LPL Financial Aktie

Jonathan Lewis will be managing director and chief technology and information officer at LPL Financial and will be responsible for architecture, engineering, infrastructure and development. He reports to Greg Gates, who is now group managing director and chief product and technology officer. Lewis brings more than 20 years of technology experience from leadership roles at Wells Fargo and J.P. Morgan. LPL Financial supports more than 32,000 financial advisors and holds about $2.6 trillion in client assets. » Mere på de.investing.com

LPL Financial reported adjusted record EPS of $5.84 for Q2 2026 (consensus ~$5.38) and revenue of $5.19 billion, beating expectations; net income rose 39% year‑over‑year. The company accelerated buybacks to $309 million (vs. originally $125 million) and received a new buyback authorization for $2.5 billion, with $300 million allocated for Q3. Assets under management climbed 34% to $2.6 trillion. Management cut its core G&A forecast and raised the expected EBITDA contribution from the Commonwealth integration to $435 million. Analysts raised price targets, and the stock rallied intraday to a high of $360.26. » Mere på de.investing.com

Bell Global Equities flagged LPL Financial as a notable detractor in May, citing fears that tokenized and AI-centric platforms could automate client sweep cash into higher-yielding alternatives and threaten client cash revenue (~30% of gross profit). The sector-wide de-rating was compounded by uncertainty over retention of onboarding Commonwealth advisors. Bell argues these concerns are overdone, noting offsetting levers such as custody platform fees and fee restructuring, improving organic net new asset growth, and a valuation near 11x forward earnings that it views as attractive. » Mere på finance.yahoo.com