Why LPL Financial Holdings (LPLA) Stock Is Up Today

LPL Financial Holdings (LPLA) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is LPL’s second-quarter 2026 earnings release, which showed stronger-than-expected profit and revenue alongside solid asset growth. Investors also appear to be responding well to improved recruiting trends, tighter expense guidance, and continued progress on the Commonwealth integration.

Details:

LPL reported second-quarter adjusted EPS of $5.84 on revenue of $5.19 billion, both above consensus expectations.

Total client assets rose to $2.6 trillion in the quarter, up 10% from the first quarter, while organic net new assets were $23 billion.

Management said recruited assets improved to $25 billion, described the recruiting pipeline as a record, and said asset retention was 97% for both the quarter and trailing 12 months.

LPL also lowered its 2026 core G&A expense outlook to $2.140 billion to $2.165 billion and said Commonwealth advisor onboarding remains on track for the fourth quarter.

Sources:

LPL Financial, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LPLA Insider Trading Activity

$LPLA insiders have traded $LPLA stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.

Here’s a breakdown of recent trading of $LPLA stock by insiders over the last 6 months:

MATTHEW J AUDETTE (President and CFO) has made 0 purchases and 10 sales selling 3,160 shares for an estimated $1,025,616.
MARC ELIOT COHEN (Group Managing Director) has made 0 purchases and 2 sales selling 3,300 shares for an estimated $1,019,995.
MATTHEW ENYEDI (Group Managing Director) has made 0 purchases and 5 sales selling 2,109 shares for an estimated $675,191.
ANERI JAMBUSARIA (Group Managing Director) sold 308 shares for an estimated $94,248

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$LPLA Hedge Fund Activity

We have seen 322 institutional investors add shares of $LPLA stock to their portfolio, and 401 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS removed 1,312,911 shares (-36.2%) from their portfolio in Q1 2026, for an estimated $394,963,016
SAMLYN CAPITAL, LLC added 744,101 shares (+47.1%) to their portfolio in Q1 2026, for an estimated $223,847,903
ASSENAGON ASSET MANAGEMENT S.A. added 730,613 shares (+4435.2%) to their portfolio in Q2 2026, for an estimated $205,799,069
PRINCIPAL FINANCIAL GROUP INC added 702,061 shares (+36.3%) to their portfolio in Q1 2026, for an estimated $211,201,010
FMR LLC added 632,711 shares (+95.1%) to their portfolio in Q1 2026, for an estimated $190,338,450
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 618,457 shares (-26.9%) from their portfolio in Q1 2026, for an estimated $186,050,419
MILLENNIUM MANAGEMENT LLC added 585,543 shares (+192.2%) to their portfolio in Q1 2026, for an estimated $176,148,900

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$LPLA Congressional Stock Trading

Members of Congress have traded $LPLA stock 9 times in the past 6 months. Of those trades, 9 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. has traded it 9 times. They made 9 purchases worth up to $135,000 on 06/11, 06/05, 05/19, 05/14, 05/12, 05/07, 05/01, 04/06, 03/27 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$LPLA Price Targets

Multiple analysts have issued price targets for $LPLA recently. We have seen 8 analysts offer price targets for $LPLA in the last 6 months, with a median target of $386.5.

Here are some recent targets:

Benjamin Budish from Barclays set a target price of $394.0 on 07/09/2026
Michael Brown from UBS set a target price of $391.0 on 07/08/2026
Michael Cho from JP Morgan set a target price of $390.0 on 05/01/2026
Bill Katz from TD Cowen set a target price of $326.0 on 05/01/2026
Michael Cyprys from Morgan Stanley set a target price of $374.0 on 04/10/2026
Chris Allen from Keefe, Bruyette & Woods set a target price of $350.0 on 04/08/2026
Devin Ryan from Citizens set a target price of $500.0 on 04/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.