Brad Boggess Joins as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Brad Boggess has joined as a Managing Director in its Capital Markets Group. Based in Atlanta, Mr. Boggess will leverage his deep finance and operational expertise as well as his senior-level relationships with countless private equity and private credit managers for the benefit of the firm. Mr. Boggess joins the firm after spending the past six years at Blackstone as Head of Asset Management for Blackstone Credit and Insurance. While there, he was responsible for driving operational improvement in the portfolio, overseeing the most challenged investments, and moni

Nana Kyei Joins Technology Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Nana Kyei has joined the firm's Technology Group as a Managing Director. Mr. Kyei is based in New York and will focus on education technology within the Software practice, partnering with the firm's Training & Education team to further enhance client service across the sector. Mr. Kyei joins after more than a decade at Jefferies, where he was most recently a Managing Director in its Technology Group, leading the company's education technology and tech-enabled services coverage efforts. Prior experience also includes roles at J.P. Morgan and Merrill Lync

Acquisition Bolsters Firm's Financial and Valuation Advisory Business With Advanced Machine Learning Capabilities Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has acquired Prytania Solutions Ltd. (PSL), a leading provider of technology-driven valuation and analytic services, as it continues to strengthen its market-leading Financial and Valuation Advisory business and offer clients a differentiated experience using data-driven deliverables. The acquisition connects PSL's advanced machine learning technology and market-leading tools with Houlihan Lokey's structured products valuation clients, further enhancing the capabilities and global reach of Houlihan Lokey's Portfolio

– Second Quarter Fiscal 2025 Revenues of $575 million – – Second Quarter Fiscal 2025 Diluted EPS of $1.37 – – Adjusted Second Quarter Fiscal 2025 Diluted EPS of $1.46 – – Announces Dividend of $0.57 per Share for Third Quarter Fiscal 2025 – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its second quarter ended September 30, 2024. For the second quarter ended September 30, 2024, revenues were $575 million, compared with $467 million for the second quarter ended September 30, 2023. Net income was $94 million, or $1.37 per diluted share, for the second quarter ended September 30, 2024, compared with $67 million, or $0.99 per diluted

Clinton Miyazono Joins as a Managing Director to Further Strengthen Credit Practice Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Clinton Miyazono has joined as a Managing Director in its Capital Markets Group. Mr. Miyazono will supplement the firm's credit capabilities and augment the Chicago office. Mr. Miyazono joins the firm with nearly two decades of experience as an advisor and lender. Most recently, he spent two years as a Managing Director at D.A. Davidson Equity Capital Markets, where he was responsible for raising noncontrol capital for privately held, sponsor-backed, and publicly traded companies across various sectors. "At a time during whi

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its second quarter results for the 2025 fiscal year on Wednesday, October 30, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Adelson, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2025 second quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. Access to the live conference call will be available via telephone or

Joy Sioufi Joins Technology Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Joy Sioufi has joined the firm as a Managing Director in its Technology Group. Based in Paris, Mr. Sioufi will focus on the French software market, further strengthening the firm's global and EMEA coverage in this sector. Mr. Sioufi joins the firm from GP Bullhound, where he spent eight years and co-founded the Paris office. During his tenure, he built a team and managed, as a dealmaker and later Partner, more than 60 cross-border M&A transactions across various technology subsectors, including software, FinTech, digital services, and digital media. Pr

Geoff Rhizor Joins Technology Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Geoff Rhizor has joined as a Managing Director. Based in San Francisco, Mr. Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter. Mr. Rhizor joins the firm after spending the past six years at Canaccord Genuity, where he helped establish its West Coast technology Investment Banking practice, focusing on the software, IT services, FinTech, internet, and digital media sectors. Prior to joining Canaccord Genui

Acquisition Substantially Enhances Firm's Coverage Capabilities in Insurance and Wealth Management Sectors, Doubling Size of Financial Services Group Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has agreed to acquire Waller Helms Advisors (Waller Helms), an independent advisory firm that provides investment banking services to clients in the insurance and wealth management sectors. The transaction, signed on August 6, 2024, confirms Houlihan Lokey as the premier investment banking advisor in these sectors and underlines the firm's leadership across the global financial services sector. The deal is expected to be completed before December 31, 2024, following regulatory appr

Andrew Atherton Joins FinTech Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Andrew Atherton has joined the firm's FinTech Group as a Managing Director. Mr. Atherton is based in San Francisco and will cover multiple FinTech sectors as well as FinTech-adjacent enterprise software companies, working closely with his colleagues in both the FinTech and Technology groups to ensure seamless coverage across the firm's client base. Alec Ellison, Global Head of FinTech at Houlihan Lokey, said, "We are absolutely delighted to have Andrew join our leading FinTech Group and add to our coverage capabilities in this dynamic sector. His d

– Second Quarter Fiscal 2025 Revenues of $575 million – – Second Quarter Fiscal 2025 Diluted EPS of $1.37 – – Adjusted Second Quarter Fiscal 2025 Diluted EPS of $1.46 – – Announces Dividend of $0.57 per Share for Third Quarter Fiscal 2025 – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its second quarter ended September 30, 2024. For the second quarter ended September 30, 2024, revenues were $575 million, compared with $467 million for the second quarter ended September 30, 2023. Net income was $94 million, or $1.37 per diluted share, for the second quarter ended September 30, 2024, compared with $67 million, or $0.99 per diluted

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its second quarter results for the 2025 fiscal year on Wednesday, October 30, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Adelson, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2025 second quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. Access to the live conference call will be available via telephone or

– First Quarter Fiscal 2025 Revenues of $514 million – – First Quarter Fiscal 2025 Diluted EPS of $1.30 – – Adjusted First Quarter Fiscal 2025 Diluted EPS of $1.22 – – Announces Dividend of $0.57 per Share for Second Quarter Fiscal 2025 – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its first quarter ended June 30, 2024. For the first quarter ended June 30, 2024, revenues were $514 million, compared with $416 million for the first quarter ended June 30, 2023. Net income was $89 million, or $1.30 per diluted share, for the first quarter ended June 30, 2024, compared with $61 million, or $0.90 per diluted share, for the fir

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its first quarter results for the 2025 fiscal year on Tuesday, July 30, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Adelson, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2025 first quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. Access to the live conference call will be available via telephone or audi

– Fiscal Year 2024 Revenues of $1.91 billion – – Fiscal Year 2024 Diluted EPS of $4.11 – – Adjusted Fiscal Year 2024 Diluted EPS of $4.49 – – Fourth Quarter Fiscal 2024 Revenues of $520 million – – Fourth Quarter Fiscal 2024 Diluted EPS of $1.18 – – Adjusted Fourth Quarter Fiscal 2024 Diluted EPS of $1.27 – – Announces an Increase in the Quarterly Dividend to $0.57 per Share – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its fiscal year and fourth quarter ended March 31, 2024. For the fiscal year, revenues were $1.91 billion, compared with $1.81 billion for the fiscal year ended March 31, 2023. For the fourth quarter ended Ma

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its fourth quarter and full year results for the 2024 fiscal year on Wednesday, May 8, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Beiser, Chief Executive Officer, Scott Adelson, Co-President and Co-Head of Corporate Finance, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2024 fourth quarter and full year results and provide commentary on business performance. A question and answer session with analysts and investors will follow the pre

– Third Quarter Fiscal 2024 Revenues of $511 million – – Third Quarter Fiscal 2024 Diluted EPS of $1.04 – – Adjusted Third Quarter Fiscal 2024 Diluted EPS of $1.22 – – Announces Dividend of $0.55 per Share for Fourth Quarter Fiscal 2024 – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its third quarter ended December 31, 2023. For the third quarter ended December 31, 2023, revenues were $511 million, compared with $456 million for the third quarter ended December 31, 2022. Net income was $71 million, or $1.04 per diluted share, for the third quarter ended December 31, 2023, compared with $63 million, or $0.90 per diluted share, f

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its third quarter results for the 2024 fiscal year on Thursday, February 1, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Beiser, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2024 third quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. Access to the live conference call will be available via telephone or a

– Second Quarter Fiscal 2024 Revenues of $467 million – – Second Quarter Fiscal 2024 Diluted EPS of $0.99 – – Adjusted Second Quarter Fiscal 2024 Diluted EPS of $1.11 – – Announces Dividend of $0.55 per Share for Third Quarter Fiscal 2024 – Houlihan Lokey, Inc. (NYSE:HLI) ("Houlihan Lokey" or the "Company") today reported financial results for its second quarter ended September 30, 2023. For the second quarter ended September 30, 2023, revenues were $467 million, compared with $490 million for the second quarter ended September 30, 2022. Net income was $67 million, or $0.99 per diluted share, for the second quarter ended September 30, 2023, compared with $61 million, or $0.87 per dilute

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its second quarter results for the 2024 fiscal year on Thursday, October 26, 2023, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Beiser, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2024 second quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. Access to the live conference call will be available via telephone or

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

4 - HOULIHAN LOKEY, INC. (0001302215) (Issuer)

In the latest quarter, 4 analysts provided ratings for Houlihan Lokey (NYSE:HLI), showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $147.25, a high estimate of $157.00, and a low estimate of $139.00. This current average reflects an increase of 4.25% fr

Morgan Stanley analyst Manan Gosalia maintains Houlihan Lokey (NYSE:HLI) with a Equal-Weight and raises the price target from $131 to $148.

Houlihan Lokey (NYSE:HLI) has outperformed the market over the past 5 years by 12.89% on an annualized basis producing an average annual return of 25.89%. Currently, Houlihan Lokey has a market capitalization of $9.97 billion. Buying $100 In HLI: If an investor had bought $100 of HLI stock 5 years ago, it would be worth $311.95 today based on a price of $145.37 for HLI at the time of writing. Houlihan Lokey's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engin

Keefe, Bruyette & Woods analyst Michael Brown maintains Houlihan Lokey (NYSE:HLI) with a Market Perform and raises the price target from $132 to $139.

UBS analyst Brennan Hawken maintains Houlihan Lokey (NYSE:HLI) with a Buy and raises the price target from $145 to $157.

Houlihan Lokey (NYSE:HLI) has outperformed the market over the past 5 years by 12.07% on an annualized basis producing an average annual return of 25.23%. Currently, Houlihan Lokey has a market capitalization of $9.23 billion. Buying $100 In HLI: If an investor had bought $100 of HLI stock 5 years ago, it would be worth $307.05 today based on a price of $134.64 for HLI at the time of writing. Houlihan Lokey's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engin

Houlihan Lokey (NYSE:HLI) has outperformed the market over the past 5 years by 11.32% on an annualized basis producing an average annual return of 24.78%. Currently, Houlihan Lokey has a market capitalization of $9.17 billion. Buying $1000 In HLI: If an investor had bought $1000 of HLI stock 5 years ago, it would be worth $2,987.66 today based on a price of $133.70 for HLI at the time of writing. Houlihan Lokey's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content e

Houlihan Lokey (NYSE:HLI) has outperformed the market over the past 5 years by 10.5% on an annualized basis producing an average annual return of 23.6%. Currently, Houlihan Lokey has a market capitalization of $8.94 billion. Buying $100 In HLI: If an investor had bought $100 of HLI stock 5 years ago, it would be worth $286.41 today based on a price of $130.41 for HLI at the time of writing. Houlihan Lokey's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine

Houlihan Lokey's (NYSE:HLI) short percent of float has risen 8.44% since its last report. The company recently reported that it has 1.28 million shares sold short, which is 2.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.83 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

Houlihan Lokey's (NYSE:HLI) short percent of float has fallen 12.79% since its last report. The company recently reported that it has 1.18 million shares sold short, which is 2.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.53 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes

Nana Kyei Joins Technology Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Nana Kyei has joined the firm's Technology Group as a Managing Director. Mr. Kyei is based in New York and will focus on education technology within the Software practice, partnering with the firm's Training & Education team to further enhance client service across the sector. Mr. Kyei joins after more than a decade at Jefferies, where he was most recently a Managing Director in its Technology Group, leading the company's education technology and tech-enabled services coverage efforts. Prior experience also includes roles at J.P. Morgan and Merrill Lync

Acquisition Bolsters Firm's Financial and Valuation Advisory Business With Advanced Machine Learning Capabilities Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has acquired Prytania Solutions Ltd. (PSL), a leading provider of technology-driven valuation and analytic services, as it continues to strengthen its market-leading Financial and Valuation Advisory business and offer clients a differentiated experience using data-driven deliverables. The acquisition connects PSL's advanced machine learning technology and market-leading tools with Houlihan Lokey's structured products valuation clients, further enhancing the capabilities and global reach of Houlihan Lokey's Portfolio

Andrew Atherton Joins FinTech Group as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Andrew Atherton has joined the firm's FinTech Group as a Managing Director. Mr. Atherton is based in San Francisco and will cover multiple FinTech sectors as well as FinTech-adjacent enterprise software companies, working closely with his colleagues in both the FinTech and Technology groups to ensure seamless coverage across the firm's client base. Alec Ellison, Global Head of FinTech at Houlihan Lokey, said, "We are absolutely delighted to have Andrew join our leading FinTech Group and add to our coverage capabilities in this dynamic sector. His d

Ryan Lund Joins as Co-Head of U.S. Technology and Global Co-Head of Software; Vikram Kaushik and Ted Sullivan Join to Further Bolster Software Team Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Ryan Lund has joined the firm's global Technology Group as a Managing Director. Mr. Lund has been appointed Co-Head of U.S. Technology alongside John Lambros and Jason Hill and Global Co-Head of Software with Sascha Pfeiffer. He is based in Miami. Mr. Lund joins from UBS, where he was a Managing Director and Global Head of Software Investment Banking. Prior to UBS, Mr. Lund was Global Head of Software for RBC Capital Markets and spent more than 20 years at Raymond Ja

Team of Four Managing Directors, Led by Industry Veteran Tom Donovan, Join From Greenhill & Co. to Drive U.S. Primary Practice Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced an additional expansion of its Private Funds Group (PFG) with the appointment of a team of four managing directors from Greenhill & Co. to significantly strengthen its U.S. Primary practice. The additions establish Houlihan Lokey as one of the only investment banks in the industry with a single integrated team focused on primary capital raising, secondary capital advisory, direct equity fundraising, and GP stakes advisory. These hires follow the announcement in December 2023 of the acqu

Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.

Experienced Technology Leader and Entrepreneur to Assist Firm's Technology Clients in Brazil Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rafael Pereira has been appointed as a Senior Advisor to assist the firm with its expansion in Brazil. Mr. Pereira has more than two decades of experience as a tech entrepreneur and executive, building and growing technology-based businesses from spearheading startups to publicly listed companies. Mr. Pereira co-founded Open Co, Brazil's leading consumer financing FinTech that democratizes access to affordable credit products to families and small businesses across the country through cutting-edge technologies, r

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

Mr. Moreira to Enhance and Accelerate Expansion of Firm's Business in Brazil Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Ronnie Vaz Moreira has been appointed as a Senior Advisor to assist the firm with its expansion in Brazil. Mr. Moreira is currently a member of the Board of Directors of Andrade Gutierrez, a private multinational conglomerate where he also served as Chief Financial Officer. He previously was Chairman of the Board of Constellation Oil Services Holding; a Member of the Board of Directors of Grupo Baumgart; Executive Vice President of Light Serviços de Eletricidade; and CEO of Globo Comunicações e Participações. Prior experience also

David Kelnar joins as a Managing Director Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that David Kelnar has joined as a Managing Director in the firm's Capital Markets Group to spearhead its equity private placement capability in Europe. He is based in the firm's London office. Mr. Kelnar will focus on providing equity solutions, including growth capital and structured equity, for the firm's corporate and financial-sponsor-backed clients in the region, working closely with the US Equity Private Placements team, headed by Sean Fitzgerald in New York. He joins from Numis, where he spent three years as a Managing Director and Head of Growth Capital Soluti