Analysts Set LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target at $405.79

Posted by George Bondi on Sep 13th, 2026

LPL Financial Holdings Inc. (NASDAQ:LPLA – Get Free Report) has received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $405.7857.

LPLA has been the subject of several recent research reports. Barclays increased their target price on shares of LPL Financial from $394.00 to $401.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Keefe, Bruyette & Woods upped their price objective on LPL Financial from $365.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Truist Financial started coverage on LPL Financial in a research report on Tuesday, September 1st. They set a “hold” rating and a $389.00 price objective for the company. BMO Capital Markets lifted their target price on LPL Financial from $300.00 to $390.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. boosted their target price on LPL Financial from $408.00 to $428.00 and gave the company an “overweight” rating in a report on Friday, July 31st.

Check Out Our Latest Research Report on LPL Financial

Insider Transactions at LPL Financial

In other news, Director Aneri Jambusaria sold 308 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $357.36, for a total value of $110,066.88. Following the completion of the sale, the director owned 6,107 shares in the company, valued at approximately $2,182,397.52. This trade represents a 4.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Greg Gates sold 4,119 shares of LPL Financial stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $355.38, for a total transaction of $1,463,810.22. Following the completion of the sale, the director directly owned 23,602 shares in the company, valued at approximately $8,387,678.76. The trade was a 14.86% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 5,735 shares of company stock worth $2,020,845. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On LPL Financial

A number of large investors have recently modified their holdings of the business. California State Teachers Retirement System raised its position in LPL Financial by 29,129.4% in the second quarter. California State Teachers Retirement System now owns 34,308,342 shares of the financial services provider’s stock worth $9,663,974,000 after acquiring an additional 34,190,966 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of LPL Financial during the 2nd quarter worth $1,333,189,000. Jupiter Topco LLC purchased a new stake in shares of LPL Financial during the 2nd quarter worth $1,182,595,000. Dodge & Cox grew its stake in shares of LPL Financial by 18.6% during the 4th quarter. Dodge & Cox now owns 3,948,970 shares of the financial services provider’s stock worth $1,410,454,000 after purchasing an additional 619,715 shares during the period. Finally, Janus Henderson Group PLC increased its holdings in shares of 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 valued at $1,103,079,000 after purchasing an additional 289,227 shares in the last quarter. 95.66% of the stock is owned by hedge funds and other institutional investors.

LPL Financial Stock Performance

Shares of LPL Financial stock opened at $353.78 on Tuesday. The firm’s fifty day simple moving average is $347.27 and its 200-day simple moving average is $316.41. LPL Financial has a 12 month low of $260.15 and a 12 month high of $400.16. The stock has a market capitalization of $27.86 billion, a price-to-earnings ratio of 28.21, a PEG ratio of 0.60 and a beta of 0.48. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.39 and a quick ratio of 2.39.

LPL Financial (NASDAQ:LPLA – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.84 earnings per share for the quarter, topping analysts’ consensus estimates of $5.39 by $0.45. LPL Financial had a net margin of 5.13% and a return on equity of 32.20%. The firm had revenue of $5.19 billion during the quarter, compared to analysts’ expectations of $5.04 billion. During the same quarter in the prior year, the business earned $4.51 EPS. LPL Financial’s quarterly revenue was up 35.2% compared to the same quarter last year. As a group, equities analysts forecast that LPL Financial will post 24.06 earnings per share for the current year.

LPL Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a dividend of $0.30 per share. The ex-dividend date was Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.3%. LPL Financial’s dividend payout ratio is presently 9.57%.

About LPL Financial

(Get Free Report)

LPL Financial Holdings Inc (NASDAQ:LPLA) is the parent company of LPL Financial LLC, an independent broker-dealer and registered investment adviser that provides services and support to financial advisors. Rather than operating primarily through a proprietary branch network, LPL enables independent financial professionals, registered investment advisers, and advisors affiliated with banks and credit unions to operate their own practices while accessing investment products, technology, and business resources.

The company’s platform supports brokerage and fee-based advisory services, retirement plan services, insurance and annuity products, alternative investments, cash management, research, compliance, and practice management.