LPL Financial (NASDAQ:LPLA – Free Report) had its price objective hoisted by UBS Group from $380.00 to $395.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.
A number of other research analysts have also weighed in on LPLA. Citizens Jmp reissued a “market outperform” rating and issued a $500.00 target price on shares of LPL Financial in a report on Monday, April 6th. TD Cowen decreased their price target on shares of LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a research note on Friday. Citigroup reissued a “market outperform” rating on shares of LPL Financial in a research note on Tuesday, February 3rd. Barclays boosted their target price on shares of LPL Financial from $369.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Keefe, Bruyette & Woods initiated coverage on shares of LPL Financial in a research report on Wednesday, April 8th. They set an “outperform” rating and a $350.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $398.86.
Read Our Latest Research Report on LPL Financial
LPL Financial Price Performance
LPL Financial (NASDAQ:LPLA – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.49 by $0.11. LPL Financial had a return on equity of 32.06% and a net margin of 4.93%.The company had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.98 billion. During the same period in the prior year, the company earned $5.15 earnings per share. The firm’s revenue was up 34.6% on a year-over-year basis. Equities analysts forecast that LPL Financial will post 23 EPS for the current year.
LPL Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a $0.30 dividend. The ex-dividend date is Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 0.4%. LPL Financial’s dividend payout ratio (DPR) is currently 10.90%.
Insider Buying and Selling at LPL Financial
In related news, Director Marc Eliot Cohen sold 2,212 shares of LPL Financial stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $308.75, for a total transaction of $682,955.00. Following the completion of the transaction, the director directly owned 5,488 shares of the company’s stock, valued at approximately $1,694,420. The trade was a 28.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Matthew Enyedi sold 2,109 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $320.15, for a total transaction of $675,196.35. Following the completion of the sale, the director directly owned 14,121 shares in the company, valued at $4,520,838.15. This trade represents a 12.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,569 shares of company stock worth $2,720,733 over the last quarter. Insiders own 0.60% of the company’s stock.
Institutional Investors Weigh In On LPL Financial
Several hedge funds and other institutional investors have recently modified their holdings of LPLA. Stratos Investment Management LLC boosted its holdings in LPL Financial by 4.2% during the 3rd quarter. Stratos Investment Management LLC now owns 715 shares of the financial services provider’s stock valued at $238,000 after acquiring an additional 29 shares during the period. Goldstein Advisors LLC increased its stake in LPL Financial by 4.8% in the fourth quarter. Goldstein Advisors LLC now owns 634 shares of the financial services provider’s stock worth $226,000 after purchasing an additional 29 shares during the period. Frank Rimerman Advisors LLC increased its stake in LPL Financial by 4.1% in the fourth quarter. Frank Rimerman Advisors LLC now owns 785 shares of the financial services provider’s stock worth $280,000 after purchasing an additional 31 shares during the period. Coastal Bridge Advisors LLC lifted its position in shares of LPL Financial by 0.6% during the fourth quarter. Coastal Bridge Advisors LLC now owns 5,475 shares of the financial services provider’s stock worth $1,956,000 after purchasing an additional 31 shares during the last quarter. Finally, PUREfi Wealth LLC lifted its position in shares of LPL Financial by 4.7% during the third quarter. PUREfi Wealth LLC now owns 732 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 33 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.
Key LPL Financial News
Here are the key news stories impacting LPL Financial this week:
- Positive Sentiment: Q1 beat on the top and bottom line — adjusted EPS of $5.60 and revenue of $4.94B, above consensus; gross profit and adjusted pre-tax income rose year-over-year, supporting profitability. LPL Financial Announces First-Quarter 2026 Results
- Positive Sentiment: Advisory assets and total client assets expanded materially (advisory assets +42% YoY; total client assets $2.3T), increasing recurring-fee exposure and long-term revenue mix. LPLA Q1 Earnings Beat — Zacks
- Positive Sentiment: Capital returns and shareholder-friendly actions: company resumed share repurchases (~$125M planned for Q2) and declared a quarterly dividend ($0.30/share), which can support valuation. LPL Q1 Slide Deck / Press Release
- Neutral Sentiment: JPMorgan slightly trimmed its price target (from $396 to $390) but kept an Overweight rating, signaling continued analyst conviction despite trimming assumptions. Benzinga — JPMorgan Price Target
- Neutral Sentiment: Full earnings call/transcript and analyst notes are available for deeper read-through of assumptions and guidance changes. Earnings Call Transcript — Seeking Alpha
- Negative Sentiment: Recruited assets plunged (~$17B; down ~55% YoY), and organic net new assets were modest ($21B), raising concerns about forward growth momentum for AUM-driven fees. This softness is a key driver of the intra-day decline. Quiver Quant — Asset Metrics & Price Reaction
- Negative Sentiment: Management lowered the estimated Commonwealth run‑rate EBITDA (to ~$410M from $425M) and flagged higher Core G&A, which tempers margin upside and near-term cash flow expectations. LPL Financial Q1 Release — GlobeNewswire
- Negative Sentiment: Market reaction is amplified by visible insider selling activity reported in recent months (multiple insiders selling, few purchases), which can add to near-term selling pressure. Quiver Quant — Insider & Institutional Activity
LPL Financial Company Profile
LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.
The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.
Read More
Receive News & Ratings for LPL Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LPL Financial and related companies with MarketBeat.com's FREE daily email newsletter.
