UBS Group Cuts LPL Financial (NASDAQ:LPLA) Price Target to $391.00

LPL Financial (NASDAQ:LPLA) had its price objective cut by UBS Group from $395.00 to $391.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

A number of other equities analysts also recently issued reports on the company. Morgan Stanley reduced their price target on LPL Financial from $447.00 to $374.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. Jefferies Financial Group dropped their target price on LPL Financial from $464.00 to $383.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 target price on shares of LPL Financial in a research report on Monday, April 6th. Barclays increased their price target on LPL Financial from $369.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Keefe, Bruyette & Woods initiated coverage on LPL Financial in a report on Wednesday, April 8th. They issued an “outperform” rating and a $350.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $396.54.

LPL Financial Stock Up 1.8%

NASDAQ:LPLA opened at $317.03 on Wednesday. The company’s 50-day simple moving average is $292.86 and its 200-day simple moving average is $319.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.56 and a current ratio of 2.56. LPL Financial has a fifty-two week low of $260.15 and a fifty-two week high of $403.58. The stock has a market capitalization of $25.36 billion, a P/E ratio of 28.31, a P/E/G ratio of 0.64 and a beta of 0.50.

LPL Financial (NASDAQ:LPLA) last posted its earnings results on Thursday, April 30th. The financial services provider reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.49 by $0.11. The company had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.98 billion. LPL Financial had a net margin of 4.93% and a return on equity of 31.26%. LPL Financial’s revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.15 earnings per share. On average, equities analysts anticipate that LPL Financial will post 23.06 earnings per share for the current fiscal year.

LPL Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.30 per share. 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 payout ratio is 10.71%.

Insider Buying and Selling at LPL Financial

In related news, Director Aneri Jambusaria sold 308 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $306.00, for a total value of $94,248.00. Following the transaction, the director directly owned 6,415 shares of the company’s stock, valued at $1,962,990. This represents a 4.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew J. Audette sold 1,110 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total value of $366,311.10. Following the completion of the transaction, the chief financial officer owned 19,803 shares of the company’s stock, valued at $6,535,188.03. This trade represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. 0.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LPLA. Osterweis Capital Management Inc. purchased a new position in LPL Financial during the 2nd quarter worth approximately $26,000. Clearstead Advisors LLC lifted its stake in LPL Financial by 3,650.0% during the 4th quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 73 shares during the period. Steigerwald Gordon & Koch Inc. boosted its holdings in shares of LPL Financial by 550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 66 shares during the last quarter. Core Wealth Advisors LLC purchased a new stake in shares of LPL Financial in the 4th quarter valued at $36,000. Finally, Physician Wealth Advisors Inc. increased its stake in shares of LPL Financial by 580.0% in the first quarter. Physician Wealth Advisors Inc. now owns 136 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 116 shares during the period. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting LPL Financial

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

• Positive Sentiment: Morgan Stanley raised its price target on LPL Financial to $387 and reiterated an overweight view, signaling continued confidence in the company’s valuation and growth outlook.
• Positive Sentiment: Barclays set a new $394 price target on LPL Financial, reinforcing a bullish analyst consensus around the stock.
• Positive Sentiment: LPL Financial and its acquired Commonwealth unit earned the top two rankings in the 2026 JD Power independent advisor satisfaction study, which may support the company’s reputation with advisors and help attract assets and new relationships. LPL Financial Announces Second Quarter 2026 Earnings Release Date and Conference Call
• Positive Sentiment: Haskin Private Wealth Advisors joined LPL’s independent advisor network, a sign of ongoing recruiting and platform growth. Haskin Private Wealth Advisors Joins LPL’s Independent Advisor Network
• Neutral Sentiment: LPL announced it will report second-quarter 2026 earnings on July 30, which keeps investors focused on upcoming results rather than providing new operating data yet.
• Neutral Sentiment: Short-interest data showed 0 shares reported, so it does not currently suggest meaningful bearish positioning.

About LPL Financial

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.