LPL Financial Q3 EPS Forecast Increased by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Zacks Research lifted their Q3 2025 earnings estimates for LPL Financial in a report issued on Friday, April 4th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $4.82 per share for the quarter, up from their previous estimate of $4.75. 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 FY2025 earnings at $18.93 EPS, Q1 2026 earnings at $5.40 EPS, Q2 2026 earnings at $5.86 EPS, Q3 2026 earnings at $6.21 EPS, FY2026 earnings at $23.47 EPS and Q1 2027 earnings at $7.08 EPS.

Several other equities analysts have also recently issued reports on the company. UBS Group lifted their price objective on LPL Financial from $390.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Wells Fargo & Company lifted their price target on shares of LPL Financial from $390.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. JPMorgan Chase & Co. increased their price objective on shares of LPL Financial from $397.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Keefe, Bruyette & Woods lifted their price objective on shares of LPL Financial from $390.00 to $405.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, Morgan Stanley increased their target price on LPL Financial from $379.00 to $413.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, LPL Financial has a consensus rating of “Moderate Buy” and an average price target of $380.42.

LPL Financial Trading Down 9.4 %

NASDAQ:LPLA opened at $283.31 on Monday. The stock has a fifty day moving average price of $348.34 and a 200 day moving average price of $316.43. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.60. LPL Financial has a 12-month low of $187.19 and a 12-month high of $384.04. The firm has a market cap of $21.13 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64.

LPL Financial (NASDAQ:LPLA) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $4.25 EPS for the quarter, beating the consensus estimate of $4.01 by $0.24. LPL Financial had a net margin of 8.55% and a return on equity of 49.41%.

Institutional Investors Weigh In On LPL Financial

Several large investors have recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in LPL Financial by 15.7% during the 3rd quarter. Principal Financial Group Inc. now owns 25,418 shares of the financial services provider’s stock worth $5,913,000 after buying an additional 3,444 shares during the last quarter. Truist Financial Corp raised its holdings in LPL Financial by 7.9% during the fourth quarter. Truist Financial Corp now owns 192,153 shares of the financial services provider’s stock worth $62,740,000 after purchasing an additional 14,106 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in LPL Financial by 4.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 31,209 shares of the financial services provider’s stock valued at $10,190,000 after purchasing an additional 1,383 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in LPL Financial by 4.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 335,749 shares of the financial services provider’s stock valued at $109,625,000 after purchasing an additional 13,936 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in LPL Financial by 27.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,275,136 shares of the financial services provider’s stock worth $296,635,000 after purchasing an additional 276,166 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Insider Buying and Selling

In related news, CFO Matthew J. Audette sold 4,588 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $360.07, for a total value of $1,652,001.16. Following the transaction, the chief financial officer now owns 16,538 shares in the company, valued at $5,954,837.66. The trade was a 21.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Marc Eliot Cohen sold 1,100 shares of LPL Financial stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $365.85, for a total value of $402,435.00. Following the completion of the transaction, the director now owns 4,075 shares in the company, valued at $1,490,838.75. This trade represents a 21.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,465 shares of company stock worth $12,562,070 in the last quarter. 1.30% of the stock is owned by insiders.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were given a $0.30 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.42%. LPL Financial’s dividend payout ratio (DPR) is presently 8.55%.

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.