Q3 EPS Estimates for LPL Financial Raised by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Zacks Research boosted their Q3 2025 earnings per share estimates for LPL Financial in a research note issued on Friday, April 4th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $4.82 per share for the quarter, up from their prior forecast of $4.75. The consensus estimate for LPL Financial’s current full-year earnings is $19.35 per share. Zacks Research also issued estimates for LPL Financial’s FY2025 earnings at $18.93 EPS, Q1 2026 earnings at $5.40 EPS, Q2 2026 earnings at $5.86 EPS, Q3 2026 earnings at $6.21 EPS, FY2026 earnings at $23.47 EPS and Q1 2027 earnings at $7.08 EPS.

A number of other equities analysts have also weighed in on LPLA. UBS Group lifted their price objective on LPL Financial from $390.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 31st. TD Cowen upgraded LPL Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $277.00 to $413.00 in a research report on Thursday, December 19th. Morgan Stanley upped their price objective on LPL Financial from $379.00 to $413.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. StockNews.com lowered shares of LPL Financial from a “hold” rating to a “sell” rating in a report on Wednesday, March 26th. Finally, JPMorgan Chase & Co. increased their price target on shares of LPL Financial from $397.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $380.42.

LPL Financial Trading Down 9.4 %

Shares of LPL Financial stock opened at $283.31 on Monday. LPL Financial has a 1 year low of $187.19 and a 1 year high of $384.04. The company has a debt-to-equity ratio of 1.60, a current ratio of 2.16 and a quick ratio of 2.16. The stock has a market cap of $21.13 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. The firm has a fifty day moving average price of $348.34 and a 200 day moving average price of $316.43.

LPL Financial (NASDAQ:LPLA) last posted its quarterly earnings results on Thursday, January 30th. The financial services provider reported $4.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.24. LPL Financial had a net margin of 8.55% and a return on equity of 49.41%.

Institutional Trading of LPL Financial

Several hedge funds have recently made changes to their positions in LPLA. Norges Bank acquired a new position in LPL Financial in the fourth quarter valued at approximately $305,747,000. Raymond James Financial Inc. purchased a new stake in LPL Financial in the fourth quarter valued at $295,982,000. Boston Partners lifted its stake in shares of LPL Financial by 26.0% in the 4th quarter. Boston Partners now owns 3,905,541 shares of the financial services provider’s stock valued at $1,278,454,000 after purchasing an additional 805,637 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of LPL Financial by 20.6% during the 4th quarter. Janus Henderson Group PLC now owns 3,050,529 shares of the financial services provider’s stock worth $996,032,000 after purchasing an additional 522,032 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of LPL Financial during the 4th quarter worth about $153,946,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Insider Activity

In other LPL Financial news, CFO Matthew J. Audette sold 28,777 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $365.14, for a total value of $10,507,633.78. Following the completion of the sale, the chief financial officer now directly owns 13,663 shares of the company’s stock, valued at $4,988,907.82. This trade represents a 67.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marc Eliot Cohen sold 1,100 shares of LPL Financial stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $365.85, for a total value of $402,435.00. Following the transaction, the director now owns 4,075 shares in the company, valued at approximately $1,490,838.75. This represents a 21.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 34,465 shares of company stock worth $12,562,070 over the last three months. Insiders own 1.30% of the company’s stock.

LPL Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend was Tuesday, March 11th. LPL Financial’s payout ratio is 8.55%.

About LPL Financial

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.