Federated Hermes, Inc.
Federated Hermes, Inc. (NYSE: FHI) is trading at $57.52, about ₹5,526 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.07% today. Indian residents can buy Federated Hermes from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$57.00
Today's high
$57.92
52 week low
$46.66
52 week high
$67.20
FHI opened at $57.55, closed previously at $57.56, and has traded between $46.66 and $67.20 over the past 52 weeks.
About
Federated Hermes, Inc. (FHI) is a publicly listed holding company primarily engaged in asset management. Through its extensive network of subsidiaries, the firm delivers specialized financial services to a wide array of clients. These include high-net-worth individuals, banking and thrift institutions, investment companies, pension and profit-sharing plans, pooled investment vehicles, charitable organizations, state and municipal governmental entities, and registered investment advisors. FHI is responsible for managing a variety of investment products, including client-focused mutual funds across equity, fixed income, balanced, and money market categories, alongside bespoke portfolios in similar asset classes. The company's investment reach extends to public equity and fixed income markets worldwide. Its equity strategies involve investing in growth and value stocks of small, mid, and large-capitalization firms. Within fixed income, FHI allocates capital to ultra-short, short-term, and intermediate-term mortgage-backed securities, U.S. Government debt, corporate bonds, high-yield instruments, and municipal securities. To identify equity opportunities, the firm utilizes a combination of fundamental and quantitative analysis. Federated Hermes, Inc. was founded in 1955 and maintains its principal offices in Pittsburgh, Pennsylvania, complemented by presences in New York City and London, United Kingdom.
Key statistics
Avg. volume
640.99K
Market cap
$4.37B
P/E Ratio
10.57
Price-to-sales ratio
2.25
Enterprise value
$3.78B
Free cash flow yield
7.53%
Debt-to-equity ratio
0.36
Return on equity
33.69%
ROIC
17.67%
Beta
0.63
Dividend yield
2.50%
Last dividend
$1.44
Financial overview
Revenue
$1.81B
Earnings per share
$5.37
Free cash flow
$294.58M
Net profit margin
21.23%
Gross margin
71.57%
EBITDA
$582.52M
Revenue growth
10.96%
Similar securities
This is not an investment recommendation
How to buy Federated Hermes from India
Indian residents can buy Federated Hermes shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Federated Hermes and place an order
Find Federated Hermes by name or by its ticker, FHI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Federated Hermes trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Federated Hermes position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Federated Hermes from India
Trading and taxes when buying Federated Hermes from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Federated Hermes’ current yield is 2.50%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Federated Hermes stock?
Yes. Federated Hermes (FHI) has been listed on the New York Stock Exchange since 1998, in the Asset Management industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Federated Hermes share cost in rupees?
One Federated Hermes share is $57.52 — about ₹5,526 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Federated Hermes price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Federated Hermes from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Federated Hermes?
Yes. One Federated Hermes share is $57.52, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Federated Hermes.
How are gains on Federated Hermes shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Federated Hermes price. Paasa issues a capital-gains statement for your return.
Does Federated Hermes pay a dividend, and how is it taxed in India?
Yes. Federated Hermes pays a dividend and the current yield is 2.50%; the last declared dividend was $1.44 per share, about ₹138.34. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Federated Hermes from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Federated Hermes shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Federated Hermes shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Federated Hermes holding, its cost and its closing value.
How do I sell Federated Hermes and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.