LPL Financial (LPLA) – Investment Analysts’ Recent Ratings Changes
by Amy Steele · The Cerbat GemA number of firms have modified their ratings and price targets on shares of LPL Financial (NASDAQ: LPLA) recently:
- 4/10/2026 – LPL Financial had its price target lowered by Morgan Stanley from $447.00 to $374.00. They now have an “overweight” rating on the stock.
- 4/9/2026 – LPL Financial had its “hold” rating reaffirmed by TD Cowen.
- 4/8/2026 – LPL Financial had its price target lowered by Barclays PLC from $435.00 to $369.00. They now have an “overweight” rating on the stock.
- 4/8/2026 – LPL Financial is now covered by Keefe, Bruyette & Woods. They set an “outperform” rating and a $350.00 price target on the stock.
- 4/8/2026 – LPL Financial was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $380.00 price target on the stock, down from $406.00.
- 4/6/2026 – LPL Financial had its price target lowered by Jefferies Financial Group Inc. from $464.00 to $383.00. They now have a “buy” rating on the stock.
- 4/6/2026 – LPL Financial had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $500.00 price target on the stock.
LPL Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 10th. 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%.
Insider Buying and Selling
In related news, Director Matthew Enyedi sold 2,109 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $320.15, for a total transaction of $675,196.35. Following the transaction, the director directly owned 14,121 shares of the company’s stock, valued at approximately $4,520,838.15. The trade was a 12.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Marc Eliot Cohen sold 2,212 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $308.75, for a total value of $682,955.00. Following the completion of the sale, the director owned 5,488 shares of the company’s stock, valued at $1,694,420. This trade represents a 28.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 6,990 shares of company stock valued at $2,201,837. 0.60% of the stock is owned by insiders.
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.