Quantinno Capital Management LP Acquires 11,570 Shares of LPL Financial Holdings Inc. $LPLA

Quantinno Capital Management LP raised its holdings in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) by 33.1% during the first quarter, HoldingsChannel reports. The firm owned 46,516 shares of the financial services provider’s stock after purchasing an additional 11,570 shares during the period. Quantinno Capital Management LP’s holdings in LPL Financial were worth $13,994,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Goldstein Advisors LLC lifted its position in shares of LPL Financial by 4.8% in the 4th quarter. Goldstein Advisors LLC now owns 634 shares of the financial services provider’s stock worth $226,000 after purchasing an additional 29 shares during the period. Coastal Bridge Advisors LLC increased its holdings in LPL Financial by 0.6% during the fourth quarter. Coastal Bridge Advisors LLC now owns 5,475 shares of the financial services provider’s stock valued at $1,956,000 after buying an additional 31 shares during the period. Natural Investments LLC increased its holdings in LPL Financial by 4.8% during the fourth quarter. Natural Investments LLC now owns 727 shares of the financial services provider’s stock valued at $259,000 after buying an additional 33 shares during the period. Root Financial Partners LLC raised its stake in LPL Financial by 1.4% in the fourth quarter. Root Financial Partners LLC now owns 2,318 shares of the financial services provider’s stock worth $828,000 after buying an additional 33 shares in the last quarter. Finally, Lifestyle Asset Management Inc. raised its stake in LPL Financial by 2.9% in the fourth quarter. Lifestyle Asset Management Inc. now owns 1,191 shares of the financial services provider’s stock worth $425,000 after buying an additional 34 shares in the last quarter. Institutional investors own 95.66% of the company’s stock.

Insiders Place Their Bets

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

LPL Financial Stock Performance

NASDAQ:LPLA opened at $353.70 on Monday. The stock has a market capitalization of $28.29 billion, a price-to-earnings ratio of 28.21, a PEG ratio of 0.68 and a beta of 0.48. LPL Financial Holdings Inc. has a 52 week low of $260.15 and a 52 week high of $403.58. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 1.26. The firm has a 50 day moving average of $301.76 and a 200 day moving average of $315.93.

LPL Financial (NASDAQ:LPLA) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.84 earnings per share (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 the consensus estimate of $5.04 billion. During the same period in the prior year, the firm posted $4.51 earnings per share. 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 fiscal year.

LPL Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, August 14th. LPL Financial’s payout ratio is 9.57%.

Analyst Ratings Changes

A number of research firms have weighed in on LPLA. Keefe, Bruyette & Woods upped their target price on LPL Financial from $365.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday. Jefferies Financial Group cut their price target on LPL Financial from $464.00 to $383.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Morgan Stanley boosted their price target on LPL Financial from $374.00 to $387.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. upped their price objective on LPL Financial from $408.00 to $428.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of LPL Financial in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $406.62.

Key Stories Impacting 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.