LPL Financial (LPLA) – Research Analysts’ Recent Ratings Changes

LPL Financial (NASDAQ: LPLA) recently received a number of ratings updates from brokerages and research firms:

• 5/1/2026 – LPL Financial had its price target lowered by TD Cowen from $330.00 to $326.00. They now have a “hold” rating on the stock.
• 5/1/2026 – LPL Financial had its price target raised by Barclays PLC from $369.00 to $412.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – LPL Financial had its price target raised by UBS Group AG from $380.00 to $395.00. They now have a “buy” rating on the stock.
• 5/1/2026 – LPL Financial had its price target lowered by JPMorgan Chase & Co. from $396.00 to $390.00. They now have an “overweight” rating on the stock.
• 4/27/2026 – LPL Financial had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 4/10/2026 – LPL Financial had its price target lowered by Morgan Stanley from $447.00 to $374.00. They now have an “overweight” rating on the stock.
• 4/9/2026 – LPL Financial had its “hold” rating reaffirmed by TD Cowen.
• 4/8/2026 – LPL Financial had its price target lowered by Barclays PLC from $435.00 to $369.00. They now have an “overweight” rating on the stock.
• 4/8/2026 – LPL Financial is now covered by Keefe, Bruyette & Woods. They set an “outperform” rating and a $350.00 price target on the stock.
• 4/8/2026 – LPL Financial was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $380.00 price target on the stock, down from $406.00.
• 4/6/2026 – LPL Financial had its price target lowered by Jefferies Financial Group Inc. from $464.00 to $383.00. They now have a “buy” rating on the stock.
• 4/6/2026 – LPL Financial had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $500.00 price target on the stock.

LPL Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, May 21st. LPL Financial’s dividend payout ratio (DPR) is currently 10.71%.

Insider Activity

In other news, Director Marc Eliot Cohen sold 1,088 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $309.72, for a total value of $336,975.36. Following the completion of the sale, the director directly owned 4,400 shares of the company’s stock, valued at $1,362,768. This trade represents a 19.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew Enyedi sold 2,109 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $320.15, for a total value of $675,196.35. Following the completion of the sale, the director directly owned 14,121 shares of the company’s stock, valued at $4,520,838.15. This represents a 12.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,569 shares of company stock valued at $2,720,733 in the last three months. 0.60% of the stock is currently owned by company insiders.

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.