LPL Financial Holdings Inc. (NASDAQ:LPLA) Receives $398.86 Consensus Price Target from Brokerages

Posted by on Jun 7th, 2026

LPL Financial Holdings Inc. (NASDAQ:LPLA – Get Free Report) has earned an average rating of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $398.8571.

A number of research analysts have commented on the company. Keefe, Bruyette & Woods assumed coverage on LPL Financial in a research report on Wednesday, April 8th. They set an “outperform” rating and a $350.00 price target for the company. JPMorgan Chase & Co. reduced their target price on LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Morgan Stanley reduced their target price on LPL Financial from $447.00 to $374.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Jefferies Financial Group reduced their target price on LPL Financial from $464.00 to $383.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $500.00 target price on shares of LPL Financial in a report on Monday, April 6th.

Get Our Latest Research Report on LPLA

Insider Buying and Selling

In other news, CFO Matthew J. Audette sold 1,110 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total value of $366,311.10. Following the sale, the chief financial officer directly owned 19,803 shares of the company’s stock, valued at $6,535,188.03. The trade was a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Eliot Cohen sold 1,088 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $309.72, for a total value of $336,975.36. Following the completion of the sale, the director directly owned 4,400 shares in the company, valued at approximately $1,362,768. This represents a 19.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 4,879 shares of company stock worth $1,538,826. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On LPL Financial

A number of hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in LPL Financial by 7.2% in the 1st quarter. Parallel Advisors LLC now owns 2,711 shares of the financial services provider’s stock worth $816,000 after acquiring an additional 183 shares during the last quarter. Argent Capital Management LLC raised its holdings in LPL Financial by 50.9% in the 1st quarter. Argent Capital Management LLC now owns 28,855 shares of the financial services provider’s stock worth $8,680,000 after acquiring an additional 9,728 shares during the last quarter. Western Wealth Management LLC purchased a new position in LPL Financial in the 1st quarter worth approximately $151,000. Bank of America Corp DE raised its holdings in LPL Financial by 0.9% in the 1st quarter. Bank of America Corp DE now owns 803,428 shares of the financial services provider’s stock worth $241,695,000 after acquiring an additional 7,257 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in LPL Financial by 8.6% in the 1st quarter. Janus Henderson Group PLC now owns 3,666,780 shares of the financial services provider’s stock worth $1,103,079,000 after acquiring an additional 289,227 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

LPL Financial Trading Down 1.1%

LPLA opened at $288.49 on Friday. The business has a 50 day simple moving average of $302.79 and a two-hundred day simple moving average of $331.95. The firm has a market capitalization of $23.07 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 0.59 and a beta of 0.50. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. LPL Financial has a one year low of $260.15 and a one year high of $403.58.

LPL Financial (NASDAQ:LPLA – Get Free Report) last released 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. The business had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.98 billion. LPL Financial had a return on equity of 31.26% and a net margin of 4.93%.LPL Financial’s quarterly revenue was up 34.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.15 EPS. Analysts predict that LPL Financial will post 22.98 EPS for the current year.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. LPL Financial’s dividend payout ratio is 10.71%.

LPL Financial Company Profile

(Get Free Report)

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.

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Analyst Recommendations for LPL Financial (NASDAQ:LPLA)

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