Houlihan Lokey Q3 EPS Forecast Decreased by Seaport Res Ptn

Key Points

• Houlihan Lokey's Q3 2026 earnings per share (EPS) estimate has been lowered to $1.84 from previous expectations of $1.90, indicating a cautious outlook from analysts.
• The company recently reported an earnings surprise with an EPS of $2.14, surpassing the consensus of $1.69, alongside a year-over-year revenue increase of 17.8%.
• Several analysts have revised their ratings on Houlihan Lokey, with Wells Fargo raising the target price to $209 and Keefe, Bruyette & Woods upgrading the stock to a "moderate buy" with a price target of $232.

Houlihan Lokey, Inc. (NYSE:HLI - Free Report) - Analysts at Seaport Res Ptn decreased their Q3 2026 earnings per share estimates for Houlihan Lokey in a research report issued on Wednesday, July 30th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $1.84 per share for the quarter, down from their prior forecast of $1.90. The consensus estimate for Houlihan Lokey's current full-year earnings is $5.98 per share. Seaport Res Ptn also issued estimates for Houlihan Lokey's Q4 2026 earnings at $1.98 EPS, Q1 2027 earnings at $2.13 EPS and Q3 2027 earnings at $2.19 EPS.

Houlihan Lokey (NYSE:HLI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.45. The firm had revenue of $605.35 million for the quarter, compared to analyst estimates of $573.07 million. Houlihan Lokey had a net margin of 16.46% and a return on equity of 23.75%. The firm's revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.22 EPS.

Several other research firms have also recently weighed in on HLI. Wall Street Zen cut shares of Houlihan Lokey from a "buy" rating to a "hold" rating in a report on Saturday. Morgan Stanley reaffirmed an "overweight" rating and set a $192.00 price objective (up from $159.00) on shares of Houlihan Lokey in a report on Monday, June 23rd. Keefe, Bruyette & Woods upgraded Houlihan Lokey from a "hold" rating to a "moderate buy" rating and boosted their price objective for the company from $185.00 to $232.00 in a research note on Monday, July 14th. Finally, Wells Fargo & Company boosted their price objective on Houlihan Lokey from $185.00 to $209.00 and gave the stock an "overweight" rating in a report on Friday, July 11th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $206.40.

Houlihan Lokey Trading Down 0.5%

HLI stock traded down $0.99 on Monday, hitting $192.16. 323,334 shares of the company's stock traded hands, compared to its average volume of 419,753. Houlihan Lokey has a 1-year low of $137.99 and a 1-year high of $198.78. The stock has a market cap of $13.41 billion, a price-to-earnings ratio of 32.35 and a beta of 0.86. The stock has a fifty day moving average of $183.43 and a 200-day moving average of $173.13.

Hedge Funds Weigh In On Houlihan Lokey

A number of hedge funds have recently bought and sold shares of HLI. Vanguard Group Inc. lifted its stake in Houlihan Lokey by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 5,306,604 shares of the financial services provider's stock worth $857,017,000 after acquiring an additional 41,030 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in Houlihan Lokey by 6.8% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,281,294 shares of the financial services provider's stock worth $569,830,000 after buying an additional 208,851 shares in the last quarter. FMR LLC grew its position in shares of Houlihan Lokey by 9.4% in the fourth quarter. FMR LLC now owns 1,875,220 shares of the financial services provider's stock valued at $325,651,000 after purchasing an additional 161,647 shares during the period. Burgundy Asset Management Ltd. boosted its holdings in Houlihan Lokey by 1.7% in the fourth quarter. Burgundy Asset Management Ltd. now owns 1,251,831 shares of the financial services provider's stock valued at $217,393,000 after acquiring an additional 20,354 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Houlihan Lokey by 122.7% during the fourth quarter. Invesco Ltd. now owns 1,041,201 shares of the financial services provider's stock worth $180,815,000 after purchasing an additional 573,745 shares in the last quarter. Hedge funds and other institutional investors own 78.07% of the company's stock.

Insider Transactions at Houlihan Lokey

In other news, General Counsel Christopher M. Crain sold 500 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $173.02, for a total value of $86,510.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Irwin Gold sold 5,000 shares of the stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $182.81, for a total value of $914,050.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,508 shares of company stock worth $2,431,670. 22.83% of the stock is currently owned by company insiders.

Houlihan Lokey Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a $0.60 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. Houlihan Lokey's payout ratio is 40.40%.

Houlihan Lokey Company Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.