William Blair Estimates LPL Financial Q2 Earnings

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Investment analysts at William Blair issued their Q2 2026 earnings per share estimates for LPL Financial in a research note issued on Wednesday, November 20th. William Blair analyst J. Schmitt anticipates that the financial services provider will earn $4.78 per share for the quarter. The consensus estimate for LPL Financial’s current full-year earnings is $16.10 per share. William Blair also issued estimates for LPL Financial’s Q3 2026 earnings at $5.06 EPS.

Other research analysts also recently issued reports about the stock. The Goldman Sachs Group lifted their target price on shares of LPL Financial from $271.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Citigroup increased their target price on LPL Financial from $285.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. TD Cowen boosted their price objective on LPL Financial from $271.00 to $277.00 and gave the company a “hold” rating in a research report on Thursday, October 31st. Morgan Stanley increased their target price on LPL Financial from $303.00 to $309.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. Finally, UBS Group raised their target price on LPL Financial from $215.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $286.92.

LPL Financial Price Performance

NASDAQ LPLA opened at $325.12 on Monday. LPL Financial has a 52 week low of $187.19 and a 52 week high of $330.72. The company has a 50-day moving average price of $263.32 and a two-hundred day moving average price of $252.97. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.60. The stock has a market cap of $24.34 billion, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 1.60 and a beta of 0.85.

LPL Financial (NASDAQ:LPLA) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $4.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.47. The firm had revenue of $3.11 billion for the quarter, compared to analysts’ expectations of $3.04 billion. LPL Financial had a net margin of 8.73% and a return on equity of 49.47%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.74 earnings per share.

Hedge Funds Weigh In On LPL Financial

A number of hedge funds and other institutional investors have recently modified their holdings of LPLA. Swedbank AB purchased a new stake in LPL Financial in the first quarter worth $3,648,000. Raymond James & Associates increased its position in shares of LPL Financial by 5.4% during the 2nd quarter. Raymond James & Associates now owns 394,091 shares of the financial services provider’s stock valued at $110,070,000 after purchasing an additional 20,123 shares during the last quarter. Coronation Fund Managers Ltd. lifted its holdings in shares of LPL Financial by 68.2% in the 3rd quarter. Coronation Fund Managers Ltd. now owns 217,451 shares of the financial services provider’s stock worth $50,586,000 after acquiring an additional 88,196 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in LPL Financial by 882.4% in the second quarter. Assenagon Asset Management S.A. now owns 85,914 shares of the financial services provider’s stock worth $23,996,000 after purchasing an additional 77,169 shares during the last quarter. Finally, Mediolanum International Funds Ltd grew its position in LPL Financial by 14.0% during the 3rd quarter. Mediolanum International Funds Ltd now owns 28,548 shares of the financial services provider’s stock worth $6,580,000 after acquiring an additional 3,496 shares during the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.37%. LPL Financial’s dividend payout ratio is currently 9.02%.

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.