QRG Capital Management Inc. Reduces Stock Holdings in Houlihan Lokey, Inc. $HLI

Posted by George Bondi on Jul 9th, 2026

QRG Capital Management Inc. cut its stake in Houlihan Lokey, Inc. (NYSE:HLI – Free Report) by 46.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,444 shares of the financial services provider’s stock after selling 6,520 shares during the quarter. QRG Capital Management Inc.’s holdings in Houlihan Lokey were worth $1,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of HLI. Royal Bank of Canada boosted its position in shares of Houlihan Lokey by 14.4% during the first 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 period. AQR Capital Management LLC lifted its stake in shares of Houlihan Lokey by 50.0% during the 1st quarter. AQR Capital Management LLC now owns 29,654 shares of the financial services provider’s stock worth $4,598,000 after acquiring an additional 9,891 shares during the last quarter. Millennium Management LLC purchased a new position in Houlihan Lokey during the 1st quarter valued at $18,964,000. Goldman Sachs Group Inc. boosted its holdings in Houlihan Lokey by 5.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 415,743 shares of the financial services provider’s stock valued at $67,143,000 after acquiring an additional 22,553 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in Houlihan Lokey in the 2nd quarter valued at $1,033,000. 78.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings lowered shares of Houlihan Lokey from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. UBS Group raised their target price on shares of Houlihan Lokey from $160.00 to $161.00 and gave the stock a “neutral” rating in a research report on Wednesday. Keefe, Bruyette & Woods decreased their price target on shares of Houlihan Lokey from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Zacks Research raised Houlihan Lokey from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, Morgan Stanley reduced their price objective on Houlihan Lokey from $205.00 to $193.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Houlihan Lokey currently has a consensus rating of “Moderate Buy” and a consensus target price of $191.43.

Read Our Latest Stock Report on HLI

Houlihan Lokey Stock Performance

NYSE:HLI opened at $134.15 on Thursday. Houlihan Lokey, Inc. has a fifty-two week low of $131.30 and a fifty-two week high of $211.78. The stock has a market capitalization of $9.26 billion, a P/E ratio of 21.57, a P/E/G ratio of 1.08 and a beta of 0.95. The company’s 50-day simple moving average is $144.05 and its 200-day simple moving average is $156.83.

Houlihan Lokey (NYSE:HLI – Get Free Report) last posted 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). Houlihan Lokey had a net margin of 16.26% and a return on equity of 22.88%. The firm had revenue of $635.64 million for the quarter, compared to analysts’ expectations of $679.22 million. During the same period in the previous year, the company earned $1.96 EPS. The company’s revenue was down 4.6% on a year-over-year basis. On average, research analysts forecast that Houlihan Lokey, Inc. will post 8.54 EPS for the current year.

Houlihan Lokey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.70 dividend. This is a boost from Houlihan Lokey’s previous quarterly dividend of $0.60. This represents a $2.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, June 1st. Houlihan Lokey’s payout ratio is currently 45.02%.

Insiders Place Their Bets

In related news, Chairman Scott L. Beiser sold 6,265 shares of the 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 transaction, the chairman directly owned 6,265 shares in the company, valued at approximately $941,378.90. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 22.83% of the company’s stock.

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.