LPL Financial (NASDAQ:LPLA) Price Target Raised to $439.00

LPL Financial (NASDAQ:LPLA) had its price objective lifted by JPMorgan Chase & Co. from $433.00 to $439.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 20.44% from the company’s current price.

Several other research firms also recently weighed in on LPLA. BMO Capital Markets began coverage on LPL Financial in a report on Friday, October 3rd. They issued an “outperform” rating and a $365.00 target price for the company. Citigroup reissued an “outperform” rating on shares of LPL Financial in a research note on Friday, October 31st. Raymond James Financial raised shares of LPL Financial from an “underperform” rating to a “market perform” rating in a report on Thursday, October 9th. TD Cowen dropped their price target on LPL Financial from $399.00 to $378.00 and set a “hold” rating for the company in a research report on Friday. Finally, UBS Group reiterated a “neutral” rating and set a $406.00 price target on shares of LPL Financial in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $427.69.

LPL Financial Stock Up 0.5%

Shares of LPLA traded up $1.79 during mid-day trading on Friday, hitting $364.50. 1,269,840 shares of the company’s stock were exchanged, compared to its average volume of 624,830. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market cap of $29.17 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 0.79 and a beta of 0.57. The stock’s 50-day moving average is $365.83 and its 200-day moving average is $358.40. LPL Financial has a fifty-two week low of $262.83 and a fifty-two week high of $403.58.

LPL Financial (NASDAQ:LPLA) last issued its earnings results on Thursday, January 29th. The financial services provider reported $5.23 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.41. LPL Financial had a net margin of 5.35% and a return on equity of 36.80%. The firm had revenue of $4.93 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the previous year, the firm posted $4.25 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. On average, sell-side analysts anticipate that LPL Financial will post 19.35 earnings per share for the current fiscal year.

Insider Activity

In other LPL Financial news, Director Aneri Jambusaria sold 80 shares of LPL Financial stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $352.48, for a total transaction of $28,198.40. Following the transaction, the director directly owned 5,502 shares of the company’s stock, valued at approximately $1,939,344.96. The trade was a 1.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Steinmeier sold 5,058 shares of LPL Financial stock in a transaction on Friday, December 5th. The shares were sold at an average price of $370.99, for a total transaction of $1,876,467.42. Following the completion of the sale, the chief executive officer owned 9,326 shares of the company’s stock, valued at $3,459,852.74. This represents a 35.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 7,388 shares of company stock valued at $2,747,538 over the last quarter. 1.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On LPL Financial

A number of large investors have recently added to or reduced their stakes in LPLA. AGF Management Ltd. raised its holdings in LPL Financial by 74.9% in the second quarter. AGF Management Ltd. now owns 765,024 shares of the financial services provider’s stock worth $286,861,000 after buying an additional 327,580 shares during the last quarter. Bryn Mawr Trust Advisors LLC purchased a new position in shares of LPL Financial in the 2nd quarter worth $316,000. Callan Family Office LLC bought a new stake in shares of LPL Financial during the 2nd quarter valued at about $1,514,000. Allspring Global Investments Holdings LLC raised its position in LPL Financial by 30.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 191,727 shares of the financial services provider’s stock worth $71,524,000 after acquiring an additional 44,249 shares during the period. Finally, Ellevest Inc. bought a new stake in LPL Financial during the second quarter valued at about $340,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Key LPL Financial News

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

• Positive Sentiment: Q4 beat and large asset base — LPL reported adjusted EPS of $5.23 (beat) and revenue of $4.93B, with total advisory & brokerage assets reaching ~$2.4T, supporting long‑term fee revenue growth. LPL Q4 & FY2025 Results
• Positive Sentiment: Dividend and capital actions — Board declared a $0.30 quarterly dividend (payable March 24), signaling cash return discipline even as the company deploys capital for M&A. Dividend Declaration
• Positive Sentiment: Integration progress and recruiting focus — Management highlighted onboarding/integration of Atria and Commonwealth and recruiting priorities that underpin expected asset retention and future EBITDA run‑rate. That supports the medium‑term growth thesis if retention targets (~90% for Commonwealth) hold. Deep Dive: Integration & Recruiting
• Neutral Sentiment: Earnings call and materials available — Management commentary and the transcript/slide deck provide detail on cadence of asset transitions, expected synergies and timing of Commonwealth conversion (targeted Q4 2026). Traders will parse these for cadence risk. Slide Deck / Press Release
• Neutral Sentiment: Street models & forecasts — Recent analyst research and stock‑forecast pages are being updated to reflect acquisition costs and 2026 outlook ranges; expect forward estimates to shift as integration clarity improves. Analyst Forecasts
• Negative Sentiment: Price target trimmed — TD Cowen cut its target from $399 to $378 and moved to a “hold,” signaling some analyst caution on valuation given near‑term expense lift. TD Cowen Price Target Cut
• Negative Sentiment: Expense outlook and integration costs pressure near‑term results — Management’s 2026 Core G&A outlook rises materially when Commonwealth costs are included (guidance range ~$2.155–2.210B), and several reports note rising expenses overshadowing the quarter’s beat; that concern has weighed on the share reaction. Expense Outlook Weighs on Shares
• Negative Sentiment: Profitability nuance — Although adjusted EPS rose, GAAP net income for the full year declined year‑over‑year and recruiting/recruited asset flows showed quarter‑to‑quarter variability, adding execution risk until integration synergies materialize. Zacks: Costs Rise Despite Beat

LPL Financial Company Profile

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.