William Blair Weighs in on LPL Financial Q2 Earnings

Key Points

• William Blair forecasts LPL Financial will report earnings of $6.82 per share for Q2 2027, with a full-year estimate of $19.35 EPS.
• The company reported Q2 earnings of $4.51 per share, beating the consensus estimate by $0.30 and a 30.8% increase in revenue to $3.84 billion.
• LPL Financial is currently rated as a "Moderate Buy" based on analyst evaluations, with a consensus target price of $381.08.

LPL Financial Holdings Inc. (NASDAQ:LPLA - Free Report) - William Blair issued their Q2 2027 earnings per share (EPS) estimates for LPL Financial in a research report issued on Friday, August 1st. William Blair analyst J. Schmitt expects that the financial services provider will post earnings per share of $6.82 for the quarter. The consensus estimate for LPL Financial's current full-year earnings is $19.35 per share. William Blair also issued estimates for LPL Financial's FY2027 earnings at $28.40 EPS.

A number of other analysts also recently issued reports on LPLA. Wall Street Zen downgraded shares of LPL Financial from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. TD Cowen lowered shares of LPL Financial from a "strong-buy" rating to a "hold" rating and reduced their price objective for the company from $406.00 to $403.00 in a research note on Wednesday, July 9th. Wells Fargo & Company lifted their price objective on shares of LPL Financial from $402.00 to $420.00 and gave the company an "overweight" rating in a research note on Friday, July 11th. Barclays lifted their price objective on shares of LPL Financial from $460.00 to $463.00 and gave the company an "overweight" rating in a research note on Friday. Finally, JMP Securities lifted their price objective on shares of LPL Financial from $420.00 to $440.00 and gave the company a "market outperform" rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $383.58.

LPL Financial Stock Down 0.2%

NASDAQ LPLA traded down $0.63 during trading hours on Monday, hitting $373.94. The company's stock had a trading volume of 656,342 shares, compared to its average volume of 947,572. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $29.91 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 0.89 and a beta of 0.66. LPL Financial has a 52 week low of $187.19 and a 52 week high of $403.58. The company's 50-day simple moving average is $378.57 and its two-hundred day simple moving average is $355.27.

LPL Financial (NASDAQ:LPLA - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.30. The company had revenue of $3.84 billion for the quarter, compared to analysts' expectations of $3.77 billion. LPL Financial had a net margin of 7.91% and a return on equity of 47.01%. LPL Financial's revenue for the quarter was up 30.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.88 earnings per share.

Institutional Investors Weigh In On LPL Financial

Large investors have recently added to or reduced their stakes in the stock. Ellevest Inc. bought a new position in shares of LPL Financial during the second quarter worth about $340,000. Huntington National Bank boosted its stake in LPL Financial by 135.3% in the second quarter. Huntington National Bank now owns 546 shares of the financial services provider's stock valued at $205,000 after buying an additional 314 shares in the last quarter. Lynwood Price Capital Management LP grew its position in LPL Financial by 2.9% during the 2nd quarter. Lynwood Price Capital Management LP now owns 54,000 shares of the financial services provider's stock worth $20,248,000 after acquiring an additional 1,500 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of LPL Financial by 7.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 485,462 shares of the financial services provider's stock worth $182,034,000 after buying an additional 32,729 shares in the last quarter. Finally, Machina Capital S.A.S. grew its position in LPL Financial by 54.3% in the 2nd quarter. Machina Capital S.A.S. now owns 2,999 shares of the financial services provider's stock valued at $1,125,000 after purchasing an additional 1,055 shares during the period. Institutional investors own 95.66% of the company's stock.

Insider Transactions at LPL Financial

In other news, Director Greg Gates sold 1,500 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $382.63, for a total transaction of $573,945.00. Following the transaction, the director directly owned 20,620 shares of the company's stock, valued at approximately $7,889,830.60. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

LPL Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, August 15th. This represents a $1.20 annualized dividend and a yield of 0.3%. LPL Financial's dividend payout ratio (DPR) is 8.21%.

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.