View ValuationHamilton Lane 향후 성장Future 기준 점검 5/6Hamilton Lane (는) 각각 연간 23% 및 14.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 30.5% 로 예상됩니다.핵심 정보23.0%이익 성장률10.75%EPS 성장률Capital Markets 이익 성장11.1%매출 성장률14.5%향후 자기자본이익률30.51%애널리스트 커버리지Good마지막 업데이트22 May 2026최근 향후 성장 업데이트Price 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.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.분석 기사 • Aug 08Earnings Beat: Hamilton Lane Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsNasdaqGS:HLNE 1 Year Share Price vs Fair Value Explore Hamilton Lane's Fair Values from the Community and select yours...분석 기사 • Jun 01Hamilton Lane Incorporated Just Beat EPS By 8.2%: Here's What Analysts Think Will Happen NextHamilton Lane Incorporated ( NASDAQ:HLNE ) defied analyst predictions to release its yearly results, which were ahead...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.모든 업데이트 보기Recent updatesReported Earnings • 2hFull 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.속보 • May 21Hamilton Lane Raises Dividend and Buyback as Shares Fall and Insiders Buy InHamilton Lane is scheduled to report Q4 FY2026 earnings on May 21, with analysts expecting EPS between $1.41 and $1.44 and revenue around $201 million. Management and advisory fees from specialized funds and customized separate accounts are expected to support growth, while incentive fee revenues are expected to soften. The company announced an 11% increase in its quarterly dividend to $0.60 per Class A share and lifted its stock repurchase authorization to $100 million, with no share count or time limit. Over the past six months, Hamilton Lane’s stock has fallen nearly 32%, while insiders have purchased about $4.2 million of stock in the past three months, and some research views the shares as substantially undervalued with a GF Score of 80/100. Taken together, the earnings expectations, higher dividend and expanded buyback signal management’s confidence in the business at a time when the stock has already seen a sharp pullback. You should watch how the mix between recurring fees and more volatile incentive fees plays out in the upcoming report, as well as whether insider buying continues if the volatility in the share price persists.내러티브 업데이트 • 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.공시 • 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.내러티브 업데이트 • 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.공시 • 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, 2026공시 • 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.공시 • 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.내러티브 업데이트 • 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.Seeking Alpha • Apr 10Hamilton Lane: Dip In Price, Not In ValueSummary Hamilton Lane remains fundamentally strong, with Q3 2026 revenue up 18% and non-GAAP EPS up 24% year-over-year. HLNE trades at a forward P/E of 15.8, a 31% discount to its estimated fair value of $145 per share. Dividend yield stands at 2.2% with a high-30% payout ratio, supporting continued 10%+ annual dividend growth. Despite short-term sentiment-driven declines, HLNE offers attractive long-term total return potential for patient investors. Read the full article on Seeking AlphaPrice 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.내러티브 업데이트 • 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%).내러티브 업데이트 • 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.내러티브 업데이트 • 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.새로운 내러티브 • 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?내러티브 업데이트 • 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.새로운 내러티브 • 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.공시 • 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.내러티브 업데이트 • 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.공시 • 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, 2026공시 • 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.공시 • 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.공시 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공시 • 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, 2025내러티브 업데이트 • 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.공시 • 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.내러티브 업데이트 • 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%).내러티브 업데이트 • 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.공시 • 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.분석 기사 • Aug 08Earnings Beat: Hamilton Lane Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsNasdaqGS:HLNE 1 Year Share Price vs Fair Value Explore Hamilton Lane's Fair Values from the Community and select yours...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.공시 • 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.공시 • Jul 28Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025.공시 • 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, 2025공시 • 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.공시 • 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.분석 기사 • Jun 01Hamilton Lane Incorporated Just Beat EPS By 8.2%: Here's What Analysts Think Will Happen NextHamilton Lane Incorporated ( NASDAQ:HLNE ) defied analyst predictions to release its yearly results, which were ahead...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.분석 기사 • May 30Hamilton Lane Dividend Hike Raises New Questions About Earnings Trajectory And The Investment CaseHamilton Lane declared a quarterly dividend of US$0.54 per share, marking a 10% increase in its target full-year payout, and released mixed earnings, reporting strong annual revenue and net income growth but relatively flat quarterly earnings per share.공시 • 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.공시 • 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, 2025공시 • 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.Upcoming Dividend • Mar 07Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 04 April 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.0%).공시 • Mar 03Hamilton Lane Launches Private Secondary Fund in the U.S., Further Expanding Global Evergreen PlatformHamilton Lane announced the launch of the Hamilton Lane Private Secondary Fund ("HLPSF" or "the Fund"), a continuously offered evergreen investment vehicle registered under the Investment Company Act of 1940 ("40 Act"), available to U.S. accredited investor clients, including sufficiently qualified high-net-worth investors and their wealth advisors. HLPSF offers private wealth and institutional investors across the U.S. access to the firm's market-leading secondary investment platform. It seeks to provide favorable risk-adjusted returns with strong downside protection through a portfolio of what the firm believes to be high-quality companies and assets diversified across sponsors, strategies, industries, vintages and geographies. Key features of the Fund include: The potential for quarterly liquidity and investment minimums as low as $25K, Immediate access to a portfolio of mature private equity investments which are believed to be poised for value creation, and A focus on [partially to fully funded] secondary investments with strong visibility and liquidity profiles to produce attractive returns with reduced risk. 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 extensive experience and substantial capital deployment. The Fund is uniquely positioned to prioritize both entry discounts and long-term appreciation.공시 • Feb 11Hamilton Lane Incorporated has completed a Follow-on Equity Offering in the amount of $252 million.Hamilton Lane Incorporated has completed a Follow-on Equity Offering in the amount of $252 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,572,536 Price\Range: $160.250703 Security Features: Closed-End FundSeeking Alpha • Feb 11Hamilton Lane Q3 Earnings: Slowing Momentum, But Shares Remain ExpensiveSummary Q3 results showed revenue up 34% year over year, coupled with strong overall profitability, both benefiting from higher incentive fees. Underlying growth in assets under management/advisement was muted, up just 6% year over year. While growth is expected to slowdown in the coming quarters, shares remain richly valued at 34.6 times earnings. The high valuation, coupled with the risks I see, lead me to maintain a Hold rating. Read the full article on Seeking Alpha공시 • Feb 11Hamilton Lane Incorporated has filed a Follow-on Equity Offering.Hamilton Lane Incorporated has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,572,536 Security Features: Closed-End FundDeclared Dividend • Feb 06Third quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 14th March 2025 Payment date: 4th April 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 14% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 04Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.33 (up from US$0.52 in 3Q 2024). Revenue: US$168.3m (up 34% from 3Q 2024). Net income: US$53.0m (up 172% from 3Q 2024). Profit margin: 32% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 04Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on April 4, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on March 14, 2025 that will be paid on April 4, 2025. The target full-year dividend of $1.96 represents a 10% increase from the prior fiscal year dividend.Price Target Changed • Jan 16Price target decreased by 8.3% to US$163Down from US$177, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of US$150. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$4.77 for next year compared to US$3.72 last year.공시 • Jan 14Hamilton Lane Incorporated to Report Q3, 2025 Results on Feb 04, 2025Hamilton Lane Incorporated announced that they will report Q3, 2025 results Pre-Market on Feb 04, 2025Price Target Changed • Jan 06Price target decreased by 7.8% to US$177Down from US$192, the current price target is an average from 6 analysts. New target price is 21% above last closing price of US$147. Stock is up 33% over the past year. The company is forecast to post earnings per share of US$4.78 for next year compared to US$3.72 last year.Upcoming Dividend • Dec 09Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.8%).New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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. This is currently the only risk that has been identified for the company.새로운 내러티브 • Nov 10Calculated Partnerships And Innovative Products Drive Dynamic Revenue Growth Inclusion in S&P MidCap 400 Index may boost visibility, attracting broader investor base and increasing stock demand and revenue.Reported Earnings • Nov 07Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$1.39 (up from US$1.11 in 2Q 2024). Revenue: US$150.0m (up 18% from 2Q 2024). Net income: US$55.0m (up 31% from 2Q 2024). Profit margin: 37% (up from 33% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 27%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.공시 • Nov 07+ 1 more updateHamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on January 7, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on December 16, 2024 that will be paid on January 7, 2025.Seeking Alpha • Oct 30Hamilton Lane: Premium Valuation Driven By Positive Trends In The Private MarketSummary Shares have doubled over the past year, reflecting strong business momentum with solid growth and improving margins. The outlook remains promising, with several growth drivers expected to sustain revenue growth in the high teens. Currently, shares are trading at 34.5 times my earnings estimate for FY25, a premium compared to both its five-year average multiple and its peers. Consequently, I rate the shares as a Hold. Read the full article on Seeking Alpha공시 • Oct 16Hamilton Lane Incorporated to Report Q2, 2025 Results on Nov 06, 2024Hamilton Lane Incorporated announced that they will report Q2, 2025 results Pre-Market on Nov 06, 2024Price Target Changed • Oct 10Price target increased by 11% to US$161Up from US$145, the current price target is an average from 6 analysts. New target price is 6.9% below last closing price of US$173. Stock is up 98% over the past year. The company posted earnings per share of US$3.72 last year.공시 • Oct 08Hamilton Lane Incorporated Launches Two New Evergreen FundsHamilton Lane announced the launch of the two new evergreen funds, offering expanded access to private market infrastructure investments to accredited investors around the world. The Hamilton LaneGlobal Private Infrastructure Fund ("HLGPI") is available to qualified investors, including high-net-worth (HNW) investors and their wealth advisors in EMEA, Australia, Canada, Latin America and Southeast Asia. The Hamilton LanePrivate Infrastructure Fund (HLPIF) is a continuously offered closed-end investment vehicle registered under the Securities Act of 1933 and the Investment Company Act of 1940 ("40 Act") and is available to U.S. clients, including HNW investors and their wealth advisors. HLGPI and HLPIF are total return strategies, targeting both capital appreciation and income, designed to provide exposure to an institutional-quality, global portfolio of infrastructure assets through a single investment. With a focus on identifying and capturing strategic opportunities in the infrastructure space, including direct co-investment and secondary investments, the Funds aim to deliver attractive returns and downside protection, paired with liquidity in the form of monthly or quarterly redemptions. The Funds' diversified portfolios focus on core plus and value add infrastructure assets that share the traditional characteristics of infrastructure, including high barriers to entry and durable cash flows through contracted revenue streams, as well as the potential for inflation-hedging qualities, competitive total returns with potential downside protection, income yield and portfolio diversification. Both HLGPI and HLPIF seek to capitalize on unique opportunities across the power, transportation, data and telecommunications, environmental and energy sectors.New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Sep 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to US$152. The fair value is estimated to be US$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.2% in a year. Earnings are forecast to grow by 39% in the next year.Upcoming Dividend • Sep 09Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 41% and the cash payout ratio is 81%. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.2%).Price Target Changed • Aug 21Price target increased by 7.3% to US$142Up from US$132, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 59% over the past year. The company posted earnings per share of US$3.72 last year.Buy Or Sell Opportunity • Aug 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to US$145. The fair value is estimated to be US$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.2% in a year. Earnings are forecast to grow by 39% in the next year.Declared Dividend • Aug 09First quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 16th September 2024 Payment date: 4th October 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 16% per year over the past 7 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.Reported Earnings • Aug 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.49 (up from US$0.82 in 1Q 2024). Revenue: US$196.7m (up 57% from 1Q 2024). Net income: US$59.0m (up 90% from 1Q 2024). Profit margin: 30% (up from 25% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 8.5% 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 fallen by 5% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.이익 및 매출 성장 예측NasdaqGS:HLNE - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,144N/AN/AN/A13/31/20281,051404N/AN/A53/31/2027886357N/AN/A63/31/2026759249419425N/A12/31/2025763234354361N/A9/30/2025733228341352N/A6/30/2025692212340350N/A3/31/2025713217291301N/A12/31/2024692215275283N/A9/30/2024649182177182N/A6/30/2024626169136143N/A3/31/2024554141113121N/A12/31/2023490124104112N/A9/30/2023492116200206N/A6/30/2023518110218224N/A3/31/2023529113222227N/A12/31/202251796226230N/A9/30/2022481138237241N/A6/30/2022424153192198N/A3/31/2022368147161170N/A12/31/2021370168175193N/A9/30/2021363148158182N/A6/30/2021351118150173N/A3/31/202134293169188N/A12/31/202031679142156N/A9/30/202029959133140N/A6/30/202027953124130N/A3/31/202027461110116N/A12/31/201926448N/A113N/A9/30/201926240N/A105N/A6/30/201925436N/A107N/A3/31/201925234N/A112N/A12/31/201826339N/A108N/A9/30/201826227N/A107N/A6/30/201825521N/A105N/A3/31/201824417N/A97N/A12/31/20172134N/A99N/A9/30/201719011N/A100N/A6/30/20171936N/A93N/A3/31/20171801N/A82N/A12/31/2016174-41N/A65N/A9/30/2016187-20N/A62N/A6/30/2016175-23N/A100N/A3/31/2016181N/AN/A109N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: HLNE 의 연간 예상 수익 증가율(23%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: HLNE 의 연간 수익(23%)이 US 시장(16.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: HLNE 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: HLNE 의 수익(연간 14.5%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: HLNE 의 수익(연간 14.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: HLNE의 자본 수익률은 3년 후 30.5%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 00:48종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hamilton Lane Incorporated는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brennan HawkenBMO Capital Markets Equity ResearchAlexander BlosteinGoldman SachsAlexander BlosteinGoldman Sachs7명의 분석가 더 보기
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.
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.
분석 기사 • Aug 08Earnings Beat: Hamilton Lane Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsNasdaqGS:HLNE 1 Year Share Price vs Fair Value Explore Hamilton Lane's Fair Values from the Community and select yours...
분석 기사 • Jun 01Hamilton Lane Incorporated Just Beat EPS By 8.2%: Here's What Analysts Think Will Happen NextHamilton Lane Incorporated ( NASDAQ:HLNE ) defied analyst predictions to release its yearly results, which were ahead...
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.
Reported Earnings • 2hFull 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.
속보 • May 21Hamilton Lane Raises Dividend and Buyback as Shares Fall and Insiders Buy InHamilton Lane is scheduled to report Q4 FY2026 earnings on May 21, with analysts expecting EPS between $1.41 and $1.44 and revenue around $201 million. Management and advisory fees from specialized funds and customized separate accounts are expected to support growth, while incentive fee revenues are expected to soften. The company announced an 11% increase in its quarterly dividend to $0.60 per Class A share and lifted its stock repurchase authorization to $100 million, with no share count or time limit. Over the past six months, Hamilton Lane’s stock has fallen nearly 32%, while insiders have purchased about $4.2 million of stock in the past three months, and some research views the shares as substantially undervalued with a GF Score of 80/100. Taken together, the earnings expectations, higher dividend and expanded buyback signal management’s confidence in the business at a time when the stock has already seen a sharp pullback. You should watch how the mix between recurring fees and more volatile incentive fees plays out in the upcoming report, as well as whether insider buying continues if the volatility in the share price persists.
내러티브 업데이트 • 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.
공시 • 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.
내러티브 업데이트 • 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.
공시 • 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
공시 • 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.
공시 • 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.
내러티브 업데이트 • 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.
Seeking Alpha • Apr 10Hamilton Lane: Dip In Price, Not In ValueSummary Hamilton Lane remains fundamentally strong, with Q3 2026 revenue up 18% and non-GAAP EPS up 24% year-over-year. HLNE trades at a forward P/E of 15.8, a 31% discount to its estimated fair value of $145 per share. Dividend yield stands at 2.2% with a high-30% payout ratio, supporting continued 10%+ annual dividend growth. Despite short-term sentiment-driven declines, HLNE offers attractive long-term total return potential for patient investors. Read the full article on Seeking Alpha
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.
내러티브 업데이트 • 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%).
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
새로운 내러티브 • 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?
내러티브 업데이트 • 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.
새로운 내러티브 • 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.
공시 • 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.
내러티브 업데이트 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공시 • 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
내러티브 업데이트 • 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.
공시 • 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.
내러티브 업데이트 • 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%).
내러티브 업데이트 • 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.
공시 • 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.
분석 기사 • Aug 08Earnings Beat: Hamilton Lane Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsNasdaqGS:HLNE 1 Year Share Price vs Fair Value Explore Hamilton Lane's Fair Values from the Community and select yours...
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.
공시 • 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.
공시 • Jul 28Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025.
공시 • 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
공시 • 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.
공시 • 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.
분석 기사 • Jun 01Hamilton Lane Incorporated Just Beat EPS By 8.2%: Here's What Analysts Think Will Happen NextHamilton Lane Incorporated ( NASDAQ:HLNE ) defied analyst predictions to release its yearly results, which were ahead...
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.
분석 기사 • May 30Hamilton Lane Dividend Hike Raises New Questions About Earnings Trajectory And The Investment CaseHamilton Lane declared a quarterly dividend of US$0.54 per share, marking a 10% increase in its target full-year payout, and released mixed earnings, reporting strong annual revenue and net income growth but relatively flat quarterly earnings per share.
공시 • 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.
공시 • 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
공시 • 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.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 04 April 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.0%).
공시 • Mar 03Hamilton Lane Launches Private Secondary Fund in the U.S., Further Expanding Global Evergreen PlatformHamilton Lane announced the launch of the Hamilton Lane Private Secondary Fund ("HLPSF" or "the Fund"), a continuously offered evergreen investment vehicle registered under the Investment Company Act of 1940 ("40 Act"), available to U.S. accredited investor clients, including sufficiently qualified high-net-worth investors and their wealth advisors. HLPSF offers private wealth and institutional investors across the U.S. access to the firm's market-leading secondary investment platform. It seeks to provide favorable risk-adjusted returns with strong downside protection through a portfolio of what the firm believes to be high-quality companies and assets diversified across sponsors, strategies, industries, vintages and geographies. Key features of the Fund include: The potential for quarterly liquidity and investment minimums as low as $25K, Immediate access to a portfolio of mature private equity investments which are believed to be poised for value creation, and A focus on [partially to fully funded] secondary investments with strong visibility and liquidity profiles to produce attractive returns with reduced risk. 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 extensive experience and substantial capital deployment. The Fund is uniquely positioned to prioritize both entry discounts and long-term appreciation.
공시 • Feb 11Hamilton Lane Incorporated has completed a Follow-on Equity Offering in the amount of $252 million.Hamilton Lane Incorporated has completed a Follow-on Equity Offering in the amount of $252 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,572,536 Price\Range: $160.250703 Security Features: Closed-End Fund
Seeking Alpha • Feb 11Hamilton Lane Q3 Earnings: Slowing Momentum, But Shares Remain ExpensiveSummary Q3 results showed revenue up 34% year over year, coupled with strong overall profitability, both benefiting from higher incentive fees. Underlying growth in assets under management/advisement was muted, up just 6% year over year. While growth is expected to slowdown in the coming quarters, shares remain richly valued at 34.6 times earnings. The high valuation, coupled with the risks I see, lead me to maintain a Hold rating. Read the full article on Seeking Alpha
공시 • Feb 11Hamilton Lane Incorporated has filed a Follow-on Equity Offering.Hamilton Lane Incorporated has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,572,536 Security Features: Closed-End Fund
Declared Dividend • Feb 06Third quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 14th March 2025 Payment date: 4th April 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 14% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 04Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.33 (up from US$0.52 in 3Q 2024). Revenue: US$168.3m (up 34% from 3Q 2024). Net income: US$53.0m (up 172% from 3Q 2024). Profit margin: 32% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 04Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on April 4, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on March 14, 2025 that will be paid on April 4, 2025. The target full-year dividend of $1.96 represents a 10% increase from the prior fiscal year dividend.
Price Target Changed • Jan 16Price target decreased by 8.3% to US$163Down from US$177, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of US$150. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$4.77 for next year compared to US$3.72 last year.
공시 • Jan 14Hamilton Lane Incorporated to Report Q3, 2025 Results on Feb 04, 2025Hamilton Lane Incorporated announced that they will report Q3, 2025 results Pre-Market on Feb 04, 2025
Price Target Changed • Jan 06Price target decreased by 7.8% to US$177Down from US$192, the current price target is an average from 6 analysts. New target price is 21% above last closing price of US$147. Stock is up 33% over the past year. The company is forecast to post earnings per share of US$4.78 for next year compared to US$3.72 last year.
Upcoming Dividend • Dec 09Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.8%).
New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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. This is currently the only risk that has been identified for the company.
새로운 내러티브 • Nov 10Calculated Partnerships And Innovative Products Drive Dynamic Revenue Growth Inclusion in S&P MidCap 400 Index may boost visibility, attracting broader investor base and increasing stock demand and revenue.
Reported Earnings • Nov 07Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$1.39 (up from US$1.11 in 2Q 2024). Revenue: US$150.0m (up 18% from 2Q 2024). Net income: US$55.0m (up 31% from 2Q 2024). Profit margin: 37% (up from 33% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 27%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
공시 • Nov 07+ 1 more updateHamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on January 7, 2025Hamilton Lane Incorporated declared a quarterly dividend of $0.49 per share of Class A common stock to record holders at the close of business on December 16, 2024 that will be paid on January 7, 2025.
Seeking Alpha • Oct 30Hamilton Lane: Premium Valuation Driven By Positive Trends In The Private MarketSummary Shares have doubled over the past year, reflecting strong business momentum with solid growth and improving margins. The outlook remains promising, with several growth drivers expected to sustain revenue growth in the high teens. Currently, shares are trading at 34.5 times my earnings estimate for FY25, a premium compared to both its five-year average multiple and its peers. Consequently, I rate the shares as a Hold. Read the full article on Seeking Alpha
공시 • Oct 16Hamilton Lane Incorporated to Report Q2, 2025 Results on Nov 06, 2024Hamilton Lane Incorporated announced that they will report Q2, 2025 results Pre-Market on Nov 06, 2024
Price Target Changed • Oct 10Price target increased by 11% to US$161Up from US$145, the current price target is an average from 6 analysts. New target price is 6.9% below last closing price of US$173. Stock is up 98% over the past year. The company posted earnings per share of US$3.72 last year.
공시 • Oct 08Hamilton Lane Incorporated Launches Two New Evergreen FundsHamilton Lane announced the launch of the two new evergreen funds, offering expanded access to private market infrastructure investments to accredited investors around the world. The Hamilton LaneGlobal Private Infrastructure Fund ("HLGPI") is available to qualified investors, including high-net-worth (HNW) investors and their wealth advisors in EMEA, Australia, Canada, Latin America and Southeast Asia. The Hamilton LanePrivate Infrastructure Fund (HLPIF) is a continuously offered closed-end investment vehicle registered under the Securities Act of 1933 and the Investment Company Act of 1940 ("40 Act") and is available to U.S. clients, including HNW investors and their wealth advisors. HLGPI and HLPIF are total return strategies, targeting both capital appreciation and income, designed to provide exposure to an institutional-quality, global portfolio of infrastructure assets through a single investment. With a focus on identifying and capturing strategic opportunities in the infrastructure space, including direct co-investment and secondary investments, the Funds aim to deliver attractive returns and downside protection, paired with liquidity in the form of monthly or quarterly redemptions. The Funds' diversified portfolios focus on core plus and value add infrastructure assets that share the traditional characteristics of infrastructure, including high barriers to entry and durable cash flows through contracted revenue streams, as well as the potential for inflation-hedging qualities, competitive total returns with potential downside protection, income yield and portfolio diversification. Both HLGPI and HLPIF seek to capitalize on unique opportunities across the power, transportation, data and telecommunications, environmental and energy sectors.
New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Sep 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to US$152. The fair value is estimated to be US$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.2% in a year. Earnings are forecast to grow by 39% in the next year.
Upcoming Dividend • Sep 09Upcoming dividend of US$0.49 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 41% and the cash payout ratio is 81%. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.2%).
Price Target Changed • Aug 21Price target increased by 7.3% to US$142Up from US$132, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$145. Stock is up 59% over the past year. The company posted earnings per share of US$3.72 last year.
Buy Or Sell Opportunity • Aug 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to US$145. The fair value is estimated to be US$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.2% in a year. Earnings are forecast to grow by 39% in the next year.
Declared Dividend • Aug 09First quarter dividend of US$0.49 announcedShareholders will receive a dividend of US$0.49. Ex-date: 16th September 2024 Payment date: 4th October 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 16% per year over the past 7 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
Reported Earnings • Aug 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.49 (up from US$0.82 in 1Q 2024). Revenue: US$196.7m (up 57% from 1Q 2024). Net income: US$59.0m (up 90% from 1Q 2024). Profit margin: 30% (up from 25% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 8.5% 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 fallen by 5% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
