AllianceBernstein L.P. Units (AB) vs Federated Hermes (FHI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Federated Hermes (FHI) has outperformed AllianceBernstein L.P. Units (AB) over the past year, gaining 7.6% versus a loss of 8.5%. Over five years, FHI leads with a +71.2% price change compared with -33.1% for AB. Federated Hermes is the larger company by market cap ($4.22 billion vs $3.25 billion), about 1.3 times the size.
On valuation, AllianceBernstein L.P. Units trades at a lower forward P/E (9.3x vs 9.7x for Federated Hermes). AllianceBernstein L.P. Units offers the higher dividend yield (9.94% vs 2.48%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AB | FHI |
|---|---|---|
| Share price | $34.90 | $56.52 |
| Market cap | $3.25B | $4.22B |
| 1-day change | -1.13% | +1.02% |
| YTD return | -9.30% | +8.55% |
| 1-year return | -8.47% | +7.58% |
| 5-year return | -33.09% | +71.17% |
| P/E ratio (TTM) | 10.48 | 10.43 |
| Forward P/E | 9.25 | 9.70 |
| EPS (TTM) | $3.33 | $5.42 |
| Dividend yield | 9.94% | 2.48% |
| Annual dividend | $3.47 | $1.40 |
| Revenue (latest FY) | — | $1.80B |
| Revenue growth (YoY) | — | +10.33% |
| Net income (latest FY) | $299.84M | $403.30M |
| Operating margin | — | 28.54% |
| Net margin | — | 22.40% |
| 52-week high | $44.11 | $67.20 |
| 52-week low | $34.58 | $46.66 |
| Distance from 52-week high | -20.88% | -15.89% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +9.71% | +6.40% |
| Average volume | 283.60K | 603.78K |
| Shares outstanding | 93.08M | 74.65M |
| Employees | 4,400 | 2,091 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FHI has outperformed AB by 16.0 percentage points over the past year.
- AllianceBernstein L.P. Units offers a meaningfully higher dividend yield (9.94% vs 2.48%).
About AllianceBernstein L.P. Units
AB stock →AllianceBernstein Holding L.P. is a publicly owned investment manager.
Finance · Investment Managers · 4,400 employees
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
AB vs FHI FAQ
Which is bigger, AllianceBernstein L.P. Units or Federated Hermes?
Federated Hermes (FHI) is larger, with a market capitalization of $4.22B compared with $3.25B for AllianceBernstein L.P. Units (AB).
Which stock has performed better over the past year, AB or FHI?
FHI returned +7.58% over the past 12 months, compared with -8.47% for AB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AB or FHI?
FHI has the lower trailing P/E at 10.4, versus 10.5 for AB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AllianceBernstein L.P. Units or Federated Hermes?
AllianceBernstein L.P. Units has the higher yield at 9.94%, compared with 2.48% for Federated Hermes.
Are AllianceBernstein L.P. Units and Federated Hermes in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.