Amazon.com, Inc. $AMZN is Federated Hermes Inc.'s 5th Largest Position

Key Points

• Federated Hermes Inc. has increased its stake in Amazon.com, owning 3,576,374 shares valued at approximately $680 million, making it the firm’s 5th largest holding.
• Amazon.com’s recent earnings report indicated an EPS of $1.68, surpassing estimates, with revenues of $167.70 billion, reflecting a 13.3% year-over-year growth.
• As of now, Amazon's stock has a consensus rating of "Buy" with an average price target set at $262.87 by analysts.

Federated Hermes Inc. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.8% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 3,576,374 shares of the e-commerce giant's stock after buying an additional 227,653 shares during the quarter. Amazon.com comprises approximately 1.5% of Federated Hermes Inc.'s portfolio, making the stock its 5th biggest position. Federated Hermes Inc.'s holdings in Amazon.com were worth $680,441,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. FMR LLC boosted its holdings in Amazon.com by 0.5% in the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amazon.com by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after buying an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after acquiring an additional 4,087,933 shares during the period. Northern Trust Corp grew its holdings in shares of Amazon.com by 14.0% in the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock worth $21,297,564,000 after acquiring an additional 11,926,749 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Amazon.com by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock valued at $14,474,471,000 after acquiring an additional 8,142,030 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Amazon.com stock traded down $2.60 during mid-day trading on Monday, hitting $229.00. The stock had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31. The firm's 50 day moving average is $224.25 and its 200 day moving average is $207.79.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the sale, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 25,095,411 shares of company stock valued at $5,675,473,849. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

AMZN has been the topic of several research reports. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. JMP Securities reiterated a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Truist Financial lifted their price target on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Bank of America boosted their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.