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HLNEHamilton Lane IncorporatedHold6.2·$87.22+6.38%
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Hamilton Lane Incorporated (HLNE) Stock Analysis

Recovery setup

HoldDEATH CROSS (EXEMPT)Moderate Confidence

Financial Services · Asset Management

Hold if already holding. Not a fresh buy at $87.22, but acceptable to hold if already in. Reason: Below 200-MA, MA slope -7.9%/30d (confirmed downtrend).

Hamilton Lane manages $142 billion in discretionary private markets AUM and advises on approximately $905 billion in non-discretionary assets across private equity, private credit, real estate, infrastructure, and venture capital strategies. Revenue comes from management and... Read more

$87.22+35.7% A.UpsideScore 6.2/10#24 of 112 Asset Management
QualityF-score8 / 9FCF yield6.70%
IncomeYield2.93%(5y avg 1.69%)Payout36.49%sustainable
Stop $81.11Target $118.32(analyst − 13%)A.R:R 2.8:1
Analyst target$136.00+55.9%7 analysts
$118.32our TP
$87.22price
$136.00mean
$179

Hold if already holding. Not a fresh buy at $87.22, but acceptable to hold if already in. Reason: Below 200-MA, MA slope -7.9%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 45. Maintain position. Not compelling to add more. Score 6.2/10, moderate confidence.

Passes 9/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity 48d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

10-K grounded · weekly refresh

About Hamilton Lane Incorporated

About Hamilton Lane Incorporated

Hamilton Lane reported approximately $142 billion in discretionary AUM and $905 billion in non-discretionary AUA as of March 31, 2026, reflecting a 7% compound annual growth rate in AUM from March 31, 2022. The firm serves institutional clients across the United States, Canada, Europe, the Middle East, Asia, Australia, and Latin America through 23 global offices staffed by 785 employees including 265 investment professionals. Investment solutions span private equity, private credit, real estate, infrastructure, venture capital, and impact through both drawdown and evergreen fund formats.

Hamilton Lane earns management fees as a percentage of AUM from customized separate accounts ($92 billion) and specialized funds ($50 billion), plus advisory fees from non-discretionary accounts, and incentive fees including carried interest when fund performance clears stated hurdles. Revenue visibility is supported by long-duration vehicles — primary fund commitments run 10 to 15 years — though the 10-K notes predictability remains subject to the mix of fee bases, variability of incentive fees, and the pace of fundraising and deployment. The top 10 clients generated approximately 11% of management and advisory fee revenues and the top 20 generated approximately 16%, with no single client exceeding 2%. A customized separate account or advisory account client may terminate on 30 to 90 days' notice, exposing the company to revenue risk if multiple clients exit simultaneously. The company has been expanding its private wealth channel through evergreen funds offered to high-net-worth individuals via wirehouses, independent wealth managers, and private banks globally, and has initiated tokenized access to certain funds on digital securities exchanges.

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Hamilton Lane's expansion into registered investment company structures and retail distribution subjects the company to heightened SEC oversight, including potential Section 17 affiliate-transaction issues under the Investment Company Act as the firm launches more registered funds. The 10-K discloses exposure to reputational damage and regulatory enforcement risk if third-party distributors improperly sell products, and the firm cannot fully monitor those distribution channels as their number grows. The August 2025 Executive Order on Democratizing Access to Alternative Assets for 401(k) Investors may expand the addressable market but also subjects the company to significant competitive pressure in a new distribution channel that will require substantial investment to access.

See also: Financial Services · Asset Management

From Hamilton Lane Incorporated's most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202648d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Attractive valuation
Risks
Below 200-MA, MA slope -7.9%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)13.8
P/E (Fwd)11.1
Mkt Cap$4.6B
EV/EBITDA12.3
Profit Mgn32.8%
ROE32.4%
Rev Growth-2.2%
Beta1.16
Dividend2.93%
Rating analysts13

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.61bullish
IV75%elevated
Max Pain$50-42.7% vs spot

Concentration Risks(10-K Item 1A)

  • LOWCustomertop 10 clients11%
    10-K Item 1: 'our top 10 clients generated approximately 11% of management and advisory fee revenues'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Bollinger
3.2
Support Resistance
3.6
Gap
5.0
GatesDeath cross exempted (quality + momentum high enough)Momentum 6.2>=5.5A.R:R 2.8 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 48d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
45 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $75.93Resistance $93.52

Price Targets

$81
$118
A.Upside+35.7%
A.R:R2.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Analyst Consensus

Analysts13
Consensus4.1/5
Avg Target$136

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-04 (48d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is HLNE stock a buy right now?

Hold if already holding. Not a fresh buy at $87.22, but acceptable to hold if already in. Reason: Below 200-MA, MA slope -7.9%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 45. Maintain position. Not compelling to add more. Target $118.32 (+35.7%), stop $81.11 (−7.5%), A.R:R 2.8:1. Score 6.2/10, moderate confidence.

What is the HLNE stock price target?

Take-profit target: $118.32 (+35.7% upside). Target $118.32 (+35.7%), stop $81.11 (−7.5%), A.R:R 2.8:1. Stop-loss: $81.11.

What are the risks of investing in HLNE?

Below 200-MA, MA slope -7.9%/30d (confirmed downtrend).

Is HLNE overvalued or undervalued?

Hamilton Lane Incorporated trades at a P/E of 13.8 (forward 11.1). TrendMatrix value score: 8.1/10. Verdict: Hold.

What do analysts say about HLNE?

13 analysts cover HLNE with a consensus score of 4.1/5. Average price target: $136.

What does Hamilton Lane Incorporated do?Hamilton Lane manages $142 billion in discretionary private markets AUM and advises on approximately $905 billion in...

Hamilton Lane manages $142 billion in discretionary private markets AUM and advises on approximately $905 billion in non-discretionary assets across private equity, private credit, real estate, infrastructure, and venture capital strategies. Revenue comes from management and advisory fees plus carried interest from institutional clients worldwide, with no single client above 2% of fee revenues. The company operates 23 global offices with 785 employees including 265 investment professionals.

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