LPL Financial Holdings Inc. $LPLA Shares Sold by Swedbank AB

Swedbank AB lowered its stake in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) by 19.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 58,348 shares of the financial services provider’s stock after selling 14,139 shares during the period. Swedbank AB’s holdings in LPL Financial were worth $17,553,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LPLA. Osterweis Capital Management Inc. purchased a new stake in LPL Financial in the second quarter valued at approximately $26,000. Clearstead Advisors LLC boosted its position in shares of LPL Financial by 3,650.0% during the fourth quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider’s stock worth $27,000 after buying an additional 73 shares during the period. Steigerwald Gordon & Koch Inc. grew its stake in shares of LPL Financial by 550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock valued at $28,000 after buying an additional 66 shares in the last quarter. Core Wealth Advisors LLC acquired a new stake in shares of LPL Financial in the fourth quarter valued at $36,000. Finally, Physician Wealth Advisors Inc. raised its holdings in shares of LPL Financial by 580.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 136 shares of the financial services provider’s stock valued at $41,000 after buying an additional 116 shares during the period. Institutional investors and hedge funds own 95.66% of the company’s stock.

More LPL Financial News

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

• Positive Sentiment: LPL said its firms earned the #1 and #2 rankings in the 2026 JD Power U.S. Financial Advisor Satisfaction Study, with Commonwealth Financial Network taking first place for the 13th straight year and LPL Financial LLC rising to #2. That reinforces LPL’s appeal to independent advisors and supports its growth story. Article Title
• Positive Sentiment: Haskin Private Wealth Advisors joined LPL’s Independent Advisor Network, adding another advisory relationship and signaling continued platform expansion. Article Title
• Positive Sentiment: Cypress Point Wealth Partners also joined LPL’s independent advisor network, adding roughly $175 million in advisory, brokerage and retirement plan assets. This supports asset and revenue growth. Article Title
• Neutral Sentiment: LPL announced it will report second-quarter 2026 earnings on July 30. The scheduled release keeps attention on upcoming results, but by itself does not change fundamentals. Article Title
• Neutral Sentiment: Barclays and UBS both trimmed price targets slightly, but each maintained bullish ratings, suggesting analysts still see upside even after modest valuation adjustments. Article Title
• Negative Sentiment: Some coverage continues to highlight structural fee pressure and AI disruption as risks for LPL’s business model, which may cap enthusiasm despite the recent positive operational news. Article Title

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LPLA shares. Morgan Stanley decreased their target price on LPL Financial from $447.00 to $374.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LPL Financial in a research report on Monday, April 27th. JPMorgan Chase & Co. cut their price target on shares of LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. UBS Group reduced their price target on shares of LPL Financial from $395.00 to $391.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Jefferies Financial Group lowered their price objective on shares of LPL Financial from $464.00 to $383.00 and set a “buy” rating for the company in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $397.29.

Insider Buying and Selling

In other news, Director Aneri Jambusaria sold 308 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $306.00, for a total value of $94,248.00. Following the sale, the director directly owned 6,415 shares in the company, valued at approximately $1,962,990. This trade represents a 4.58% decrease in their position. The sale was disclosed in a document filed 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, CFO Matthew J. Audette sold 1,110 shares of LPL Financial stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total transaction of $366,311.10. Following the sale, the chief financial officer directly owned 19,803 shares of the company’s stock, valued at approximately $6,535,188.03. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,887 shares of company stock worth $613,144. Insiders own 0.60% of the company’s stock.

LPL Financial Price Performance

LPLA stock opened at $311.47 on Friday. The business’s 50-day moving average is $293.14 and its two-hundred day moving average is $319.98. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. The firm has a market capitalization of $24.91 billion, a P/E ratio of 27.81, a P/E/G ratio of 0.62 and a beta of 0.50. LPL Financial Holdings Inc. has a 1 year low of $260.15 and a 1 year high of $403.58.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings data 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 return on equity of 31.26% and a net margin of 4.93%.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 business’s revenue for the quarter was up 34.6% on a year-over-year basis. Analysts anticipate that LPL Financial Holdings Inc. will post 22.94 earnings per share for the current fiscal year.

LPL Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. LPL Financial’s dividend payout ratio is currently 10.71%.

LPL Financial Profile

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.