LPL Financial (NASDAQ:LPLA) Stock Price Target Lowered at JPMorgan Chase & Co.

LPL Financial (NASDAQ:LPLA) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $445.00 to $413.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 53.63% from the company’s previous close.

Several other equities analysts have also commented on LPLA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LPL Financial in a research note on Thursday, October 22nd. TD Cowen cut their target price on shares of LPL Financial from $380.00 to $356.00 and set a “hold” rating on the stock in a research note on Wednesday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $400.00 price target on shares of LPL Financial in a report on Wednesday. Wells Fargo & Company reduced their price target on shares of LPL Financial from $362.00 to $350.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Morgan Stanley upped their price objective on shares of LPL Financial from $387.00 to $393.00 and gave the company an “overweight” rating in a research note on Friday, October 9th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $400.62.

LPL Financial Trading Down 15.3%

NASDAQ LPLA traded down $48.74 on Wednesday, reaching $268.82. 4,285,338 shares of the company were exchanged, compared to its average volume of 904,429. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 1.30. The business’s fifty day moving average price is $335.24 and its 200 day moving average price is $324.30. The stock has a market capitalization of $21.17 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53. LPL Financial has a fifty-two week low of $260.15 and a fifty-two week high of $400.16.

LPL Financial (NASDAQ:LPLA) last posted its quarterly earnings results on Tuesday, October 27th. The financial services provider reported $5.97 EPS for the quarter, topping the consensus estimate of $5.69 by $0.28. LPL Financial had a return on equity of 32.20% and a net margin of 5.13%. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.35 billion. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.20 EPS. Analysts forecast that LPL Financial will post 23.83 earnings per share for the current year.

Insider Buying and Selling

In other LPL Financial news, Director Matthew Enyedi sold 1,000 shares of LPL Financial stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $352.72, for a total value of $352,720.00. Following the transaction, the director directly owned 13,121 shares in the company, valued at approximately $4,628,039.12. This trade represents a 7.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Aneri Jambusaria sold 308 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $357.36, for a total value of $110,066.88. Following the completion of the transaction, the director directly owned 6,107 shares in the company, valued at approximately $2,182,397.52. The trade was a 4.80% 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. In the last ninety days, insiders sold 5,867 shares of company stock worth $2,079,664. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On LPL Financial

Several hedge funds have recently modified their holdings of LPLA. BlackRock Inc. purchased a new position in LPL Financial in the 2nd quarter valued at $1,333,189,000. Jupiter Topco LLC purchased a new position in LPL Financial during the 2nd quarter worth $1,182,595,000. Janus Henderson Group PLC lifted its stake in shares of 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 acquiring an additional 289,227 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of 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 valued at $793,163,000 after acquiring an additional 702,061 shares in the last quarter. Finally, WCM Investment Management LLC boosted its holdings in shares of LPL Financial by 0.8% in the first quarter. WCM Investment Management LLC now owns 1,734,395 shares of the financial services provider’s stock valued at $520,631,000 after acquiring an additional 12,922 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about LPL Financial

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

• Positive Sentiment: Adjusted earnings beat expectations: Third-quarter adjusted EPS rose 15% year over year to $5.97, exceeding the $5.69 consensus estimate. GAAP net income was $357 million, compared with a loss in the prior-year quarter. LPL Financial Announces Third Quarter 2026 Results
• Positive Sentiment: Business metrics remained solid: Revenue increased 17% to approximately $5.34 billion, total client assets grew 11% to $2.6 trillion, advisory assets rose 16% to $1.6 trillion, and the company repurchased roughly $301 million of stock. LPL Financial Q3 Results
• Positive Sentiment: Capital return continues: LPL declared a quarterly dividend of $0.30 per share, payable November 30 to shareholders of record on November 12. The dividend provides ongoing shareholder support, although its annualized yield is approximately 0.4%.
• Neutral Sentiment: Analysts still see upside but reduced targets: Barclays, Wells Fargo and Truist retained overweight ratings while cutting their price targets, and TD Cowen maintained a hold rating with a lower target. The revisions indicate that analysts view the sell-off as potentially excessive but have reduced estimates for near-term performance. Analyst Ratings
• Negative Sentiment: Revenue narrowly missed forecasts: Quarterly revenue of $5.34 billion was slightly below the $5.35 billion consensus, tempering the impact of the EPS beat.
• Negative Sentiment: Growth and integration concerns weighed on sentiment: Management expects October organic growth of roughly 3%, below the third quarter’s approximately 5% annualized pace. Expected asset retention from the Commonwealth conversion was reduced to about 83% from a previously discussed 90%, while higher fourth-quarter payout, interest, transition-loan amortization, and depreciation expenses are expected.

LPL Financial Company Profile

LPL Financial Holdings Inc is a financial services company that supports independent financial advisors and institutions across the United States. Through its primary subsidiary, LPL Financial LLC, the company provides brokerage, investment advisory, and custodial services, enabling advisors to serve individual investors, families, retirement plans, and other clients.

LPL’s platform includes access to brokerage and advisory products, securities clearing and custody, trading and operations support, technology, compliance services, investment research, and practice-management resources.