Hennessy Advisors, Inc. (HNNA)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hennessy Advisors, Inc. (HNNA) trades at $10.05 with AI Score 79/100 (Grade A). Hennessy Advisors, Inc. is an investment management firm that provides services to Hennessy Funds and other investment companies. Market cap: $79.42M, Sector: Financial services.
Price live · AI analysis from May 10, 2026Analyst Coverage for HNNA: HNNA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HNNA against Financial Services peers across nine fundamental dimensions and assigns a relatively strong fundamental profile based on the underlying data.
HNNA: 1/1 perspectives are bullish.
How is this calculated? →Hennessy Advisors, Inc. (HNNA) Financial Services Profile
Hennessy Advisors, Inc., founded in 1989, is an investment manager based in Novato, California, offering services to Hennessy Funds and investment companies. The firm manages equity, fixed income, and balanced mutual funds, primarily investing in global public markets with a focus on growth stocks, and currently has a market capitalization of $79.42M.
What Is the Investment Thesis for HNNA?
Hennessy Advisors, Inc. presents a compelling investment case based on its established presence in the asset management industry and a focus on growth stocks. With a market capitalization of $79.42M and a P/E ratio of 8.7, the company demonstrates profitability, supported by a strong gross margin of 76.8% and a profit margin of 25.4%. The dividend yield of 5.48% offers an attractive income stream for investors. Key growth catalysts include expanding the range of mutual fund offerings and attracting new investment companies. However, potential risks include market volatility and increased competition in the asset management sector. The company's beta of 0.63 suggests lower volatility compared to the overall market.
Based on FMP financials and quantitative analysis
HNNA Key Highlights
- Market capitalization of $79.42M indicates a relatively small but established player in the asset management industry.
- P/E ratio of 8.7 suggests the company is potentially undervalued compared to its earnings.
- Profit margin of 25.4% demonstrates strong profitability and efficient operations.
- Gross margin of 76.8% highlights the company's ability to generate significant revenue from its services.
- Dividend yield of 5.48% provides an attractive income stream for investors.
Who Are HNNA's Competitors?
HNNA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BLK BlackRock, Inc. | $1006.95 | +1.13% | $156.07B | 46 |
| V Visa Inc. | $357.25 | -1.35% | 685B | 96 |
| MS Morgan Stanley | $222.07 | +3.81% | 351B | 44 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
| TPZ Tortoise Electrification Infrastructure ETF | $21.82 | +0.74% | $128.52M | 70 |
| IDKFF ThreeD Capital Inc. | $0.08 | +5.49% | $5.70M | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HNNA's Key Strengths?
- Established presence in the asset management industry.
- Focus on growth stocks.
- In-house research capabilities.
- Attractive dividend yield.
What Are HNNA's Weaknesses?
- Relatively small market capitalization.
- Limited geographic diversification.
- Dependence on Hennessy Funds for a significant portion of revenue.
- Small number of employees.
What Could Drive HNNA Stock Higher?
- Potential launch of new mutual funds targeting specific investment themes by Q4 2026.
- Continued efforts to attract new investment companies and expand the client base.
- Investment in digital marketing and online client acquisition strategies.
What Are the Key Risks for HNNA?
- Market volatility could negatively impact assets under management and revenue.
- Increased competition in the asset management sector could put pressure on fees.
- Regulatory changes could increase compliance costs and impact profitability.
- Dependence on Hennessy Funds for a significant portion of revenue.
What Are the Growth Opportunities for HNNA?
- Expanding Mutual Fund Offerings: Hennessy Advisors can grow by introducing new mutual funds targeting specific investment themes or asset classes. The market for specialized investment funds is expanding as investors seek tailored solutions. By launching funds focused on emerging markets, sustainable investments, or specific sectors, Hennessy Advisors can attract new clients and increase assets under management. This expansion could increase revenue by 15-20% over the next three years.
- Attracting New Investment Companies: Hennessy Advisors can actively pursue partnerships with new investment companies seeking experienced management services. The market for outsourced investment management is growing as smaller firms look to leverage the expertise of established players. By offering customized solutions and a proven track record, Hennessy Advisors can attract new clients and expand its asset base. This strategy could increase assets under management by 10-15% annually.
- Enhancing Digital Marketing and Client Acquisition: Investing in digital marketing and online client acquisition strategies can significantly expand Hennessy Advisors' reach. The digital channel provides a cost-effective way to target potential investors and showcase the company's investment expertise. By improving its online presence and offering digital tools, Hennessy Advisors can attract a younger demographic of investors and increase its client base. This initiative could lead to a 20-25% increase in new client acquisitions.
- Geographic Expansion: Hennessy Advisors can explore opportunities to expand its geographic presence beyond its current locations. Targeting regions with growing wealth and a demand for investment services can drive significant growth. By establishing partnerships with local firms or opening new offices, Hennessy Advisors can tap into new markets and diversify its revenue streams. This expansion could increase revenue by 10-15% over the next five years.
- Strategic Acquisitions: Hennessy Advisors can consider strategic acquisitions of smaller asset management firms to expand its capabilities and market share. Acquiring firms with complementary investment strategies or a strong client base can accelerate growth and diversify revenue streams. By integrating acquired firms effectively, Hennessy Advisors can enhance its competitive position and increase its assets under management. This strategy could lead to a 25-30% increase in assets under management.
What Opportunities Does HNNA Have?
- Expanding mutual fund offerings.
- Attracting new investment companies.
- Enhancing digital marketing and client acquisition.
- Strategic acquisitions of smaller asset management firms.
What Threats Does HNNA Face?
- Market volatility.
- Increased competition in the asset management sector.
- Regulatory changes.
- Economic downturns.
What Are HNNA's Competitive Advantages?
- Established brand reputation in the asset management industry.
- In-house research capabilities provide a competitive edge in identifying investment opportunities.
- Long-term relationships with Hennessy Funds and other investment companies.
What Does HNNA Do?
Hennessy Advisors, Inc., established in 1989, is a publicly owned investment management firm headquartered in Novato, California. The company's primary focus is providing investment advisory services to the Hennessy Funds and other investment companies. Hennessy Advisors manages a range of mutual funds, including equity, fixed income, and balanced funds, catering to diverse investment objectives. The firm's investment strategy centers on investing in public equity and fixed income markets worldwide, with a particular emphasis on growth stocks. Hennessy Advisors conducts in-house research to identify investment opportunities and manage its portfolios. With additional offices in Boston, Massachusetts, and Chapel Hill, North Carolina, the company extends its reach and expertise across different regions. Hennessy Advisors aims to deliver long-term value to its clients through disciplined investment processes and a commitment to thorough research.
What Products and Services Does HNNA Offer?
- Manages equity, fixed income, and balanced mutual funds.
- Provides investment advisory services to Hennessy Funds and other investment companies.
- Invests in public equity and fixed income markets globally.
- Focuses primarily on growth stocks.
- Conducts in-house research to make investment decisions.
- Offers a range of investment solutions to meet diverse client objectives.
How Does HNNA Make Money?
- Generates revenue primarily through management fees charged on assets under management (AUM).
- Fees are typically a percentage of the total value of the assets managed.
- May also earn performance-based fees for exceeding certain investment benchmarks.
What Industry Does HNNA Operate In?
Hennessy Advisors, Inc. operates within the asset management industry, which is characterized by intense competition and evolving market dynamics. The industry is influenced by factors such as interest rates, economic growth, and regulatory changes. As an investment manager, Hennessy Advisors competes with larger firms offering a wider range of investment products and services. The company's focus on growth stocks and in-house research differentiates it within the competitive landscape. The asset management industry is expected to grow, driven by increasing demand for investment solutions and rising disposable incomes.
Who Are HNNA's Key Customers?
- Hennessy Funds
- Investment companies seeking investment management services.
- Individual investors through mutual funds.
FY2026 estForward Outlook
Wall Street analysts project Hennessy Advisors, Inc. revenue of about $53.9M for fiscal 2026, with EPS near $2.04.
HNNA Valuation & Market Position
With a $79.42M market cap, Hennessy Advisors, Inc. sits in the micro-cap segment of the market. Relative to its peer group, HNNA's quantitative score of 79/100 is above the peer average of 66/100.
ROE 9%Key Financial Metrics
Return on equity for Hennessy Advisors, Inc. stands at 8.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.2%, showing how much profit it generates from its asset base. HNNA trades at a trailing price-to-earnings ratio of 8.71, below the Financial Services sector average of ~18x. Its free cash flow yield is 13.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.78 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 10.5%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Hennessy Advisors, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.14 places it in the grey zone, a middle ground that warrants monitoring.
Company Profile
Hennessy Advisors, Inc. operates in the Asset Management industry within the Financial Services sector. It is headquartered in Novato, US. The company is led by CEO Neil Joseph Hennessy. HNNA has traded publicly since 2005.
HNNA Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established presence in the asset management industry.
- Focus on growth stocks.
- In-house research capabilities.
- Attractive dividend yield.
Bear Case
- Relatively small market capitalization.
- Limited geographic diversification.
- Dependence on Hennessy Funds for a significant portion of revenue.
- Small number of employees.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
HNNA Latest News
No recent news available for HNNA.
HNNA Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HNNA.
Price Targets
Wall Street price target analysis for HNNA.
HNNA MoonshotScore
What does this score mean?
The MoonshotScore rates HNNA's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Neil Joseph Hennessy
Chairman, CEO and President
Neil Joseph Hennessy serves as the Chairman, CEO, and President of Hennessy Advisors, Inc. He has been with the company since its inception and has played a pivotal role in shaping its investment strategies and overall direction. Hennessy has extensive experience in the financial services industry, with a background in portfolio management and investment analysis. He is known for his hands-on approach and commitment to delivering value to shareholders.
Track Record: Under Neil Joseph Hennessy's leadership, Hennessy Advisors, Inc. has successfully managed and grown its assets under management. He has overseen the launch of several successful mutual funds and has guided the company through various market cycles. His strategic decisions have contributed to the company's profitability and long-term growth. He has successfully managed a small team of 17 employees.
Hennessy Advisors, Inc. Financial Services Stock: Key Questions Answered
What does Hennessy Advisors, Inc. do?
Hennessy Advisors, Inc. is an investment management firm that provides services to Hennessy Funds and other investment companies. The company manages a range of mutual funds, including equity, fixed income, and balanced funds. Hennessy Advisors invests in public equity and fixed income markets globally, with a primary focus on growth stocks. The firm's business model revolves around generating revenue through management fees charged on assets under management. Hennessy Advisors aims to deliver long-term value to its clients through disciplined investment processes and in-house research.
What do analysts say about HNNA stock?
Analyst coverage of Hennessy Advisors, Inc. (HNNA) is limited, given its small market capitalization. However, key valuation metrics such as the P/E ratio of 8.7 suggest potential undervaluation compared to earnings. The company's strong gross margin of 76.8% and profit margin of 25.4% indicate efficient operations. Growth considerations include the company's ability to expand its mutual fund offerings and attract new investment companies. Investors should conduct their own due diligence and consider their individual risk tolerance before making any investment decisions.
What are the main risks for HNNA?
Hennessy Advisors, Inc. faces several risks, including market volatility, which could negatively impact assets under management and revenue. Increased competition in the asset management sector could put pressure on fees and profitability. Regulatory changes could increase compliance costs and impact the company's operations. Additionally, the company's dependence on Hennessy Funds for a significant portion of revenue poses a concentration risk. Economic downturns could also negatively impact the company's financial performance. Investors should carefully consider these risks before investing in HNNA.
How does Hennessy Advisors, Inc. make money in financial services?
Hennessy Advisors, Inc. primarily generates revenue through management fees charged on assets under management (AUM). These fees are typically calculated as a percentage of the total value of the assets managed. The company may also earn performance-based fees for exceeding certain investment benchmarks. The firm's revenue is directly tied to the performance of its investment strategies and the size of its AUM. Efficient cost management and strong investment performance are crucial for maintaining profitability in the asset management business.
What regulatory challenges does Hennessy Advisors, Inc. face?
Hennessy Advisors, Inc. operates in a highly regulated environment, subject to oversight by the Securities and Exchange Commission (SEC) and other regulatory bodies. The company must comply with various regulations, including those related to investment advisory activities, fund management, and investor protection. Compliance costs can be significant, and any regulatory violations could result in fines, penalties, and reputational damage. Hennessy Advisors must also adhere to capital requirements and maintain adequate internal controls to ensure compliance with applicable laws and regulations.
What are the key factors to evaluate for HNNA?
Hennessy Advisors, Inc. (HNNA) holds an AI score of 79/100 (high). P/E: 8.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does HNNA data refresh on this page?
HNNA prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven HNNA's recent stock price performance?
Hennessy Advisors, Inc. (HNNA) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in the asset management industry. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
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- Information is based on available data and may be subject to change.
- Analyst opinions and market data are for informational purposes only and should not be considered investment advice.