Q2 EPS Estimates for LPL Financial Lowered by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA - Free Report) - Research analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of LPL Financial in a note issued to investors on Wednesday, July 16th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $4.21 per share for the quarter, down from their prior forecast of $4.39. 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 2026 earnings at $5.32 EPS, Q4 2026 earnings at $5.26 EPS, FY2026 earnings at $21.11 EPS, Q1 2027 earnings at $6.52 EPS and FY2027 earnings at $29.45 EPS.

Several other analysts have also recently issued reports on the company. Wall Street Zen cut LPL Financial from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. JMP Securities boosted their target price 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. TD Cowen downgraded LPL Financial from a "strong-buy" rating to a "hold" rating and cut their target price for the company from $406.00 to $403.00 in a research report on Wednesday, July 9th. Morgan Stanley reaffirmed an "overweight" rating and issued a $490.00 price objective (up previously from $450.00) on shares of LPL Financial in a research report on Tuesday. Finally, Citigroup downgraded LPL Financial from a "neutral" rating to a "sell" rating and set a $80.00 price objective on the stock. in a research report on Wednesday, July 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $372.15.

LPL Financial Stock Up 4.6%

NASDAQ LPLA opened at $385.28 on Friday. The stock has a market cap of $30.82 billion, a PE ratio of 26.42, a P/E/G ratio of 0.90 and a beta of 0.64. LPL Financial has a 12 month low of $187.19 and a 12 month high of $390.23. The stock's 50 day moving average is $377.43 and its 200 day moving average is $350.93. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 1.82.

LPL Financial (NASDAQ:LPLA - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The financial services provider reported $5.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.54 by $0.61. The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.63 billion. LPL Financial had a return on equity of 46.34% and a net margin of 8.23%. The business's quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $3.83 EPS.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Dodge & Cox lifted its position in LPL Financial by 224.1% during the first quarter. Dodge & Cox now owns 1,523,460 shares of the financial services provider's stock worth $498,385,000 after buying an additional 1,053,351 shares in the last quarter. Principal Financial Group Inc. lifted its position in LPL Financial by 1,453.3% during the 1st quarter. Principal Financial Group Inc. now owns 1,038,683 shares of the financial services provider's stock worth $339,795,000 after acquiring an additional 971,814 shares during the period. Norges Bank purchased a new position in shares of LPL Financial during the 4th quarter worth approximately $305,747,000. Jennison Associates LLC raised its stake in shares of LPL Financial by 786.2% during the 1st quarter. Jennison Associates LLC now owns 959,371 shares of the financial services provider's stock worth $313,849,000 after buying an additional 851,115 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in LPL Financial by 550.5% in the 1st quarter. Alliancebernstein L.P. now owns 759,206 shares of the financial services provider's stock valued at $248,367,000 after purchasing an additional 642,503 shares in the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other LPL Financial news, Director Greg Gates sold 1,500 shares of the stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $382.63, for a total value of $573,945.00. Following the completion of the sale, the director directly owned 20,620 shares in the company, valued at approximately $7,889,830.60. This trade represents a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.30% of the company's stock.

LPL Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 30th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend was Friday, May 30th. LPL Financial's dividend payout ratio (DPR) is presently 8.30%.

LPL Financial Company Profile

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.

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