LPL Financial Holdings Inc. (LPLA)

Security & Commodity Brokers, Dealers, Exchanges & Services

Latest Price

$339.17

TTM P/E

30.53

Normalized P/E

28.74

Div Yield

0.35%

Book Value

70.97

P/B Ratio

4.78

Valuation metrics

EPS: $10.92

Book value / share: $67.60

Formula: √(22.5 × EPS × BVPS)

Graham Number

$128.88

64% downside

Norm. op. income: $1.1B (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$28.62

92% downside

EPS: $10.92

Target P/E: 30×

Formula: EPS × P/E

P/E Fair Value

$327.60

7% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	4.97M	$1.50B	6.21%	-14.8K	2026-03-31
Dodge & Cox	4.15M	$1.25B	5.18%	+197.6K	2026-03-31
Boston Partners	4.13M	$1.24B	5.16%	+581.2K	2026-03-31
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	3.87M	$1.17B	4.83%	+149.9K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	3.85M	$1.16B	4.81%	--	2026-03-31
JANUS HENDERSON GROUP PLC	3.67M	$1.10B	4.58%	+289.2K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	3.60M	$1.08B	4.49%	--	2026-03-31
PRINCIPAL FINANCIAL GROUP INC	2.64M	$793.0M	3.29%	+702.1K	2026-03-31
SAMLYN CAPITAL, LLC	2.32M	$698.0M	2.90%	+744.1K	2026-03-31
Capital World Investors	2.31M	$695.0M	2.89%	-1.31M	2026-03-31