Live nieuws • May 21
Hamilton Lane Raises Dividend and Buyback as Shares Fall and Insiders Buy In Hamilton 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. Aankondiging • Apr 30
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. 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. Aankondiging • Apr 24
Hamilton Lane Incorporated to Report Q4, 2026 Results on May 21, 2026 Hamilton Lane Incorporated announced that they will report Q4, 2026 results at 9:30 AM, US Eastern Standard Time on May 21, 2026 Aankondiging • Apr 23
Hamilton Lane Launches Credit Income Fund and Private Infrastructure Fund Hamilton 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. Aankondiging • Apr 20
Hamilton Lane Announces Executive Promotions, Effective April 1, 2026 Hamilton 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 17
Investor 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. Price Target Changed • Apr 08
Price target decreased by 8.0% to US$155 Down 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. Upcoming Dividend • Mar 13
Upcoming dividend of US$0.54 per share Eligible 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%). Recent Insider Transactions • Feb 25
Co-Chief Executive Officer & Director recently bought US$989k worth of stock On 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 23
Investor 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. Declared Dividend • Feb 05
Third quarter dividend of US$0.54 announced Shareholders 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. Reported Earnings • Feb 04
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third 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. Aankondiging • Feb 03
Hamilton Lane Incorporated Declares a Quarterly Dividend, Payable on April 6, 2026 Hamilton 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. Aankondiging • Jan 13
Hamilton Lane Incorporated to Report Q3, 2026 Results on Feb 03, 2026 Hamilton Lane Incorporated announced that they will report Q3, 2026 results Pre-Market on Feb 03, 2026 Aankondiging • Dec 16
Slate 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 12
Upcoming dividend of US$0.54 per share Eligible 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 12
Co-CEO & Member of the Board recently bought US$1.0m worth of stock On 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. Aankondiging • Nov 10
Hamilton Lane Announces Management Appointments Hamilton 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 05
Second 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. Aankondiging • Nov 04
Hamilton Lane Incorporated Declares Quarterly Dividend, Payable on January 7, 2026 Hamilton 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. Aankondiging • Oct 14
Hamilton Lane Incorporated to Report Q2, 2026 Results on Nov 04, 2025 Hamilton Lane Incorporated announced that they will report Q2, 2026 results Pre-Market on Nov 04, 2025 Aankondiging • Oct 01
Hamilton Lane Launches Global Venture Capital and Growth Evergreen Fund Hamilton 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. Upcoming Dividend • Sep 12
Upcoming dividend of US$0.54 per share Eligible 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%). Major Estimate Revision • Aug 12
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$701.1m to US$738.6m. EPS estimate increased from US$4.33 to US$4.90 per share. Net income forecast to grow 32% next year vs 19% growth forecast for Capital Markets industry in the US. Consensus price target up from US$153 to US$160. Share price was steady at US$159 over the past week. Declared Dividend • Aug 07
First quarter dividend of US$0.54 announced Shareholders 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 06
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First 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. Aankondiging • Aug 05
Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on October 6, 2025 Hamilton 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. Aankondiging • Jul 28
Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025 Hamilton Lane Incorporated, Annual General Meeting, Sep 04, 2025. Aankondiging • Jul 15
Hamilton Lane Incorporated to Report Q1, 2026 Results on Aug 05, 2025 Hamilton Lane Incorporated announced that they will report Q1, 2026 results on Aug 05, 2025 Aankondiging • Jul 02
Hamilton Lane Launches First Asia-Focused Private Markets Evergreen Offering to Enable Access to Targeted Opportunities Across the Region Hamilton 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. Upcoming Dividend • Jun 16
Upcoming dividend of US$0.54 per share Eligible 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 02
Fourth quarter dividend of US$0.54 announced Shareholders will receive a dividend of US$0.54. Ex-date: 20th June 2025 Payment date: 7th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 30
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full 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. Aankondiging • May 29
Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Shares, Payable on July 7, 2025 Hamilton 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. Aankondiging • May 08
Hamilton Lane Incorporated to Report Q4, 2025 Results on May 29, 2025 Hamilton Lane Incorporated announced that they will report Q4, 2025 results Pre-Market on May 29, 2025 Aankondiging • May 06
Hamilton Lane Incorporated Launches U.S. Venture Capital and Growth Evergreen Fund Hamilton 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 29
Price target decreased by 7.9% to US$154 Down 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 16
Price target decreased by 7.5% to US$155 Down 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 08
Investor 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 12
Now 21% overvalued Over 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 07
Upcoming dividend of US$0.49 per share Eligible 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%). Aankondiging • Mar 03
Hamilton Lane Launches Private Secondary Fund in the U.S., Further Expanding Global Evergreen Platform Hamilton 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. Aankondiging • Feb 11
Hamilton 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 Aankondiging • Feb 11
Hamilton 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 06
Third quarter dividend of US$0.49 announced Shareholders 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 04
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third 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. Aankondiging • Feb 04
Hamilton Lane Incorporated Declares Quarterly Dividend on Class A Common Stock, Payable on April 4, 2025 Hamilton 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 16
Price target decreased by 8.3% to US$163 Down 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. Aankondiging • Jan 14
Hamilton Lane Incorporated to Report Q3, 2025 Results on Feb 04, 2025 Hamilton Lane Incorporated announced that they will report Q3, 2025 results Pre-Market on Feb 04, 2025 Price Target Changed • Jan 06
Price target decreased by 7.8% to US$177 Down 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 09
Upcoming dividend of US$0.49 per share Eligible 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 27
New minor risk - Shareholder dilution The 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. Reported Earnings • Nov 07
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second 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. Aankondiging • Oct 16
Hamilton Lane Incorporated to Report Q2, 2025 Results on Nov 06, 2024 Hamilton Lane Incorporated announced that they will report Q2, 2025 results Pre-Market on Nov 06, 2024 Price Target Changed • Oct 10
Price target increased by 11% to US$161 Up 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. Aankondiging • Oct 08
Hamilton Lane Incorporated Launches Two New Evergreen Funds Hamilton 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 22
New minor risk - Shareholder dilution The 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 10
Now 25% overvalued after recent price rise Over 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 09
Upcoming dividend of US$0.49 per share Eligible 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 21
Price target increased by 7.3% to US$142 Up 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 19
Now 20% overvalued after recent price rise Over 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 09
First quarter dividend of US$0.49 announced Shareholders 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 07
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First 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. Aankondiging • Aug 06
Hamilton Lane Incorporated Declares Quarterly Dividend, Payable on October 4, 2024 Hamilton 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 September 16, 2024 that will be paid on October 4, 2024. The target full-year dividend of $1.96 represents a 10% increase from the prior fiscal year dividend. 
