LPLA changes
Pick any two versions below to diff them.
- Price
- $283.74 → $301.62(+6.3%)
- Recent events
- Oct 27, 2026: LPL reported Q3 2026 results. Adjusted EPS rose 15% to $5.97, and diluted EPS was $4.52. Total client assets were $2.6 trillion, up 11% from a year earlier. Organic net new assets were $29 billion, a 4.5% annualized rate, and client cash was $56.6 billion, 2.2% of client assets. Recruited assets fell 26% from a year earlier to $24 billion. LPL now expects to keep about 83% of Commonwealth assets, down from about 90%, and it lowered the expected run-rate EBITDA of Commonwealth to $415 million from $435 million. The conversion stays on track for Q4 2026. LPL bought back $301 million of shares in the quarter and began to give its own AI agent, Cyan, to advisors. Oct 6, 2026: LPL said that it will report Q3 2026 results after the market closes on October 27, 2026. Sep 24, 2026: LPL reported August 2026 activity. Total client assets were about $2.60 trillion, up 2.2% from July. Organic net new assets were $13.5 billion, and client cash balances were $54.4 billion, about flat from July. Sep 22, 2026: LPL stock fell about 7% in one day. Reports linked the fall to concerns that AI agents can move client money, and to news that CFO Matt Audette joined the board of Valero Energy. Jul 30, 2026: LPL reported Q2 2026 results. Adjusted EPS was $5.84, up 29%, and total client assets were $2.6 trillion, up 34%. Organic net new assets were $23 billion, a 4% annualized rate. LPL raised the expected run-rate EBITDA of Commonwealth to $435 million from $410 million and resumed share buybacks, with $309 million in the quarter. The board added $2.5 billion to the buyback authorization on July 23, 2026. In Q2 2026, LPL also closed the purchase of Mariner Advisor Network, a branch with 367 advisors and about $31 billion of client assets. May 1, 2026: LPL stock fell 4.6% to $318.63 the day after its Q1 2026 report, removed: although added: with adjusted EPS of removed: $5.60 beat estimates. added: $5.60. Analysts asked about AI risks on the call. The CEO said that LPL sees no near-term risk of more cash sorting by advisors because of AI. Apr 30, 2026: LPL reported Q1 2026 results with adjusted EPS of $5.60.