Hamilton Lane Incorporated Q2 2027 Earnings Recap

Hamilton Lane reported growth across its asset footprint and year-to-date fees and earnings; the stock rose 0.9% after earnings, a muted reaction. The transcript provides no outlook or guidance update, so the market response does not indicate a clear positive or negative surprise.

Key Takeaways

• Total asset footprint was approximately $1.1 trillion, up 7% year over year; AUM was $151 billion, up 4%, and AUA was $929 billion, up 8%.
• Through the first half of fiscal 2027, management and advisory fees reached $325 million, up 18%; fee-related revenue was $414 million, up 29%; and fee-related earnings were $215 million, up 34%.
• Year-to-date GAAP EPS was $3.80 on $158 million of net income; non-GAAP EPS was $3.91 on $211 million of adjusted net income.
• The company declared a $0.60-per-share dividend and said it remains on track for its targeted $2.40 per share for fiscal 2027, an 11% increase over last fiscal year.
• Leadership changes include Hartley Raymond Rogers becoming co-CEO with Juan Delgado-Moreira, Erik Hirsch moving to executive co-chairman, and Mario Giannini retiring effective March 31.