Hamilton Lane（HLNE）株式概要ハミルトン・レーン社は、アーリーベンチャー、エマージング成長、ターンアラウンド、ミドルマーケット、マチュア、ミッドベンチャー、ブリッジ、バイアウト、ディストレスト／ハゲタカ、ローン、メザニン、グロース・キャピタル企業を専門とするプライベート・エクイティおよびベンチャー・キャピタル会社である。 詳細HLNE ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長3/6過去の実績4/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より63%で取引されている 収益は年間19.75%増加すると予測されています 過去5年間の収益は年間15.9%増加しました。 同業他社や業界と比較して、良好な取引価格 リスク分析財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るHLNE Community Fair Values Create NarrativeSee what 33 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN7.5% overvaluedAnalystLowTarget•9d agoEvergreen And Technology Risks Will Challenge Private Markets Expansion Yet Ultimately Support Long-Term Upside2802AN22.0% undervaluedAnalystConsensusTarget•24d agoHLNE: Expansion In Wealth Channel Will Drive Long-Term Asset Growth264015AN42.6% undervaluedAnalystHighTarget•1mo agoEvergreen Platform And Specialized Funds Will Reshape Long Term Private Markets Fee Power2400Top Analyst NarrativesAN7.5% overvaluedAnalystLowTarget•9d agoEvergreen And Technology Risks Will Challenge Private Markets Expansion Yet Ultimately Support Long-Term Upside2802AN22.0% undervaluedAnalystConsensusTarget•24d agoHLNE: Expansion In Wealth Channel Will Drive Long-Term Asset Growth264015AN42.6% undervaluedAnalystHighTarget•1mo agoEvergreen Platform And Specialized Funds Will Reshape Long Term Private Markets Fee Power2400View all narrativesHamilton Lane Incorporated 競合他社Victory Capital HoldingsSymbol: NasdaqGS:VCTRMarket cap: US$6.7bMain Street CapitalSymbol: NYSE:MAINMarket cap: US$5.5bFederated HermesSymbol: NYSE:FHIMarket cap: US$4.5bCohen & SteersSymbol: NYSE:CNSMarket cap: US$4.3b価格と性能株価の高値、安値、推移の概要Hamilton Lane過去の株価現在の株価US$101.0352週高値US$161.1352週安値US$71.88ベータ1.171ヶ月の変化24.59%3ヶ月変化15.97%1年変化-33.77%3年間の変化8.40%5年間の変化11.80%IPOからの変化460.65%最新ニュースNew Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding).Declared Dividend • Aug 07First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 21st September 2026 Payment date: 6th October 2026 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 7.0% over the next year, which should provide support to the dividend and adequate earnings cover.分析記事 • Aug 07Hamilton Lane Incorporated (NASDAQ:HLNE) Beat Earnings, And Analysts Have Been Reviewing Their ForecastsA week ago, Hamilton Lane Incorporated ( NASDAQ:HLNE ) came out with a strong set of first-quarter numbers that could...Reported Earnings • Aug 04First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: US$1.94 (up from US$1.30 in 1Q 2026). Revenue: US$275.3m (up 56% from 1Q 2026). Net income: US$80.5m (up 50% from 1Q 2026). Profit margin: 29% (down from 31% in 1Q 2026). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Aug 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Michael Schmertzler was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.ナラティブ更新 • Jul 31HLNE: Fair Outlook Balances Fundraising Challenges With New Private Markets PartnershipsHamilton Lane's updated analyst price target shifts to $94 from $159, reflecting a broad reset across alternative asset managers as analysts factor in slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent research on Hamilton Lane points to a more cautious mood around the stock, even as many firms maintain positive ratings.最新情報をもっと見るRecent updatesNew Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding).Declared Dividend • Aug 07First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 21st September 2026 Payment date: 6th October 2026 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 7.0% over the next year, which should provide support to the dividend and adequate earnings cover.分析記事 • Aug 07Hamilton Lane Incorporated (NASDAQ:HLNE) Beat Earnings, And Analysts Have Been Reviewing Their ForecastsA week ago, Hamilton Lane Incorporated ( NASDAQ:HLNE ) came out with a strong set of first-quarter numbers that could...Reported Earnings • Aug 04First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: US$1.94 (up from US$1.30 in 1Q 2026). Revenue: US$275.3m (up 56% from 1Q 2026). Net income: US$80.5m (up 50% from 1Q 2026). Profit margin: 29% (down from 31% in 1Q 2026). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Aug 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Michael Schmertzler was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.ナラティブ更新 • Jul 31HLNE: Fair Outlook Balances Fundraising Challenges With New Private Markets PartnershipsHamilton Lane's updated analyst price target shifts to $94 from $159, reflecting a broad reset across alternative asset managers as analysts factor in slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent research on Hamilton Lane points to a more cautious mood around the stock, even as many firms maintain positive ratings.ライブニュース • Jul 31Hamilton Lane Leads $270 Million Continuation Deal for Savant Wealth ManagementHamilton Lane is leading a single asset continuation vehicle that will invest $270 million into Savant Wealth Management, becoming the only new outside investor in the firm. The transaction gives longtime investor Cynosure Partners liquidity for its original partners while it keeps an investment in Savant, and existing minority holders such as Kelso & Company and Savant employees also retain their ownership stakes. Hamilton Lane shares trade at $88.95, with the stock down 34.9% year to date as of the latest close. This deal highlights Hamilton Lane’s ongoing activity in private markets and its focus on wealth management as an investment theme. The use of a continuation vehicle means Hamilton Lane clients gain extended exposure to Savant, while liquidity is created for existing backers. The structure can concentrate risk in a single asset, so outcomes will depend heavily on Savant’s operating performance and the firm’s ability to manage this exposure over time.ライブニュース • Jul 29Revolut Partnership Expands Hamilton Lane Private Market Access for European InvestorsRevolut has started offering private market funds to eligible customers in Europe through partnerships with Apollo, Ares, Hamilton Lane and Partners Group. The funds use evergreen ELTIF 2.0 structures that include periodic liquidity windows and are designed for non-institutional investors. The arrangement broadens Hamilton Lane’s distribution reach into Revolut’s retail client base and puts its private equity, private credit and private infrastructure products in front of individual investors who historically had limited access to this type of exposure. Hamilton Lane shares trade at US$89.52, with the stock down 34.5% year to date. This Revolut partnership gives Hamilton Lane another route to gather assets in Europe and to test demand for structures aimed at smaller ticket investors. The main risk is execution. The company needs products that work smoothly within ELTIF 2.0 rules and that match the liquidity terms Revolut users expect.お知らせ • Jul 24Hamilton Lane Incorporated, Annual General Meeting, Sep 10, 2026Hamilton Lane Incorporated, Annual General Meeting, Sep 10, 2026.ナラティブ更新 • Jul 17HLNE: Fee Strength And Insider Buying Will Support Future Premium P/EAnalysts have nudged their fair value estimate for Hamilton Lane slightly lower, trimming the target by about $6 to $129.57 as they factor in reduced Street price targets along with expectations for somewhat softer revenue growth, partly offset by firmer profit margins and a lower anticipated future P/E multiple. Analyst Commentary Street research on Hamilton Lane reflects a mix of optimism about the business model and caution on the stock's valuation and near term earnings trajectory.お知らせ • Jul 08Hamilton Lane Incorporated to Report Q1, 2027 Results on Aug 04, 2026Hamilton Lane Incorporated announced that they will report Q1, 2027 results at 9:30 AM, US Eastern Standard Time on Aug 04, 2026ライブニュース • Jul 03Hamilton Lane Raises $3.8 Billion for Sixth Direct Equity Fund CloseHamilton Lane closed its sixth Direct Equity fund, Hamilton Lane Equity Opportunities Fund VI, with a total of $3.8b in commitments in and alongside the fund, targeting diversified middle-market buyout exposure through its global Direct Equity platform. The successful raise points to ongoing client interest in Hamilton Lane’s direct equity offering, which is important for future management and performance fee potential tied to this pool of capital. Hamilton Lane’s stock trades at $79.76, with the share price down 41.6% year to date, so this new fund close arrives against a backdrop of a weaker share price. This fund close adds scale to Hamilton Lane’s fee-earning platform and extends its opportunity set in middle-market buyouts, but investors still need to weigh fundraising momentum against execution risk and the timing and size of eventual realizations from these investments.ナラティブ更新 • Jul 03HLNE: Fee Strength And Buybacks Will Support Future RevaluationHamilton Lane's updated analyst price target reflects a shift from $227.22 to $176.00, as analysts factor in adjusted revenue growth expectations, a different P/E outlook, and higher profit margin assumptions, set against a backdrop of mixed but generally supportive recent research commentary. Analyst Commentary Recent Hamilton Lane research has mixed adjustments to price targets, but the tone from several large firms remains constructive.お知らせ • Jun 29+ 8 more updatesHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 1000 Value-Defensive IndexHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 1000 Value-Defensive Indexライブニュース • Jun 25Gridline Adds Hamilton Lane Data to Expand Private Markets Fund BenchmarkingGridline has integrated Hamilton Lane’s private markets data into its AI-powered diligence and benchmarking tool AltComply, giving wealth managers and investment teams the ability to benchmark fund managers against peers and run more data-driven due diligence. The partnership expands Hamilton Lane’s role as a data provider in private markets, extending the reach of its datasets into third-party technology used by allocators that are looking for deeper analytics on private funds. Hamilton Lane shares trade at $76.22, with the stock down 44.2% year to date, so the market backdrop is weak even as the company signs new data and technology partnerships. This integration reinforces Hamilton Lane’s push to commercialize its information set beyond traditional fund management. It can broaden revenue sources tied to data and analytics while also deepening relationships with wealth managers that might allocate capital to its private markets offerings.ナラティブ更新 • Jun 19HLNE: Fee Resilience And Insider Buying Will Support Future Premium P/EThe analyst price target for Hamilton Lane has been trimmed slightly from $136.00 to about $135.57, as analysts factor in a mix of Q4 earnings beats, updated fee and margin expectations, and refreshed valuation assumptions across recent research updates. Analyst Commentary Recent research on Hamilton Lane highlights a mix of optimism around fee-related execution and Q4 earnings, alongside more cautious adjustments to valuation models and price targets.Seeking Alpha • Jun 18Hamilton Lane: The Price Rout Continues As The Dividend Is Hiked 11%Summary Hamilton Lane trades at a deep discount, with shares at 60% of estimated fair value despite robust business performance. HLNE's non-GAAP EPS grew 23.1% year-over-year, and management hiked the dividend by 11%, signaling confidence in ongoing cash flow strength. The stock's forward P/E of 12.8 is well below its 9-year average, with a fair value estimate of $141 per share, implying an 81% potential total return by June 2027. Risks include industry-wide redemption spikes in private credit and reputational threats, but the company's $100 million buyback authorization and strong inflows support the investment thesis. Read the full article on Seeking AlphaRecent Insider Transactions • Jun 16Independent Director recently bought US$1.1m worth of stockOn the 11th of June, David Berkman bought around 15k shares on-market at roughly US$76.27 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$10.0m. Insiders have collectively bought US$16m more in shares than they have sold in the last 12 months.Upcoming Dividend • Jun 11Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 07 July 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.1%).Recent Insider Transactions • Jun 04Executive Co-Chairman recently bought US$10.0m worth of stockOn the 27th of May, Hartley Rogers bought around 111k shares on-market at roughly US$90.08 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Hartley's only on-market trade for the last 12 months.ナラティブ更新 • Jun 03HLNE: Fee Resilience And Evergreen Inflows Will Support Future Premium P/EAnalysts have adjusted their Hamilton Lane price targets in a mixed but generally supportive way, and the updated fair value estimate has edged lower from about $138.14 to $136.00 as slightly softer revenue growth assumptions are balanced by firmer profit margins and a reduced future P/E of roughly 15x, all following Q4 earnings beats and ongoing strength in fee-driven income. Analyst Commentary Recent research on Hamilton Lane reflects a split between analysts who see upside supported by execution and those who are reining in expectations as the stock and sector reset.ライブニュース • May 29Hamilton Lane Beats Earnings Forecast as Specialized Funds and Evergreen Assets Drive GrowthHamilton Lane reported Q1 CY2026 revenue of US$193.6m, a 2.2% year-over-year decline that came in below analyst expectations. Non-GAAP EPS was US$1.49, which was 4.5% above analyst estimates, supported by margin strength and contributions from specialized funds. Assets under management reached US$142b, 2.9% higher year-over-year and 2.1% above forecasts, with positive net inflows across the evergreen platform despite broader industry redemption pressure. The key takeaway is that profitability and asset growth held up even as revenue came in light, with specialized funds and evergreen products acting as important earnings and fee drivers. Investors may want to watch how fee-earning assets trend across fund categories and how ongoing investments in technology and any changes in exit or deal activity influence both margins and overall fee revenue.Board Change • May 26Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Reynoldo Graves was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 26Fourth quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 18th June 2026 Payment date: 7th July 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 23Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on July 7, 2026; Provides Dividend Target for the Full-Year of 2026Hamilton Lane Incorporated has declared a quarterly dividend of $0.60 per share of Class A common stock to record holders at the close of business on June 18, 2026 that will be paid on July 7, 2026. The company target full-year dividend of $2.40 represents a 11% increase from the prior fiscal year dividend.Reported Earnings • May 22Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: US$5.99 (up from US$5.45 in FY 2025). Revenue: US$759.0m (up 6.5% from FY 2025). Net income: US$249.2m (up 15% from FY 2025). Profit margin: 33% (up from 31% in FY 2025). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 9.8%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.ナラティブ更新 • May 16HLNE: Interval Fund Platform And Tokenization Will Support Future Premium P/EHamilton Lane's analyst price target has been revised lower, with several firms cutting their targets by between $18 and $59 as analysts point to updated assumptions on growth, margins and valuation, while still highlighting what some see as an overdone share reaction. Analyst Commentary Recent research shows a split view on Hamilton Lane, with several firms cutting price targets by between US$18 and US$59 while at least one major bank has moved to a more positive stance.お知らせ • Apr 30GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) acquired 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc.GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) acquired 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc. on April 29, 2026. Following completion, PSEI will retain a majority interest in the asset and continue to oversee its operations. GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) completed the acquisition of 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc. on April 29, 2026.ナラティブ更新 • Apr 25HLNE: Tokenized Credit Platform And Interval Funds Will Support Future Premium P/EThe analyst price target for Hamilton Lane has been cut by about $17 to $138, as analysts factor in slightly lower fair value estimates, a modestly higher discount rate, and more conservative assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Hamilton Lane has centered on valuation resets, with multiple firms reducing price targets and one key upgrade signaling support for the long term investment case.お知らせ • Apr 24Hamilton Lane Incorporated to Report Q4, 2026 Results on May 21, 2026Hamilton Lane Incorporated announced that they will report Q4, 2026 results at 9:30 AM, US Eastern Standard Time on May 21, 2026お知らせ • Apr 23Hamilton Lane Launches Credit Income Fund and Private Infrastructure FundHamilton Lane announced the launch of the Hamilton Lane Credit Income Fund and the conversion of the Hamilton Lane Private Infrastructure Fund to an interval fund structure. Structured as interval funds, HLCIF and HLPIF are designed to offer institutional and private wealth investors in the U.S. access to private market strategies with investor-friendly features, including 1099 tax reporting, quarterly limited liquidity, daily NAV pricing and investment minimums as low as $2,500 in certain share classes. Registered under the Investment Company Act of 1940, the interval funds aim to provide greater flexibility and accessibility to the asset class, while maintaining a conservative investment approach focused on risk management and volatility mitigation. Investors also benefit from quarterly repurchase offers, which seek to provide periodic liquidity without the extended lockups typically associated with closed-end vehicles. The firm's Credit Income Fund was declared effective by the SEC last month and has seen strong investor interest thus far, having already reached more than $350 million in commitments. HLCIF provides curated access to a diversified portfolio of middle-market senior loans, sourced through Hamilton Lane's global multi-manager platform rather than index-based exposure. HLCIF is supported by the firm's 20+ years of direct credit investing experience and its extensive global GP network. Initially launched in October 2024, the Hamilton Lane Private Infrastructure Fund, which has been converted to an interval fund structure, will continue its existing infrastructure strategy focused on co-investments and secondaries. Building on the firm's $90 billion platform and more than 25 years of experience in the infrastructure space, HLPIF seeks to capitalize on unique middle-market opportunities across the telecommunications, transportation, power & energy, environmental and renewables sectors. In addition, as part of Hamilton Lane's ongoing effort to modernize access to private markets through technology, HLPIF is now also available in a tokenized format via Republic's digital investment platform. Since launching its global evergreen platform in 2019, Hamilton Lane has built a suite of 12 funds representing nearly $18 billion in assets under management.お知らせ • Apr 20Hamilton Lane Announces Executive Promotions, Effective April 1, 2026Hamilton Lane Incorporated announced senior promotions and new appointments across its Investment, Client Solutions, Portfolio Management, Legal, Finance and Operations Teams. The firm recognized the promotions of the following individuals to Managing Director: Anastasia Di Carlo, Client Solutions; Brian Reilly, Taft-Hartley; Emily Lozada, Investment Legal; Jan Verstraete, Secondary Investments; Kaylin Liu, Fund Accounting; Nelda Chang, Direct Equity Investments; Scott Thomas, Client Solutions; William Bannard, Portfolio Management Group. In addition, the firm promoted the following individuals to Principal: Agnieszka Lor, Account Execution; Charlotte Riley, Human Resources; Da Eun Kim, Client Solutions; Jeff Benson, Client Solutions; Jeff Straus, Secondary Investments; Jerome Kamm, Direct Equity Investments; Kristen McCarthy, Digital Business Transformation; Kyle McGinnis, Direct Equity Investments; Lauren Williamson, Client Solutions; Steve Caplan, Direct Equity Investments. All promotions were effective as of April 1, 2026. The firm also made a number of new appointments, including Christopher Alpaugh as Managing Director, Head of National Sales. Based in New York, his focus is on the development and execution of the firm's U.S. evergreen sales strategy, and he reports to Beth Nardi, Head of U.S. Private Wealth. In addition, Alexandre Hökfelt joined the firm as a Managing Director on the Direct Credit Investment team in London, where he oversees the firm's UK and European Direct Credit platform and leads investment sourcing and due diligence efforts. Hökfelt reports to Tom Kerr, Co-Head of Investments and Co-Head of Secondaries.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$107, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$202 per share.ナラティブ更新 • Apr 10HLNE: Tokenized Credit Partnership And Higher Margins Will Support Future Premium P/EHamilton Lane's updated analyst price target has been reduced by about $13 per share, as analysts factor in slightly lower revenue growth expectations, a modestly lower future P/E multiple, and a somewhat higher projected profit margin. Analyst Commentary Recent research updates on Hamilton Lane show a mix of optimism and caution, with several price target changes in both directions over the past few months.Price Target Changed • Apr 08Price target decreased by 8.0% to US$155Down from US$169, the current price target is an average from 7 analysts. New target price is 60% above last closing price of US$97.11. Stock is down 34% over the past year. The company posted earnings per share of US$5.45 last year.ナラティブ更新 • Mar 26HLNE: Tokenized Credit Partnerships Will Support Future Premium Earnings MultipleHamilton Lane's updated analyst price target has been trimmed by about $4 to reflect a slightly lower fair value estimate and P/E assumption, even as analysts broadly incorporate mixed recent target revisions across the Street. Analyst Commentary Street research on Hamilton Lane over recent weeks has been active, with several analysts adjusting price targets in both directions.Upcoming Dividend • Mar 13Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 06 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (2.3%).ナラティブ更新 • Mar 07HLNE: Tokenized Private Credit Partnerships Will Support Future Premium Earnings PowerHamilton Lane's updated analyst price target reflects a mixed reset around $150, as some analysts trimmed expectations while others lifted their targets, citing differing views on valuation and earnings power assumptions. Analyst Commentary Recent research on Hamilton Lane clusters around the updated price targets, giving you a sense of where analysts see risk and opportunity concentrating around the $150 level.Recent Insider Transactions • Feb 25Co-Chief Executive Officer & Director recently bought US$989k worth of stockOn the 20th of February, Juan Delgado-Moreira bought around 9k shares on-market at roughly US$107 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Juan has been a buyer over the last 12 months, purchasing a net total of US$2.0m worth in shares.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$101, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Capital Markets industry in the US. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$184 per share.ナラティブ更新 • Feb 21HLNE: Tokenized Private Credit Partnerships Will Support Premium Future Earnings MultipleNarrative Update: Hamilton Lane The analyst fair value estimate for Hamilton Lane has been adjusted from about $181.14 to $172.86, reflecting recent Street research that includes a lower $150 price target from UBS alongside higher targets from other firms, with analysts citing updated expectations for valuation multiples and risk assumptions. Analyst Commentary Recent Street research on Hamilton Lane shows a mix of optimism about the company’s growth outlook and some caution around how much investors are willing to pay for that growth.新しいナラティブ • Feb 19Evergreen Platform And Specialized Funds Will Reshape Long Term Private Markets Fee PowerCatalysts About Hamilton Lane Hamilton Lane is a global private markets investment manager that runs customized accounts and specialized funds for institutional and wealth clients. What are the underlying business or industry changes driving this perspective?ナラティブ更新 • Feb 06HLNE: Higher-Income Fee Streams Will Support Premium Future Earnings MultipleNarrative Update: Hamilton Lane Analyst Price Target Shift The analyst price target for Hamilton Lane has been revised higher by about $4. Analysts broadly point to updated assumptions around growth, profitability, and P/E, along with a recent series of target increases from firms such as Oppenheimer, Morgan Stanley, UBS, and Keefe Bruyette, as support for the change.Declared Dividend • Feb 05Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 20th March 2026 Payment date: 6th April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.新しいナラティブ • Feb 05Evergreen And Technology Risks Will Challenge Private Markets Expansion Yet Ultimately Support Long-Term UpsideCatalysts About Hamilton Lane Hamilton Lane is a global private markets investment manager providing customized separate accounts, specialized funds and technology-enabled solutions for institutional and wealth clients. What are the underlying business or industry changes driving this perspective?Reported Earnings • Feb 04Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: US$1.40 (up from US$1.33 in 3Q 2025). Revenue: US$198.6m (up 18% from 3Q 2025). Net income: US$58.4m (up 10% from 3Q 2025). Profit margin: 29% (down from 32% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 03Hamilton Lane Incorporated Declares a Quarterly Dividend, Payable on April 6, 2026Hamilton Lane Incorporated has declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on March 20, 2026 that will be paid on April 6, 2026. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.ナラティブ更新 • Jan 23HLNE: Guardian Partnership And Evergreen Platform Will Support Durable Future Fee StreamsAnalysts have raised their price target on Hamilton Lane by about $20, reflecting higher fair value estimates and updated assumptions for revenue growth, profit margins, and future P/E multiples that are consistent with a series of recent target increases and an upgrade cited in Street research. Analyst Commentary Recent Street research on Hamilton Lane has clustered around higher price targets and one high profile upgrade, with analysts refining their views on how the business can execute on growth opportunities in alternatives while managing valuation risk.お知らせ • Jan 13Hamilton Lane Incorporated to Report Q3, 2026 Results on Feb 03, 2026Hamilton Lane Incorporated announced that they will report Q3, 2026 results Pre-Market on Feb 03, 2026お知らせ • Dec 16Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) acquired an unknown majority stake in Cold-Link Logistics, LLC.Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) acquired an unknown majority stake in Cold-Link Logistics, LLC on December 15, 2025. In addition to Slate and funds managed by Hamilton Lane, the acquisition was completed with the support of co-investment partners, including GFH Partners. As part of the transaction, Michael and Nick Mandich and other members of the current management team will maintain a meaningful stake in Cold-Link Logistics, LLC. JPMorgan Chase & Co. acted as financial advisor for Slate Asset Management LP. Ray Baltz and John Anderson of King & Spalding LLP acted as legal advisors for Slate Asset Management LP. Wells Fargo & Company acted as financial advisor for Cold-Link Logistics, LLC. Greenberg Traurig, LLP acted as legal advisor for Cold-Link Logistics, LLC. Haber Law, P.A. acted as legal advisor for Cold-Link Logistics, LLC. Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) completed the acquisition of an unknown majority stake in Cold-Link Logistics, LLC on December 15, 2025.Upcoming Dividend • Dec 12Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 19 December 2025. Payment date: 07 January 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.9%).Recent Insider Transactions • Nov 12Co-CEO & Member of the Board recently bought US$1.0m worth of stockOn the 7th of November, Juan Delgado-Moreira bought around 8k shares on-market at roughly US$130 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Juan's only on-market trade for the last 12 months.お知らせ • Nov 10Hamilton Lane Announces Management AppointmentsHamilton Lane announced multiple senior appointments to its North American client solutions team, supporting both institutional and private wealth outreach. Beth Nardi joins as Head of U.S. Private Wealth, setting strategic direction and overseeing the delivery of both evergreen and traditional private markets offerings tailored to the evolving needs of high-net-worth investors and their advisors. She brings more than two decades of experience in the asset management industry, most recently serving as Head of Enterprise Relationships for the Americas at JPMorgan Asset Management, where she led a team focused on strategic Registered Investment Adviser (RIA) partnerships. Additionally, Tim Jenkins and Russell Simon have recently joined the Client Solutions team as Managing Directors, with a focus on the institutional channel. Jenkins, based in New York City, is responsible for institutional clients in the Northeast region. Prior to joining the firm, he was a senior member of Eisler Capital's Capital Development and Investor Relations team. In addition, he previously held senior roles at Ashmore, Aviva Investors, Goldman Sachs and JP Morgan. Simon joined from CF Private Equity (CFPE), where he managed LP relationships in the western U.S., Canada and Japan. Prior to joining CFPE, he was a senior vice president at Allianz Global Investors. Simon is based in Hamilton Lane's San Francisco office and is responsible for leading institutional business development, client servicing and relationship management efforts in the western U.S. Further strengthening the team are Emily Mosquera, Jake Passero and Paul Schemel, who will focus on institutional outreach efforts, while Sizwe Kamra came on board with a focus on private wealth clients. Mosquera is driving institutional business development efforts in the Southeast U.S., Schemel supports institutional clients in the Western U.S., Passero supports institutional clients in the Northeast U.S., and Kamra is responsible for private wealth business development efforts in the Midwest region of the U.S. The teams are led by Mike Woollatt, Head of Americas Client Solutions.Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: US$1.71 (vs US$1.39 in 2Q 2025)Second quarter 2026 results: EPS: US$1.71 (up from US$1.39 in 2Q 2025). Revenue: US$190.9m (up 27% from 2Q 2025). Net income: US$70.9m (up 29% from 2Q 2025). Profit margin: 37% (in line with 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.お知らせ • Nov 04Hamilton Lane Incorporated Declares Quarterly Dividend, Payable on January 7, 2026Hamilton Lane Incorporated declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on December 19, 2025 that will be paid on January 7, 2026. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.ナラティブ更新 • Nov 03HLNE: Expansion In Wealth Channel Will Drive Long-Term Asset GrowthHamilton Lane’s consensus analyst price target has been revised downward by $2.50 to $157.17. Analysts cite ongoing credit concerns affecting near-term valuations, despite continued growth prospects, particularly in wealth and private markets channels.ナラティブ更新 • Oct 20Global Distribution And Diversified Funds Will Secure Future SuccessAnalysts have raised Hamilton Lane's price target slightly from $159.00 to $159.67, citing improved positioning in the Wealth channel and anticipated steady growth in its private market products as key drivers for the positive outlook. Analyst Commentary Recent research and updates reflect a dynamic outlook for Hamilton Lane, highlighting both opportunities and areas of caution as the firm navigates growth within the Wealth channel and private markets.お知らせ • Oct 14Hamilton Lane Incorporated to Report Q2, 2026 Results on Nov 04, 2025Hamilton Lane Incorporated announced that they will report Q2, 2026 results Pre-Market on Nov 04, 2025ナラティブ更新 • Oct 05Global Distribution And Diversified Funds Will Secure Future SuccessAnalysts have modestly reduced their price target for Hamilton Lane from $163.50 to $159.00. They cite steady yet slightly adjusted expectations for profit margins and discount rates, along with ongoing confidence in the company's wealth channel growth and net asset value outlook.お知らせ • Oct 01Hamilton Lane Launches Global Venture Capital and Growth Evergreen FundHamilton Lane announced the launch of the Hamilton Lane Global Venture Capital and Growth Fund ("HLGVG" or "the Fund"), an evergreen investment vehicle focused on growth and venture opportunities in the private markets. The Fund is available to certain individual investors and their advisors, as well as institutional investors, in parts of Europe, Asia, Latin America and the Middle East, as well as in Australia, New Zealand and Canada. HLGVG offers investors access to the firm's global venture capital investment platform, which seeks to deliver strong performance by investing in disruptive technologies and innovative businesses. The Fund leverages Hamilton Lane's deep expertise in private markets co-investments and secondaries to access compelling deal flow. Structured as an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy and geography. With a focus on innovation, diversification and institutional-quality assets, the Fund seeks to address common barriers to entry in this dynamic space. It follows the launch of the firm's venture evergreen fund in the U.S. earlier this year. The Fund seeks to leverage Hamilton Lane's use of proprietary data, technology, and AI to support decision making and operational excellence. Hamilton Lane's track record of driving digital transformation within the industry, now under its HL Innovations initiative, includes strategic balance sheet investments in transformational investment technology, the development of its proprietary Cobalt platform and more.ナラティブ更新 • Sep 20Global Distribution And Diversified Funds Will Secure Future SuccessThe upward revision in Hamilton Lane’s price target reflects improved revenue growth expectations alongside a notable decline in future P/E multiples, raising fair value from $160.25 to $163.50. What's in the News Hamilton Lane launched the Global Private Secondary Fund, an evergreen secondary vehicle targeting accredited and institutional investors across several regions, reaching over $365 million AUM at inception and nearly doubling its launch target.Upcoming Dividend • Sep 12Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 19 September 2025. Payment date: 06 October 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.9%).ナラティブ更新 • Sep 05Global Distribution And Diversified Funds Will Secure Future SuccessDespite a sharp decline in Hamilton Lane’s future P/E multiple, the consensus analyst price target remained unchanged at $160.25. What's in the News Hamilton Lane launched the Global Private Secondary Fund, an evergreen secondary investment vehicle targeting high-net-worth and institutional investors, surpassing its initial asset target with $365 million at inception.お知らせ • Sep 03+ 2 more updatesHamilton Lane Launches Global Private Secondary FundHamilton Lane announced the launch of the Hamilton Lane Global Private Secondary Fund, an evergreen investment vehicle focused on the secondary market. The Fund is available to accredited high-net-worth investors and their advisors, as well as institutional investors, in parts of Europe, the Middle East, Asia and Latin America as well as in Canada. Driven by significant investor demand, the Fund has already reached commencement for more than $365 million in assets under management2, nearly doubling the launch target size. HLGPS seeks to provide investors with long-term capital appreciation primarily by building a diversified portfolio of secondary investments. The Fund offers access to high-quality private market investments diversified across strategies, industries, vintages and geography, in a single fund with quarterly limited liquidity. The Fund's strategy focuses on high quality middle market buyout funds and assets, with significant near-term distribution potential. It is also able to employ a flexible approach across secondary transaction types by leveraging Hamilton Lane's 24+ year experience in the secondary market and substantial capital deployment. In comparison to primary investments, secondary investments can typically present benefits such as diversification, J-curve mitigation, knowledge of underlying assets, increased pace of capital deployment and value through discounts.Major Estimate Revision • Aug 12Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$701.1m to US$738.6m. EPS estimate increased from US$4.33 to US$4.90 per share. Net income forecast to grow 32% next year vs 19% growth forecast for Capital Markets industry in the US. Consensus price target up from US$153 to US$160. Share price was steady at US$159 over the past week.Declared Dividend • Aug 07First quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 19th September 2025 Payment date: 6th October 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 7.2% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 06First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$1.30 (down from US$1.49 in 1Q 2025). Revenue: US$176.0m (down 11% from 1Q 2025). Net income: US$53.7m (down 8.9% from 1Q 2025). Profit margin: 31% (in line with 1Q 2025). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 05Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on October 6, 2025Hamilton Lane Incorporated has declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on September 19, 2025 that will be paid on October 6, 2025. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.お知らせ • Jul 28Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025.お知らせ • Jul 15Hamilton Lane Incorporated to Report Q1, 2026 Results on Aug 05, 2025Hamilton Lane Incorporated announced that they will report Q1, 2026 results on Aug 05, 2025お知らせ • Jul 02Hamilton Lane Launches First Asia-Focused Private Markets Evergreen Offering to Enable Access to Targeted Opportunities Across the RegionHamilton Lane announced the launch of its Asia Private Assets Fund, a pioneering semi-liquid vehicle that aims to provide private wealth and institutional investors with diversified access to Asia's private markets landscape. HLAPA seeks to provide investors with diversified, attractive return exposure to Asia's private markets, focusing on private equity through direct investments and secondaries. By leveraging Hamilton Lane's more than 15 years of experience investing across Asia, as well as the firm's extensive regional network and established, flexible evergreen structure, the Fund aims to capitalize on Asia's macroeconomic tailwinds and deliver quality risk-adjusted returns. Key features of the Fund include: A flexible portfolio construction, allowing it to adapt to market dynamics and designed to optimize risk-adjusted returns across innovative growth investments and mature buyout deals; Access to investments alongside top-tier fund managers across Asia, including deep relationships with what Hamilton Lane believes are premiere GPs across Australia, Japan, Korea, India, Southeast Asia and China; An open-ended, flexible structure that provides immediate capital deployment without capital calls, along with lower minimum investments compared to traditional drawdown funds, monthly subscriptions and the potential for limited quarterly liquidity subject to the Fund's terms and conditions. The Hamilton Lane Asia Private Assets Fund is the latest addition to the firm's broader $11 billion AUM Evergreen Platform, which first launched in 2019 and includes nine funds across multiple strategies.お知らせ • Jun 30+ 3 more updatesHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 2000 Growth IndexHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 2000 Growth IndexUpcoming Dividend • Jun 16Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 20 June 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.1%).Declared Dividend • Jun 02Fourth quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 20th June 2025 Payment date: 7th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$5.45 (up from US$3.72 in FY 2024). Revenue: US$713.0m (up 29% from FY 2024). Net income: US$217.4m (up 54% from FY 2024). Profit margin: 31% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 29Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Shares, Payable on July 7, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.54 per share of Class A common stock to record holders on June 20, 2025 that will be paid on July 7, 2025. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.お知らせ • May 08Hamilton Lane Incorporated to Report Q4, 2025 Results on May 29, 2025Hamilton Lane Incorporated announced that they will report Q4, 2025 results Pre-Market on May 29, 2025お知らせ • May 06Hamilton Lane Incorporated Launches U.S. Venture Capital and Growth Evergreen FundHamilton Lane Incorporated announced the launch of the Hamilton Lane Venture Capital and Growth Fund ("HLVCG" or "the Fund"), a continuously offered evergreen investment vehicle registered under the Investment Act of 1940 ("40 Act"), available to accredited U.S. investor clients, including high-net-worth investors and their advisors, as well as institutional investors. HVCG offers investors in the U.S. access to the firm's global venture capital investment platform with what the firm believes to be a high-quality portfolio. The Fund aims to deliver strong returns by investing in disruptive technologies and innovative companies, while leveraging Hamilton Lane's deep expertise in private markets co-investments and secondaries to access compelling deal flow. Structured as an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy and geography. With a focus on innovation, diversification and institutional-quality assets, the Fund seeks to address common barriers to entry in this dynamic space. It aims to provide investors with upfront capital deployment, flexible liquidity options and exposure to curated opportunities alongside what Hamilton Lane believes are top-tier managers. An investment in the Fund is generally subject to market risk, including the loss of the entire principal amount invested. An investment in the Fund represents an indirect investment in the securities owned by the Fund. Shares are appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment and for whom an investment in the Fund does not constitute a complete investment program and should be viewed as a long-term investment. The Fund may engage in the use of leverage, hedging, and other speculative investment practices that may accelerate losses. Although the Fund is allocated across sectors and asset classes, it is a non-diversified fund and subject to risks associated with concentrated investments in a specific industry or sector and therefore may be subject to greater volatility than a more diversified investment. Certain investments in the Fund are illiquid making it difficult to sell these securities and possibly requiring the Fund to sell at an unfavorable time or price. The value of certain Fund investments, in particular non-traded investment vehicles, will be difficult to determine and the valuations provided will likely vary from the amounts the Fund would receive upon sale or disposition of its investments. Some of the companies in which venture capital funds invest, directly or indirectly, will not perform as expected. Business risks may be more significant in smaller Portfolio Funds or those that are embarking on a build-up or operating turnaround strategy. There are no limitations imposed by Hamilton Lane Advisors, LLC. as to the amount of Fund assets that may be invested in any one issuer in the technology sector. Accordingly, the Fund's investment portfolio may at times be significantly concentrated, both as to managers, industry and individual companies. Such concentration could offer a greater potential for capital appreciation as well as increased risk of loss. Such concentration may also be expected to increase the volatility of the Fund's investment portfolio. The Fund's concentration in these investments may present more risks than if it were more broadly diversified over numerous industries and sectors of the economy. Early-stage companies may never obtain necessary financing, may rely on untested business plans, may not be successful in developing markets for their products or services, and may remain an insignificant part of their industry, and as such may never be profitable. Stocks of early-stage companies may be profitable. Stock of early- stage companies may be in early-stage companies may be in the future.Price Target Changed • Apr 29Price target decreased by 7.9% to US$154Down from US$167, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of US$155. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$5.00 for next year compared to US$3.72 last year.Price Target Changed • Apr 16Price target decreased by 7.5% to US$155Down from US$168, the current price target is an average from 6 analysts. New target price is 15% above last closing price of US$135. Stock is up 23% over the past year. The company is forecast to post earnings per share of US$5.00 for next year compared to US$3.72 last year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$127, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Capital Markets industry in the US. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$74.06 per share.Buy Or Sell Opportunity • Mar 12Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to US$141. The fair value is estimated to be US$117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.株主還元HLNEUS Capital MarketsUS 市場7D6.4%1.1%2.7%1Y-33.8%1.1%20.9%株主還元を見る業界別リターン: HLNE過去 1 年間で1.1 % の収益を上げたUS Capital Markets業界を下回りました。リターン対市場: HLNEは、過去 1 年間で20.9 % のリターンを上げたUS市場を下回りました。価格変動Is HLNE's price volatile compared to industry and market?HLNE volatilityHLNE Average Weekly Movement6.6%Capital Markets Industry Average Movement3.5%Market Average Movement7.2%10% most volatile stocks in US Market16.2%10% least volatile stocks in US Market3.1%安定した株価: HLNE 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: HLNEの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1991785Erik Hirschwww.hamiltonlane.comハミルトンレーン・インコーポレイテッドは、アーリーベンチャー、エマージンググロース、ターンアラウンド、ミドルマーケット、マチュア、ミッドベンチャー、ブリッジ、バイアウト、ディストレスト／バルチャー、ローン、グロースキャピタル企業のメザニンを専門とするプライベートエクイティおよびベンチャーキャピタル会社である。同社は、ダイレクト・クレジット、ダイレクト、ファンド・オブ・ファンズ、エバーグリーン、実物資産などのオルタナティブ投資戦略を運用している。プライマリーおよびセカンダリーのファンド・オブ・ファンズ投資では、プライベート・エクイティ、バイアウト、スペシャル・シチュエーション、クレジット、グロース・エクイティ、ミドル・マーケット、マチュア、ターンアラウンド、メザニン、ベンチャー・キャピタルのファンドに重点的に投資している。破壊的技術や革新的企業への投資を好む。宇宙、エンジン、代替エネルギー資源、環境・設備サービス、耐久消費財、レジャー製品、繊維、製造サービス、浄水、オンライン・トレーニング・サービス、ヘルスケア・サービス＆テクノロジー、エネルギー、工業、商業サービス、インターネット・ソフトウェア＆サービス、消費者裁量、ヘルスケア、不動産、IT、ハイテク対応ビジネス、金融、公益事業、消費者サービスへの投資を好む。アフリカ／中東、アジア／太平洋、ヨーロッパ、東南アジア、韓国、中国、インド、ラテンアメリカ／カリブ海諸国、アメリカ合衆国、ニューヨーク州、フロリダ州、アリゾナ州、ネバダ州、ニューメキシコ州、オレゴン州、ワシントン州、カリフォルニア州とその周辺州、オーストラリア、日本、ブラジル、英国、カナダへの投資を好む。同社は、中小規模の企業価値で0.25億ドルから1億ドルの範囲での投資を好む。過半数の株式を取得することを好む。ハミルトンレーン・インコーポレイテッドは1991年に設立され、ペンシルベニア州フィラデルフィアに本社を置き、ヨーロッパ、北米、アジア太平洋、中東にもオフィスを構えている。もっと見るHamilton Lane Incorporated 基礎のまとめHamilton Lane の収益と売上を時価総額と比較するとどうか。HLNE 基礎統計学時価総額US$5.57b収益（TTM）US$275.90m売上高(TTM)US$858.37m15.7xPER（株価収益率5.0xP/SレシオHLNE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計HLNE 損益計算書（TTM）収益US$858.37m売上原価US$337.68m売上総利益US$520.68mその他の費用US$244.79m収益US$275.90m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）6.44グロス・マージン60.66%純利益率32.14%有利子負債／自己資本比率16.2%HLNE の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.4%現在の配当利回り34%配当性向HLNE 配当は確実ですか？HLNE 配当履歴とベンチマークを見るHLNE 、いつまでに購入すれば配当金を受け取れますか？Hamilton Lane 配当日配当落ち日Sep 21 2026配当支払日Oct 06 2026配当落ちまでの日数42 days配当支払日までの日数57 daysHLNE 配当は確実ですか？HLNE 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/10 07:08終値2026/08/07 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hamilton Lane Incorporated 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Brennan HawkenBMO Capital Markets Equity ResearchAlexander BlosteinGoldman SachsKenneth WorthingtonJ.P. Morgan6 その他のアナリストを表示
New Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding).
Declared Dividend • Aug 07First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 21st September 2026 Payment date: 6th October 2026 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 7.0% over the next year, which should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 07Hamilton Lane Incorporated (NASDAQ:HLNE) Beat Earnings, And Analysts Have Been Reviewing Their ForecastsA week ago, Hamilton Lane Incorporated ( NASDAQ:HLNE ) came out with a strong set of first-quarter numbers that could...
Reported Earnings • Aug 04First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: US$1.94 (up from US$1.30 in 1Q 2026). Revenue: US$275.3m (up 56% from 1Q 2026). Net income: US$80.5m (up 50% from 1Q 2026). Profit margin: 29% (down from 31% in 1Q 2026). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Michael Schmertzler was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
ナラティブ更新 • Jul 31HLNE: Fair Outlook Balances Fundraising Challenges With New Private Markets PartnershipsHamilton Lane's updated analyst price target shifts to $94 from $159, reflecting a broad reset across alternative asset managers as analysts factor in slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent research on Hamilton Lane points to a more cautious mood around the stock, even as many firms maintain positive ratings.
New Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding).
Declared Dividend • Aug 07First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 21st September 2026 Payment date: 6th October 2026 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 7.0% over the next year, which should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 07Hamilton Lane Incorporated (NASDAQ:HLNE) Beat Earnings, And Analysts Have Been Reviewing Their ForecastsA week ago, Hamilton Lane Incorporated ( NASDAQ:HLNE ) came out with a strong set of first-quarter numbers that could...
Reported Earnings • Aug 04First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: US$1.94 (up from US$1.30 in 1Q 2026). Revenue: US$275.3m (up 56% from 1Q 2026). Net income: US$80.5m (up 50% from 1Q 2026). Profit margin: 29% (down from 31% in 1Q 2026). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Michael Schmertzler was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
ナラティブ更新 • Jul 31HLNE: Fair Outlook Balances Fundraising Challenges With New Private Markets PartnershipsHamilton Lane's updated analyst price target shifts to $94 from $159, reflecting a broad reset across alternative asset managers as analysts factor in slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent research on Hamilton Lane points to a more cautious mood around the stock, even as many firms maintain positive ratings.
ライブニュース • Jul 31Hamilton Lane Leads $270 Million Continuation Deal for Savant Wealth ManagementHamilton Lane is leading a single asset continuation vehicle that will invest $270 million into Savant Wealth Management, becoming the only new outside investor in the firm. The transaction gives longtime investor Cynosure Partners liquidity for its original partners while it keeps an investment in Savant, and existing minority holders such as Kelso & Company and Savant employees also retain their ownership stakes. Hamilton Lane shares trade at $88.95, with the stock down 34.9% year to date as of the latest close. This deal highlights Hamilton Lane’s ongoing activity in private markets and its focus on wealth management as an investment theme. The use of a continuation vehicle means Hamilton Lane clients gain extended exposure to Savant, while liquidity is created for existing backers. The structure can concentrate risk in a single asset, so outcomes will depend heavily on Savant’s operating performance and the firm’s ability to manage this exposure over time.
ライブニュース • Jul 29Revolut Partnership Expands Hamilton Lane Private Market Access for European InvestorsRevolut has started offering private market funds to eligible customers in Europe through partnerships with Apollo, Ares, Hamilton Lane and Partners Group. The funds use evergreen ELTIF 2.0 structures that include periodic liquidity windows and are designed for non-institutional investors. The arrangement broadens Hamilton Lane’s distribution reach into Revolut’s retail client base and puts its private equity, private credit and private infrastructure products in front of individual investors who historically had limited access to this type of exposure. Hamilton Lane shares trade at US$89.52, with the stock down 34.5% year to date. This Revolut partnership gives Hamilton Lane another route to gather assets in Europe and to test demand for structures aimed at smaller ticket investors. The main risk is execution. The company needs products that work smoothly within ELTIF 2.0 rules and that match the liquidity terms Revolut users expect.
お知らせ • Jul 24Hamilton Lane Incorporated, Annual General Meeting, Sep 10, 2026Hamilton Lane Incorporated, Annual General Meeting, Sep 10, 2026.
ナラティブ更新 • Jul 17HLNE: Fee Strength And Insider Buying Will Support Future Premium P/EAnalysts have nudged their fair value estimate for Hamilton Lane slightly lower, trimming the target by about $6 to $129.57 as they factor in reduced Street price targets along with expectations for somewhat softer revenue growth, partly offset by firmer profit margins and a lower anticipated future P/E multiple. Analyst Commentary Street research on Hamilton Lane reflects a mix of optimism about the business model and caution on the stock's valuation and near term earnings trajectory.
お知らせ • Jul 08Hamilton Lane Incorporated to Report Q1, 2027 Results on Aug 04, 2026Hamilton Lane Incorporated announced that they will report Q1, 2027 results at 9:30 AM, US Eastern Standard Time on Aug 04, 2026
ライブニュース • Jul 03Hamilton Lane Raises $3.8 Billion for Sixth Direct Equity Fund CloseHamilton Lane closed its sixth Direct Equity fund, Hamilton Lane Equity Opportunities Fund VI, with a total of $3.8b in commitments in and alongside the fund, targeting diversified middle-market buyout exposure through its global Direct Equity platform. The successful raise points to ongoing client interest in Hamilton Lane’s direct equity offering, which is important for future management and performance fee potential tied to this pool of capital. Hamilton Lane’s stock trades at $79.76, with the share price down 41.6% year to date, so this new fund close arrives against a backdrop of a weaker share price. This fund close adds scale to Hamilton Lane’s fee-earning platform and extends its opportunity set in middle-market buyouts, but investors still need to weigh fundraising momentum against execution risk and the timing and size of eventual realizations from these investments.
ナラティブ更新 • Jul 03HLNE: Fee Strength And Buybacks Will Support Future RevaluationHamilton Lane's updated analyst price target reflects a shift from $227.22 to $176.00, as analysts factor in adjusted revenue growth expectations, a different P/E outlook, and higher profit margin assumptions, set against a backdrop of mixed but generally supportive recent research commentary. Analyst Commentary Recent Hamilton Lane research has mixed adjustments to price targets, but the tone from several large firms remains constructive.
お知らせ • Jun 29+ 8 more updatesHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 1000 Value-Defensive IndexHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 1000 Value-Defensive Index
ライブニュース • Jun 25Gridline Adds Hamilton Lane Data to Expand Private Markets Fund BenchmarkingGridline has integrated Hamilton Lane’s private markets data into its AI-powered diligence and benchmarking tool AltComply, giving wealth managers and investment teams the ability to benchmark fund managers against peers and run more data-driven due diligence. The partnership expands Hamilton Lane’s role as a data provider in private markets, extending the reach of its datasets into third-party technology used by allocators that are looking for deeper analytics on private funds. Hamilton Lane shares trade at $76.22, with the stock down 44.2% year to date, so the market backdrop is weak even as the company signs new data and technology partnerships. This integration reinforces Hamilton Lane’s push to commercialize its information set beyond traditional fund management. It can broaden revenue sources tied to data and analytics while also deepening relationships with wealth managers that might allocate capital to its private markets offerings.
ナラティブ更新 • Jun 19HLNE: Fee Resilience And Insider Buying Will Support Future Premium P/EThe analyst price target for Hamilton Lane has been trimmed slightly from $136.00 to about $135.57, as analysts factor in a mix of Q4 earnings beats, updated fee and margin expectations, and refreshed valuation assumptions across recent research updates. Analyst Commentary Recent research on Hamilton Lane highlights a mix of optimism around fee-related execution and Q4 earnings, alongside more cautious adjustments to valuation models and price targets.
Seeking Alpha • Jun 18Hamilton Lane: The Price Rout Continues As The Dividend Is Hiked 11%Summary Hamilton Lane trades at a deep discount, with shares at 60% of estimated fair value despite robust business performance. HLNE's non-GAAP EPS grew 23.1% year-over-year, and management hiked the dividend by 11%, signaling confidence in ongoing cash flow strength. The stock's forward P/E of 12.8 is well below its 9-year average, with a fair value estimate of $141 per share, implying an 81% potential total return by June 2027. Risks include industry-wide redemption spikes in private credit and reputational threats, but the company's $100 million buyback authorization and strong inflows support the investment thesis. Read the full article on Seeking Alpha
Recent Insider Transactions • Jun 16Independent Director recently bought US$1.1m worth of stockOn the 11th of June, David Berkman bought around 15k shares on-market at roughly US$76.27 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$10.0m. Insiders have collectively bought US$16m more in shares than they have sold in the last 12 months.
Upcoming Dividend • Jun 11Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 07 July 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.1%).
Recent Insider Transactions • Jun 04Executive Co-Chairman recently bought US$10.0m worth of stockOn the 27th of May, Hartley Rogers bought around 111k shares on-market at roughly US$90.08 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Hartley's only on-market trade for the last 12 months.
ナラティブ更新 • Jun 03HLNE: Fee Resilience And Evergreen Inflows Will Support Future Premium P/EAnalysts have adjusted their Hamilton Lane price targets in a mixed but generally supportive way, and the updated fair value estimate has edged lower from about $138.14 to $136.00 as slightly softer revenue growth assumptions are balanced by firmer profit margins and a reduced future P/E of roughly 15x, all following Q4 earnings beats and ongoing strength in fee-driven income. Analyst Commentary Recent research on Hamilton Lane reflects a split between analysts who see upside supported by execution and those who are reining in expectations as the stock and sector reset.
ライブニュース • May 29Hamilton Lane Beats Earnings Forecast as Specialized Funds and Evergreen Assets Drive GrowthHamilton Lane reported Q1 CY2026 revenue of US$193.6m, a 2.2% year-over-year decline that came in below analyst expectations. Non-GAAP EPS was US$1.49, which was 4.5% above analyst estimates, supported by margin strength and contributions from specialized funds. Assets under management reached US$142b, 2.9% higher year-over-year and 2.1% above forecasts, with positive net inflows across the evergreen platform despite broader industry redemption pressure. The key takeaway is that profitability and asset growth held up even as revenue came in light, with specialized funds and evergreen products acting as important earnings and fee drivers. Investors may want to watch how fee-earning assets trend across fund categories and how ongoing investments in technology and any changes in exit or deal activity influence both margins and overall fee revenue.
Board Change • May 26Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Reynoldo Graves was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 26Fourth quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 18th June 2026 Payment date: 7th July 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 23Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on July 7, 2026; Provides Dividend Target for the Full-Year of 2026Hamilton Lane Incorporated has declared a quarterly dividend of $0.60 per share of Class A common stock to record holders at the close of business on June 18, 2026 that will be paid on July 7, 2026. The company target full-year dividend of $2.40 represents a 11% increase from the prior fiscal year dividend.
Reported Earnings • May 22Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: US$5.99 (up from US$5.45 in FY 2025). Revenue: US$759.0m (up 6.5% from FY 2025). Net income: US$249.2m (up 15% from FY 2025). Profit margin: 33% (up from 31% in FY 2025). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 9.8%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
ナラティブ更新 • May 16HLNE: Interval Fund Platform And Tokenization Will Support Future Premium P/EHamilton Lane's analyst price target has been revised lower, with several firms cutting their targets by between $18 and $59 as analysts point to updated assumptions on growth, margins and valuation, while still highlighting what some see as an overdone share reaction. Analyst Commentary Recent research shows a split view on Hamilton Lane, with several firms cutting price targets by between US$18 and US$59 while at least one major bank has moved to a more positive stance.
お知らせ • Apr 30GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) acquired 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc.GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) acquired 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc. on April 29, 2026. Following completion, PSEI will retain a majority interest in the asset and continue to oversee its operations. GCM Grosvenor Inc. (NasdaqGM : GCMG) and Hamilton Lane Incorporated (NasdaqGS : HLNE) completed the acquisition of 49.9% minority stake in 240 MW Big Sky Wind Project from Power Sustainable Energy Infrastructure Inc. on April 29, 2026.
ナラティブ更新 • Apr 25HLNE: Tokenized Credit Platform And Interval Funds Will Support Future Premium P/EThe analyst price target for Hamilton Lane has been cut by about $17 to $138, as analysts factor in slightly lower fair value estimates, a modestly higher discount rate, and more conservative assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Hamilton Lane has centered on valuation resets, with multiple firms reducing price targets and one key upgrade signaling support for the long term investment case.
お知らせ • Apr 24Hamilton Lane Incorporated to Report Q4, 2026 Results on May 21, 2026Hamilton Lane Incorporated announced that they will report Q4, 2026 results at 9:30 AM, US Eastern Standard Time on May 21, 2026
お知らせ • Apr 23Hamilton Lane Launches Credit Income Fund and Private Infrastructure FundHamilton Lane announced the launch of the Hamilton Lane Credit Income Fund and the conversion of the Hamilton Lane Private Infrastructure Fund to an interval fund structure. Structured as interval funds, HLCIF and HLPIF are designed to offer institutional and private wealth investors in the U.S. access to private market strategies with investor-friendly features, including 1099 tax reporting, quarterly limited liquidity, daily NAV pricing and investment minimums as low as $2,500 in certain share classes. Registered under the Investment Company Act of 1940, the interval funds aim to provide greater flexibility and accessibility to the asset class, while maintaining a conservative investment approach focused on risk management and volatility mitigation. Investors also benefit from quarterly repurchase offers, which seek to provide periodic liquidity without the extended lockups typically associated with closed-end vehicles. The firm's Credit Income Fund was declared effective by the SEC last month and has seen strong investor interest thus far, having already reached more than $350 million in commitments. HLCIF provides curated access to a diversified portfolio of middle-market senior loans, sourced through Hamilton Lane's global multi-manager platform rather than index-based exposure. HLCIF is supported by the firm's 20+ years of direct credit investing experience and its extensive global GP network. Initially launched in October 2024, the Hamilton Lane Private Infrastructure Fund, which has been converted to an interval fund structure, will continue its existing infrastructure strategy focused on co-investments and secondaries. Building on the firm's $90 billion platform and more than 25 years of experience in the infrastructure space, HLPIF seeks to capitalize on unique middle-market opportunities across the telecommunications, transportation, power & energy, environmental and renewables sectors. In addition, as part of Hamilton Lane's ongoing effort to modernize access to private markets through technology, HLPIF is now also available in a tokenized format via Republic's digital investment platform. Since launching its global evergreen platform in 2019, Hamilton Lane has built a suite of 12 funds representing nearly $18 billion in assets under management.
お知らせ • Apr 20Hamilton Lane Announces Executive Promotions, Effective April 1, 2026Hamilton Lane Incorporated announced senior promotions and new appointments across its Investment, Client Solutions, Portfolio Management, Legal, Finance and Operations Teams. The firm recognized the promotions of the following individuals to Managing Director: Anastasia Di Carlo, Client Solutions; Brian Reilly, Taft-Hartley; Emily Lozada, Investment Legal; Jan Verstraete, Secondary Investments; Kaylin Liu, Fund Accounting; Nelda Chang, Direct Equity Investments; Scott Thomas, Client Solutions; William Bannard, Portfolio Management Group. In addition, the firm promoted the following individuals to Principal: Agnieszka Lor, Account Execution; Charlotte Riley, Human Resources; Da Eun Kim, Client Solutions; Jeff Benson, Client Solutions; Jeff Straus, Secondary Investments; Jerome Kamm, Direct Equity Investments; Kristen McCarthy, Digital Business Transformation; Kyle McGinnis, Direct Equity Investments; Lauren Williamson, Client Solutions; Steve Caplan, Direct Equity Investments. All promotions were effective as of April 1, 2026. The firm also made a number of new appointments, including Christopher Alpaugh as Managing Director, Head of National Sales. Based in New York, his focus is on the development and execution of the firm's U.S. evergreen sales strategy, and he reports to Beth Nardi, Head of U.S. Private Wealth. In addition, Alexandre Hökfelt joined the firm as a Managing Director on the Direct Credit Investment team in London, where he oversees the firm's UK and European Direct Credit platform and leads investment sourcing and due diligence efforts. Hökfelt reports to Tom Kerr, Co-Head of Investments and Co-Head of Secondaries.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$107, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$202 per share.
ナラティブ更新 • Apr 10HLNE: Tokenized Credit Partnership And Higher Margins Will Support Future Premium P/EHamilton Lane's updated analyst price target has been reduced by about $13 per share, as analysts factor in slightly lower revenue growth expectations, a modestly lower future P/E multiple, and a somewhat higher projected profit margin. Analyst Commentary Recent research updates on Hamilton Lane show a mix of optimism and caution, with several price target changes in both directions over the past few months.
Price Target Changed • Apr 08Price target decreased by 8.0% to US$155Down from US$169, the current price target is an average from 7 analysts. New target price is 60% above last closing price of US$97.11. Stock is down 34% over the past year. The company posted earnings per share of US$5.45 last year.
ナラティブ更新 • Mar 26HLNE: Tokenized Credit Partnerships Will Support Future Premium Earnings MultipleHamilton Lane's updated analyst price target has been trimmed by about $4 to reflect a slightly lower fair value estimate and P/E assumption, even as analysts broadly incorporate mixed recent target revisions across the Street. Analyst Commentary Street research on Hamilton Lane over recent weeks has been active, with several analysts adjusting price targets in both directions.
Upcoming Dividend • Mar 13Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 06 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (2.3%).
ナラティブ更新 • Mar 07HLNE: Tokenized Private Credit Partnerships Will Support Future Premium Earnings PowerHamilton Lane's updated analyst price target reflects a mixed reset around $150, as some analysts trimmed expectations while others lifted their targets, citing differing views on valuation and earnings power assumptions. Analyst Commentary Recent research on Hamilton Lane clusters around the updated price targets, giving you a sense of where analysts see risk and opportunity concentrating around the $150 level.
Recent Insider Transactions • Feb 25Co-Chief Executive Officer & Director recently bought US$989k worth of stockOn the 20th of February, Juan Delgado-Moreira bought around 9k shares on-market at roughly US$107 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Juan has been a buyer over the last 12 months, purchasing a net total of US$2.0m worth in shares.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$101, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Capital Markets industry in the US. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$184 per share.
ナラティブ更新 • Feb 21HLNE: Tokenized Private Credit Partnerships Will Support Premium Future Earnings MultipleNarrative Update: Hamilton Lane The analyst fair value estimate for Hamilton Lane has been adjusted from about $181.14 to $172.86, reflecting recent Street research that includes a lower $150 price target from UBS alongside higher targets from other firms, with analysts citing updated expectations for valuation multiples and risk assumptions. Analyst Commentary Recent Street research on Hamilton Lane shows a mix of optimism about the company’s growth outlook and some caution around how much investors are willing to pay for that growth.
新しいナラティブ • Feb 19Evergreen Platform And Specialized Funds Will Reshape Long Term Private Markets Fee PowerCatalysts About Hamilton Lane Hamilton Lane is a global private markets investment manager that runs customized accounts and specialized funds for institutional and wealth clients. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Feb 06HLNE: Higher-Income Fee Streams Will Support Premium Future Earnings MultipleNarrative Update: Hamilton Lane Analyst Price Target Shift The analyst price target for Hamilton Lane has been revised higher by about $4. Analysts broadly point to updated assumptions around growth, profitability, and P/E, along with a recent series of target increases from firms such as Oppenheimer, Morgan Stanley, UBS, and Keefe Bruyette, as support for the change.
Declared Dividend • Feb 05Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 20th March 2026 Payment date: 6th April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
新しいナラティブ • Feb 05Evergreen And Technology Risks Will Challenge Private Markets Expansion Yet Ultimately Support Long-Term UpsideCatalysts About Hamilton Lane Hamilton Lane is a global private markets investment manager providing customized separate accounts, specialized funds and technology-enabled solutions for institutional and wealth clients. What are the underlying business or industry changes driving this perspective?
Reported Earnings • Feb 04Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: US$1.40 (up from US$1.33 in 3Q 2025). Revenue: US$198.6m (up 18% from 3Q 2025). Net income: US$58.4m (up 10% from 3Q 2025). Profit margin: 29% (down from 32% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 03Hamilton Lane Incorporated Declares a Quarterly Dividend, Payable on April 6, 2026Hamilton Lane Incorporated has declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on March 20, 2026 that will be paid on April 6, 2026. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.
ナラティブ更新 • Jan 23HLNE: Guardian Partnership And Evergreen Platform Will Support Durable Future Fee StreamsAnalysts have raised their price target on Hamilton Lane by about $20, reflecting higher fair value estimates and updated assumptions for revenue growth, profit margins, and future P/E multiples that are consistent with a series of recent target increases and an upgrade cited in Street research. Analyst Commentary Recent Street research on Hamilton Lane has clustered around higher price targets and one high profile upgrade, with analysts refining their views on how the business can execute on growth opportunities in alternatives while managing valuation risk.
お知らせ • Jan 13Hamilton Lane Incorporated to Report Q3, 2026 Results on Feb 03, 2026Hamilton Lane Incorporated announced that they will report Q3, 2026 results Pre-Market on Feb 03, 2026
お知らせ • Dec 16Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) acquired an unknown majority stake in Cold-Link Logistics, LLC.Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) acquired an unknown majority stake in Cold-Link Logistics, LLC on December 15, 2025. In addition to Slate and funds managed by Hamilton Lane, the acquisition was completed with the support of co-investment partners, including GFH Partners. As part of the transaction, Michael and Nick Mandich and other members of the current management team will maintain a meaningful stake in Cold-Link Logistics, LLC. JPMorgan Chase & Co. acted as financial advisor for Slate Asset Management LP. Ray Baltz and John Anderson of King & Spalding LLP acted as legal advisors for Slate Asset Management LP. Wells Fargo & Company acted as financial advisor for Cold-Link Logistics, LLC. Greenberg Traurig, LLP acted as legal advisor for Cold-Link Logistics, LLC. Haber Law, P.A. acted as legal advisor for Cold-Link Logistics, LLC. Slate Asset Management LP and Hamilton Lane Incorporated (NasdaqGS:HLNE) completed the acquisition of an unknown majority stake in Cold-Link Logistics, LLC on December 15, 2025.
Upcoming Dividend • Dec 12Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 19 December 2025. Payment date: 07 January 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.9%).
Recent Insider Transactions • Nov 12Co-CEO & Member of the Board recently bought US$1.0m worth of stockOn the 7th of November, Juan Delgado-Moreira bought around 8k shares on-market at roughly US$130 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Juan's only on-market trade for the last 12 months.
お知らせ • Nov 10Hamilton Lane Announces Management AppointmentsHamilton Lane announced multiple senior appointments to its North American client solutions team, supporting both institutional and private wealth outreach. Beth Nardi joins as Head of U.S. Private Wealth, setting strategic direction and overseeing the delivery of both evergreen and traditional private markets offerings tailored to the evolving needs of high-net-worth investors and their advisors. She brings more than two decades of experience in the asset management industry, most recently serving as Head of Enterprise Relationships for the Americas at JPMorgan Asset Management, where she led a team focused on strategic Registered Investment Adviser (RIA) partnerships. Additionally, Tim Jenkins and Russell Simon have recently joined the Client Solutions team as Managing Directors, with a focus on the institutional channel. Jenkins, based in New York City, is responsible for institutional clients in the Northeast region. Prior to joining the firm, he was a senior member of Eisler Capital's Capital Development and Investor Relations team. In addition, he previously held senior roles at Ashmore, Aviva Investors, Goldman Sachs and JP Morgan. Simon joined from CF Private Equity (CFPE), where he managed LP relationships in the western U.S., Canada and Japan. Prior to joining CFPE, he was a senior vice president at Allianz Global Investors. Simon is based in Hamilton Lane's San Francisco office and is responsible for leading institutional business development, client servicing and relationship management efforts in the western U.S. Further strengthening the team are Emily Mosquera, Jake Passero and Paul Schemel, who will focus on institutional outreach efforts, while Sizwe Kamra came on board with a focus on private wealth clients. Mosquera is driving institutional business development efforts in the Southeast U.S., Schemel supports institutional clients in the Western U.S., Passero supports institutional clients in the Northeast U.S., and Kamra is responsible for private wealth business development efforts in the Midwest region of the U.S. The teams are led by Mike Woollatt, Head of Americas Client Solutions.
Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: US$1.71 (vs US$1.39 in 2Q 2025)Second quarter 2026 results: EPS: US$1.71 (up from US$1.39 in 2Q 2025). Revenue: US$190.9m (up 27% from 2Q 2025). Net income: US$70.9m (up 29% from 2Q 2025). Profit margin: 37% (in line with 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.
お知らせ • Nov 04Hamilton Lane Incorporated Declares Quarterly Dividend, Payable on January 7, 2026Hamilton Lane Incorporated declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on December 19, 2025 that will be paid on January 7, 2026. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.
ナラティブ更新 • Nov 03HLNE: Expansion In Wealth Channel Will Drive Long-Term Asset GrowthHamilton Lane’s consensus analyst price target has been revised downward by $2.50 to $157.17. Analysts cite ongoing credit concerns affecting near-term valuations, despite continued growth prospects, particularly in wealth and private markets channels.
ナラティブ更新 • Oct 20Global Distribution And Diversified Funds Will Secure Future SuccessAnalysts have raised Hamilton Lane's price target slightly from $159.00 to $159.67, citing improved positioning in the Wealth channel and anticipated steady growth in its private market products as key drivers for the positive outlook. Analyst Commentary Recent research and updates reflect a dynamic outlook for Hamilton Lane, highlighting both opportunities and areas of caution as the firm navigates growth within the Wealth channel and private markets.
お知らせ • Oct 14Hamilton Lane Incorporated to Report Q2, 2026 Results on Nov 04, 2025Hamilton Lane Incorporated announced that they will report Q2, 2026 results Pre-Market on Nov 04, 2025
ナラティブ更新 • Oct 05Global Distribution And Diversified Funds Will Secure Future SuccessAnalysts have modestly reduced their price target for Hamilton Lane from $163.50 to $159.00. They cite steady yet slightly adjusted expectations for profit margins and discount rates, along with ongoing confidence in the company's wealth channel growth and net asset value outlook.
お知らせ • Oct 01Hamilton Lane Launches Global Venture Capital and Growth Evergreen FundHamilton Lane announced the launch of the Hamilton Lane Global Venture Capital and Growth Fund ("HLGVG" or "the Fund"), an evergreen investment vehicle focused on growth and venture opportunities in the private markets. The Fund is available to certain individual investors and their advisors, as well as institutional investors, in parts of Europe, Asia, Latin America and the Middle East, as well as in Australia, New Zealand and Canada. HLGVG offers investors access to the firm's global venture capital investment platform, which seeks to deliver strong performance by investing in disruptive technologies and innovative businesses. The Fund leverages Hamilton Lane's deep expertise in private markets co-investments and secondaries to access compelling deal flow. Structured as an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy and geography. With a focus on innovation, diversification and institutional-quality assets, the Fund seeks to address common barriers to entry in this dynamic space. It follows the launch of the firm's venture evergreen fund in the U.S. earlier this year. The Fund seeks to leverage Hamilton Lane's use of proprietary data, technology, and AI to support decision making and operational excellence. Hamilton Lane's track record of driving digital transformation within the industry, now under its HL Innovations initiative, includes strategic balance sheet investments in transformational investment technology, the development of its proprietary Cobalt platform and more.
ナラティブ更新 • Sep 20Global Distribution And Diversified Funds Will Secure Future SuccessThe upward revision in Hamilton Lane’s price target reflects improved revenue growth expectations alongside a notable decline in future P/E multiples, raising fair value from $160.25 to $163.50. What's in the News Hamilton Lane launched the Global Private Secondary Fund, an evergreen secondary vehicle targeting accredited and institutional investors across several regions, reaching over $365 million AUM at inception and nearly doubling its launch target.
Upcoming Dividend • Sep 12Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 19 September 2025. Payment date: 06 October 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.9%).
ナラティブ更新 • Sep 05Global Distribution And Diversified Funds Will Secure Future SuccessDespite a sharp decline in Hamilton Lane’s future P/E multiple, the consensus analyst price target remained unchanged at $160.25. What's in the News Hamilton Lane launched the Global Private Secondary Fund, an evergreen secondary investment vehicle targeting high-net-worth and institutional investors, surpassing its initial asset target with $365 million at inception.
お知らせ • Sep 03+ 2 more updatesHamilton Lane Launches Global Private Secondary FundHamilton Lane announced the launch of the Hamilton Lane Global Private Secondary Fund, an evergreen investment vehicle focused on the secondary market. The Fund is available to accredited high-net-worth investors and their advisors, as well as institutional investors, in parts of Europe, the Middle East, Asia and Latin America as well as in Canada. Driven by significant investor demand, the Fund has already reached commencement for more than $365 million in assets under management2, nearly doubling the launch target size. HLGPS seeks to provide investors with long-term capital appreciation primarily by building a diversified portfolio of secondary investments. The Fund offers access to high-quality private market investments diversified across strategies, industries, vintages and geography, in a single fund with quarterly limited liquidity. The Fund's strategy focuses on high quality middle market buyout funds and assets, with significant near-term distribution potential. It is also able to employ a flexible approach across secondary transaction types by leveraging Hamilton Lane's 24+ year experience in the secondary market and substantial capital deployment. In comparison to primary investments, secondary investments can typically present benefits such as diversification, J-curve mitigation, knowledge of underlying assets, increased pace of capital deployment and value through discounts.
Major Estimate Revision • Aug 12Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$701.1m to US$738.6m. EPS estimate increased from US$4.33 to US$4.90 per share. Net income forecast to grow 32% next year vs 19% growth forecast for Capital Markets industry in the US. Consensus price target up from US$153 to US$160. Share price was steady at US$159 over the past week.
Declared Dividend • Aug 07First quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 19th September 2025 Payment date: 6th October 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 7.2% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 06First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$1.30 (down from US$1.49 in 1Q 2025). Revenue: US$176.0m (down 11% from 1Q 2025). Net income: US$53.7m (down 8.9% from 1Q 2025). Profit margin: 31% (in line with 1Q 2025). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 05Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on October 6, 2025Hamilton Lane Incorporated has declared a quarterly dividend of $0.54 per share of Class A common stock to record holders at the close of business on September 19, 2025 that will be paid on October 6, 2025. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.
お知らせ • Jul 28Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025.
お知らせ • Jul 15Hamilton Lane Incorporated to Report Q1, 2026 Results on Aug 05, 2025Hamilton Lane Incorporated announced that they will report Q1, 2026 results on Aug 05, 2025
お知らせ • Jul 02Hamilton Lane Launches First Asia-Focused Private Markets Evergreen Offering to Enable Access to Targeted Opportunities Across the RegionHamilton Lane announced the launch of its Asia Private Assets Fund, a pioneering semi-liquid vehicle that aims to provide private wealth and institutional investors with diversified access to Asia's private markets landscape. HLAPA seeks to provide investors with diversified, attractive return exposure to Asia's private markets, focusing on private equity through direct investments and secondaries. By leveraging Hamilton Lane's more than 15 years of experience investing across Asia, as well as the firm's extensive regional network and established, flexible evergreen structure, the Fund aims to capitalize on Asia's macroeconomic tailwinds and deliver quality risk-adjusted returns. Key features of the Fund include: A flexible portfolio construction, allowing it to adapt to market dynamics and designed to optimize risk-adjusted returns across innovative growth investments and mature buyout deals; Access to investments alongside top-tier fund managers across Asia, including deep relationships with what Hamilton Lane believes are premiere GPs across Australia, Japan, Korea, India, Southeast Asia and China; An open-ended, flexible structure that provides immediate capital deployment without capital calls, along with lower minimum investments compared to traditional drawdown funds, monthly subscriptions and the potential for limited quarterly liquidity subject to the Fund's terms and conditions. The Hamilton Lane Asia Private Assets Fund is the latest addition to the firm's broader $11 billion AUM Evergreen Platform, which first launched in 2019 and includes nine funds across multiple strategies.
お知らせ • Jun 30+ 3 more updatesHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 2000 Growth IndexHamilton Lane Incorporated(NasdaqGS:HLNE) dropped from Russell 2000 Growth Index
Upcoming Dividend • Jun 16Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 20 June 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.1%).
Declared Dividend • Jun 02Fourth quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 20th June 2025 Payment date: 7th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$5.45 (up from US$3.72 in FY 2024). Revenue: US$713.0m (up 29% from FY 2024). Net income: US$217.4m (up 54% from FY 2024). Profit margin: 31% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 29Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Shares, Payable on July 7, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.54 per share of Class A common stock to record holders on June 20, 2025 that will be paid on July 7, 2025. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year dividend.
お知らせ • May 08Hamilton Lane Incorporated to Report Q4, 2025 Results on May 29, 2025Hamilton Lane Incorporated announced that they will report Q4, 2025 results Pre-Market on May 29, 2025
お知らせ • May 06Hamilton Lane Incorporated Launches U.S. Venture Capital and Growth Evergreen FundHamilton Lane Incorporated announced the launch of the Hamilton Lane Venture Capital and Growth Fund ("HLVCG" or "the Fund"), a continuously offered evergreen investment vehicle registered under the Investment Act of 1940 ("40 Act"), available to accredited U.S. investor clients, including high-net-worth investors and their advisors, as well as institutional investors. HVCG offers investors in the U.S. access to the firm's global venture capital investment platform with what the firm believes to be a high-quality portfolio. The Fund aims to deliver strong returns by investing in disruptive technologies and innovative companies, while leveraging Hamilton Lane's deep expertise in private markets co-investments and secondaries to access compelling deal flow. Structured as an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy and geography. With a focus on innovation, diversification and institutional-quality assets, the Fund seeks to address common barriers to entry in this dynamic space. It aims to provide investors with upfront capital deployment, flexible liquidity options and exposure to curated opportunities alongside what Hamilton Lane believes are top-tier managers. An investment in the Fund is generally subject to market risk, including the loss of the entire principal amount invested. An investment in the Fund represents an indirect investment in the securities owned by the Fund. Shares are appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment and for whom an investment in the Fund does not constitute a complete investment program and should be viewed as a long-term investment. The Fund may engage in the use of leverage, hedging, and other speculative investment practices that may accelerate losses. Although the Fund is allocated across sectors and asset classes, it is a non-diversified fund and subject to risks associated with concentrated investments in a specific industry or sector and therefore may be subject to greater volatility than a more diversified investment. Certain investments in the Fund are illiquid making it difficult to sell these securities and possibly requiring the Fund to sell at an unfavorable time or price. The value of certain Fund investments, in particular non-traded investment vehicles, will be difficult to determine and the valuations provided will likely vary from the amounts the Fund would receive upon sale or disposition of its investments. Some of the companies in which venture capital funds invest, directly or indirectly, will not perform as expected. Business risks may be more significant in smaller Portfolio Funds or those that are embarking on a build-up or operating turnaround strategy. There are no limitations imposed by Hamilton Lane Advisors, LLC. as to the amount of Fund assets that may be invested in any one issuer in the technology sector. Accordingly, the Fund's investment portfolio may at times be significantly concentrated, both as to managers, industry and individual companies. Such concentration could offer a greater potential for capital appreciation as well as increased risk of loss. Such concentration may also be expected to increase the volatility of the Fund's investment portfolio. The Fund's concentration in these investments may present more risks than if it were more broadly diversified over numerous industries and sectors of the economy. Early-stage companies may never obtain necessary financing, may rely on untested business plans, may not be successful in developing markets for their products or services, and may remain an insignificant part of their industry, and as such may never be profitable. Stocks of early-stage companies may be profitable. Stock of early- stage companies may be in early-stage companies may be in the future.
Price Target Changed • Apr 29Price target decreased by 7.9% to US$154Down from US$167, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of US$155. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$5.00 for next year compared to US$3.72 last year.
Price Target Changed • Apr 16Price target decreased by 7.5% to US$155Down from US$168, the current price target is an average from 6 analysts. New target price is 15% above last closing price of US$135. Stock is up 23% over the past year. The company is forecast to post earnings per share of US$5.00 for next year compared to US$3.72 last year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$127, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Capital Markets industry in the US. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$74.06 per share.
Buy Or Sell Opportunity • Mar 12Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to US$141. The fair value is estimated to be US$117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.
