Investment Advice · SIC 6282

HENNESSY ADVISORS INC

HNNAZ

Watch

Latest revenue

$8.1M

as of 2026-03-31

Latest net income

$1.9M

as of 2026-03-31

Net margin

23.5%

as of 2026-03-31

Price · 5Y

+4.2% / yr 9.5 pts / yr vs S&P 500 20.8% total
Compare:

Live market

delayed ≤15 min
$25.05
0.12%
Market cap
$198.0M
Enterprise value
$198.0M
P/E (trailing)
19.9×
Forward P/E
P/B
Dividend yield
4.9%
52-wk high
$26.48
52-wk low
$24.25
Beta
Shares out
7.9M

5-year trend

What this company does

AI

ITEM 1. BUSINESS GENERAL Hennessy Advisors, Inc. (the “Company,” “we,” “us,” or “our”) is a publicly traded investment management firm whose primary business activity is providing investment advisory services to a family of 16 open-end mutual funds (collectively, the “Hennessy Mutual Funds”) and one exchange‑traded fund (“ETF”) branded as the Hennessy Funds. We are committed to providing superior service to investors and employing a consistent and disciplined approach to investing based on a buy‑and‑hold philosophy that rejects the idea of market timing. Our goal is to provide products that investors can have confidence in, knowing their money is invested as promised and with their best…

AI summary unavailable — showing raw filing excerpt

Generated from HNNAZ's filing dated 2025-12-03

Key risks

AI

ITEM 1A. RISK FACTORS We face many risks and uncertainties, many of which are inherent in the financial services industry and the investment advisory business. Investors should carefully consider the risks described below, together with all of the other information included in this Annual Report on Form 10‑K, in evaluating us and our common stock. Our business, results of operations, financial condition, and stock price could be materially adversely affected by any of the risks we face, including those described below. RISKS RELATING TO OUR ASSETS UNDER MANAGEMENT Investors in the Hennessy Funds can redeem their investments at any time and for any reason, including poor investment…

AI summary unavailable — showing raw filing excerpt

Generated from HNNAZ's filing dated 2025-12-03

Profitability

Operating margin

37.0%

23.7%

Net margin

28.0%

17.1%

Return on equity

10.2%

31.1%

Return on assets

360.0%

50.3%

Leverage

Debt / equity

-0.97×

0.4%

Long-term debt / equity

0.41×

5.8%

Debt / assets

-3432.2%

15.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$8.1M-12.3%$1.9M-26.1%23.5%

Q4 2025

2025-12-31

$8.3M-14.3%$1.9M-31.9%23.2%

Q3 2025

2025-09-30

$8.5M-3.2%$2.4M+4.0%28.5%

Q2 2025

2025-06-30

$8.1M+3.5%$2.1M+4.5%26.3%

Q1 2025

2025-03-31

$9.3M+33.7%$2.6M+67.7%27.8%

Q4 2024

2024-12-31

$9.7M+58.0%$2.8M+136.2%29.2%

Q3 2024

2024-09-30

$8.8M$2.3M26.5%

Q2 2024

2024-06-30

$7.8M+36.5%$2.0M+81.8%26.1%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Investment Advice · SIC 6282

No data yet for industry average

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Insider activity

No insider transactions on file for HNNAZ in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns HNNAZ

Institutional value

$19.8K

Total shares held

800

Distinct holders

1

+0 vs prior

As of

2025-03-31

Prior: 2024-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1THOMPSON INVESTMENT MANAGEMENT, INC.800$19.8K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once HNNAZ's latest filing finishes processing.