LPL Financial Holdings Inc. (NASDAQ:LPLA) Stock Rated “Moderate Buy” by Wall Street Brokerages

LPL Financial Holdings Inc. (NASDAQ:LPLA) has been assigned a consensus rating of “Moderate Buy” from the eighteen brokerages that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $411.31.

Several analysts recently weighed in on LPLA shares. Wells Fargo & Company started coverage on shares of LPL Financial in a report on Friday, October 2nd. They issued an “overweight” rating and a $362.00 target price for the company. Capital One Financial set a $370.00 price target on LPL Financial in a research note on Tuesday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 price objective on shares of LPL Financial in a research note on Monday. JPMorgan Chase & Co. raised their target price on LPL Financial from $428.00 to $445.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Truist Financial began coverage on LPL Financial in a research report on Tuesday, September 1st. They issued a “hold” rating and a $389.00 target price for the company.

Key Stories Impacting LPL Financial

Here are the key news stories impacting LPL Financial this week:

• Positive Sentiment: JPMorgan raised its price target on LPL Financial to $445 from $428 and maintained an “overweight” rating, signaling increased confidence in the company’s earnings outlook and offering substantial implied upside from recent trading levels. JPMorgan raises LPL Financial price target
• Positive Sentiment: BMO Capital Markets initiated or reiterated a “buy” recommendation on LPL Financial, adding to the constructive analyst sentiment surrounding the brokerage and wealth-management provider. BMO Capital gives LPL Financial a buy rating
• Positive Sentiment: LPL Financial welcomed Legacy Financial Group advisor Brad Jerome to its broker-dealer and RIA platforms. Jerome reportedly brings approximately $175 million in advisory, brokerage and retirement-plan assets, supporting LPL’s ongoing advisor recruiting and asset-gathering strategy. LPL Financial welcomes Legacy Financial Group
• Neutral Sentiment: UBS trimmed its LPL Financial price target slightly to $390 from $391 but retained a “buy” rating. The minimal reduction suggests limited change in its underlying view of the company. UBS adjusts LPL Financial price target
• Neutral Sentiment: LPL Financial will release third-quarter 2026 results after the market closes on October 27, followed by a conference call. Investors may remain cautious ahead of the report, which could provide the next major catalyst for the stock. LPL Financial announces third-quarter earnings date
• Negative Sentiment: BMO separately reduced its price target to $370 from $390 while maintaining an “outperform” rating. Although the rating remains positive, the lower target reflects a more cautious near-term outlook and may weigh on sentiment. BMO lowers LPL Financial price target

Insider Buying and Selling

In related news, insider Katharine Reeping sold 440 shares of LPL Financial stock in a transaction on Friday, September 11th. The stock was sold at an average price of $347.88, for a total value of $153,067.20. Following the completion of the transaction, the insider directly owned 1,774 shares in the company, valued at approximately $617,139.12. This trade represents a 19.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Greg Gates sold 4,119 shares of the business’s stock in a transaction 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 transaction, the director directly owned 23,602 shares of the company’s stock, valued at $8,387,678.76. The trade was a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 5,867 shares of company stock worth $2,079,664 over the last ninety days. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. CX Institutional boosted its position in shares of LPL Financial by 268.9% during the 3rd quarter. CX Institutional now owns 225 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 164 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in LPL Financial by 5.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,452 shares of the financial services provider’s stock valued at $972,000 after purchasing an additional 168 shares in the last quarter. Anchor Investment Management LLC increased its stake in LPL Financial by 0.7% in the second quarter. Anchor Investment Management LLC now owns 10,962 shares of the financial services provider’s stock valued at $3,088,000 after purchasing an additional 78 shares during the last quarter. National Pension Service increased its stake in LPL Financial by 14.8% in the second quarter. National Pension Service now owns 161,309 shares of the financial services provider’s stock valued at $45,438,000 after purchasing an additional 20,758 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in shares of LPL Financial by 2,011.8% during the 2nd quarter. WINTON GROUP Ltd now owns 21,878 shares of the financial services provider’s stock worth $6,163,000 after buying an additional 20,842 shares during the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

LPL Financial Stock Down 2.3%

Shares of NASDAQ LPLA opened at $324.80 on Friday. The company has a market capitalization of $25.57 billion, a P/E ratio of 25.90, a P/E/G ratio of 0.56 and a beta of 0.53. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.39 and a quick ratio of 2.39. The company has a 50 day simple moving average of $346.59 and a 200-day simple moving average of $318.79. LPL Financial has a 1 year low of $260.15 and a 1 year high of $400.16.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.84 EPS for the quarter, beating the consensus estimate of $5.39 by $0.45. The business had revenue of $5.19 billion for the quarter, compared to analyst estimates of $5.04 billion. LPL Financial had a return on equity of 32.20% and a net margin of 5.13%.The company’s quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.51 EPS. On average, equities research analysts predict that LPL Financial will post 24.2 earnings per share for the current year.

LPL Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued 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 0.4%. LPL Financial’s dividend payout ratio is 9.57%.

LPL Financial Company Profile

LPL Financial Holdings Inc is a financial services company that provides brokerage and investment advisory services through a network of independent financial advisors. Operating primarily in the United States, the company supports advisors who serve individuals, families, businesses and retirement plan participants.

LPL Financial’s platform offers access to investment products and services, including equities, bonds, mutual funds, exchange-traded funds, insurance products, annuities and alternative investments.