LPL Financial Q2 EPS Forecast Decreased by Zacks Research

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Equities researchers at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for LPL Financial in a note issued to investors on Wednesday, July 16th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $4.21 per share for the quarter, down from their previous estimate of $4.39. The consensus estimate for LPL Financial’s current full-year earnings is $19.35 per share. Zacks Research also issued estimates for LPL Financial’s Q3 2026 earnings at $5.32 EPS, Q4 2026 earnings at $5.26 EPS, FY2026 earnings at $21.11 EPS, Q1 2027 earnings at $6.52 EPS and FY2027 earnings at $29.45 EPS.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings data on Thursday, May 8th. The financial services provider reported $5.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.54 by $0.61. LPL Financial had a net margin of 8.23% and a return on equity of 46.34%. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.63 billion. During the same period in the prior year, the company posted $3.83 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year.

A number of other research analysts also recently commented on the company. Citigroup downgraded LPL Financial from a “neutral” rating to a “sell” rating and set a $80.00 target price for the company. in a research report on Wednesday, July 9th. Barclays increased their price objective on shares of LPL Financial from $450.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. Wall Street Zen downgraded shares of LPL Financial from a “buy” rating to a “hold” rating in a report on Saturday, June 14th. Wells Fargo & Company increased their price target on shares of LPL Financial from $402.00 to $420.00 and gave the company an “overweight” rating in a report on Friday, July 11th. Finally, Morgan Stanley reissued an “overweight” rating and set a $490.00 price objective (up from $450.00) on shares of LPL Financial in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $372.15.

LPL Financial Stock Up 3.8%

Shares of LPLA stock opened at $393.31 on Friday. The stock has a market cap of $31.46 billion, a P/E ratio of 27.22, a PEG ratio of 0.93 and a beta of 0.64. The company’s fifty day simple moving average is $378.09 and its two-hundred day simple moving average is $351.39. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 1.82. LPL Financial has a 52 week low of $187.19 and a 52 week high of $395.77.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 30th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend was Friday, May 30th. LPL Financial’s dividend payout ratio (DPR) is presently 8.30%.

Insider Buying and Selling at LPL Financial

In other news, Director Greg Gates sold 1,500 shares of the firm’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $382.63, for a total transaction of $573,945.00. Following the transaction, the director owned 20,620 shares in the company, valued at approximately $7,889,830.60. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of LPL Financial by 2.1% during the first quarter. Vanguard Group Inc. now owns 7,372,857 shares of the financial services provider’s stock valued at $2,411,956,000 after purchasing an additional 154,200 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in LPL Financial by 20.6% during the fourth quarter. Janus Henderson Group PLC now owns 3,050,529 shares of the financial services provider’s stock worth $996,032,000 after buying an additional 522,032 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in LPL Financial by 0.8% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,681,617 shares of the financial services provider’s stock valued at $877,264,000 after acquiring an additional 20,881 shares in the last quarter. Dodge & Cox increased its holdings in shares of LPL Financial by 224.1% in the 1st quarter. Dodge & Cox now owns 1,523,460 shares of the financial services provider’s stock valued at $498,385,000 after acquiring an additional 1,053,351 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of LPL Financial by 35.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,516,060 shares of the financial services provider’s stock worth $495,964,000 after acquiring an additional 400,352 shares in the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

LPL Financial Company Profile

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.