Fund Manager Summary on Hansen Technologies Ltd (ASX:HSN)
In March 2026, LSN Capital Partners commented that Hansen Technologies Ltd (ASX:HSN) looked well positioned for growth and attractively valued, while Forager Funds said the company delivered 16% recurring revenue growth, maintained a solid outlook, and continued to benefit from mission-critical software with high switching costs in regulated utility and telco markets. Overall, fund manager commentary on Hansen Technologies has turned more constructive in recent months: earlier 2025 remarks from Blackwattle, Clime, Contact, QVG, Tyndall and Hayborough emphasized defensive earnings, a strong organic growth phase, utility client system modernisation, successful integration of Powercloud, better-than-expected margins, A.I.-driven efficiency gains, new contract wins and a conservative outlook that may leave room for upside. The main opportunities cited are recurring revenue resilience, long customer relationships, strategic M&A potential and further gains from operational discipline and acquired business integration, while the key risks are valuation sensitivity after strong share price moves, contract timing pushing revenue into later periods, and any disappointment relative to management guidance. Recent buying interest suggests investors see the pullback as improving value, with the consensus view leaning toward a durable, high-quality software business that can compound earnings if execution on growth, cost control and acquisitions remains strong.
Commentary
There are 14 insights from 10 fund managers regarding their investment in Hansen Technologies Ltd (ASX:HSN) available on Thesis Tracker.
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The completeness, accuracy or current status of the investments referenced are not guaranteed.
Commentary
The completeness, accuracy or current status of the investments referenced are not guaranteed.
Frequently Asked Questions
Who is investing in Hansen Technologies Ltd (ASX:HSN)?
Fund managers including Endeavor Asset Management, QVG Capital, Blackwattle Investment Partners, Clime Investment Management, Contact Asset Management, Tyndall Asset Management, Hayborough Investment Partners, Infinity Asset Management, LSN Capital Partners and Forager Funds have invested in Hansen Technologies Ltd (ASX:HSN).
Why do fund managers invest in Hansen Technologies Ltd?
Fund managers have invested in Hansen Technologies because it has a defensive, recurring revenue base from mission-critical software used by utilities and telecom customers. Commentators have pointed to growth from customer system upgrades, new contract wins, and earnings contributions from acquisitions such as Powercloud and CONUTI. The business is also seen as having high switching costs, long-term client relationships, and potential for further M&A. Some investors also view the valuation and risk-reward profile as attractive.
What happened to Hansen Technologies Ltd (ASX:HSN)?
Fund managers are investing in Hansen Technologies Ltd due to recent share price weakness perceived as a buying opportunity, as exemplified by Infinity Asset Management's decision to increase their position back to target levels around October 2025.
What is the short interest in Hansen Technologies Ltd (ASX:HSN)?
The short interest in Hansen Technologies Ltd (ASX:HSN) is 1.64% which makes it the 160th most shorted stock on the ASX. Of the 204.2M shares that Hansen Technologies Ltd has on issue, 3.4M have been sold short.
What does Hansen Technologies Ltd (ASX:HSN) do?
Hansen Technologies Ltd. engages in the development, integration, and support of billing systems software for the energy and communications sector. It operates through the Billing and Other segments. The company was founded by Kenneth A. Hansen in 1971 and is headquartered in Melbourne, Australia.