ARQ Wealth Advisors LLC Purchases Shares of 3,090 LPL Financial Holdings Inc. $LPLA

ARQ Wealth Advisors LLC purchased a new stake in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,090 shares of the financial services provider’s stock, valued at approximately $930,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Osterweis Capital Management Inc. bought a new position in LPL Financial during the second quarter valued at about $26,000. Clearstead Advisors LLC boosted its position in shares of LPL Financial by 3,650.0% during the 4th quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 73 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted 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 purchasing an additional 66 shares in the last quarter. Core Wealth Advisors LLC acquired a new position in shares of LPL Financial in the 4th quarter worth approximately $36,000. Finally, Physician Wealth Advisors Inc. grew its stake in shares of LPL Financial by 580.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 136 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 116 shares during the last quarter. Institutional investors own 95.66% of the company’s stock.

LPL Financial News Roundup

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

• Positive Sentiment: Morgan Stanley raised its price target on LPL Financial to $387 and reiterated an overweight view, signaling continued confidence in the company’s valuation and growth outlook.
• Positive Sentiment: Barclays set a new $394 price target on LPL Financial, reinforcing a bullish analyst consensus around the stock.
• Positive Sentiment: LPL Financial and its acquired Commonwealth unit earned the top two rankings in the 2026 JD Power independent advisor satisfaction study, which may support the company’s reputation with advisors and help attract assets and new relationships. LPL Financial Announces Second Quarter 2026 Earnings Release Date and Conference Call
• Positive Sentiment: Haskin Private Wealth Advisors joined LPL’s independent advisor network, a sign of ongoing recruiting and platform growth. Haskin Private Wealth Advisors Joins LPL’s Independent Advisor Network
• Neutral Sentiment: LPL announced it will report second-quarter 2026 earnings on July 30, which keeps investors focused on upcoming results rather than providing new operating data yet.
• Neutral Sentiment: Short-interest data showed 0 shares reported, so it does not currently suggest meaningful bearish positioning.

LPL Financial Stock Up 1.8%

Shares of NASDAQ LPLA traded up $5.56 during mid-day trading on Friday, reaching $317.03. The company had a trading volume of 667,958 shares, compared to its average volume of 964,974. LPL Financial Holdings Inc. has a twelve month low of $260.15 and a twelve month high of $403.58. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.56 and a current ratio of 2.56. The stock has a market capitalization of $25.36 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 0.65 and a beta of 0.50. The stock’s 50 day moving average is $292.86 and its 200-day moving average is $319.96.

LPL Financial (NASDAQ:LPLA) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.49 by $0.11. LPL Financial had a return on equity of 31.26% and a net margin of 4.93%.The firm had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.98 billion. During the same quarter last year, the firm earned $5.15 earnings per share. The business’s revenue for the quarter was up 34.6% on a year-over-year basis. As a group, equities analysts anticipate that LPL Financial Holdings Inc. will post 23.02 earnings per share for the current fiscal year.

LPL Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, May 21st. LPL Financial’s dividend payout ratio (DPR) is presently 10.71%.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

LPLA has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of LPL Financial in a report on Monday, April 27th. Morgan Stanley increased their price objective on LPL Financial from $374.00 to $387.00 and gave the company an “overweight” rating in a research report on Friday. JPMorgan Chase & Co. decreased their target price on LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 target price on shares of LPL Financial in a research report on Monday, April 6th. Finally, Keefe, Bruyette & Woods initiated coverage on LPL Financial in a report on Wednesday, April 8th. They set an “outperform” rating and a $350.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $396.54.

LPL Financial 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.