70,358 Shares in LPL Financial Holdings Inc. $LPLA Acquired by Hsbc Holdings PLC

Posted by Brian Himes on Aug 28th, 2026

Hsbc Holdings PLC purchased a new stake in LPL Financial Holdings Inc. (NASDAQ:LPLA – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 70,358 shares of the financial services provider’s stock, valued at approximately $19,782,000. Hsbc Holdings PLC owned 0.09% of LPL Financial at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. EFG International AG acquired a new position in shares of LPL Financial in the second quarter valued at $6,985,000. Primecap Management Co. CA acquired a new stake in shares of LPL Financial during the 2nd quarter worth about $4,507,000. HMI Capital Management L.P. acquired a new stake in shares of LPL Financial during the 2nd quarter worth about $33,407,000. Legal & General Group Plc bought a new stake in shares of LPL Financial during the 2nd quarter worth about $79,845,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of LPL Financial during the 2nd quarter worth about $1,424,000. Institutional investors and hedge funds own 95.66% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on LPLA shares. Keefe, Bruyette & Woods increased their price target on shares of LPL Financial from $365.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, July 31st. UBS Group reduced their price objective on LPL Financial from $395.00 to $391.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. William Blair reaffirmed an “outperform” rating on shares of LPL Financial in a research report on Thursday, June 4th. BMO Capital Markets increased their target price on LPL Financial from $300.00 to $390.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of LPL Financial in a report on Friday, July 24th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $406.69.

Check Out Our Latest Report on LPLA

Insider Activity

In related news, Director Matthew Enyedi sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $352.72, for a total value of $352,720.00. Following the completion of the sale, the director directly owned 13,121 shares in the company, valued at approximately $4,628,039.12. The trade was a 7.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Greg Gates sold 4,119 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $355.38, for a total value of $1,463,810.22. Following the sale, the director directly owned 23,602 shares in the company, valued at $8,387,678.76. This represents a 14.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 5,427 shares of company stock worth $1,910,778. Corporate insiders own 0.60% of the company’s stock.

LPL Financial Price Performance

NASDAQ:LPLA opened at $361.22 on Friday. LPL Financial Holdings Inc. has a 52 week low of $260.15 and a 52 week high of $400.16. The firm has a market cap of $28.44 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 0.61 and a beta of 0.48. The firm’s 50-day simple moving average is $331.59 and its 200 day simple moving average is $314.83. The company has a debt-to-equity ratio of 1.30, a quick ratio of 2.39 and a current ratio of 2.39.

LPL Financial (NASDAQ:LPLA – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $5.84 earnings per share for the quarter, topping the consensus estimate of $5.39 by $0.45. The business had revenue of $5.19 billion during the quarter, compared to analysts’ expectations of $5.04 billion. LPL Financial had a net margin of 5.13% and a return on equity of 32.20%. The business’s revenue was up 35.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.51 EPS. As a group, sell-side analysts predict that LPL Financial Holdings Inc. will post 24.09 earnings per share for the current year.

LPL Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, August 14th. LPL Financial’s payout ratio is presently 9.57%.

About LPL Financial

(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.