LPL Financial (NASDAQ:LPLA) Given New $440.00 Price Target at Jefferies Financial Group

LPL Financial (NASDAQ:LPLA) had its price objective lifted by Jefferies Financial Group from $426.00 to $440.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

A number of other brokerages have also commented on LPLA. Raymond James Financial upgraded shares of LPL Financial from an “underperform” rating to a “market perform” rating in a research note on Thursday, October 9th. BMO Capital Markets started coverage on shares of LPL Financial in a report on Friday, October 3rd. They set an “outperform” rating and a $365.00 price objective for the company. Morgan Stanley decreased their target price on shares of LPL Financial from $462.00 to $447.00 and set an “overweight” rating for the company in a research report on Monday, December 22nd. JMP Securities set a $475.00 price target on shares of LPL Financial in a research report on Friday, October 31st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $421.00 price objective on shares of LPL Financial in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, LPL Financial presently has a consensus rating of “Moderate Buy” and an average price target of $427.69.

LPL Financial Stock Up 0.5%

LPLA stock opened at $364.50 on Friday. The stock’s 50 day simple moving average is $366.24 and its 200 day simple moving average is $358.36. The company has a market cap of $29.17 billion, a P/E ratio of 33.11, a price-to-earnings-growth ratio of 0.78 and a beta of 0.57. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.60 and a current ratio of 2.60. 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 released its quarterly earnings data on Thursday, January 29th. The financial services provider reported $5.23 EPS for the quarter, beating the consensus estimate of $4.82 by $0.41. LPL Financial had a return on equity of 35.99% and a net margin of 5.08%.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 company posted $4.25 earnings per share. The company’s quarterly revenue was up 8.4% on a year-over-year basis. On average, research analysts expect that LPL Financial will post 19.35 earnings per share for the current fiscal year.

LPL Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 0.3%. LPL Financial’s dividend payout ratio (DPR) is currently 11.05%.

Insider Transactions at LPL Financial

In other news, CEO Richard Steinmeier sold 5,058 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $370.99, for a total value of $1,876,467.42. Following the completion of the transaction, the chief executive officer directly owned 9,326 shares of the company’s stock, valued at $3,459,852.74. This represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Aneri Jambusaria sold 80 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $352.48, for a total value of $28,198.40. Following the sale, the director directly owned 5,502 shares of the company’s stock, valued at $1,939,344.96. The trade was a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,388 shares of company stock worth $2,747,538 in the last 90 days. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On LPL Financial

Hedge funds have recently made changes to their positions in the business. Osterweis Capital Management Inc. purchased a new position in shares of LPL Financial in the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. boosted its stake in LPL Financial by 912.5% in the third quarter. SJS Investment Consulting Inc. now owns 81 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 73 shares during the last quarter. Chung Wu Investment Group LLC purchased a new position in LPL Financial in the third quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. grew its position in shares of LPL Financial by 550.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 66 shares during the period. Finally, Eastern Bank increased its stake in shares of LPL Financial by 72.0% during the 3rd quarter. Eastern Bank now owns 86 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 36 shares during the last quarter. 95.66% of the stock is currently owned by institutional investors.

Trending Headlines about LPL Financial

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

• Positive Sentiment: Analysts at Jefferies raised their price target to $440 and reiterated a Buy rating, signaling ~21% upside vs. the current price — a near-term catalyst for demand. Jefferies Raises Target
• Positive Sentiment: JPMorgan boosted its target to $439 and kept an Overweight rating, another institutional endorsement supporting the rally. JPMorgan Raises Target
• Positive Sentiment: Q4 results beat consensus: adjusted EPS $5.23 (vs. $4.82 est.) and revenue $4.93B (vs. $4.90B). LPL reported record total advisory & brokerage assets (~$2.4T) and declared a $0.30 quarterly dividend — fundamentals that support valuations and analyst optimism. Q4 Results
• Neutral Sentiment: Management commentary and the Q4 call/transcript emphasize integration progress (Commonwealth, Atria) and recruiting priorities — constructive long-term but worth watching for execution and retention metrics. Earnings Deep Dive
• Negative Sentiment: Street caution on 2026 expense outlook: LPL guided materially higher Core G&A when including Commonwealth integration costs (2026 core G&A including Commonwealth: $2,155–2,210M). That guidance and large acquisition-related costs prompted investor concern and was cited as a reason for share weakness right after the print. Expense Outlook Weighs
• Negative Sentiment: TD Cowen trimmed its target to $378 and moved to a Hold — a sign some analysts are less comfortable with near-term margin/expense risk despite the beat. TD Cowen Lowers Target
• Negative Sentiment: Post-earnings coverage highlights that rising expenses and acquisition/integration costs overshadowed the top-line beat for some investors, creating short-term volatility risk. 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.