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

Posted by Stanley Muller on Jun 28th, 2026

LPL Financial Holdings Inc. (NASDAQ:LPLA – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $398.8571.

LPLA has been the topic of several recent analyst reports. Keefe, Bruyette & Woods initiated coverage on shares of LPL Financial in a report on Wednesday, April 8th. They set an “outperform” rating and a $350.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on shares of 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 cut their price objective on shares of LPL Financial from $447.00 to $374.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. UBS Group upped their price objective on shares of LPL Financial from $380.00 to $395.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, TD Cowen cut their price objective on shares of LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a report on Friday, May 1st.

Check Out Our Latest Stock Analysis on LPLA

Insider Activity at LPL Financial

In related news, CFO Matthew J. Audette sold 1,110 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $330.01, for a total value of $366,311.10. Following the transaction, the chief financial officer owned 19,803 shares in the company, valued at approximately $6,535,188.03. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Aneri Jambusaria sold 308 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $306.00, for a total transaction of $94,248.00. Following the completion of the transaction, the director owned 6,415 shares in the company, valued at approximately $1,962,990. This trade represents a 4.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,887 shares of company stock worth $613,144. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On LPL Financial

Several hedge funds and other institutional investors have recently bought and sold shares of LPLA. Osterweis Capital Management Inc. acquired a new position in LPL Financial in the 2nd quarter worth approximately $26,000. Clearstead Advisors LLC boosted its position in LPL Financial by 3,650.0% in the 4th quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 73 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted its position in LPL Financial by 550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 66 shares in the last quarter. Core Wealth Advisors LLC purchased a new stake in LPL Financial in the 4th quarter worth approximately $36,000. Finally, Physician Wealth Advisors Inc. boosted its position in LPL Financial by 580.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 136 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 116 shares in the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

LPL Financial Stock Performance

Shares of LPL Financial stock opened at $269.03 on Thursday. The company has a market capitalization of $21.52 billion, a PE ratio of 24.02, a P/E/G ratio of 0.55 and a beta of 0.50. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.56 and a current ratio of 2.56. The company has a 50-day simple moving average of $298.21 and a two-hundred day simple moving average of $325.09. 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 announced its earnings results on Thursday, April 30th. The financial services provider reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.49 by $0.11. LPL Financial had a net margin of 4.93% and a return on equity of 31.26%. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.98 billion. During the same period in the previous year, the company posted $5.15 earnings per share. The firm’s revenue was up 34.6% on a year-over-year basis. Research analysts expect that LPL Financial 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. Investors of record on Thursday, May 21st were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, May 21st. LPL Financial’s dividend payout ratio is 10.71%.

About LPL Financial

(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.