Seaport Res Ptn Lowers Earnings Estimates for Houlihan Lokey

Key Points

• Seaport Res Ptn has decreased its Q2 2026 earnings per share (EPS) forecast for Houlihan Lokey from $1.66 to $1.59, while the consensus estimate for the full-year EPS is $5.98.
• Multiple analysts have raised their price targets for Houlihan Lokey, with Wells Fargo & Company setting a new target at $209.00 and Keefe, Bruyette & Woods increasing theirs to $232.00.
• Houlihan Lokey will pay a quarterly dividend of $0.60 per share on September 15, representing an annualized yield of 1.3% based on a payout ratio of 40.40%.

Houlihan Lokey, Inc. (NYSE:HLI - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q2 2026 earnings estimates for Houlihan Lokey in a research note issued on Wednesday, July 30th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings per share of $1.59 for the quarter, down from their previous estimate of $1.66. 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 FY2026 earnings at $7.55 EPS, Q2 2027 earnings at $1.96 EPS, Q4 2027 earnings at $2.27 EPS, FY2027 earnings at $8.55 EPS and FY2028 earnings at $9.55 EPS.

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

HLI has been the topic of several other research reports. 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. Wall Street Zen cut shares of Houlihan Lokey from a "buy" rating to a "hold" rating in a report on Saturday. Keefe, Bruyette & Woods upgraded shares of Houlihan Lokey from a "hold" rating to a "moderate buy" rating and lifted their price target for the company from $185.00 to $232.00 in a report on Monday, July 14th. Finally, Wells Fargo & Company lifted their price target on shares of Houlihan Lokey from $185.00 to $209.00 and gave the company 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 stock. According to MarketBeat.com, Houlihan Lokey has a consensus rating of "Moderate Buy" and a consensus target price of $206.40.

Houlihan Lokey Price Performance

NYSE:HLI traded down $0.94 during trading hours on Friday, hitting $192.21. The company had a trading volume of 191,191 shares, compared to its average volume of 406,276. The company has a market capitalization of $13.41 billion, a PE ratio of 32.35 and a beta of 0.86. The stock has a 50-day moving average price of $183.43 and a 200 day moving average price of $173.13. Houlihan Lokey has a 52 week low of $137.99 and a 52 week high of $198.78.

Houlihan Lokey Announces Dividend

The firm 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 dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 2nd. Houlihan Lokey's payout ratio is 40.40%.

Insider Activity

In other news, General Counsel Christopher M. Crain sold 500 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $173.02, for a total transaction of $86,510.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Irwin Gold sold 5,000 shares of Houlihan Lokey stock in a transaction dated Monday, June 30th. The stock was 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 have sold 13,508 shares of company stock worth $2,431,670. Corporate insiders own 22.83% of the company's stock.

Hedge Funds Weigh In On Houlihan Lokey

Several large investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its position in Houlihan Lokey by 39,574.9% in the 1st quarter. GAMMA Investing LLC now owns 686,375 shares of the financial services provider's stock worth $1,108,500,000 after buying an additional 684,645 shares during the last quarter. Invesco Ltd. raised its position in Houlihan Lokey by 122.7% in the 4th quarter. Invesco Ltd. now owns 1,041,201 shares of the financial services provider's stock worth $180,815,000 after buying an additional 573,745 shares during the last quarter. Congress Asset Management Co. purchased a new stake in shares of Houlihan Lokey during the 1st quarter valued at about $81,420,000. Westfield Capital Management Co. LP purchased a new stake in shares of Houlihan Lokey during the 1st quarter valued at about $46,236,000. Finally, Handelsbanken Fonder AB increased its position in shares of Houlihan Lokey by 1,946.8% during the 1st quarter. Handelsbanken Fonder AB now owns 275,458 shares of the financial services provider's stock valued at $44,486,000 after purchasing an additional 262,000 shares during the last quarter. Hedge funds and other institutional investors own 78.07% of the company's stock.

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.