Federated Hermes (FHI) vs Reaves Utility Income Fund (UTG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Federated Hermes is the larger company by market cap ($4.18 billion vs $3.31 billion), about 1.3 times the size. On valuation, Reaves Utility Income Fund trades at a lower trailing P/E (2.6x vs 10.4x for Federated Hermes). Reaves Utility Income Fund offers the higher dividend yield (6.58% vs 2.50%).
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 | FHI | UTG |
|---|---|---|
| Share price | $55.95 | $36.19 |
| Market cap | $4.18B | $3.31B |
| 1-day change | +0.18% | -1.12% |
| YTD return | +7.45% | — |
| 1-year return | +6.80% | — |
| 5-year return | +69.44% | — |
| P/E ratio (TTM) | 10.42 | 2.59 |
| Forward P/E | 9.60 | — |
| EPS (TTM) | $5.37 | $13.96 |
| Dividend yield | 2.50% | 6.58% |
| Annual dividend | $1.40 | $2.38 |
| Revenue (latest FY) | $1.80B | — |
| Revenue growth (YoY) | +10.33% | — |
| Net income (latest FY) | $403.30M | — |
| Operating margin | 28.54% | — |
| Net margin | 22.40% | — |
| 52-week high | $67.20 | $43.90 |
| 52-week low | $46.66 | $33.53 |
| Distance from 52-week high | -16.74% | -17.56% |
| Analyst consensus | hold | — |
| Avg. price target upside | +7.49% | — |
| Average volume | 604.39K | 311.84K |
| Shares outstanding | 74.65M | 91.43M |
| Employees | 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
- Federated Hermes trades at a higher earnings multiple (10.4x vs 2.6x trailing P/E).
- Reaves Utility Income Fund offers a meaningfully higher dividend yield (6.58% vs 2.50%).
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
About Reaves Utility Income Fund
UTG stock →Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H.
Finance · Investment Managers
FHI vs UTG FAQ
Which is bigger, Federated Hermes or Reaves Utility Income Fund?
Federated Hermes (FHI) is larger, with a market capitalization of $4.18B compared with $3.31B for Reaves Utility Income Fund (UTG).
Which has the lower P/E ratio, FHI or UTG?
UTG has the lower trailing P/E at 2.6, versus 10.4 for FHI. 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, Federated Hermes or Reaves Utility Income Fund?
Reaves Utility Income Fund has the higher yield at 6.58%, compared with 2.50% for Federated Hermes.
Are Federated Hermes and Reaves Utility Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.