Hamilton Lane (NASDAQ:HLNE) Posts Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Hamilton Lane (NASDAQ:HLNE) issued its earnings results on Tuesday. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.27, FiscalAI reports. Hamilton Lane had a net margin of 30.59% and a return on equity of 27.82%. The firm had revenue of $198.59 million for the quarter, compared to analysts’ expectations of $195.36 million. During the same quarter last year, the company earned $1.25 earnings per share. The firm’s revenue was up 18.0% compared to the same quarter last year.

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

• Fee-related revenue rose to $507M (+31% Y/Y) and fee-related earnings were $254.6M (+37% Y/Y); AUM grew to $146B (+8% Y/Y) and the company reported GAAP EPS $4.35 (non‑GAAP $4.41) while declaring a $0.54 quarterly dividend, maintaining a 10% annual increase target.
• Hamilton Lane closed its strategic partnership with Guardian, agreeing to manage nearly $5B of Guardian’s private equity and receive ~ $500M of annual commitments for at least 10 years, with initial financial impacts expected in fiscal Q4 2026 and warrants implying <1% dilution.
• The Evergreen platform is scaling quickly — AUM topped $16B (+70% Y/Y) with over $1.2B of net inflows in the quarter; core multi‑strategy AUM is $11.7B and the international credit Evergreen surpassed $2B with ~9.5% since‑inception net annualized returns.
• Specialized funds momentum continues: fee‑earning AUM in specialized funds reached $38.1B (+22% Y/Y), the Equity Opportunities Fund is >$2.3B, the second infrastructure fund closed near $2B, and first closes for the next secondary and venture funds are expected in 2Q 2026.
• Total expenses increased 14% Y/Y (compensation +15%, G&A +$11M), driven by higher headcount and revenue‑related costs, which raises near‑term expense pressure despite rising FRE and margin expansion.

Hamilton Lane Price Performance

HLNE traded down $0.79 during trading on Thursday, reaching $135.30. 33,050 shares of the stock were exchanged, compared to its average volume of 528,022. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.27 and a quick ratio of 3.49. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 24.59 and a beta of 1.30. Hamilton Lane has a 1 year low of $111.98 and a 1 year high of $179.19. The business’s 50 day moving average price is $138.60 and its two-hundred day moving average price is $138.67.

Hamilton Lane Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 20th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $2.16 annualized dividend and a yield of 1.6%. Hamilton Lane’s payout ratio is currently 38.78%.

More Hamilton Lane News

Here are the key news stories impacting Hamilton Lane this week:

• Positive Sentiment: Oppenheimer raised its price target sharply to $230 and maintained an “outperform” rating, implying roughly +65% upside from current levels — a heavyweight bullish signal from a sell‑side shop. Benzinga The Fly
• Positive Sentiment: Company reported fiscal Q3 results showing revenue and EPS beats, strong AUM and fee‑related revenue growth (fee-related revenue highlighted up ~31%) and cited the Guardian partnership as a growth contributor — fundamentals that support higher valuation and recurring fee upside. Press Release Seeking Alpha
• Positive Sentiment: Board declared a quarterly dividend of $0.54 per share (record March 20, pay April 6), providing steady income and signaling confidence in cash flow — modest yield but supportive to investor sentiment.
• Neutral Sentiment: JPMorgan nudged its price target to $166 but left a “neutral” rating, signaling cautious upside despite the raise; this tempers the overall bullish analyst tone. Benzinga
• Neutral Sentiment: Wide media and analyst coverage (Zacks, Yahoo, AP, Kalkine, etc.) is highlighting the beats and metrics; this increases visibility but represents reporting of results rather than new catalysts. Zacks

Wall Street Analyst Weigh In

HLNE has been the topic of a number of analyst reports. Oppenheimer raised their price target on Hamilton Lane from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday. Morgan Stanley set a $159.00 price target on shares of Hamilton Lane in a research note on Tuesday, January 27th. Zacks Research cut Hamilton Lane from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 22nd. UBS Group lifted their target price on shares of Hamilton Lane from $166.00 to $184.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. boosted their price target on Hamilton Lane from $164.00 to $166.00 and gave the company a “neutral” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.

Insider Activity

In other Hamilton Lane news, CEO Juan Delgado-Moreira acquired 8,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of $130.35 per share, for a total transaction of $1,042,800.00. Following the transaction, the chief executive officer directly owned 1,314,447 shares of the company’s stock, valued at approximately $171,338,166.45. This represents a 0.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 22.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HLNE. Advisory Services Network LLC purchased a new position in Hamilton Lane in the 3rd quarter valued at about $26,000. Morningstar Investment Management LLC purchased a new position in Hamilton Lane during the third quarter worth approximately $1,649,000. Kestra Private Wealth Services LLC boosted its holdings in shares of Hamilton Lane by 12.1% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 2,816 shares of the company’s stock valued at $380,000 after purchasing an additional 305 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of Hamilton Lane by 9.3% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 76,086 shares of the company’s stock valued at $10,568,000 after buying an additional 6,478 shares during the period. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Hamilton Lane during the 3rd quarter worth $608,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Hamilton Lane Company Profile

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

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