William Blair Comments on LPL Financial Q2 Earnings

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at William Blair issued their Q2 2026 EPS estimates for LPL Financial in a research report issued to clients and investors on Wednesday, November 20th. William Blair analyst J. Schmitt anticipates that the financial services provider will post earnings of $4.78 per share for the quarter. The consensus estimate for LPL Financial’s current full-year earnings is $16.08 per share. William Blair also issued estimates for LPL Financial’s Q3 2026 earnings at $5.06 EPS.

LPL Financial (NASDAQ:LPLA) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $4.16 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.47. LPL Financial had a net margin of 8.73% and a return on equity of 49.47%. The firm had revenue of $3.11 billion for the quarter, compared to analysts’ expectations of $3.04 billion. During the same period in the prior year, the firm earned $3.74 EPS. The business’s revenue was up 6.0% on a year-over-year basis.

Other research analysts have also recently issued research reports about the company. StockNews.com upgraded LPL Financial from a “sell” rating to a “hold” rating in a research report on Saturday, November 9th. Citigroup lifted their price objective on shares of LPL Financial from $285.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Bank of America upgraded shares of LPL Financial from a “neutral” rating to a “buy” rating and set a $268.00 target price on the stock in a research report on Tuesday, July 30th. UBS Group boosted their price target on LPL Financial from $215.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group lowered their price objective on LPL Financial from $309.00 to $282.00 and set a “buy” rating on the stock in a research note on Friday, October 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $286.92.

LPL Financial Price Performance

Shares of NASDAQ LPLA opened at $326.85 on Monday. The business’s 50 day moving average is $263.32 and its 200-day moving average is $252.97. The firm has a market cap of $24.47 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 1.58 and a beta of 0.85. LPL Financial has a 1-year low of $187.19 and a 1-year high of $327.55. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. FMR LLC increased its stake in LPL Financial by 24.4% during the 3rd quarter. FMR LLC now owns 3,322,571 shares of the financial services provider’s stock valued at $772,930,000 after purchasing an additional 650,675 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of LPL Financial by 9.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,589,793 shares of the financial services provider’s stock valued at $723,329,000 after acquiring an additional 233,242 shares in the last quarter. Boston Partners raised its holdings in LPL Financial by 71.9% in the 1st quarter. Boston Partners now owns 1,765,230 shares of the financial services provider’s stock worth $466,434,000 after acquiring an additional 738,509 shares during the last quarter. Geode Capital Management LLC lifted its position in LPL Financial by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,436,831 shares of the financial services provider’s stock valued at $333,581,000 after acquiring an additional 36,474 shares in the last quarter. Finally, Samlyn Capital LLC boosted its stake in LPL Financial by 8.0% during the 2nd quarter. Samlyn Capital LLC now owns 1,194,715 shares of the financial services provider’s stock valued at $333,684,000 after purchasing an additional 88,635 shares during the last quarter. 95.66% of the stock is owned by institutional investors.

LPL Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.37%. LPL Financial’s dividend payout ratio is 9.02%.

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.