Q2 EPS Estimates for LPL Financial Lifted by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA - Free Report) - Investment analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of LPL Financial in a note issued to investors on Wednesday, May 28th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $4.39 per share for the quarter, up from their prior estimate of $4.32. The consensus estimate for LPL Financial's current full-year earnings is $19.35 per share. Zacks Research also issued estimates for LPL Financial's Q3 2025 earnings at $4.47 EPS, FY2025 earnings at $18.47 EPS, Q1 2026 earnings at $5.22 EPS, Q2 2026 earnings at $5.36 EPS and FY2027 earnings at $28.60 EPS.

Other research analysts have also recently issued reports about the company. Barclays lifted their price target on LPL Financial from $365.00 to $400.00 and gave the company an "overweight" rating in a research report on Monday, May 12th. Wall Street Zen upgraded LPL Financial from a "hold" rating to a "buy" rating in a research report on Thursday. Citigroup reduced their price target on LPL Financial from $415.00 to $400.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. JMP Securities lifted their price target on LPL Financial from $420.00 to $440.00 and gave the company a "market outperform" rating in a research report on Friday, May 9th. Finally, Wells Fargo & Company reduced their price target on LPL Financial from $405.00 to $342.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Thirteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, LPL Financial presently has a consensus rating of "Buy" and a consensus price target of $377.50.

LPL Financial Stock Performance

Shares of LPLA stock traded down $3.77 on Monday, hitting $383.39. The company had a trading volume of 598,461 shares, compared to its average volume of 838,527. The company has a 50-day moving average price of $336.50 and a 200-day moving average price of $339.35. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.60. The firm has a market cap of $30.66 billion, a P/E ratio of 27.31, a price-to-earnings-growth ratio of 0.94 and a beta of 0.65. LPL Financial has a twelve month low of $187.19 and a twelve month high of $390.23.

LPL Financial (NASDAQ:LPLA - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The financial services provider reported $5.15 EPS for the quarter, topping analysts' consensus estimates of $4.54 by $0.61. LPL Financial had a return on equity of 49.41% and a net margin of 8.55%. The company had revenue of $3.67 billion during the quarter, compared to analysts' expectations of $3.63 billion. During the same quarter in the previous year, the firm posted $3.83 EPS. The firm's revenue was up 4.5% compared to the same quarter last year.

LPL Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.20 annualized dividend and a yield of 0.31%. LPL Financial's dividend payout ratio (DPR) is currently 8.30%.

Institutional Investors Weigh In On LPL Financial

A number of large investors have recently made changes to their positions in the stock. Summit Securities Group LLC purchased a new position in shares of LPL Financial during the 1st quarter worth $26,000. Millstone Evans Group LLC raised its stake in LPL Financial by 123.1% during the first quarter. Millstone Evans Group LLC now owns 87 shares of the financial services provider's stock worth $28,000 after purchasing an additional 48 shares during the period. Graney & King LLC acquired a new position in LPL Financial in the 4th quarter valued at about $30,000. Private Trust Co. NA grew its stake in shares of LPL Financial by 234.5% in the 1st quarter. Private Trust Co. NA now owns 97 shares of the financial services provider's stock valued at $32,000 after buying an additional 68 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of LPL Financial by 63.9% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 100 shares of the financial services provider's stock worth $33,000 after buying an additional 39 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

About LPL Financial

LPL Financial Holdings Inc, together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance.