Lincoln National (LNC) – Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Lincoln National (NYSE: LNC):

• 7/30/2026 – Lincoln National had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $47.00 price target on the stock.
• 7/22/2026 – Lincoln National had its price target raised by TD Cowen from $37.00 to $42.00. They now have a “hold” rating on the stock.
• 7/21/2026 – Lincoln National had its price target raised by JPMorgan Chase & Co. from $40.00 to $42.00. They now have an “underweight” rating on the stock.
• 7/13/2026 – Lincoln National had its price target raised by Keefe, Bruyette & Woods from $44.00 to $46.00. They now have an “outperform” rating on the stock.
• 7/10/2026 – Lincoln National had its price target raised by Jefferies Financial Group Inc. from $56.00 to $57.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Lincoln National was given a new $51.00 price target by National Bank Financial.
• 7/9/2026 – Lincoln National had its price target raised by Wells Fargo & Company from $44.00 to $47.00. They now have an “overweight” rating on the stock.
• 7/9/2026 – Lincoln National had its price target raised by Mizuho from $48.00 to $51.00. They now have an “outperform” rating on the stock.
• 7/8/2026 – Lincoln National had its price target raised by UBS Group AG from $39.00 to $44.00. They now have a “neutral” rating on the stock.
• 7/6/2026 – Lincoln National was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $45.00 price target on the stock, up from $42.00.

Lincoln National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.80 annualized dividend and a yield of 3.9%. Lincoln National’s dividend payout ratio (DPR) is 20.88%.

Insider Activity

In other news, EVP Craigt T. Beazer sold 30,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.45, for a total transaction of $1,033,500.00. Following the transaction, the executive vice president directly owned 103,906 shares of the company’s stock, valued at approximately $3,579,561.70. The trade was a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.03% of the stock is owned by corporate insiders.

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.