InvestSMART

HMC Capital Limited (ASX:HMC)

ALERT: Price-sensitive ASX Announcement for HMC
Current share price for HMC : $2.830 0.31 (12.30%)+
Announcement
Release
6 May 2026 7:32AM
Price at Release
$2.520
Full Release
download
Summary
HMC Capital Limited's 2026 Macquarie Conference Presentation outlines their strategic focus on high-return platforms including Real Estate, Digital Infrastructure, Energy Transition, and Private Credit, with firm guidance on operating EPS and dividends for FY26. The company is concentrating on Australian growth opportunities, simplifying their business model, and recycling capital through various initiatives, including a partnership with KKR for energy investments. HMC Capital reaffirms its operational and dividend targets while scaling its private credit assets and streamlining operations to enhance shareholder returns.
Key Points
  • HMC Capital focuses on high ROE platforms including Real Estate, Digital Infrastructure, Energy Transition, and Private Credit.
  • FY26 Operating EPS guidance is reaffirmed at over 40 cents per share.
  • HMC Capital is simplifying operations by focusing on the Australian data centre platform and scaling back US operations.
  • The company plans to return capital to unitholders from its HMCCP fund while retaining core listed stakes.
  • HMC Capital is pursuing a partnership with KKR for energy transition investments, aiming for significant returns from a 5.7GW pipeline.
  • The company has secured over $1 billion in additional assets under management from institutional investors for private credit.
  • Dividend guidance for FY26 is reaffirmed at 12 cents per share.
  • HMC is strengthening its balance sheet with a sale of assets in Chicago to fund expansion in Sydney.
  • The company is aiming for sustainable growth by recycling capital and focusing on high-growth opportunities.
  • HMC Capital plans to further provide earnings guidance on an underlying basis from FY27 to reduce volatility from fair value movements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.