Hamilton Lane (HLNE)
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
$103.06-0.33%
Close 2026-09-04 · 1-day change
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
QuarterlyIQ Insights · HLNE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -11.1% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 12.9% |
Growth built into the price is above our model estimate.
The price assumes 24.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 35 industry peers · Company calendar date is not available
HLNE — credit agreement
Dated 2025-10-06
Entry into a Material Definitive Agreement. On October 1, 2025, Hamilton Lane Advisors, L.L.C. (“ HLA ”), the operating subsidiary of Hamilton Lane Incorporated, entered into a Second Amendment to the Multi-Draw Term Loan and Security Agreement (the “ Second Amendment ”) with JPMorgan Chase Bank, N.A. (“ JPM ”), amending the Multi-Draw Term Loan and Security Agreement, dated as of October 20, 2022, between JPM and HLA (as previously amended, the “ 2022 Term Loan Agreement ”). The 2022 Term Lo…
Why it matters: More assets under management show strong demand for Hamilton Lane's services. This can help increase revenue.
Supportive ifAssets under management increase by more than 5% year over year.
Worry ifAssets under management decrease or grow less than 3% year over year.
Why it matters: Strong revenue growth shows good management. This can make investors more confident.
Supportive ifTotal revenue for Q1 2026 is over $193.57 million. This is more than 5% growth from last year.
Worry ifTotal revenue for Q1 2026 is under $193.57 million. This shows weaker performance.
Why it matters: Growth in operating income shows good cost management and revenue generation. This is key for long-term profit.
Supportive ifOperating income exceeds $149.97 million in Q1 FY27.
Worry ifOperating income is below $149.97 million. This raises concerns about how well the company is doing.
Why it matters: If the 11% dividend increase is confirmed, it shows good financial health. It also shows management's confidence.
Supportive ifManagement confirms the full-year dividend target of $2.40 in the next earnings call.
Worry ifManagement does not mention or lowers the dividend target in the next earnings call.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$166 on $10,000 · ±1.7% | How much price usually moves either way. |
| Bad day | $471 loss on $10,000 · 4.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,177 loss on $10,000 · 51.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: An 11% increase in the dividend shows strong cash flow and management confidence. This can attract more investors.
Supportive ifA formal announcement of an 11% increase in the full-year dividend.
Worry ifNo increase in the dividend or a smaller increase than 11%.
Why it matters: A strong increase in net income would show Hamilton Lane's growth momentum. This could attract more investors.
Supportive ifNet income for Q1 2026 exceeds $66.17 million, showing over 30% growth from Q1 2025.
Worry ifNet income for Q1 2026 is below $66.17 million, indicating weaker growth.
Why it matters: A strong growth rate in net income shows the company's ability to increase profitability. This is key for investor confidence.
Supportive ifNet income for Q1 FY27 grows year over year by more than 50%.
Worry ifNet income growth rate falls below 30% year over year.
Why it matters: Increasing net income shows the company is growing and managing costs well. It can boost investor confidence.
Supportive ifNet income reported grows year over year in the next earnings report.
Worry ifNet income reported is flat or declines year over year.
Why it matters: The dividend increase shows that management cares about shareholders. This increase builds trust in future earnings.
Supportive ifA quarterly dividend over $0.60 per share shows an 11% growth target.
Worry ifA dividend at or below $0.60 per share suggests a possible setback in growth plans.
Why it matters: Incentive fees are a key revenue driver. Growth in this area shows strong performance in investments.
Supportive ifIncentive fees grow by more than 100% year over year.
Worry ifIncentive fees decline or grow less than 50% year over year.
Why it matters: Higher operating income shows better control of costs and earnings. This can boost stock performance.
Supportive ifOperating income reported grows year over year in the next earnings report.
Worry ifOperating income is flat or goes down compared to last year.
Why it matters: A drop in sector revenue growth could impact Hamilton Lane's performance.
Worry ifSector revenue growth drops below 10% year over year.
Less concerning ifSector revenue growth remains above 15% year over year.
Why it matters: Higher management fees mean strong client demand. They also show effective asset management.
Supportive ifManagement and advisory fees grow over 20% year over year in Q1 2026.
Worry ifManagement and advisory fees grow less than 10% year over year in Q1 2026.
Why it matters: Growth in fee-related earnings shows that management is doing well and revenue is steady.
Supportive ifFee Related Earnings increases year over year by more than 40%.
Worry ifFee Related Earnings growth is less than 20% year over year.
Why it matters: This payment shows that management wants to raise the dividend by 11%. It shows strength and focus on shareholders.
Supportive ifThe dividend is paid as scheduled at $0.60 per share to shareholders.
Worry ifThe dividend payment is delayed or reduced.
Why it matters: Growth in net income shows the company is financially healthy. It can manage costs well.
Supportive ifNet income for Hamilton Lane is over $80.5 million. This shows continued growth.
Worry ifNet income is below $80.5 million. This could mean there are potential issues.
Why it matters: Changes in the PPI can change inflation expectations. This can affect Hamilton Lane's investment plans.
Watch forPPI shows an increase above 0.3%, indicating rising costs.
Also watch forPPI shows a decrease below 0.1%, suggesting easing inflation.
Why it matters: The CPI gives clues about inflation trends. These trends can affect investment plans.
Watch forCPI shows an increase above 0.4%. This means inflation is rising.
Also watch forCPI shows a decrease below 0.2%, suggesting easing inflation.