 0 | $0 |
| Saker Anwar Nusseibeh | · | Aug. 4, 2026 S | 144,246 | 0 | 9 | $-2,565,829 |
| John W Mcgonigle | · | June 7, 2017 G | 234,833 | 0 | 0 | $0 |
| Thomas E Territ | · | Aug. 2, 2016 S | 378,847 | 0 | 0 | $0 |
| David M Kelly | · | April 29, 2016 A | 33,300 | 0 | 0 | $0 |
| Brian P Bouda | · | March 6, 2015 A | 31,908 | 0 | 0 | $0 |
| DONAHUE JOHN F | · | Sept. 25, 2014 S | 458,385 | 0 | 0 | $0 |
| Edward G Oconnor | · | April 25, 2013 A | 7,044 | 0 | 0 | $0 |
| Denis Mcauley III | · | March 2, 2012 A | 44,049 | 0 | 0 | $0 |
| James L Murdy | · | Sept. 29, 2010 S | 8,350 | 0 | 0 | $0 |
| James F Getz | · | March 3, 2006 S | 495,231 | 0 | 0 | $0 |
| Keith M Schappert | · | March 4, 2005 A | 52,067 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 53 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PFI · Invesco Exchange-Traded Fund Trust | 2.24% | 22,012 SH | Oct. 1, 2026 | Daily |
| AZTD · Tidal Trust I | 2.10% | 13,244 NS | July 31, 2026 | N-PORT |
| GRPM · Invesco Exchange-Traded Fund Trust | 1.26% | 109,817 SH | Oct. 1, 2026 | Daily |
| XMLV · Invesco Exchange-Traded Fund Trust … | 1.07% | 129,945 SH | Oct. 1, 2026 | Daily |
| SYLD · Cambria ETF Trust | 0.99% | 163,541 NS | July 31, 2026 | N-PORT |
| XMVM · Invesco Exchange-Traded Fund Trust | 0.88% | 77,790 SH | Oct. 1, 2026 | Daily |
| RFG · Invesco Exchange-Traded Fund Trust | 0.79% | 46,424 SH | Oct. 1, 2026 | Daily |
| XMHQ · Invesco Exchange-Traded Fund Trust | 0.70% | 665,024 SH | Oct. 1, 2026 | Daily |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.52% | 49,865 NS | July 31, 2026 | N-PORT |
| ROSC · Lattice Strategies Trust | 0.46% | 4,750 NS | July 31, 2026 | N-PORT |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.40% | 43,516 NS | July 31, 2026 | N-PORT |
| PAMC · Pacer Funds Trust | 0.24% | 2,115 NS | July 31, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.22% | 33,038 NS | July 31, 2026 | N-PORT |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.21% | 71,460 SH | Aug. 19, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.19% | 2,742 NS | July 31, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.18% | 20,586 NS | July 31, 2026 | N-PORT |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.16% | 37,307 NS | July 31, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.16% | 14,974 NS | July 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.15% | 62,907 NS | July 31, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.14% | 10,033 SH | Oct. 1, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.12% | 7,965 NS | July 31, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.11% | 116,853 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.10% | 267,416 NS | July 31, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.09% | 1,063 NS | July 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.08% | 1,049,608 SH | Aug. 19, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.07% | 16,635 SH | Oct. 1, 2026 | Daily |
| ISCG · iShares Trust | 0.06% | 8,802 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.05% | 4,606 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.05% | 830,851 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.05% | 1,654,576 SH | Aug. 19, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.05% | 117,251 SH | Aug. 19, 2026 | Daily |
| FNCL · FIDELITY COVINGTON TRUST | 0.05% | 19,225 NS | July 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.04% | 4,864 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.04% | 15,010 NS | July 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.03% | 637 NS | July 31, 2026 | N-PORT |
| DIVB · iShares Trust | 0.03% | 9,165 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.02% | 182,013 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.02% | 8,597 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.02% | 9,901 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.01% | 22,695 SH | Oct. 1, 2026 | Daily |
| IUSG · iShares Trust | 0.01% | 66,117 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.01% | 23,780 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.01% | 2,289,446 SH | Aug. 19, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.01% | 22,764 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.01% | 101,108 SH | Sept. 11, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.00% | 7,968 NS | July 31, 2026 | N-PORT |
| IJH · iShares Trust | · | 2,539,318 SH | Sept. 11, 2026 | Daily |
| IJK · iShares Trust | · | 420,001 SH | Sept. 11, 2026 | Daily |
| XJH · iShares Trust | · | 9,920 SH | Sept. 8, 2026 | Daily |
| ISCB · iShares Trust | · | 3,478 SH | Sept. 11, 2026 | Daily |
| ISCV · iShares Trust | · | 11,646 SH | Sept. 11, 2026 | Daily |
| SMLF · iShares Trust | · | 93,167 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 4,441 SH | Sept. 1, 2026 | Daily |
FHI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 15 analysts
HOLD
Median target
$62.00
+10.6%
0 0.0%
Strong Buy
1 6.7%
Buy
8 53.3%
Hold
5 33.3%
Sell
1 6.7%
Strong Sell
12-Month Price Target
7 analysts · 2026-09-30Mean target $61.00 +8.8%
Now
Current price $56.07
Low$55.00
Mean$61.00
High$64.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| FHI | · | 10.2 | 10.3% | 22.4% | 34.9% | · |
| MAIN | $5.43B | 15.3 | · | · | 16.8% | · |
| OBDC | $6.21B | 10.0 | · | · | 8.3% | · |
| HLNE | · | · | 6.5% | 32.8% | 30.5% | · |
| OTF | $6.75B | 7.9 | · | · | 9.0% | · |
| CNS | $3.20B | 21.1 | 7.5% | 27.6% | 28.5% | · |
| AAMI | · | 21.3 | 11.5% | 14.2% | · | · |
| AB | · | · | · | · | · | · |
| GBDC | $3.64B | 9.6 | · | · | 9.4% | · |
| HTGC | · | · | · | · | · | · |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
No open signal right now — no card is filled, and that's honest.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Source: SEC 10-Q filed Jul 31, 2026