Houlihan Lokey (NYSE:HLI – Get Free Report) had its price target decreased by analysts at Morgan Stanley from $193.00 to $187.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. Morgan Stanley’s price target would indicate a potential upside of 38.11% from the stock’s previous close.
Other research analysts also recently issued research reports about the company. The Goldman Sachs Group lowered their price target on Houlihan Lokey from $210.00 to $184.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. UBS Group increased their price objective on Houlihan Lokey from $160.00 to $161.00 and gave the stock a “neutral” rating in a research note on Wednesday. Keefe, Bruyette & Woods decreased their price objective on Houlihan Lokey from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Weiss Ratings cut Houlihan Lokey from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, April 21st. Finally, US Capital Advisors set a $187.00 target price on Houlihan Lokey in a report on Thursday. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.50.
View Our Latest Stock Report on HLI
Houlihan Lokey Stock Performance
Houlihan Lokey (NYSE:HLI – Get Free Report) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.16). The firm had revenue of $635.64 million for the quarter, compared to analyst estimates of $679.22 million. Houlihan Lokey had a net margin of 16.26% and a return on equity of 22.88%. Houlihan Lokey’s revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period last year, the firm earned $1.96 earnings per share. Equities analysts forecast that Houlihan Lokey will post 8.54 earnings per share for the current fiscal year.
Insider Buying and Selling at Houlihan Lokey
In related news, Chairman Scott L. Beiser sold 6,265 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $150.26, for a total transaction of $941,378.90. Following the completion of the sale, the chairman directly owned 6,265 shares in the company, valued at approximately $941,378.90. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 22.83% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of HLI. Royal Bank of Canada lifted its holdings in shares of Houlihan Lokey by 14.4% during the 1st quarter. Royal Bank of Canada now owns 49,584 shares of the financial services provider’s stock valued at $8,008,000 after buying an additional 6,253 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Houlihan Lokey by 50.0% in the 1st quarter. AQR Capital Management LLC now owns 29,654 shares of the financial services provider’s stock valued at $4,598,000 after buying an additional 9,891 shares in the last quarter. Millennium Management LLC acquired a new position in Houlihan Lokey in the first quarter worth approximately $18,964,000. Goldman Sachs Group Inc. increased its holdings in Houlihan Lokey by 5.7% in the first quarter. Goldman Sachs Group Inc. now owns 415,743 shares of the financial services provider’s stock worth $67,143,000 after buying an additional 22,553 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Houlihan Lokey during the second quarter valued at approximately $1,033,000. Hedge funds and other institutional investors own 78.07% of the company’s stock.
Key Houlihan Lokey News
Here are the key news stories impacting Houlihan Lokey this week:
- Positive Sentiment: Bank of America initiated coverage on Houlihan Lokey (HLI) with a Buy rating and a $164 price target, suggesting upside from the current share price. Houlihan Lokey Stock Performance
- Positive Sentiment: Wolfe Research upgraded HLI from Underperform to Peer Perform, which removes a bearish call on the stock and may ease downside sentiment. Wolfe Research Upgrade
- Positive Sentiment: Keefe, Bruyette & Woods still rates Houlihan Lokey Outperform and sees a target of $160, indicating further upside despite trimming its prior target. Keefe, Bruyette & Woods price target update
- Positive Sentiment: Morgan Stanley maintained an Overweight rating on HLI and lowered its price target only modestly to $187, which still points to substantial upside from current levels. Morgan Stanley price target update
- Neutral Sentiment: Houlihan Lokey announced it will release fiscal 2027 first-quarter results on July 29 and hold a conference call the same day; this is a routine event, but it sets up a near-term catalyst. Q1 FY2027 earnings release date
- Neutral Sentiment: The company also said it bolstered its equity capital solutions capabilities with a senior hire, which may help the business but is not an immediate stock-moving event. Senior hire announcement
- Negative Sentiment: Several firms trimmed price targets on HLI, including KBW and Morgan Stanley, which can weigh on sentiment even though both firms remain constructive on the shares. Price target reductions
Houlihan Lokey Company Profile
Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements.
The firm’s core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions.
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