Rep. Kelly Morrison Sells Houlihan Lokey, Inc. (NYSE:HLI) Shares

Representative Kelly Morrison (D-Minnesota) recently sold shares of Houlihan Lokey, Inc. NYSE: HLI. In a filing disclosed on June 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Houlihan Lokey stock on June 4th. The trade occurred in the Representative's "TRUST 5" account.

Representative Kelly Morrison also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ResMed NYSE: RMD on 6/4/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 6/4/2025.
• Sold $1,001 - $15,000 in shares of Zebra Technologies NASDAQ: ZBRA on 6/4/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 6/4/2025.
• Sold $1,001 - $15,000 in shares of WEX NYSE: WEX on 6/4/2025.
• Sold $15,001 - $50,000 in shares of Zebra Technologies NASDAQ: ZBRA on 6/4/2025.
• Sold $1,001 - $15,000 in shares of ResMed NYSE: RMD on 4/28/2025.
• Purchased $15,001 - $50,000 in shares of Meta Platforms NASDAQ: META on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.

Houlihan Lokey Price Performance

NYSE HLI traded up $0.36 during mid-day trading on Wednesday, reaching $195.63. The stock had a trading volume of 75,056 shares, compared to its average volume of 360,285. Houlihan Lokey, Inc. has a 1 year low of $137.99 and a 1 year high of $198.78. The stock has a market cap of $13.65 billion, a PE ratio of 33.62 and a beta of 0.83. The company has a fifty day moving average price of $180.39 and a 200 day moving average price of $171.84.

Houlihan Lokey (NYSE:HLI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.96 EPS for the quarter, beating the consensus estimate of $1.61 by $0.35. Houlihan Lokey had a net margin of 16.73% and a return on equity of 21.61%. The company had revenue of $666.42 million for the quarter, compared to the consensus estimate of $628.25 million. During the same period in the prior year, the firm posted $1.27 EPS. The firm's revenue was up 28.0% compared to the same quarter last year. As a group, equities research analysts expect that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current year.

Houlihan Lokey Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.60 per share. This is a positive change from Houlihan Lokey's previous quarterly dividend of $0.57. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Monday, June 2nd. Houlihan Lokey's dividend payout ratio is currently 41.24%.

Hedge Funds Weigh In On Houlihan Lokey

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System boosted its stake in shares of Houlihan Lokey by 2.8% during the 4th quarter. New York State Teachers Retirement System now owns 17,726 shares of the financial services provider's stock worth $3,078,000 after acquiring an additional 488 shares during the period. Rhumbline Advisers boosted its stake in Houlihan Lokey by 1.6% in the 4th quarter. Rhumbline Advisers now owns 166,038 shares of the financial services provider's stock valued at $28,834,000 after purchasing an additional 2,559 shares during the period. CIBC Asset Management Inc boosted its stake in Houlihan Lokey by 5.0% in the 4th quarter. CIBC Asset Management Inc now owns 1,617 shares of the financial services provider's stock valued at $281,000 after purchasing an additional 77 shares during the period. Venturi Wealth Management LLC lifted its position in shares of Houlihan Lokey by 1,298.1% during the 4th quarter. Venturi Wealth Management LLC now owns 727 shares of the financial services provider's stock valued at $126,000 after acquiring an additional 675 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its position in shares of Houlihan Lokey by 6.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 1,625 shares of the financial services provider's stock valued at $282,000 after acquiring an additional 95 shares during the period. Institutional investors own 78.07% of the company's stock.

Insider Activity

In other Houlihan Lokey news, Chairman Scott L. Beiser sold 8,008 shares of the company's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $178.71, for a total value of $1,431,109.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Christopher M. Crain sold 500 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $173.02, for a total value of $86,510.00. The disclosure for this sale can be found here. In the last three months, insiders sold 13,508 shares of company stock worth $2,431,670. 23.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HLI has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Houlihan Lokey from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. Keefe, Bruyette & Woods upgraded shares of Houlihan Lokey from a "hold" rating to a "moderate buy" rating and upped their target price for the company from $185.00 to $232.00 in a report on Monday, July 14th. Morgan Stanley restated an "overweight" rating and issued a $192.00 target price (up previously from $159.00) on shares of Houlihan Lokey in a report on Monday, June 23rd. Finally, Wells Fargo & Company upped their price target on shares of Houlihan Lokey from $185.00 to $209.00 and gave the company an "overweight" rating in a research report on Friday, July 11th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $206.40.

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota's 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota's 3rd Congressional District. She declared candidacy for the 2026 election. Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison's career experience includes working as a physician.

About Houlihan Lokey

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.