Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.99%
$9.76
0% positive prob.
5-Day Prediction
-4.45%
$9.42
0% positive prob.
20-Day Prediction
-6.00%
$9.26
0% positive prob.
SEC 8-K filings with transcript text
Aug 5, 2026 · 100% conf.
1D
-0.99%
$9.76
Act: +0.66%
5D
-4.45%
$9.42
Act: +1.33%
20D
-6.00%
$9.26
2 ex_997559.htm
ex_997559.htm
Exhibit 99.1
Media Contacts:
Teresa Nilsen
Hennessy Advisors, Inc.
Terry@hennessyadvisors.com; 800-966-4354
Hibre Teklemariam
SunStar Strategic
HTeklemariam@sunstarstrategic.com; 703-894-1057
Hennessy Advisors, Inc. Reports Quarterly Earnings
and Announces Quarterly Dividend
August 5, 2026, Novato, CA - Hennessy Advisors, Inc. (Nasdaq:HNNA) reported results for its third fiscal quarter ended June 30, 2026, and declared a quarterly dividend of $0.15 per share to be paid on September 3, 2026, to shareholders of record as of August 20, 2026. The dividend represents an annualized yield of 6.1%.*
“The U.S. stock market has delivered solid performance over the first half of 2026. I believe the market is trading on fundamentally positive information – strong corporate earnings as well as employment and wage growth – as opposed to any AI ‘hype.’ It is no longer primarily the Magnificent 7 driving market growth. Instead, we are seeing small and midcap growth and value stocks participating in the market’s advance,” said Neil Hennessy, Chairman and CEO. “I believe the shift in sentiment bodes well for long-term market performance. While interest rates may be higher than we had hoped, and geopolitical strain continues on a global level, I believe the underlying fundamentals continue to support measured growth, and I’m hopeful that we close out 2026 with another year of positive market returns,” he added.
“This quarter, we made the decision to redeem our notes payable of $40.25 million six months ahead of the maturity date of December 31, 2026,” said Teresa Nilsen, President and COO. “That decision reflects our assessment of current interest rates, our available cash position, and our analysis of short-term capital needs.”
“We are pleased to report a 4% increase in revenue driven by higher assets under management year-over-year,” she continued. “While the early redemption of our notes payable reduced earnings in the current quarter due to the accelerated recognition of financing costs, our net cash position increased 18% from the prior year to more than $35 million. We believe our balance sheet remains a competitive advantage, allowing us to pursue strategic acquisition opportunities while continuing to return capital to our shareholders through a dividend.”
Summary Highlights (compared to the prior comparable quarter ended June 30, 2025):
●
Total revenue of $8.4 million, an increase of 4%.
●
Net income of $2.0 million, a decrease of 6%, primarily attributable to the early redemption of debt.
●
Fully diluted earnings per share of $0.25, a decrease of 4%.
●
Average assets under management, upon which revenue is earned, of $4.3 billion, an increase of 4%.
●
Total assets under management of $4.4 billion, an increase of 3%.
●
Cash and cash equivalents, net of gross debt, of $35.4 million, an increase of 18%.
Three Months Ended Jun 30,
Change
2026
2025
Amount
Percent
Total Revenue
$
8,390,476
$
8,054,259
$
336,217
4.2
%
Net Income
1,999,148
2,120,934
(121,786
)
-5.7
%
Earnings Per Share (Diluted)
0.25
0.26
(0.01
)
-3.8
%
Weighted Average Number of Shares Outstanding (Diluted)
8,038,411
7,960,872
77,539
1.0
%
Average Assets Under Management
4,261,027,927
4,098,783,695
162,244,232
4.0
%
As of Jun 30,
2026
2025
Total Assets Under Management
$
4,390,624,761
$
4,280,005,244
$
110,619,517
2.6
%
Cash and Cash Equivalents, Net of Gross Debt Balance
35,350,689
30,069,042
5,281,647
17.6
%
*
Based on the closing stock price of $9.76 on August 4, 2026, and an annualized dividend of $0.60 per share.
About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy‑and‑hold philosophy that rejects the idea of market timing.
Supplemental Information
Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.
Forward-Looking Statements
This press release contains “forward-looking statements” for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. Forward‑looking
May 6, 2026
hnna20260430_8k.htm
false 0001145255
0001145255
2026-05-06 2026-05-06
0001145255
hnna:CommonStockNoParValueCustomMember
2026-05-06 2026-05-06
0001145255
hnna:NotesDue20264875CustomMember
2026-05-06 2026-05-06
Washington, DC 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 6, 2026
(Exact name of registrant as specified in its charter)
California
001-36423
68-0176227
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
7250 Redwood Blvd., Suite 200
Novato, California
94945
(Address of principal executive offices)
(Zip code)
Registrant’s telephone number including area code: (415) 899-1555
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a‑12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Common stock, no par value
The Nasdaq Stock Market LLC
4.875% Notes due 2026
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
1
Item 2.02.
Results of Operations and Financial Condition
On May 6, 2026, Hennessy Advisors, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended March 31, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.
Item 7.01.
Regulation FD Disclosure
On May 6, 2026, the Company issued a press release announcing that it had declared a cash dividend of $0.15 per share on its common stock. The cash dividend is payable June 4, 2026, to shareholders of record at the close of business on May 21, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.
Item 9.01.
Financial Statements and Exhibits
Exhibit
Description
99.1
Press release.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
May 6, 2026
By:
/s/ Teresa M. Nilsen
Teresa M. Nilsen
President
3
Feb 5, 2026
hnna20260204c_8k.htm
false 0001145255
0001145255
2026-02-05 2026-02-05
0001145255
hnna:CommonStockCustomMember
2026-02-05 2026-02-05
0001145255
hnna:NotesDue20264875CustomMember
2026-02-05 2026-02-05
Washington, DC 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 5, 2026
(Exact name of registrant as specified in its charter)
California
001-36423
68-0176227
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
7250 Redwood Blvd., Suite 200
Novato, California
94945
(Address of principal executive offices)
(Zip code)
Registrant’s telephone number including area code: (415) 899-1555
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a‑12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Common stock, no par value
The Nasdaq Stock Market LLC
4.875% Notes due 2026
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
1
Item 2.02. Results of Operations and Financial Condition
On February 5, 2026, Hennessy Advisors, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended December 31, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.
Item 7.01. Regulation FD Disclosure
On February 5, 2026, the Company issued a press release announcing that it had declared a cash dividend of $0.15 per share on its common stock. The cash dividend is payable March 4, 2026, to shareholders of record at the close of business on February 18, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits
Exhibit
Description
99.1
Press release.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
February 5, 2026
By:
/s/ Teresa M. Nilsen
Teresa M. Nilsen
President
3
This page provides Hennessy Advisors Inc. (HNNA) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on HNNA's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.