LPL Financial (LPLA) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for LPL Financial (NASDAQ: LPLA):

• 1/13/2025 – LPL Financial had its price target raised by analysts at Barclays PLC from $378.00 to $379.00. They now have an “overweight” rating on the stock.
• 1/10/2025 – LPL Financial had its price target raised by analysts at Citigroup Inc. from $310.00 to $385.00. They now have a “buy” rating on the stock.
• 1/7/2025 – LPL Financial was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $397.00 price target on the stock, up previously from $288.00.
• 1/6/2025 – LPL Financial was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $390.00 price target on the stock.
• 12/20/2024 – LPL Financial had its price target raised by analysts at Keefe, Bruyette & Woods from $325.00 to $390.00. They now have an “outperform” rating on the stock.
• 12/19/2024 – LPL Financial was upgraded by analysts at TD Cowen from a “hold” rating to a “buy” rating. They now have a $413.00 price target on the stock, up previously from $277.00.
• 12/12/2024 – LPL Financial had its price target raised by analysts at Wells Fargo & Company from $310.00 to $390.00. They now have an “overweight” rating on the stock.
• 12/9/2024 – LPL Financial had its price target raised by analysts at Barclays PLC from $311.00 to $378.00. They now have an “overweight” rating on the stock.

LPL Financial Trading Down 1.0 %

NASDAQ LPLA opened at $327.12 on Tuesday. LPL Financial Holdings Inc. has a twelve month low of $187.19 and a twelve month high of $344.86. The business’s fifty day moving average is $323.22 and its 200 day moving average is $265.66. 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 company has a market cap of $24.49 billion, a price-to-earnings ratio of 24.60, a price-to-earnings-growth ratio of 1.60 and a beta of 0.87.

LPL Financial (NASDAQ:LPLA) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $4.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.47. The firm had revenue of $3.11 billion for the quarter, compared to analyst estimates of $3.04 billion. LPL Financial had a net margin of 8.73% and a return on equity of 49.47%. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.74 EPS. As a group, sell-side analysts expect that LPL Financial Holdings Inc. will post 16.1 EPS for the current fiscal year.

LPL Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.37%. LPL Financial’s dividend payout ratio (DPR) is 9.02%.

Insider Activity at LPL Financial

In other LPL Financial news, Director Aneri Jambusaria sold 305 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $331.94, for a total transaction of $101,241.70. Following the completion of the sale, the director now directly owns 3,920 shares in the company, valued at approximately $1,301,204.80. This trade represents a 7.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On LPL Financial

Large investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC bought a new position in LPL Financial in the second quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new position in LPL Financial during the 3rd quarter valued at about $31,000. Paladin Wealth LLC purchased a new stake in shares of LPL Financial in the third quarter worth approximately $34,000. Brooklyn Investment Group purchased a new position in shares of LPL Financial during the third quarter valued at approximately $43,000. Finally, First Horizon Advisors Inc. grew its holdings in LPL Financial by 32.3% during the third quarter. First Horizon Advisors Inc. now owns 385 shares of the financial services provider’s stock worth $90,000 after buying an additional 94 shares in the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

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.