Houlihan Lokey (NYSE:HLI) Stock Unloaded Rep. Kelly Morrison

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 Stock Performance

HLI opened at $196.09 on Friday. The stock has a market cap of $13.69 billion, a price-to-earnings ratio of 33.69 and a beta of 0.83. The stock's 50 day moving average price is $179.71 and its 200-day moving average price is $171.51. Houlihan Lokey, Inc. has a one year low of $137.99 and a one year high of $198.78.

Houlihan Lokey (NYSE:HLI - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.35. The firm had revenue of $666.42 million during the quarter, compared to analyst estimates of $628.25 million. Houlihan Lokey had a return on equity of 21.61% and a net margin of 16.73%. Houlihan Lokey's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.27 earnings per share. As a group, analysts predict that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current fiscal year.

Houlihan Lokey Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.60 per share. This is a boost from Houlihan Lokey's previous quarterly dividend of $0.57. The ex-dividend date was Monday, June 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Houlihan Lokey's dividend payout ratio is currently 41.24%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HLI. Vanguard Group Inc. grew its holdings in Houlihan Lokey by 0.8% in the first quarter. Vanguard Group Inc. now owns 5,306,604 shares of the financial services provider's stock worth $857,017,000 after purchasing an additional 41,030 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Houlihan Lokey by 6.8% in 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 purchasing an additional 208,851 shares during the last quarter. FMR LLC grew its holdings in Houlihan Lokey by 9.4% in the fourth quarter. FMR LLC now owns 1,875,220 shares of the financial services provider's stock worth $325,651,000 after purchasing an additional 161,647 shares during the last quarter. Burgundy Asset Management Ltd. grew 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 worth $217,393,000 after purchasing an additional 20,354 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Houlihan Lokey by 122.7% in 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 during the last quarter. 78.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Chairman Irwin Gold sold 5,000 shares of Houlihan Lokey stock in a transaction on Monday, June 30th. The shares were sold at an average price of $182.81, for a total transaction of $914,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Christopher M. Crain sold 500 shares of Houlihan Lokey stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $173.02, for a total transaction of $86,510.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,508 shares of company stock valued at $2,431,670. 23.68% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

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.

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