Hamilton Lane Inc's stock surged 5.12% during intraday trading on Tuesday, following the release of its third-quarter fiscal 2026 financial results.
The private markets investment firm reported adjusted earnings per share of $1.55, significantly exceeding the FactSet consensus estimate of $1.32. Total revenue for the quarter reached $198.6 million, also beating analyst expectations of $195.5 million.
Key performance metrics showed substantial growth, with Fee Related Earnings increasing 37% to $254.6 million for the nine-month period. The company also declared a quarterly dividend of $0.54 per share and announced a target full-year dividend increase of 10% from the prior fiscal year. The positive sentiment was further supported by the recent final closing of the Hamilton Lane Infrastructure Opportunities Fund II, which raised approximately $1.5 billion.