Retirement Planning Group LLC Buys Shares of 1,820 LPL Financial Holdings Inc. $LPLA

Retirement Planning Group LLC bought a new stake in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,820 shares of the financial services provider’s stock, valued at approximately $605,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Osterweis Capital Management Inc. bought a new position in LPL Financial during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. raised its stake in shares of LPL Financial by 912.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 81 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 73 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of LPL Financial by 116.2% during the second quarter. SBI Securities Co. Ltd. now owns 80 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 43 shares during the last quarter. Maseco LLP bought a new position in shares of LPL Financial during the second quarter worth about $34,000. Finally, Bayforest Capital Ltd acquired a new position in LPL Financial in the second quarter worth about $34,000. Institutional investors own 95.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays cut their price objective on LPL Financial from $453.00 to $444.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. JMP Securities set a $475.00 price target on LPL Financial in a research report on Friday, October 31st. Citigroup restated an “outperform” rating on shares of LPL Financial in a research note on Friday, October 31st. Rothschild & Co Redburn lowered shares of LPL Financial from a “buy” rating to a “neutral” rating and set a $390.00 target price for the company. in a research note on Friday, September 19th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of LPL Financial in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, LPL Financial currently has an average rating of “Moderate Buy” and a consensus price target of $429.07.

LPL Financial Stock Performance

Shares of LPLA opened at $371.82 on Thursday. The firm has a fifty day moving average of $365.22 and a 200-day moving average of $358.98. The company has a market cap of $29.76 billion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 0.76 and a beta of 0.57. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.60 and a current ratio of 2.60. LPL Financial Holdings Inc. has a 1 year low of $262.83 and a 1 year high of $403.58.

LPL Financial (NASDAQ:LPLA) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $5.20 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.71. LPL Financial had a net margin of 5.35% and a return on equity of 36.80%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the firm posted $4.16 EPS. LPL Financial’s quarterly revenue was up 46.4% compared to the same quarter last year. As a group, equities analysts anticipate that LPL Financial Holdings Inc. will post 19.35 earnings per share for the current year.

LPL Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Thursday, November 13th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.20 annualized dividend and a yield of 0.3%. LPL Financial’s payout ratio is presently 11.05%.

Insiders Place Their Bets

In related news, CEO Richard Steinmeier sold 5,058 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $370.99, for a total value of $1,876,467.42. Following the completion of the transaction, the chief executive officer owned 9,326 shares in the company, valued at $3,459,852.74. This represents a 35.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Greg Gates sold 1,500 shares of the business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $376.43, for a total transaction of $564,645.00. Following the sale, the director owned 15,370 shares in the company, valued at $5,785,729.10. This trade represents a 8.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 7,388 shares of company stock worth $2,747,538. 1.30% of the stock is owned by company insiders.

Key Headlines Impacting LPL Financial

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

• Positive Sentiment: Oak Bridge Financial (≈$230M in advisory, brokerage and retirement assets) joined LPL’s broker‑dealer and RIA platform, bringing experienced advisors and reinforcing LPL’s advisor‑recruitment momentum. This increases fee‑bearing assets and validates LPL’s platform/technology pitch to breakaway teams. LPL Financial Welcomes Oak Bridge Financial, LLC
• Positive Sentiment: Senior hires (Suzanne Elovic as EVP, head of supervision; Mike Murphy as EVP, head of service) strengthen LPL’s compliance and client service capabilities — important for advisor retention and scaling custody/advisory flows. Wealth Management Leaders Join LPL
• Neutral Sentiment: JPMorgan trimmed its price target from $440 to $433 but kept an Overweight rating — a modest revision that preserves a favorable analyst view and suggests expectations remain constructive. Benzinga: JPMorgan target cut
• Neutral Sentiment: Media pieces assessing LPL’s evolving investment story and its multi‑year share run offer varied takes for investors (strategy/oversight hires and valuation debates); useful context but unlikely to move fundamentals alone. How New Strategy and Oversight Hires At LPL Financial Has Changed Its Investment Story Is It Too Late To Consider LPL Financial?
• Negative Sentiment: TD Cowen lowered its price target from $410 to $399 and moved to a “hold,” which is a relative negative (less bullish stance) and could cap near‑term analyst‑driven upside. Benzinga: TD Cowen lowers target
• Negative Sentiment: Quiver/other data shows heavy insider selling activity (multiple executives selling in recent months), a signal some investors view as negative for near‑term sentiment even if it doesn’t change fundamentals. Quiver: Oak Bridge & insider activity

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.