LPL Financial (NASDAQ:LPLA) Given New $394.00 Price Target at Barclays

LPL Financial (NASDAQ:LPLA) had its target price decreased by Barclays from $412.00 to $394.00 in a research report report published on Thursday, MarketBeat.com reports. Barclays currently has an overweight rating on the financial services provider’s stock.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Keefe, Bruyette & Woods initiated coverage on shares of LPL Financial in a research report on Wednesday, April 8th. They issued an “outperform” rating and a $350.00 target price for the company. Citizens Jmp restated a “market outperform” rating and issued a $500.00 price target on shares of LPL Financial in a research note on Monday, April 6th. TD Cowen cut their price target on LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Finally, UBS Group reduced their price objective on LPL Financial from $395.00 to $391.00 and set a “buy” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, LPL Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $397.29.

LPL Financial Trading Up 3.5%

NASDAQ:LPLA opened at $311.47 on Thursday. LPL Financial has a 12-month low of $260.15 and a 12-month high of $403.58. The firm has a market capitalization of $24.91 billion, a P/E ratio of 27.81, a P/E/G ratio of 0.62 and a beta of 0.50. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. The business has a 50 day simple moving average of $293.14 and a 200 day simple moving average of $319.98.

LPL Financial (NASDAQ:LPLA) last issued its earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.49 by $0.11. The firm had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.98 billion. LPL Financial had a return on equity of 31.26% and a net margin of 4.93%.The firm’s revenue for the quarter was up 34.6% on a year-over-year basis. During the same period last year, the company earned $5.15 earnings per share. Equities research analysts predict that LPL Financial will post 22.94 EPS for the current year.

LPL Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, May 21st. LPL Financial’s payout ratio is currently 10.71%.

Insiders Place Their Bets

In other news, Director Aneri Jambusaria sold 308 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $306.00, for a total value of $94,248.00. Following the completion of the sale, the director owned 6,415 shares in the company, valued at $1,962,990. This represents a 4.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew J. Audette sold 1,110 shares of LPL Financial stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total value of $366,311.10. Following the transaction, the chief financial officer directly owned 19,803 shares in the company, valued at approximately $6,535,188.03. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,887 shares of company stock worth $613,144 in the last three months. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On LPL Financial

Hedge funds have recently made changes to their positions in the business. Legacy Wealth Asset Management LLC acquired a new stake in shares of LPL Financial during the 2nd quarter valued at $278,000. Oliver Luxxe Assets LLC grew its holdings in shares of LPL Financial by 6.2% in the 2nd quarter. Oliver Luxxe Assets LLC now owns 11,152 shares of the financial services provider’s stock worth $3,141,000 after acquiring an additional 650 shares during the last quarter. Gradient Investments LLC raised its position in shares of LPL Financial by 7.1% during the second quarter. Gradient Investments LLC now owns 11,655 shares of the financial services provider’s stock worth $3,283,000 after purchasing an additional 774 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab raised its position in shares of LPL Financial by 8.9% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 12,320 shares of the financial services provider’s stock worth $3,470,000 after purchasing an additional 1,008 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of LPL Financial by 4,435.2% during the second quarter. Assenagon Asset Management S.A. now owns 747,086 shares of the financial services provider’s stock worth $210,439,000 after purchasing an additional 730,613 shares during the period. Institutional investors and hedge funds 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: LPL said its firms earned the #1 and #2 rankings in the 2026 JD Power U.S. Financial Advisor Satisfaction Study, with Commonwealth Financial Network taking first place for the 13th straight year and LPL Financial LLC rising to #2. That reinforces LPL’s appeal to independent advisors and supports its growth story. Article Title
• Positive Sentiment: Haskin Private Wealth Advisors joined LPL’s Independent Advisor Network, adding another advisory relationship and signaling continued platform expansion. Article Title
• Positive Sentiment: Cypress Point Wealth Partners also joined LPL’s independent advisor network, adding roughly $175 million in advisory, brokerage and retirement plan assets. This supports asset and revenue growth. Article Title
• Neutral Sentiment: LPL announced it will report second-quarter 2026 earnings on July 30. The scheduled release keeps attention on upcoming results, but by itself does not change fundamentals. Article Title
• Neutral Sentiment: Barclays and UBS both trimmed price targets slightly, but each maintained bullish ratings, suggesting analysts still see upside even after modest valuation adjustments. Article Title
• Negative Sentiment: Some coverage continues to highlight structural fee pressure and AI disruption as risks for LPL’s business model, which may cap enthusiasm despite the recent positive operational news. Article Title

About LPL Financial

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.