Lincoln National (NYSE:LNC) Price Target Raised to $53.00

Lincoln National (NYSE:LNC) had its target price lifted by Mizuho from $51.00 to $53.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the financial services provider’s stock. Mizuho’s target price indicates a potential upside of 15.96% from the stock’s previous close.

A number of other equities research analysts have also commented on LNC. Wells Fargo & Company increased their price target on Lincoln National from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Morgan Stanley lowered their target price on Lincoln National from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Jefferies Financial Group increased their price objective on shares of Lincoln National from $56.00 to $57.00 and gave the stock a “buy” rating in a report on Friday, July 10th. JPMorgan Chase & Co. upped their target price on shares of Lincoln National from $40.00 to $42.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Finally, Barclays upgraded shares of Lincoln National from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $42.00 to $45.00 in a research report on Monday, July 6th. Six research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $46.43.

Lincoln National Price Performance

Shares of LNC stock traded down $0.32 during trading hours on Friday, hitting $45.70. The company had a trading volume of 1,134,004 shares, compared to its average volume of 2,055,928. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.25 and a current ratio of 0.25. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of 5.30, a PEG ratio of 2.93 and a beta of 1.17. Lincoln National has a 12 month low of $32.18 and a 12 month high of $46.82. The firm’s fifty day moving average is $38.04 and its 200 day moving average is $37.40.

Lincoln National (NYSE:LNC) last issued its earnings results on Thursday, July 30th. The financial services provider reported $2.24 EPS for the quarter, beating the consensus estimate of $1.96 by $0.28. The company had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.89 billion. Lincoln National had a net margin of 9.17% and a return on equity of 18.07%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.36 EPS. On average, sell-side analysts predict that Lincoln National will post 7.73 EPS for the current fiscal year.

Insider Transactions at Lincoln National

In other Lincoln National news, EVP Craigt T. Beazer sold 30,000 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.45, for a total value of $1,033,500.00. Following the completion of the sale, the executive vice president directly owned 103,906 shares in the company, valued at $3,579,561.70. This represents a 22.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.03% of the company’s stock.

Hedge Funds Weigh In On Lincoln National

Institutional investors and hedge funds have recently modified their holdings of the business. Bain Capital Prairie LLC bought a new stake in Lincoln National during the 4th quarter worth approximately $835,360,000. Dimensional Fund Advisors LP lifted its stake in Lincoln National by 24.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,755,506 shares of the financial services provider’s stock valued at $275,304,000 after buying an additional 1,522,179 shares in the last quarter. State Street Corp lifted its stake in Lincoln National by 0.7% in the second quarter. State Street Corp now owns 6,199,526 shares of the financial services provider’s stock valued at $214,504,000 after buying an additional 40,676 shares in the last quarter. Jennison Associates LLC boosted its holdings in shares of Lincoln National by 3.9% in the first quarter. Jennison Associates LLC now owns 3,823,152 shares of the financial services provider’s stock valued at $135,722,000 after buying an additional 141,994 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Lincoln National by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 2,959,195 shares of the financial services provider’s stock worth $131,801,000 after acquiring an additional 14,842 shares in the last quarter. 72.81% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Lincoln National

Here are the key news stories impacting Lincoln National this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. Lincoln Financial reported adjusted operating income of $2.24 per diluted share, ahead of consensus estimates ranging from $1.96 to $2.00. Revenue reached $4.93 billion, slightly above the $4.89 billion estimate, and increased 12.3% year over year. The company also reported $1.3 billion in net income available to common stockholders, or $6.72 per diluted share. Lincoln Financial Reports 2026 Second Quarter Results
• Positive Sentiment: A major legacy-block reinsurance deal supported the rally. The transaction appears to reinforce Lincoln National’s strategy of improving profitability and reducing the capital and risk burden associated with older insurance liabilities, helping drive the post-earnings advance. Lincoln National Is Up After Earnings Beat And Major Legacy Block Reinsurance Deal
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target. The firm increased its target from $46 to $51 and upgraded or reaffirmed an “outperform” rating, implying additional upside from recent trading levels. Benzinga analyst price-target report
• Neutral Sentiment: Lincoln National declared semiannual dividends on its Series C and Series D preferred stock. The announcement supports income-focused preferred shareholders but does not directly change the value of LNC common stock. Lincoln National Declares Series C and Series D Preferred Stock Dividends
• Negative Sentiment: Adjusted EPS declined from $2.36 in the year-ago quarter to $2.24, indicating that the earnings beat was helped by lower expectations despite higher revenue.

About Lincoln National

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.