$HLNE

Hamilton Lane (HLNE) reported Q1 revenue of $275.3M (+56% YoY), fee-related earnings of $124.5M (+49% YoY), and AUM exceeding $1.1T. Growth was driven by specialized funds and Evergreen platform inflows. However, non-US multi-strategy equity fund saw outflows, and expenses rose 50% YoY. HLNE trades at a forward P/E of 14.45.

StepStone Group (STEP) reported Q2 revenues of $300.6M, up 26.6% YoY but missing estimates by 3.9%. Hamilton Lane (HLNE) outperformed with $275.3M revenues, up 56.5% YoY, beating estimates by 21%. Voya Financial (VOYA) reported flat revenues at $1.88B, missing EPS estimates. Federated Hermes (FHI) and WisdomTree (WT) also reported strong results, with revenues up 18.3% and 57.3% YoY, respectively. Custody bank stocks as a group saw 3.2% revenue growth and 5.6% share price increase since earnings

Q2 earnings for custody banks showed revenues 3.2% above estimates. BNY (NYSE:BNY) reported $5.7B revenue, up 13.3% YoY, beating expectations. Hamilton Lane (NASDAQ:HLNE) saw 56.5% revenue growth, outperforming estimates. StepStone Group (NASDAQ:STEP) missed expectations with a 3.9% shortfall. Federated Hermes (NYSE:FHI) and State Street (NYSE:STT) also reported strong results.

Franklin Resources (BEN) reported Q2 revenue of $2.36B, up 14.3% YoY, beating estimates. Hamilton Lane (HLNE) saw 56.5% revenue growth, outperforming expectations. StepStone Group (STEP) missed estimates with 26.6% revenue growth. Voya Financial (VOYA) reported flat revenue, missing EPS estimates. Federated Hermes (FHI) beat expectations with 18.3% revenue growth. Custody bank stocks averaged 5.9% share price increase post-earnings.

Oppenheimer maintained an 'Outperform' rating for Hamilton Lane (HLNE) but lowered its price target from $182 to $181. The stock is seen as 37.9% undervalued with a GF Value of $174.92. Insider buying totaled $14.24M over the last 3 months. The company has a market cap of $4.71B and manages $986B in assets.

Ridgepost Capital (NYSE:RPC) reported Q2 revenues of $81.28M, up 11.5% YoY, exceeding estimates by 3.6%. The stock is down 2.3% since reporting. Hamilton Lane (NASDAQ:HLNE) saw revenues of $275.3M, up 56.5% YoY, beating estimates by 21%, with the stock up 12.4%. StepStone Group (NASDAQ:STEP) reported $300.6M in revenues, up 26.6% YoY, missing estimates by 3.9%, with the stock down 1.1%. SEI Investments (NASDAQ:SEIC) reported $641.6M in revenues, up 14.7% YoY, beating estimates by 0.7%, with the

A custody bank industry earnings review covering 16 stocks said group revenues beat analysts’ consensus by 3.2%. Hamilton Lane (NASDAQ:HLNE) reported Q2 revenue of $275.3M, up 56.5% YoY, 21% above expectations, with shares up 6.2% to $100.84. StepStone (NASDAQ:STEP) reported $300.6M revenue, up 26.6% YoY, 3.9% below expectations, shares down 4.1% to $48.28.

Hamilton Lane (NASDAQ:HLNE) reported Q1 FY2027 results on an earnings call. Total asset footprint rose to $1.1T (+8% YoY) and discretionary AUM to $146.3B (+4%). Revenue was $275.3M (+56%) and GAAP EPS $1.93. Non-GAAP EPS was $1.94 (+48%). Management cited higher incentive fees and noted some product flow slowdown.

Alternative asset managers reported Q2 results focused on wealth-channel fundraising and redemption trends. Blackstone said private wealth AUM rose 16% to $324B and Q2 sales were $8.6B, while BCRED saw $1.2B net outflows. Ares reported $3.9B inflows and $76B wealth AUM. KKR reported $3B inflows. Non-traded BDCs had $2B raised, down 82% YoY, with net outflows of $3.8B.

Hamilton Lane (HLNE) reported Q1 FY2027 results on an earnings call. Total asset footprint rose to $1.1 trillion (+8% YoY) and discretionary AUM to $146.3 billion (+4%). Revenue was $275.3 million (+56%) and GAAP EPS $1.93. Management cited higher incentive fees, specialized fund growth, and $640 million Evergreen net inflows, while noting some flow slowdown.