LPL Financial (NASDAQ:LPLA) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

LPL Financial (NASDAQ:LPLA) had its price objective lifted by analysts at JPMorgan Chase & Co. from $408.00 to $428.00 in a report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 21.90% from the company’s previous close.

A number of other research analysts have also weighed in on the company. TD Cowen raised their target price on LPL Financial from $330.00 to $372.00 and gave the company a “hold” rating in a report on Friday. Barclays upped their price target on LPL Financial from $394.00 to $401.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of LPL Financial in a research report on Friday, July 24th. Morgan Stanley raised their price objective on LPL Financial from $374.00 to $387.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Finally, UBS Group cut their price objective on shares of LPL Financial from $395.00 to $391.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $406.62.

LPL Financial Stock Up 3.5%

Shares of NASDAQ:LPLA traded up $11.94 during midday trading on Friday, hitting $351.11. 652,960 shares of the company’s stock were exchanged, compared to its average volume of 958,584. 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 has a 12 month low of $260.15 and a 12 month high of $403.58. The company has a market cap of $28.08 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 0.66 and a beta of 0.50. The stock has a 50 day moving average price of $300.40 and a 200-day moving average price of $316.01.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.84 earnings per share for the quarter, beating the consensus estimate of $5.39 by $0.45. The business had revenue of $5.19 billion for the quarter, compared to analysts’ expectations of $5.04 billion. LPL Financial had a net margin of 4.93% and a return on equity of 31.26%. The firm’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.51 EPS. On average, sell-side analysts anticipate that LPL Financial will post 23.38 EPS for the current fiscal year.

Insider Buying and Selling

In other LPL Financial news, Director Aneri Jambusaria sold 308 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $306.00, for a total transaction of $94,248.00. Following the completion of the transaction, the director directly owned 6,415 shares of the company’s stock, valued at approximately $1,962,990. This represents a 4.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Institutional Trading of LPL Financial

Several hedge funds have recently made changes to their positions in LPLA. NewEdge Advisors LLC lifted its position in shares of LPL Financial by 42.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,525 shares of the financial services provider’s stock valued at $1,153,000 after buying an additional 1,055 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in LPL Financial by 0.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 209,126 shares of the financial services provider’s stock worth $68,414,000 after acquiring an additional 1,089 shares during the last quarter. Woodline Partners LP purchased a new stake in LPL Financial in the 1st quarter worth about $1,636,000. Focus Partners Wealth raised its stake in LPL Financial by 12.2% in the 1st quarter. Focus Partners Wealth now owns 4,360 shares of the financial services provider’s stock valued at $1,426,000 after acquiring an additional 473 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in LPL Financial in the 1st quarter valued at about $121,000. 95.66% of the stock is currently owned by institutional investors.

Key LPL Financial News

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

• Positive Sentiment: Earnings and revenue exceeded expectations. Adjusted EPS rose 29% year over year to $5.84, versus the $5.39 consensus estimate, while revenue increased 35.2% to $5.19 billion, above the $5.04 billion forecast. Net income reached $379 million, or $4.74 per diluted share. LPL Financial Announces Second Quarter 2026 Results
• Positive Sentiment: Client and recruited assets showed solid momentum. Total client assets grew 34% year over year to $2.6 trillion, organic net new assets totaled $23 billion, and recruited assets climbed 35% to $25 billion. Management described its recruiting pipeline as a record and reported 97% asset retention for both the quarter and trailing 12 months. Why LPL Financial Holdings Stock Is Up Today
• Positive Sentiment: Commonwealth integration remains on track. LPL expects to complete advisor conversion in the fourth quarter and raised estimated Commonwealth run-rate EBITDA from $410 million to $435 million, while continuing to target approximately 90% asset retention. The company also completed its Mariner Advisor Network acquisition, adding access to advisors managing $31 billion in client assets. LPL shares soar after hours on earnings and Commonwealth update
• Positive Sentiment: Cost outlook and shareholder returns improved. LPL lowered its 2026 core G&A guidance to $2.140 billion–$2.165 billion, resumed buybacks with $309 million repurchased in the quarter, plans roughly $300 million more in the third quarter, and increased its repurchase authorization by $2.5 billion. Keefe, Bruyette & Woods also raised its price target to $390 from $365 and maintained an “outperform” rating. LPL Financial price target raised
• Neutral Sentiment: LPL declared a quarterly dividend of $0.30 per share, payable August 28 to shareholders of record August 14. The dividend supports shareholder returns but represents a relatively modest yield of about 0.3%. LPL Financial second-quarter results and dividend announcement
• Negative Sentiment: Insider trading remains a potential overhang: company insiders reported 18 open-market sales and no purchases over the past six months, including sales by the president and CFO. This may temper enthusiasm despite the strong operating results.

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.