LPL Financial (LPLA)

• Market cap: $26.2B
• 1 day: 0.42%
• 5 days: 6.61%
• 1 month: 6.50%
• 3 months: 36.69%
• 6 months: 63.70%
• Year to date: 6.83%
• 1 year: 44.69%
• 5 years: 260.98%
• 10 years: 739.68%
• Sector: Financials
• Industry: Security & Commodity Brokers, Dealers, Exchanges & Services

About: LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of September 2024, the company had over 23,000 advisors on its platform managing $1.6 trillion of client assets. The company doesn't have material operations outside of the United States.

Employees: 8,787

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9% more call options, than puts

Call options by funds: $153M | Put options by funds: $140M

3% more repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 233

0% more funds holding in top 10

Funds holding in top 10: 21 [Q2] → 21 (+0) [Q3]

2.85% less ownership

Funds ownership: 99.65% [Q2] → 96.8% (-2.85%) [Q3]

5% less funds holding

Funds holding: 665 [Q2] → 629 (-36) [Q3]

19% less capital invested

Capital invested by funds: $20.8B [Q2] → $16.9B (-$3.92B) [Q3]

23% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 111

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $277 21% downside
• Avg. target: $370 5% upside
• High target: $413 18% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Barclays Benjamin Budish 78% 1-year accuracy 90 / 115 met price target	8% upside $379	Overweight Maintained	13 Jan 2025
Citigroup Christopher Allen 81% 1-year accuracy 17 / 21 met price target	10% upside $385	Buy Maintained	10 Jan 2025
JP Morgan Michael Cho 100% 1-year accuracy 2 / 2 met price target	13% upside $397	Overweight Upgraded	7 Jan 2025
UBS Brennan Hawken 68% 1-year accuracy 23 / 34 met price target	11% upside $390	Buy Upgraded	6 Jan 2025
Keefe, Bruyette & Woods Kyle Voigt 81% 1-year accuracy 22 / 27 met price target	11% upside $390	Outperform Maintained	20 Dec 2024