Integrated Investment Consultants LLC Lowers Stake in LPL Financial Holdings Inc. $LPLA

Integrated Investment Consultants LLC reduced its stake in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) by 59.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,884 shares of the financial services provider’s stock after selling 2,724 shares during the period. Integrated Investment Consultants LLC’s holdings in LPL Financial were worth $567,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its stake in LPL Financial by 42.7% during the first quarter. NewEdge Advisors LLC now owns 3,525 shares of the financial services provider’s stock worth $1,153,000 after purchasing an additional 1,055 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of LPL Financial by 0.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 209,126 shares of the financial services provider’s stock valued at $68,414,000 after buying an additional 1,089 shares in the last quarter. Woodline Partners LP bought a new stake in LPL Financial in the 1st quarter worth approximately $1,636,000. Focus Partners Wealth lifted its position in LPL Financial by 12.2% in the 1st quarter. Focus Partners Wealth now owns 4,360 shares of the financial services provider’s stock worth $1,426,000 after buying an additional 473 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in LPL Financial in the first quarter worth approximately $121,000. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on LPLA. Citizens Jmp reiterated a “market outperform” rating and set a $500.00 price target on shares of LPL Financial in a research report on Monday, April 6th. TD Cowen boosted their price objective on shares of LPL Financial from $330.00 to $372.00 and gave the stock a “hold” rating in a report on Friday. UBS Group cut their price objective on shares of LPL Financial from $395.00 to $391.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LPL Financial in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of LPL Financial from $408.00 to $428.00 and gave the company an “overweight” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $406.62.

Insider Activity at LPL Financial

In related news, Director Aneri Jambusaria sold 308 shares of LPL Financial stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $306.00, for a total value of $94,248.00. Following the transaction, the director directly owned 6,415 shares of the company’s stock, valued at $1,962,990. The trade was a 4.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

LPL Financial Trading Up 4.3%

Shares of LPLA stock opened at $353.70 on Friday. The business has a 50-day moving average of $301.76 and a 200 day moving average of $316.27. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. LPL Financial Holdings Inc. has a 1-year low of $260.15 and a 1-year high of $403.58. The stock has a market capitalization of $28.29 billion, a PE ratio of 28.21, a P/E/G ratio of 0.69 and a beta of 0.50.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.84 EPS for the quarter, topping analysts’ consensus estimates of $5.39 by $0.45. LPL Financial had a return on equity of 32.80% and a net margin of 5.13%.The business had revenue of $5.19 billion for the quarter, compared to analysts’ expectations of $5.04 billion. During the same period in the previous year, the firm earned $4.51 EPS. The business’s quarterly revenue was up 35.2% on a year-over-year basis. As a group, sell-side analysts anticipate that LPL Financial Holdings Inc. will post 23.58 earnings per share for the current year.

LPL Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.30 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.3%. LPL Financial’s dividend payout ratio (DPR) is currently 9.57%.

Trending Headlines about LPL Financial

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

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Adjusted EPS rose 29% year over year to $5.84, ahead of the $5.39 consensus, while revenue climbed 35.2% to $5.19 billion versus the $5.04 billion estimate. Net income reached $379 million, or $4.74 per diluted share. LPL Financial Q2 earnings and revenues beat estimates
• Positive Sentiment: Asset growth and recruiting momentum remained strong. Total client assets rose 34% year over year to $2.6 trillion, advisory assets increased 46% to $1.5 trillion, and organic net new assets totaled $23 billion. Recruited assets grew 35% to $25 billion, while management described the recruiting pipeline as a record and reported 97% asset retention. Why LPL Financial stock is up today
• Positive Sentiment: Capital returns and analyst support improved. LPL resumed repurchases, buying back $309 million of stock in Q2 and planning approximately $300 million in Q3; its board also increased authorization by $2.5 billion. JPMorgan raised its target to $428 and KBW increased its target to $390, with both firms maintaining bullish ratings.
• Positive Sentiment: Commonwealth integration expectations improved. The Q4 2026 onboarding remains on track, expected asset retention is approximately 90%, and estimated run-rate EBITDA contribution increased from $410 million to $435 million. LPL shares and Commonwealth update
• Neutral Sentiment: LPL declared a quarterly dividend of $0.30 per share, payable August 28 to shareholders of record August 14.
• Negative Sentiment: Higher operating expenses remain a partial offset: core G&A increased 22% year over year to $519 million. In addition, reported data showed 18 insider sales and no insider purchases during the past six months, a potential sentiment headwind.

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.