Houlihan Lokey, Inc. $HLI Shares Sold by HighTower Advisors LLC

Posted by Brian Himes on May 22nd, 2026

HighTower Advisors LLC lowered its stake in shares of Houlihan Lokey, Inc. (NYSE:HLI – Free Report) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 222,857 shares of the financial services provider’s stock after selling 24,928 shares during the quarter. HighTower Advisors LLC’s holdings in Houlihan Lokey were worth $38,819,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Resources Management Corp CT ADV increased its holdings in shares of Houlihan Lokey by 0.9% during the second quarter. Resources Management Corp CT ADV now owns 5,845 shares of the financial services provider’s stock valued at $1,052,000 after acquiring an additional 55 shares in the last quarter. Westside Investment Management Inc. increased its holdings in shares of Houlihan Lokey by 64.4% during the third quarter. Westside Investment Management Inc. now owns 148 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 58 shares in the last quarter. Xponance Inc. increased its holdings in shares of Houlihan Lokey by 0.9% during the third quarter. Xponance Inc. now owns 8,026 shares of the financial services provider’s stock valued at $1,648,000 after acquiring an additional 68 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Houlihan Lokey by 7.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 956 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 70 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Houlihan Lokey by 0.6% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 12,197 shares of the financial services provider’s stock valued at $2,125,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 78.07% of the company’s stock.

Houlihan Lokey Stock Up 1.1%

Shares of NYSE HLI opened at $151.30 on Friday. The business’s 50 day moving average price is $148.89 and its 200 day moving average price is $165.65. The firm has a market cap of $10.56 billion, a P/E ratio of 24.33, a P/E/G ratio of 1.16 and a beta of 0.99. Houlihan Lokey, Inc. has a 52 week low of $134.41 and a 52 week high of $211.78.

Houlihan Lokey (NYSE:HLI – Get Free Report) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.16). The firm had revenue of $635.64 million during the quarter, compared to analysts’ expectations of $679.22 million. Houlihan Lokey had a net margin of 16.26% and a return on equity of 22.88%. Houlihan Lokey’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.96 EPS. As a group, research analysts expect that Houlihan Lokey, Inc. will post 8.54 earnings per share for the current year.

Houlihan Lokey Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.70 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.80 annualized dividend and a yield of 1.9%. This is a boost from Houlihan Lokey’s previous quarterly dividend of $0.60. Houlihan Lokey’s payout ratio is currently 38.59%.

Insider Activity at Houlihan Lokey

In other Houlihan Lokey news, General Counsel Christopher M. Crain sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $143.40, for a total value of $71,700.00. Following the sale, the general counsel owned 500 shares in the company, valued at approximately $71,700. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Scott L. Beiser sold 6,265 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $150.26, for a total value of $941,378.90. Following the completion of the sale, the chairman owned 6,265 shares in the company, valued at approximately $941,378.90. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 22.83% of the company’s stock.

Analyst Ratings Changes

HLI has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of Houlihan Lokey from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. UBS Group set a $160.00 price objective on shares of Houlihan Lokey in a report on Thursday, May 7th. Morgan Stanley dropped their target price on Houlihan Lokey from $205.00 to $193.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Zacks Research lowered Houlihan Lokey from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Finally, Keefe, Bruyette & Woods dropped their target price on Houlihan Lokey from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Houlihan Lokey currently has a consensus rating of “Hold” and an average price target of $191.29.

View Our Latest Analysis on Houlihan Lokey

Houlihan Lokey Profile

(Free Report)

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.