Houlihan Lokey (NYSE:HLI) reported fiscal second-quarter revenue of $692 million for the quarter ended September 30, 2026, up from $660 million a year earlier. Net income attributable to the company was $109 million, compared with $111 million in the prior-year quarter.
GAAP diluted earnings per share were $1.64, compared with $1.63 a year earlier. The board declared a quarterly cash dividend of $0.70 per share, payable December 15, 2026.
- Corporate Finance revenue rose 10% to $481 million.
- Financial Restructuring revenue declined 12% to $118 million.
- Financial and Valuation Advisory revenue increased 7% to $93 million.
- The company repurchased 397 thousand shares during the quarter.
- Cash, cash equivalents and investment securities totaled $888 million as of September 30, 2026.
$HLI Insider Trading Activity
$HLI insiders have traded $HLI stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $HLI stock by insiders over the last 6 months:
- SCOTT L BEISER (CO-CHAIRMAN) sold 6,265 shares for an estimated $941,378
- J LINDSEY ALLEY (Chief Financial Officer) purchased 4,020 shares for an estimated $500,570
- CHRISTOPHER M CRAIN (GENERAL COUNSEL) sold 1,000 shares for an estimated $140,150
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HLI Hedge Fund Activity
We have seen 229 institutional investors add shares of $HLI stock to their portfolio, and 282 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS removed 787,806 shares (-59.9%) from their portfolio in Q2 2026, for an estimated $105,668,418
- LPL FINANCIAL LLC added 539,256 shares (+665.5%) to their portfolio in Q2 2026, for an estimated $72,330,407
- CHAMPLAIN INVESTMENT PARTNERS, LLC removed 507,741 shares (-70.7%) from their portfolio in Q2 2026, for an estimated $68,103,300
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 458,942 shares (+inf%) to their portfolio in Q2 2026, for an estimated $61,557,890
- QUBE RESEARCH & TECHNOLOGIES LTD added 450,323 shares (+176.5%) to their portfolio in Q2 2026, for an estimated $60,401,823
- WELLINGTON MANAGEMENT GROUP LLP removed 431,650 shares (-31.7%) from their portfolio in Q2 2026, for an estimated $57,897,214
- NEUBERGER BERMAN GROUP LLC added 381,844 shares (+62.5%) to their portfolio in Q2 2026, for an estimated $51,216,735
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$HLI Congressional Stock Trading
Members of Congress have traded $HLI stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $HLI stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 08/07, 07/16 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
