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Keefe Bruyette Sees a Supportive 2026 Backdrop for Houlihan Lokey (HLI)
Yahoo Finance· 2025-12-28 07:33
Group 1 - Houlihan Lokey, Inc. (NYSE:HLI) is recognized among 15 dividend stocks with low payout ratios and strong upside potential [1] - Keefe Bruyette has lowered its price target for Houlihan Lokey to $228 from $230 while maintaining an Outperform rating, citing a supportive economic backdrop expected in 2026 [2] - Fiscal Q2 2026 results showed revenue of $659 million, an increase from $575 million in the same quarter of the previous year, with net income rising to $112 million or $1.63 per diluted share compared to $94 million or $1.37 per diluted share a year earlier [3] Group 2 - Revenue growth was broad-based, with Corporate Finance revenue increasing by 21% year over year, Financial Restructuring revenue rising by 2%, and Financial and Valuation Advisory revenue climbing by 10% [4] - As of September 30, 2025, the company held $1.11 billion in unrestricted cash, cash equivalents, and investment securities, providing significant liquidity and flexibility [4] - Houlihan Lokey operates as a global investment bank with strengths in mergers and acquisitions, capital solutions, financial restructuring, and valuation and advisory services [5]