secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001056288-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q3 EPS $1.06, AUM record $800.5B, dividend $0.31
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- EPS $1.06 vs $0.86 YoY; net income $87.5M, up from $75.0M.
- Total AUM record $800.5B, up 12% YoY; money market AUM record $593.0B.
- Board declares $0.31/share dividend payable Nov 15, record Nov 8.
- New share repurchase program authorized for up to 5M shares with no expiration.
- Top-selling funds: MDT Mid Cap Growth, Total Return Bond Fund/TETF.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628824000023/0001056288-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628824000023/fhi-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001056288-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer