LPL Financial (NASDAQ:LPLA) Price Target Cut to $369.00 by Analysts at Barclays

LPL Financial (NASDAQ:LPLA) had its price target cut by Barclays from $435.00 to $369.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

Several other brokerages have also issued reports on LPLA. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of LPL Financial in a research report on Monday. JPMorgan Chase & Co. boosted their target price on shares of LPL Financial from $433.00 to $439.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Keefe, Bruyette & Woods initiated coverage on shares of LPL Financial in a research report on Wednesday. They set an “outperform” rating and a $350.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of LPL Financial in a research report on Wednesday, January 28th. Finally, UBS Group upgraded shares of LPL Financial from a “neutral” rating to a “buy” rating and cut their target price for the company from $406.00 to $380.00 in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $407.14.

LPL Financial Stock Performance

Shares of NASDAQ LPLA opened at $310.79 on Wednesday. The firm has a 50 day moving average of $319.31 and a 200 day moving average of $342.95. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $24.92 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 0.78 and a beta of 0.56. LPL Financial has a 12-month low of $266.62 and a 12-month high of $403.58.

LPL Financial (NASDAQ:LPLA) last announced its earnings results on Thursday, January 29th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.82 by $0.41. The company had revenue of $4.93 billion during the quarter, compared to analyst estimates of $4.90 billion. LPL Financial had a net margin of 5.08% and a return on equity of 34.19%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the business posted $4.25 earnings per share. On average, research analysts anticipate that LPL Financial will post 19.35 earnings per share for the current year.

LPL Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 annualized dividend and a yield of 0.4%. LPL Financial’s payout ratio is currently 10.90%.

Insider Buying and Selling at LPL Financial

In other LPL Financial news, Director Marc Eliot Cohen sold 2,212 shares of LPL Financial stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $308.75, for a total transaction of $682,955.00. Following the transaction, the director owned 5,488 shares of the company’s stock, valued at $1,694,420. The trade was a 28.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Matthew Enyedi sold 2,109 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $320.15, for a total transaction of $675,196.35. Following the completion of the transaction, the director directly owned 14,121 shares in the company, valued at $4,520,838.15. This trade represents a 12.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 6,990 shares of company stock valued at $2,201,837 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On LPL Financial

Several hedge funds have recently modified their holdings of LPLA. NewEdge Advisors LLC lifted its holdings in shares of LPL Financial by 42.7% in the first quarter. NewEdge Advisors LLC now owns 3,525 shares of the financial services provider’s stock worth $1,153,000 after buying an additional 1,055 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of LPL Financial by 0.5% in the first quarter. Goldman Sachs Group Inc. now owns 209,126 shares of the financial services provider’s stock worth $68,414,000 after buying an additional 1,089 shares in the last quarter. Woodline Partners LP purchased a new position in shares of LPL Financial in the first quarter worth $1,636,000. Focus Partners Wealth lifted its holdings in shares of LPL Financial by 12.2% in the first quarter. Focus Partners Wealth now owns 4,360 shares of the financial services provider’s stock worth $1,426,000 after buying an additional 473 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in shares of LPL Financial in the first quarter worth $121,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

More LPL Financial News

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

• Positive Sentiment: UBS upgraded LPL from “neutral” to “buy” and set a $380 price target, signaling stronger Wall Street support and providing fresh buy-side momentum. Read More.
• Positive Sentiment: Keefe, Bruyette & Woods initiated coverage with an “outperform” rating and a $350 target, adding another buy-side voice and incremental demand. Read More.
• Positive Sentiment: Citizens JMP issued a “market outperform” rating, reinforcing the consensus of recent upgrades and supporting further upside expectations. Read More.
• Positive Sentiment: LPL added Emerald Legacy Advisors (≈$140M in assets) to its platform — a modest but tangible advisor win that supports growth and recurring-fee potential. Read More.
• Neutral Sentiment: Barclays lowered its price target from $435 to $369 but kept an “overweight” rating — a mixed signal that trims upside but maintains institutional support. Read More.
• Neutral Sentiment: Coverage piece noting LPL’s tracking of capital-flow trends in Nasdaq futures — useful market intelligence for investors but unlikely to move fundamentals on its own. Read More.
• Negative Sentiment: Jefferies published a pessimistic forecast for LPL’s stock price, introducing downside risk and a counterweight to the upgrade-driven buying. Read More.

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.