LPL Financial (NASDAQ:LPLA) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

LPL Financial (NASDAQ:LPLA) had its price target boosted by Jefferies Financial Group from $426.00 to $440.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s price target indicates a potential upside of 20.71% from the stock’s current price.

A number of other research firms also recently commented on LPLA. Barclays decreased their price objective on shares of LPL Financial from $444.00 to $434.00 and set an “overweight” rating for the company in a report on Friday. Citigroup reaffirmed an “outperform” rating on shares of LPL Financial in a report on Friday, October 31st. Citizens Jmp boosted their price objective on shares of LPL Financial from $455.00 to $475.00 and gave the company a “market outperform” rating in a research report on Friday, October 31st. Morgan Stanley cut their target price on shares of LPL Financial from $462.00 to $447.00 and set an “overweight” rating on the stock in a report on Monday, December 22nd. Finally, UBS Group restated a “neutral” rating and issued a $406.00 target price on shares of LPL Financial in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $427.69.

LPL Financial Stock Up 0.5%

Shares of LPL Financial stock opened at $364.50 on Friday. The business has a 50-day moving average price of $366.24 and a 200 day moving average price of $358.30. LPL Financial has a fifty-two week low of $262.83 and a fifty-two week high of $403.58. The firm has a market cap of $29.17 billion, a P/E ratio of 33.11, a P/E/G ratio of 0.78 and a beta of 0.57. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.49.

LPL Financial (NASDAQ:LPLA) last released its earnings results on Thursday, January 29th. The financial services provider reported $5.23 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.41. LPL Financial had a return on equity of 35.99% and a net margin of 5.08%.The company had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the business posted $4.25 EPS. LPL Financial’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, sell-side analysts forecast that LPL Financial will post 19.35 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Richard Steinmeier sold 5,058 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $370.99, for a total value of $1,876,467.42. Following the sale, the chief executive officer directly owned 9,326 shares in the company, valued at $3,459,852.74. This trade represents a 35.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Aneri Jambusaria sold 80 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $352.48, for a total value of $28,198.40. Following the completion of the transaction, the director directly owned 5,502 shares of the company’s stock, valued at approximately $1,939,344.96. The trade was a 1.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,388 shares of company stock valued at $2,747,538 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of LPL Financial

Institutional investors have recently made changes to their positions in the stock. Citizens Financial Group Inc. RI acquired a new position in shares of LPL Financial during the fourth quarter valued at approximately $323,000. Simplicity Wealth LLC bought a new position in LPL Financial during the 4th quarter valued at $268,000. Wealthfront Advisers LLC raised its stake in shares of LPL Financial by 24.6% in the 4th quarter. Wealthfront Advisers LLC now owns 6,384 shares of the financial services provider’s stock worth $2,280,000 after buying an additional 1,261 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of LPL Financial by 20.9% in the fourth quarter. M&T Bank Corp now owns 4,917 shares of the financial services provider’s stock valued at $1,756,000 after buying an additional 850 shares during the period. Finally, RMR Wealth Builders boosted its stake in LPL Financial by 5.1% during the fourth quarter. RMR Wealth Builders now owns 1,276 shares of the financial services provider’s stock valued at $456,000 after buying an additional 62 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting LPL Financial

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

• Positive Sentiment: Analysts at Jefferies raised their price target to $440 and reiterated a Buy rating, signaling ~21% upside vs. the current price — a near-term catalyst for demand. Jefferies Raises Target
• Positive Sentiment: JPMorgan boosted its target to $439 and kept an Overweight rating, another institutional endorsement supporting the rally. JPMorgan Raises Target
• Positive Sentiment: Q4 results beat consensus: adjusted EPS $5.23 (vs. $4.82 est.) and revenue $4.93B (vs. $4.90B). LPL reported record total advisory & brokerage assets (~$2.4T) and declared a $0.30 quarterly dividend — fundamentals that support valuations and analyst optimism. Q4 Results
• Neutral Sentiment: Management commentary and the Q4 call/transcript emphasize integration progress (Commonwealth, Atria) and recruiting priorities — constructive long-term but worth watching for execution and retention metrics. Earnings Deep Dive
• Negative Sentiment: Street caution on 2026 expense outlook: LPL guided materially higher Core G&A when including Commonwealth integration costs (2026 core G&A including Commonwealth: $2,155–2,210M). That guidance and large acquisition-related costs prompted investor concern and was cited as a reason for share weakness right after the print. Expense Outlook Weighs
• Negative Sentiment: TD Cowen trimmed its target to $378 and moved to a Hold — a sign some analysts are less comfortable with near-term margin/expense risk despite the beat. TD Cowen Lowers Target
• Negative Sentiment: Post-earnings coverage highlights that rising expenses and acquisition/integration costs overshadowed the top-line beat for some investors, creating short-term volatility risk. Costs Rise Despite Beat

LPL Financial Company Profile

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.