Barclays Has Lowered Expectations for LPL Financial (NASDAQ:LPLA) Stock Price

LPL Financial (NASDAQ:LPLA) had its price target lowered by Barclays from $412.00 to $394.00 in a research note issued on Thursday, MarketBeat.com reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price target indicates a potential upside of 24.28% from the company’s current price.

LPLA has been the topic of a number of other research reports. JPMorgan Chase & Co. cut their price target on shares of LPL Financial from $396.00 to $390.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of LPL Financial in a report on Monday, April 6th. William Blair reissued an “outperform” rating on shares of LPL Financial in a research note on Thursday, June 4th. TD Cowen cut their price objective on shares of LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Finally, UBS Group dropped their price target on shares of LPL Financial from $395.00 to $391.00 and set a “buy” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $396.54.

LPL Financial Price Performance

LPL Financial stock opened at $317.03 on Thursday. The stock’s 50 day moving average is $292.86 and its 200 day moving average is $319.96. LPL Financial has a one year low of $260.15 and a one year high of $403.58. The firm has a market cap of $25.36 billion, a P/E ratio of 28.31, a P/E/G ratio of 0.64 and a beta of 0.50. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56.

LPL Financial (NASDAQ:LPLA) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.49 by $0.11. LPL Financial had a net margin of 4.93% and a return on equity of 31.26%. The firm had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.98 billion. During the same quarter last year, the business earned $5.15 EPS. The company’s revenue was up 34.6% compared to the same quarter last year. As a group, research analysts expect that LPL Financial will post 23.06 EPS for the current year.

Insider Activity

In other news, CFO Matthew J. Audette sold 1,110 shares of LPL Financial stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $330.01, for a total value of $366,311.10. Following the completion of the sale, the chief financial officer directly owned 19,803 shares in the company, valued at $6,535,188.03. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Aneri Jambusaria sold 308 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $306.00, for a total transaction of $94,248.00. Following the transaction, the director owned 6,415 shares in the company, valued at approximately $1,962,990. This trade represents a 4.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,887 shares of company stock worth $613,144 in the last 90 days. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On LPL Financial

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dodge & Cox lifted its position in shares of LPL Financial by 18.6% during the 4th quarter. Dodge & Cox now owns 3,948,970 shares of the financial services provider’s stock valued at $1,410,454,000 after buying an additional 619,715 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in LPL Financial by 14.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,719,447 shares of the financial services provider’s stock valued at $1,328,475,000 after purchasing an additional 477,094 shares during the last quarter. Janus Henderson Group PLC raised its position in LPL Financial by 8.6% in the 1st quarter. Janus Henderson Group PLC now owns 3,666,780 shares of the financial services provider’s stock worth $1,103,079,000 after purchasing an additional 289,227 shares during the period. Capital World Investors raised its position in LPL Financial by 37.9% in the 4th quarter. Capital World Investors now owns 3,625,357 shares of the financial services provider’s stock worth $1,294,869,000 after purchasing an additional 996,806 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in LPL Financial by 36.3% in the first quarter. Principal Financial Group Inc. now owns 2,636,544 shares of the financial services provider’s stock worth $793,163,000 after purchasing an additional 702,061 shares during the last quarter. 95.66% of the stock is owned by institutional investors.

Key LPL Financial News

Here are the key news stories impacting LPL Financial this week:

• Positive Sentiment: Morgan Stanley raised its price target on LPL Financial to $387 and reiterated an overweight view, signaling continued confidence in the company’s valuation and growth outlook.
• Positive Sentiment: Barclays set a new $394 price target on LPL Financial, reinforcing a bullish analyst consensus around the stock.
• Positive Sentiment: LPL Financial and its acquired Commonwealth unit earned the top two rankings in the 2026 JD Power independent advisor satisfaction study, which may support the company’s reputation with advisors and help attract assets and new relationships. LPL Financial Announces Second Quarter 2026 Earnings Release Date and Conference Call
• Positive Sentiment: Haskin Private Wealth Advisors joined LPL’s independent advisor network, a sign of ongoing recruiting and platform growth. Haskin Private Wealth Advisors Joins LPL’s Independent Advisor Network
• Neutral Sentiment: LPL announced it will report second-quarter 2026 earnings on July 30, which keeps investors focused on upcoming results rather than providing new operating data yet.
• Neutral Sentiment: Short-interest data showed 0 shares reported, so it does not currently suggest meaningful bearish positioning.

LPL Financial Company Profile

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.