LPL Financial Holdings Inc. ($LPLA) reported results for the fourth quarter of 2025 with total revenues up sharply year-over-year and solid profitability gains despite negative operating cash flow.
Key income-statement highlights:
Balance sheet and cash-flow notes:
Analyst expectations and comparisons:
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
LPL Financial Holdings Inc. Insider Trading Activity
LPL Financial Holdings Inc. insiders have traded $LPLA stock on the open market 55 times in the past 6 months. Of those trades, 0 have been purchases and 55 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by insiders over the last 6 months:
- GREG GATES (Group Managing Director) has made 0 purchases and 47 sales selling 6,000 shares for an estimated $2,147,073.
- RICHARD STEINMEIER (Chief Executive Officer) has made 0 purchases and 6 sales selling 5,058 shares for an estimated $1,876,482.
- ANERI JAMBUSARIA (Group Managing Director) has made 0 purchases and 2 sales selling 160 shares for an estimated $57,098.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
LPL Financial Holdings Inc. Hedge Fund Activity
We have seen 360 institutional investors add shares of LPL Financial Holdings Inc. stock to their portfolio, and 390 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 2,612,184 shares (+15960.1%) to their portfolio in Q3 2025, for an estimated $869,047,494
- FMR LLC removed 1,332,551 shares (-54.3%) from their portfolio in Q3 2025, for an estimated $443,326,392
- WINSLOW CAPITAL MANAGEMENT, LLC removed 1,183,069 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $393,595,225
- M&T BANK CORP added 1,136,952 shares (+27955.5%) to their portfolio in Q4 2025, for an estimated $406,085,145
- MILLENNIUM MANAGEMENT LLC added 965,693 shares (+1104.0%) to their portfolio in Q3 2025, for an estimated $321,276,404
- EGERTON CAPITAL (UK) LLP removed 832,516 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $276,969,748
- DODGE & COX added 627,546 shares (+23.2%) to their portfolio in Q3 2025, for an estimated $208,778,278
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
LPL Financial Holdings Inc. Congressional Stock Trading
Members of Congress have traded $LPLA stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 12/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
LPL Financial Holdings Inc. Analyst Ratings
Wall Street analysts have issued reports on $LPLA in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 01/08/2026
- JMP Securities issued a "Market Outperform" rating on 10/09/2025
- Morgan Stanley issued a "Overweight" rating on 10/01/2025
- Goldman Sachs issued a "Buy" rating on 09/12/2025
To track analyst ratings and price targets for LPL Financial Holdings Inc., check out Quiver Quantitative's $LPLA forecast page.
LPL Financial Holdings Inc. Price Targets
Multiple analysts have issued price targets for $LPLA recently. We have seen 11 analysts offer price targets for $LPLA in the last 6 months, with a median target of $433.0.
Here are some recent targets:
- Bill Katz from TD Cowen set a target price of $399.0 on 01/14/2026
- Michael Cho from JP Morgan set a target price of $433.0 on 01/13/2026
- Benjamin Budish from Barclays set a target price of $444.0 on 01/08/2026
- Michael Cyprys from Morgan Stanley set a target price of $447.0 on 12/22/2025
- Michael Brown from UBS set a target price of $406.0 on 12/11/2025
- Christopher Allen from Citigroup set a target price of $380.0 on 10/31/2025
- Devin Ryan from Citizens set a target price of $475.0 on 10/31/2025