LPL Financial Q2 EPS Forecast Increased by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Equities research analysts at Zacks Research upped their Q2 2025 earnings per share estimates for LPL Financial in a research note issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $4.53 for the quarter, up from their previous forecast of $4.50. 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 Q3 2025 earnings at $4.75 EPS, FY2025 earnings at $18.83 EPS, Q1 2026 earnings at $5.34 EPS, Q2 2026 earnings at $5.82 EPS, Q4 2026 earnings at $6.01 EPS and FY2027 earnings at $31.56 EPS.

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

A number of other research firms have also commented on LPLA. JPMorgan Chase & Co. lifted their price objective on LPL Financial from $397.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. StockNews.com upgraded LPL Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. TD Cowen upgraded LPL Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $277.00 to $413.00 in a research note on Thursday, December 19th. Citigroup lifted their price objective on LPL Financial from $310.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Keefe, Bruyette & Woods lifted their price objective on LPL Financial from $390.00 to $405.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $379.17.

LPL Financial Trading Down 2.0 %

LPL Financial stock opened at $371.93 on Monday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 2.16 and a current ratio of 2.16. The business’s 50-day simple moving average is $348.99 and its 200-day simple moving average is $291.00. The firm has a market capitalization of $27.85 billion, a PE ratio of 26.49, a PEG ratio of 0.94 and a beta of 0.87. LPL Financial has a 52 week low of $187.19 and a 52 week high of $384.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LPLA. Sequoia Financial Advisors LLC boosted its holdings in shares of LPL Financial by 10.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 945 shares of the financial services provider’s stock worth $220,000 after acquiring an additional 88 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of LPL Financial by 11,516.9% in the 3rd quarter. International Assets Investment Management LLC now owns 92,819 shares of the financial services provider’s stock worth $21,592,000 after acquiring an additional 92,020 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in shares of LPL Financial by 1.9% in the 3rd quarter. IFM Investors Pty Ltd now owns 15,876 shares of the financial services provider’s stock worth $3,693,000 after acquiring an additional 303 shares in the last quarter. Mount Yale Investment Advisors LLC boosted its holdings in shares of LPL Financial by 39.4% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 2,721 shares of the financial services provider’s stock worth $633,000 after acquiring an additional 769 shares in the last quarter. Finally, Forsta AP Fonden boosted its holdings in shares of LPL Financial by 2.0% in the 3rd quarter. Forsta AP Fonden now owns 15,600 shares of the financial services provider’s stock worth $3,629,000 after acquiring an additional 300 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at LPL Financial

In other LPL Financial news, CFO Matthew J. Audette sold 28,777 shares of LPL Financial stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $365.14, for a total transaction of $10,507,633.78. Following the sale, the chief financial officer now directly owns 13,663 shares of the company’s stock, valued at approximately $4,988,907.82. The trade was a 67.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Aneri Jambusaria sold 305 shares of LPL Financial stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $331.94, for a total value of $101,241.70. Following the sale, the director now directly owns 3,920 shares in the company, valued at $1,301,204.80. The trade was a 7.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

LPL Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date of this dividend is 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.