Q1 EPS Estimates for LPL Financial Reduced by William Blair

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at William Blair lowered their Q1 2025 EPS estimates for LPL Financial in a report released on Monday, April 14th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $4.68 per share for the quarter, down from their previous estimate of $4.85. The consensus estimate for LPL Financial’s current full-year earnings is $19.35 per share. William Blair also issued estimates for LPL Financial’s Q2 2025 earnings at $4.50 EPS and Q3 2025 earnings at $4.47 EPS.

Other analysts also recently issued reports about the stock. Barclays cut their target price on shares of LPL Financial from $414.00 to $365.00 and set an “overweight” rating on the stock in a research note on Monday, April 7th. Morgan Stanley upped 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. Keefe, Bruyette & Woods upped their price objective on shares of LPL Financial from $390.00 to $405.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. JMP Securities decreased their target price on shares of LPL Financial from $435.00 to $420.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. Finally, Citigroup dropped their price target on shares of LPL Financial from $415.00 to $400.00 and set a “buy” rating on the stock in a research note on Wednesday, April 2nd. One analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company. According to MarketBeat.com, LPL Financial has a consensus rating of “Moderate Buy” and an average target price of $369.83.

LPL Financial Stock Performance

LPL Financial stock opened at $310.73 on Tuesday. The company has a debt-to-equity ratio of 1.60, a current ratio of 2.16 and a quick ratio of 2.16. The company has a market cap of $24.66 billion, a P/E ratio of 22.13, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. LPL Financial has a fifty-two week low of $187.19 and a fifty-two week high of $384.04. The firm’s 50 day simple moving average is $338.92 and its 200-day simple moving average is $320.19.

LPL Financial (NASDAQ:LPLA) last announced its 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 return on equity of 49.41% and a net margin of 8.55%.

Institutional Investors Weigh In On LPL Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. grew its position in LPL Financial by 15.7% in the 3rd quarter. Principal Financial Group Inc. now owns 25,418 shares of the financial services provider’s stock worth $5,913,000 after purchasing an additional 3,444 shares during the last quarter. Truist Financial Corp grew its position 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 buying an additional 14,106 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in LPL Financial by 4.6% during 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 acquiring an additional 1,383 shares during the period. Bank of Montreal Can lifted its position in shares of LPL Financial by 46.9% in the 4th quarter. Bank of Montreal Can now owns 59,910 shares of the financial services provider’s stock worth $19,561,000 after acquiring an additional 19,126 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of LPL Financial by 4.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 335,749 shares of the financial services provider’s stock worth $109,625,000 after purchasing an additional 13,936 shares in the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

Insider Buying and Selling

In related news, Director Marc Eliot Cohen sold 1,100 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $365.85, for a total transaction of $402,435.00. Following the completion of the sale, the director now owns 4,075 shares in the company, valued at $1,490,838.75. This represents a 21.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Matthew J. Audette sold 4,588 shares of LPL Financial stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer now directly owns 16,538 shares in the company, valued at approximately $5,954,837.66. This represents a 21.72 % 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 currently owned by company insiders.

LPL Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Tuesday, March 11th. LPL Financial’s dividend payout ratio is currently 8.55%.

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.