Moore Capital Management LP Invests $23.93 Million in LPL Financial Holdings Inc. $LPLA

Posted by Francis Steltz on Jun 18th, 2026

Moore Capital Management LP purchased a new position in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 67,008 shares of the financial services provider’s stock, valued at approximately $23,933,000.

Other hedge funds have also modified their holdings of the company. Osterweis Capital Management Inc. acquired a new stake in shares of LPL Financial in the second quarter valued at $26,000. Clearstead Advisors LLC raised its stake in shares of LPL Financial by 3,650.0% in the fourth quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 73 shares in the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of LPL Financial by 550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. Core Wealth Advisors LLC acquired a new stake in shares of LPL Financial in the fourth quarter valued at $36,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of LPL Financial in the fourth quarter valued at $50,000. 95.66% of the stock is currently owned by institutional investors and hedge funds.

LPL Financial Stock Up 0.4%

LPL Financial stock opened at $304.50 on Thursday. LPL Financial Holdings Inc. has a 1-year low of $260.15 and a 1-year high of $403.58. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. The stock has a market cap of $24.35 billion, a PE ratio of 27.19, a P/E/G ratio of 0.63 and a beta of 0.50. The stock’s fifty day moving average is $302.25 and its two-hundred day moving average is $328.52.

LPL Financial (NASDAQ:LPLA – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share for the quarter, beating analysts’ consensus estimates of $5.49 by $0.11. LPL Financial had a return on equity of 31.26% and a net margin of 4.93%.The company had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.98 billion. During the same period last year, the firm earned $5.15 earnings per share. LPL Financial’s quarterly revenue was up 34.6% on a year-over-year basis. On average, sell-side analysts expect that LPL Financial Holdings Inc. will post 22.98 EPS for the current fiscal year.

LPL Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a $0.30 dividend. The ex-dividend date was 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 10.71%.

Insiders Place Their Bets

In other LPL Financial news, CFO Matthew J. Audette sold 1,110 shares of the firm’s stock in a transaction 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 in the company, valued at $6,535,188.03. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LPLA. Jefferies Financial Group reduced their price objective on LPL Financial from $464.00 to $383.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Keefe, Bruyette & Woods began coverage on LPL Financial in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $350.00 price objective on the stock. JPMorgan Chase & Co. reduced their price objective on LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Barclays increased their price objective on LPL Financial from $369.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of LPL Financial in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $398.86.

Read Our Latest Research Report on LPL Financial

LPL Financial Company Profile

(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.