Zacks Research Forecasts Stronger Earnings for LPL Financial

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at Zacks Research lifted their Q3 2025 EPS estimates for LPL Financial in a research note issued to investors on Friday, April 4th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $4.82 for the quarter, up from their previous 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.

Several other equities analysts have also recently issued reports on the stock. Morgan Stanley upped their target price on shares of LPL Financial from $379.00 to $413.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Citigroup lowered their price objective on shares of LPL Financial from $415.00 to $400.00 and set a “buy” rating on the stock in a research report on Wednesday, April 2nd. Barclays cut their target price on shares of LPL Financial from $414.00 to $365.00 and set an “overweight” rating for the company in a research report on Monday. Keefe, Bruyette & Woods upped their price objective on LPL Financial from $390.00 to $405.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Finally, TD Cowen raised LPL Financial from a “hold” rating to a “buy” rating and raised their target price for the stock from $277.00 to $413.00 in a research report on Thursday, December 19th. One investment 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 price target of $376.33.

LPL Financial Trading Up 1.6 %

LPL Financial stock opened at $287.86 on Monday. LPL Financial has a one year low of $187.19 and a one year high of $384.04. The business’s fifty day moving average is $347.04 and its 200 day moving average is $316.90. The stock has a market capitalization of $21.47 billion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. The company has a debt-to-equity ratio of 1.60, a current ratio of 2.16 and a quick ratio of 2.16.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LPLA. Boston Partners raised its position in shares of LPL Financial by 26.0% during the fourth quarter. Boston Partners now owns 3,905,541 shares of the financial services provider’s stock valued at $1,278,454,000 after buying an additional 805,637 shares during the last quarter. Janus Henderson Group PLC boosted its stake in LPL Financial by 20.6% during the fourth quarter. Janus Henderson Group PLC now owns 3,050,529 shares of the financial services provider’s stock valued at $996,032,000 after buying an additional 522,032 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in LPL Financial by 2.2% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,660,736 shares of the financial services provider’s stock valued at $868,757,000 after buying an additional 57,485 shares during the last quarter. Geode Capital Management LLC grew its holdings in LPL Financial by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 1,459,942 shares of the financial services provider’s stock valued at $475,946,000 after buying an additional 23,111 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in LPL Financial by 27.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,275,136 shares of the financial services provider’s stock worth $296,635,000 after acquiring an additional 276,166 shares during the last quarter. 95.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Marc Eliot Cohen sold 1,100 shares of the business’s stock in a transaction dated 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 directly owns 4,075 shares in the company, valued at $1,490,838.75. The trade was a 21.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Matthew J. Audette sold 4,588 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $360.07, for a total value of $1,652,001.16. Following the sale, the chief financial officer now owns 16,538 shares of the company’s stock, valued at $5,954,837.66. This represents a 21.72 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,465 shares of company stock valued at $12,562,070. 1.30% of the stock is owned by corporate insiders.

LPL Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.42%. LPL Financial’s dividend payout ratio (DPR) is presently 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.