Concurrent Investment Advisors LLC Raises Holdings in LPL Financial Holdings Inc. $LPLA

Concurrent Investment Advisors LLC grew its position in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) by 179.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,472 shares of the financial services provider’s stock after purchasing an additional 1,587 shares during the period. Concurrent Investment Advisors LLC’s holdings in LPL Financial were worth $883,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LPLA. NewEdge Advisors LLC grew its position in LPL Financial by 42.7% in the first quarter. NewEdge Advisors LLC now owns 3,525 shares of the financial services provider’s stock worth $1,153,000 after acquiring an additional 1,055 shares in the last quarter. Goldman Sachs Group Inc. grew its position in LPL Financial by 0.5% in the first quarter. Goldman Sachs Group Inc. now owns 209,126 shares of the financial services provider’s stock worth $68,414,000 after acquiring an additional 1,089 shares in the last quarter. Woodline Partners LP purchased a new position in LPL Financial in the first quarter worth about $1,636,000. Focus Partners Wealth grew its position in LPL Financial by 12.2% in the first quarter. Focus Partners Wealth now owns 4,360 shares of the financial services provider’s stock worth $1,426,000 after acquiring an additional 473 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in LPL Financial in the first quarter worth about $121,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on LPLA shares. Citizens Jmp reiterated a “market outperform” rating and issued a $500.00 price target on shares of LPL Financial in a research report on Monday, April 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of LPL Financial in a research report on Monday. JPMorgan Chase & Co. dropped their price target on LPL Financial from $396.00 to $390.00 and set an “overweight” rating for the company in a research report on Friday. Keefe, Bruyette & Woods started coverage on shares of LPL Financial in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $350.00 price objective for the company. Finally, Barclays raised their price objective on shares of LPL Financial from $369.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, LPL Financial has a consensus rating of “Moderate Buy” and an average price target of $398.86.

Insider Buying and Selling

In related news, Director Marc Eliot Cohen sold 2,212 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 5,488 shares of the company’s stock, valued at $1,694,420. The trade was a 28.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 completion of the transaction, the director directly owned 14,121 shares of the company’s stock, valued at $4,520,838.15. This trade represents a 12.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,569 shares of company stock valued at $2,720,733 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.

LPL Financial Stock Performance

LPL Financial stock opened at $318.63 on Friday. The company has a 50 day moving average price of $308.70 and a 200-day moving average price of $342.49. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.45 and a current ratio of 2.45. LPL Financial Holdings Inc. has a fifty-two week low of $281.51 and a fifty-two week high of $403.58. The company has a market capitalization of $25.55 billion, a PE ratio of 28.94, a P/E/G ratio of 0.91 and a beta of 0.57.

LPL Financial (NASDAQ:LPLA) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.49 by $0.11. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.98 billion. LPL Financial had a net margin of 4.93% and a return on equity of 32.06%. The company’s revenue was up 34.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.15 earnings per share. As a group, equities analysts forecast that LPL Financial Holdings Inc. will post 23 earnings per share for the current year.

LPL Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be paid 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 yield of 0.4%. LPL Financial’s payout ratio is 10.90%.

More LPL Financial News

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

About LPL Financial

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.