Hamilton Lane (NASDAQ:HLNE) Posts Earnings Results, Beats Expectations By $0.06 EPS

Hamilton Lane (NASDAQ:HLNE) announced its quarterly earnings results on Thursday. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.06, FiscalAI reports. The company had revenue of $193.57 million during the quarter, compared to analyst estimates of $203.05 million. Hamilton Lane had a return on equity of 27.82% and a net margin of 30.59%.The firm’s revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.21 earnings per share.

Here are the key takeaways from Hamilton Lane’s conference call:

• Hamilton Lane ended fiscal 2026 with a $1 trillion total asset footprint, up 9% year over year, while AUM rose to $142 billion and AUA increased to $905 billion, reflecting broad growth across the platform.
• Financial performance was strong: management and advisory fees grew 14%, fee-related revenue rose 20%, fee-related earnings increased 25%, and the company reported GAAP EPS of $5.92 and non-GAAP EPS of $5.90.
• The board approved an 11% dividend increase to $2.40 per share annually, marking the ninth straight year of double-digit dividend growth since 2017.
• Evergreen products were a major growth driver, with specialized fund fee-earning AUM up 24% year over year and evergreen AUM above $17.5 billion, while the suite generated more than $1 billion of net inflows in the quarter without any gates.
• New product launches and fundraising momentum remain solid, including the launch of the Credit Income Fund, continued progress on the seventh secondary fund and second venture product, and a new GP-led secondary fund that Hamilton Lane expects to close before year-end.

Hamilton Lane Price Performance

Shares of Hamilton Lane stock opened at $88.59 on Friday. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 15.90 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.27 and a current ratio of 3.27. The stock has a 50 day moving average price of $95.54 and a 200-day moving average price of $117.84. Hamilton Lane has a one year low of $82.68 and a one year high of $179.19.

Hamilton Lane Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 18th will be issued a $0.60 dividend. This is a positive change from Hamilton Lane’s previous quarterly dividend of $0.54. The ex-dividend date is Thursday, June 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.7%. Hamilton Lane’s dividend payout ratio (DPR) is presently 38.78%.

Institutional Trading of Hamilton Lane

A number of institutional investors have recently bought and sold shares of HLNE. Invesco Ltd. boosted its stake in Hamilton Lane by 7.3% during the third quarter. Invesco Ltd. now owns 1,534,836 shares of the company’s stock worth $206,880,000 after buying an additional 104,977 shares during the period. Wasatch Advisors LP lifted its holdings in shares of Hamilton Lane by 2.7% in the 4th quarter. Wasatch Advisors LP now owns 1,512,199 shares of the company’s stock worth $203,103,000 after acquiring an additional 40,180 shares during the last quarter. State Street Corp boosted its stake in shares of Hamilton Lane by 1.4% during the 4th quarter. State Street Corp now owns 1,293,854 shares of the company’s stock worth $174,458,000 after purchasing an additional 18,296 shares during the period. Millennium Management LLC boosted its stake in shares of Hamilton Lane by 418.8% during the 3rd quarter. Millennium Management LLC now owns 1,060,511 shares of the company’s stock worth $142,946,000 after purchasing an additional 856,112 shares during the period. Finally, Janus Henderson Group PLC grew its holdings in Hamilton Lane by 19.5% during the 4th quarter. Janus Henderson Group PLC now owns 801,997 shares of the company’s stock valued at $107,731,000 after purchasing an additional 131,059 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on HLNE. Oppenheimer decreased their price objective on Hamilton Lane from $230.00 to $171.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. JPMorgan Chase & Co. reduced their price target on shares of Hamilton Lane from $166.00 to $148.00 and set an “overweight” rating on the stock in a research report on Monday. BMO Capital Markets decreased their price target on shares of Hamilton Lane from $148.00 to $118.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 24th. UBS Group decreased their price target on shares of Hamilton Lane from $184.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Finally, Morgan Stanley lowered their price objective on shares of Hamilton Lane from $159.00 to $141.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.00.

About Hamilton Lane

Hamilton Lane is a global private markets investment management firm specializing in the full spectrum of private equity and credit strategies. The company partners with institutional investors and wealth managers to design, implement and manage customized portfolios in primary fund investing, secondary market transactions and direct co-investment opportunities. By combining investment selection, portfolio construction and ongoing monitoring, Hamilton Lane seeks to optimize risk-adjusted returns across diverse private markets exposures.

Founded in 1991, Hamilton Lane has developed a track record of investment and advisory services in private markets.