William Blair Comments on LPL Financial Q2 Earnings

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Equities research analysts at William Blair issued their Q2 2027 earnings per share estimates for shares of LPL Financial in a report issued on Friday, August 1st. William Blair analyst J. Schmitt forecasts that the financial services provider will post earnings of $6.82 per share for the quarter. 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 FY2027 earnings at $28.40 EPS.

Other equities analysts also recently issued research reports about the company. Citigroup downgraded LPL Financial from a “neutral” rating to a “sell” rating and set a $80.00 price target for the company. in a research report on Wednesday, July 9th. Wells Fargo & Company upped their price target on LPL Financial from $402.00 to $420.00 and gave the stock an “overweight” rating in a research report on Friday, July 11th. Redburn Atlantic raised LPL Financial from a “neutral” rating to a “buy” rating and upped their price target for the stock from $420.00 to $460.00 in a research report on Monday, June 9th. Wall Street Zen downgraded LPL Financial from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Finally, TD Cowen downgraded LPL Financial from a “strong-buy” rating to a “hold” rating and reduced their price target for the stock from $406.00 to $403.00 in a research report on Wednesday, July 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $381.08.

LPL Financial Price Performance

Shares of LPLA opened at $369.91 on Monday. LPL Financial has a 52-week low of $187.19 and a 52-week high of $403.58. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.31 and a current ratio of 2.31. The stock has a 50 day simple moving average of $378.53 and a 200 day simple moving average of $355.09. The firm has a market capitalization of $29.59 billion, a PE ratio of 25.30, a P/E/G ratio of 0.90 and a beta of 0.66.

LPL Financial (NASDAQ:LPLA) last issued its quarterly earnings data on Thursday, July 31st. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.30. LPL Financial had a return on equity of 47.01% and a net margin of 7.91%. The business had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same period in the previous year, the firm earned $3.88 EPS. LPL Financial’s quarterly revenue was up 30.8% compared to the same quarter last year.

LPL Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, August 15th. LPL Financial’s dividend payout ratio is presently 8.21%.

Insider Activity at LPL Financial

In related news, Director Greg Gates sold 1,500 shares of the stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $382.63, for a total value of $573,945.00. Following the sale, the director owned 20,620 shares in the company, valued at approximately $7,889,830.60. This represents a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On LPL Financial

Large investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC bought a new stake in LPL Financial in the 1st quarter valued at $26,000. Millstone Evans Group LLC raised its stake in LPL Financial by 123.1% in the 1st quarter. Millstone Evans Group LLC now owns 87 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 48 shares during the period. Bayforest Capital Ltd bought a new stake in LPL Financial in the 2nd quarter valued at $34,000. Maseco LLP bought a new stake in LPL Financial in the 2nd quarter valued at $34,000. Finally, Private Trust Co. NA raised its stake in LPL Financial by 234.5% in the 1st quarter. Private Trust Co. NA now owns 97 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 68 shares during the period. 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.