Mitsubishi UFJ Trust & Banking Corp Decreases Position in LPL Financial Holdings Inc. $LPLA

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) by 12.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 35,746 shares of the financial services provider’s stock after selling 5,145 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in LPL Financial were worth $12,767,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in LPLA. Capital World Investors lifted its stake in LPL Financial by 15,960.1% during the third quarter. Capital World Investors now owns 2,628,551 shares of the financial services provider’s stock worth $874,493,000 after purchasing an additional 2,612,184 shares during the last quarter. M&T Bank Corp lifted its stake in LPL Financial by 27,955.5% during the fourth quarter. M&T Bank Corp now owns 1,141,019 shares of the financial services provider’s stock worth $407,538,000 after purchasing an additional 1,136,952 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in LPL Financial by 32.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,242,353 shares of the financial services provider’s stock worth $1,078,698,000 after purchasing an additional 800,171 shares during the last quarter. Dodge & Cox lifted its stake in LPL Financial by 23.2% during the third quarter. Dodge & Cox now owns 3,329,255 shares of the financial services provider’s stock worth $1,107,610,000 after purchasing an additional 627,546 shares during the last quarter. Finally, Lone Pine Capital LLC increased its position in LPL Financial by 20.5% during the third quarter. Lone Pine Capital LLC now owns 2,255,714 shares of the financial services provider’s stock worth $750,453,000 after buying an additional 383,466 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Morgan Stanley cut their price target on LPL Financial from $447.00 to $374.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. 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 research report on Monday, April 6th. Keefe, Bruyette & Woods assumed coverage on LPL Financial in a research report on Wednesday, April 8th. They set an “outperform” rating and a $350.00 price target on the stock. UBS Group lifted their price target on LPL Financial from $380.00 to $395.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 price target on shares of LPL Financial in a research report on Monday, April 6th. One research 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $398.86.

LPL Financial Trading Down 4.6%

LPLA opened at $318.63 on Friday. The firm has a market cap of $25.55 billion, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 0.91 and a beta of 0.57. LPL Financial Holdings Inc. has a 52 week low of $281.51 and a 52 week high of $403.58. The business’s 50 day moving average is $308.70 and its two-hundred day moving average is $342.49. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.36.

LPL Financial (NASDAQ:LPLA) last released its earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.49 by $0.11. The business had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.98 billion. LPL Financial had a return on equity of 32.06% and a net margin of 4.93%.The company’s revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.15 earnings per share. On average, research analysts predict that LPL Financial Holdings Inc. will post 23 EPS for the current year.

LPL Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. LPL Financial’s payout ratio is presently 10.90%.

LPL Financial News Roundup

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

• Positive Sentiment: Q1 beat on the top and bottom line — adjusted EPS of $5.60 and revenue of $4.94B, above consensus; gross profit and adjusted pre-tax income rose year-over-year, supporting profitability. LPL Financial Announces First-Quarter 2026 Results
• Positive Sentiment: Advisory assets and total client assets expanded materially (advisory assets +42% YoY; total client assets $2.3T), increasing recurring-fee exposure and long-term revenue mix. LPLA Q1 Earnings Beat — Zacks
• Positive Sentiment: Capital returns and shareholder-friendly actions: company resumed share repurchases (~$125M planned for Q2) and declared a quarterly dividend ($0.30/share), which can support valuation. LPL Q1 Slide Deck / Press Release
• Neutral Sentiment: JPMorgan slightly trimmed its price target (from $396 to $390) but kept an Overweight rating, signaling continued analyst conviction despite trimming assumptions. Benzinga — JPMorgan Price Target
• Neutral Sentiment: Full earnings call/transcript and analyst notes are available for deeper read-through of assumptions and guidance changes. Earnings Call Transcript — Seeking Alpha
• Negative Sentiment: Recruited assets plunged (~$17B; down ~55% YoY), and organic net new assets were modest ($21B), raising concerns about forward growth momentum for AUM-driven fees. This softness is a key driver of the intra-day decline. Quiver Quant — Asset Metrics & Price Reaction
• Negative Sentiment: Management lowered the estimated Commonwealth run‑rate EBITDA (to ~$410M from $425M) and flagged higher Core G&A, which tempers margin upside and near-term cash flow expectations. LPL Financial Q1 Release — GlobeNewswire
• Negative Sentiment: Market reaction is amplified by visible insider selling activity reported in recent months (multiple insiders selling, few purchases), which can add to near-term selling pressure. Quiver Quant — Insider & Institutional Activity

Insider Activity

In other news, CFO Matthew J. Audette sold 1,581 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $320.50, for a total value of $506,710.50. Following the transaction, the chief financial officer owned 21,382 shares of the company’s stock, valued at approximately $6,852,931. The trade was a 6.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Matthew Enyedi sold 2,109 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $320.15, for a total value of $675,196.35. Following the completion of the transaction, the director directly owned 14,121 shares in the company, valued at approximately $4,520,838.15. The trade was a 12.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 8,569 shares of company stock valued at $2,720,733. Company insiders own 0.60% of the company’s stock.

LPL Financial 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.