LPL Financial Holdings Inc. to Post Q4 2024 Earnings of $4.14 Per Share, William Blair Forecasts (NASDAQ:LPLA)

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Research analysts at William Blair reduced their Q4 2024 earnings per share estimates for LPL Financial in a report released on Friday, July 26th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings of $4.14 per share for the quarter, down from their prior forecast of $4.28. The consensus estimate for LPL Financial’s current full-year earnings is $15.76 per share. William Blair also issued estimates for LPL Financial’s Q2 2025 earnings at $4.79 EPS, Q3 2025 earnings at $4.72 EPS, Q4 2025 earnings at $5.06 EPS and FY2025 earnings at $19.50 EPS.

Several other equities research analysts also recently issued reports on the company. TD Cowen boosted their price objective on LPL Financial from $243.00 to $255.00 and gave the company a “hold” rating in a report on Friday, July 26th. JMP Securities boosted their price objective on LPL Financial from $305.00 to $310.00 and gave the company a “market outperform” rating in a report on Friday, July 26th. UBS Group boosted their target price on LPL Financial from $285.00 to $290.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 9th. Barclays lowered their target price on LPL Financial from $313.00 to $273.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Bank of America raised LPL Financial from a “neutral” rating to a “buy” rating and set a $268.00 target price for the company in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, LPL Financial currently has an average rating of “Hold” and a consensus target price of $286.80.

LPL Financial Price Performance

LPLA stock opened at $221.58 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $16.55 billion, a PE ratio of 16.74, a P/E/G ratio of 0.88 and a beta of 0.90. LPL Financial has a 12-month low of $200.18 and a 12-month high of $289.88. The business’s fifty day moving average price is $266.38 and its 200 day moving average price is $261.86.

LPL Financial (NASDAQ:LPLA) last posted its quarterly earnings data on Thursday, July 25th. The financial services provider reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.66 by $0.22. The firm had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.89 billion. LPL Financial had a return on equity of 54.38% and a net margin of 8.91%. The company’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.94 EPS.

Institutional Trading of LPL Financial

Several institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC raised its stake in LPL Financial by 38.8% during the 1st quarter. Intech Investment Management LLC now owns 41,850 shares of the financial services provider’s stock valued at $11,057,000 after acquiring an additional 11,703 shares during the last quarter. Mawer Investment Management Ltd. purchased a new stake in LPL Financial during the 4th quarter valued at approximately $3,375,000. Acadian Asset Management LLC raised its stake in LPL Financial by 533.8% during the 1st quarter. Acadian Asset Management LLC now owns 5,153 shares of the financial services provider’s stock valued at $1,359,000 after acquiring an additional 4,340 shares during the last quarter. Sei Investments Co. raised its stake in LPL Financial by 23.4% during the 1st quarter. Sei Investments Co. now owns 113,254 shares of the financial services provider’s stock valued at $29,923,000 after acquiring an additional 21,481 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its stake in LPL Financial by 15.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 34,863 shares of the financial services provider’s stock valued at $7,965,000 after acquiring an additional 4,686 shares during the last quarter. 95.66% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at LPL Financial

In other news, CEO Dan H. Arnold sold 5,677 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $277.31, for a total value of $1,574,288.87. Following the completion of the sale, the chief executive officer now directly owns 142,608 shares of the company’s stock, valued at approximately $39,546,624.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

LPL Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 9th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, August 9th. This represents a $1.20 annualized dividend and a dividend yield of 0.54%. LPL Financial’s dividend payout ratio is currently 9.06%.

LPL Financial Company Profile

LPL Financial Holdings Inc, together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance.