Analysts Issue Forecasts for LPL Financial Q2 Earnings

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at William Blair issued their Q2 2026 earnings per share (EPS) estimates for shares of LPL Financial in a research note issued to investors on Wednesday, November 20th. William Blair analyst J. Schmitt forecasts that the financial services provider will post earnings per share of $4.78 for the quarter. The consensus estimate for LPL Financial’s current full-year earnings is $16.08 per share. William Blair also issued estimates for LPL Financial’s Q3 2026 earnings at $5.06 EPS.

LPLA has been the topic of several other research reports. Barclays raised their price target on LPL Financial from $273.00 to $311.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Morgan Stanley boosted their price target on shares of LPL Financial from $303.00 to $309.00 and gave the stock an “overweight” rating in a research note on Thursday, October 17th. Jefferies Financial Group reduced their price objective on shares of LPL Financial from $309.00 to $282.00 and set a “buy” rating on the stock in a research note on Friday, October 4th. StockNews.com raised LPL Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Citigroup upped their price objective on LPL Financial from $285.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $286.92.

LPL Financial Price Performance

Shares of LPLA stock opened at $326.85 on Monday. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.60. The firm’s 50 day moving average is $263.32 and its 200-day moving average is $252.97. LPL Financial has a 1 year low of $187.19 and a 1 year high of $327.55. The firm has a market capitalization of $24.47 billion, a price-to-earnings ratio of 24.58, a PEG ratio of 1.58 and a beta of 0.85.

LPL Financial (NASDAQ:LPLA) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $4.16 EPS for the quarter, topping the consensus estimate of $3.69 by $0.47. LPL Financial had a return on equity of 49.47% and a net margin of 8.73%. The business had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same period in the previous year, the business earned $3.74 EPS. LPL Financial’s revenue was up 6.0% compared to the same quarter last year.

Hedge Funds Weigh In On LPL Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of LPL Financial in the second quarter valued at approximately $25,000. Key Financial Inc acquired a new stake in LPL Financial in the 2nd quarter valued at $28,000. Crewe Advisors LLC lifted its position in LPL Financial by 360.7% during the 2nd quarter. Crewe Advisors LLC now owns 129 shares of the financial services provider’s stock worth $36,000 after buying an additional 101 shares in the last quarter. Tortoise Investment Management LLC boosted its stake in shares of LPL Financial by 74.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 131 shares of the financial services provider’s stock worth $37,000 after buying an additional 56 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in shares of LPL Financial during the 3rd quarter worth about $31,000. 95.66% of the stock is owned by institutional investors and hedge funds.

LPL Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, November 14th. LPL Financial’s dividend payout ratio (DPR) is presently 9.02%.

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.