Track market-moving stories before they get noisy

Posted by Defense World Staff on Aug 1st, 2026

Argent Capital Management LLC decreased its stake in shares of Houlihan Lokey, Inc. (NYSE:HLI – Free Report) by 14.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 202,422 shares of the financial services provider’s stock after selling 33,673 shares during the period. Argent Capital Management LLC owned 0.29% of Houlihan Lokey worth $29,072,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Robinhood Asset Management LLC acquired a new stake in Houlihan Lokey during the fourth quarter worth about $6,862,000. Pier Capital LLC raised its position in shares of Houlihan Lokey by 62.3% during the 4th quarter. Pier Capital LLC now owns 44,000 shares of the financial services provider’s stock worth $7,664,000 after purchasing an additional 16,894 shares during the period. M&T Bank Corp bought a new stake in shares of Houlihan Lokey in the 4th quarter worth approximately $4,467,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Houlihan Lokey during the 4th quarter valued at approximately $1,942,000. Finally, Fenimore Asset Management Inc grew its stake in Houlihan Lokey by 16.2% during the 4th quarter. Fenimore Asset Management Inc now owns 123,672 shares of the financial services provider’s stock worth $21,542,000 after buying an additional 17,199 shares during the last quarter. 78.07% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Houlihan Lokey Here are the key news stories impacting Houlihan Lokey this week:

Positive Sentiment: Houlihan Lokey declared a quarterly dividend of $0.70 per share, payable September 15 to shareholders of record September 1. The dividend implies an annualized yield of approximately 2.2%, providing shareholder income. Positive Sentiment: Morgan Stanley maintained an “overweight” rating despite lowering its price target to $177 from $187, while Keefe, Bruyette & Woods retained an “outperform” rating and reduced its target to $153 from $160. Both targets remain substantially above the recent trading level, suggesting analysts expect a recovery. Neutral Sentiment: UBS lowered its price target to $147 from $161 and maintained a “neutral” rating. The revised target still indicates upside, but the cut reflects more cautious expectations for the company’s valuation or near-term performance. Houlihan Lokey Given New $147 Price Target at UBS Group Negative Sentiment: Fiscal Q1 earnings were well below expectations: adjusted EPS was $1.35 versus the $1.64 consensus, and revenue was $511 million versus $602.38 million expected. EPS also fell from $2.14 a year earlier, while revenue declined 15.6% year over year. The sizable earnings and revenue misses are the primary catalyst weighing on HLI. Houlihan Lokey Misses Q1 Earnings and Revenue Estimates Insider Activity at Houlihan Lokey In related news, Chairman Scott L. Beiser sold 6,265 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $150.26, for a total value of $941,378.90. Following the completion of the transaction, the chairman owned 6,265 shares of the company’s stock, valued at approximately $941,378.90. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 22.83% of the company’s stock.

Analyst Ratings Changes Several analysts recently weighed in on HLI shares. UBS Group cut their price objective on shares of Houlihan Lokey from $161.00 to $147.00 and set a “neutral” rating on the stock in a research report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Houlihan Lokey in a research report on Friday, July 17th. Zacks Research raised Houlihan Lokey from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. The Goldman Sachs Group cut their target price on Houlihan Lokey from $171.00 to $148.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Morgan Stanley decreased their price target on Houlihan Lokey from $187.00 to $177.00 and set an “overweight” rating for the company in a research note on Thursday. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $174.62.

Get Our Latest Stock Analysis on Houlihan Lokey

Houlihan Lokey Stock Performance Houlihan Lokey stock opened at $125.21 on Friday. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 1.09 and a beta of 0.95. Houlihan Lokey, Inc. has a 1 year low of $112.83 and a 1 year high of $211.78. The firm’s 50 day moving average price is $139.40 and its two-hundred day moving average price is $152.13.

Houlihan Lokey (NYSE:HLI – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($0.29). Houlihan Lokey had a return on equity of 20.20% and a net margin of 16.10%.The company had revenue of $511.00 million for the quarter, compared to the consensus estimate of $602.38 million. During the same period in the prior year, the business earned $2.14 earnings per share. The business’s revenue was down 15.6% compared to the same quarter last year. As a group, equities analysts predict that Houlihan Lokey, Inc. will post 7.91 EPS for the current fiscal year.

Houlihan Lokey Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Houlihan Lokey’s dividend payout ratio (DPR) is 47.06%.

Houlihan Lokey Company 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.

Read More Five stocks we like better than Houlihan Lokey Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple’s Record Quarter Could Not Outrun Its Guidance Problem McKesson’s Compounding Keeps Adding Up Want to see what other hedge funds are holding HLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Houlihan Lokey, Inc. (NYSE:HLI – Free Report).

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Transaction Will Substantially Grow the Firm’s Coverage Capabilities Across the Oil and Gas Industry

HOUSTON & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has agreed to acquire Intrepid Financial Partners, LLC (Intrepid), a premier independent investment bank specializing in providing advisory services to the energy sector. The transaction, signed June 27, 2026, adds substantially to the firm’s comprehensive coverage of the energy sector. The transaction is expected to be completed before September 30, 2026, following regulatory approval. Intrepid Investment Management, LLC, Intrepid’s investment management business, is not part of the transaction and will continue to operate as a separate entity under the same name.

Founded in 2015 by Hugh E. “Skip” McGee III and Christopher F. Winchenbaugh, Intrepid is a leader in providing mergers and acquisitions, fairness opinions, capital raising, and restructuring services to clients across the energy sector, including exploration and production, midstream and infrastructure, downstream and retail, energy services and technology, and energy transition. Since its founding, Intrepid has advised on more than 120 transactions in the energy sector totaling more than $215 billion.

“Intrepid’s suite of services is a perfect match with Houlihan Lokey, and its comprehensive coverage of the energy sector adds significantly to our longtime strategy of delivering the deepest possible sector expertise to our global client base. This acquisition is an outstanding addition to the Oil & Gas Group and to our overall business as we continue to grow our capabilities,” said Larry DeAngelo, Global Co-Head of Corporate Finance at Houlihan Lokey.

Following the transaction, the Intrepid team will join Houlihan Lokey’s global Oil & Gas Group. Mr. McGee, CEO of Intrepid, will join as a Managing Director and Global Chairman of Oil & Gas. Mr. Winchenbaugh, President of Intrepid, will join as a Managing Director and Global Co-Head of Oil & Gas alongside J.P. Hanson, currently Global Head of Oil & Gas at Houlihan Lokey. The acquisition will add 34 financial professionals to Houlihan Lokey’s Oil & Gas team, bringing the global team to more than 70 financial professionals worldwide. On a pro forma basis, according to data from LSEG, the new combined group advised on 23 U.S. Energy and Power M&A transactions in 2025.

“Houlihan Lokey’s comprehensive matrix of products, services, and global footprint, alongside a passionate dedication to its clients, represents an excellent business compatibility and cultural fit with Intrepid’s platform and our ‘client-first’ philosophy. We cannot think of a better home for Intrepid, our team, and our clients, and we’re delighted to be joining the Oil & Gas Group alongside J.P. and his team,” said Mr. McGee. “As part of the Houlihan Lokey team, we will be able to deliver additional products and continue to deliver the best advice to our clients, which is at the core of what we do.”

“Intrepid’s strength in corporate M&A advisory, particularly in the upstream, midstream, and alternative energy sectors, combined with Houlihan Lokey’s global strength in M&A across upstream, midstream, and downstream, as well as technical asset-level acquisition and divestiture (A&D) advisory in the upstream sector, establishes one of the most comprehensive energy advisors, with superior capabilities across all facets of the oil and gas industry and broader energy spectrum,” said Mr. Hanson. “I’m excited to partner with Skip, Chris, and the Intrepid team to grow the business and continue to provide outstanding advice and results to our energy clients.”

“This combination is exceptionally timely,” said Mr. Winchenbaugh. “We are currently navigating a highly compelling seller’s market, driven by volatility with stark pricing dislocations and massive pools of dedicated capital actively seeking deployment amid uncertainty in the energy markets. I have no doubt our clients will benefit tremendously from the strong synergies and centers of expertise that this acquisition establishes.”

Houlihan Lokey’s Oil & Gas Group provides M&A and A&D advisory, capital raising, valuation, and financial recapitalization/restructuring, as well as financial and board advisory services to clients around the world. The global, cross-product, industry-dedicated team consists of more than 40 highly experienced professionals, including an A&D/technical team led by a group of technically focused industry professionals with an average of 25+ years of industry experience. In 2025, Houlihan Lokey was ranked as the No. 1 advisor for U.S. Energy and Power M&A transactions under $1 billion, according to data from LSEG.

About Houlihan Lokey

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com.

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