Quantinno Capital Management LP Purchases 402,783 Shares of Lincoln National Corporation $LNC

Quantinno Capital Management LP increased its position in shares of Lincoln National Corporation (NYSE:LNC) by 223.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 583,257 shares of the financial services provider’s stock after buying an additional 402,783 shares during the period. Quantinno Capital Management LP’s holdings in Lincoln National were worth $20,706,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LNC. Bain Capital Prairie LLC bought a new stake in Lincoln National during the fourth quarter valued at $835,360,000. Norges Bank bought a new position in shares of Lincoln National in the 4th quarter worth about $101,114,000. Dimensional Fund Advisors LP raised its position in shares of Lincoln National by 24.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,755,506 shares of the financial services provider’s stock worth $275,304,000 after acquiring an additional 1,522,179 shares in the last quarter. Jennison Associates LLC lifted its stake in shares of Lincoln National by 58.7% in the 4th quarter. Jennison Associates LLC now owns 3,681,158 shares of the financial services provider’s stock valued at $163,922,000 after purchasing an additional 1,361,835 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Lincoln National in the 3rd quarter valued at about $29,831,000. Institutional investors and hedge funds own 72.81% of the company’s stock.

Insider Buying and Selling at Lincoln National

In other Lincoln National news, EVP Craigt T. Beazer sold 30,000 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.45, for a total value 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. This trade represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on LNC. Jefferies Financial Group raised their target price on Lincoln National from $56.00 to $57.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Mizuho boosted their price target on Lincoln National from $51.00 to $53.00 and gave the company an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. increased their price target on Lincoln National from $40.00 to $42.00 and gave the stock an “underweight” rating in a report on Tuesday, July 21st. UBS Group increased their price target on Lincoln National from $39.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Finally, Morgan Stanley dropped their target price on shares of Lincoln National from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Six research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $46.43.

Lincoln National Stock Down 0.9%

LNC stock opened at $45.60 on Friday. The stock’s 50 day simple moving average is $38.23 and its 200 day simple moving average is $37.45. Lincoln National Corporation has a fifty-two week low of $32.18 and a fifty-two week high of $46.82. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.25 and a current ratio of 0.27. The company has a market cap of $8.72 billion, a P/E ratio of 3.95, a price-to-earnings-growth ratio of 3.22 and a beta of 1.17.

Lincoln National (NYSE:LNC) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.28. Lincoln National had a return on equity of 17.35% and a net margin of 12.21%.The business had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.89 billion. During the same quarter in the prior year, the company earned $2.36 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. On average, research analysts expect that Lincoln National Corporation will post 7.8 earnings per share for the current fiscal year.

Lincoln National Dividend Announcement

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

Lincoln National News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat expectations: Lincoln Financial reported adjusted operating income of $2.24 per diluted share, above the roughly $1.96–$2.00 analyst consensus, while revenue reached $4.93 billion versus expectations of $4.89 billion. Revenue increased 12.3% year over year, supporting investor confidence in the company’s profitability and execution. Lincoln Financial Reports 2026 Second Quarter Results
• Positive Sentiment: Legacy reinsurance deal adds to the bullish reaction: Coverage indicates that a major legacy-block reinsurance transaction, together with the earnings beat, helped drive a sharp post-results increase in LNC shares. The deal may reduce legacy risk and improve the company’s financial flexibility. Lincoln National Is Up After Earnings Beat and Major Legacy Block Reinsurance Deal
• Positive Sentiment: Analysts raised price targets and ratings: Mizuho increased its target from $51 to $53 and assigned an “outperform” rating. Keefe, Bruyette & Woods raised its target from $46 to $51 and also rated the shares “outperform,” signaling continued upside potential after the earnings report. Analyst price-target updates
• Neutral Sentiment: Preferred dividends declared: Lincoln’s board declared semiannual dividends on its Series C and Series D preferred stock. The announcement demonstrates continued capital-distribution activity but has limited direct impact on common-stock earnings. Preferred Stock Dividends
• Negative Sentiment: Some underlying metrics trailed estimates: Analysts noted that sales were below expectations, and quarterly EPS declined from $2.36 in the year-ago period despite the current-quarter beat. These factors could limit further upside if investors focus on growth quality and sustainability. Lincoln Financial Group Q2 Earnings

Lincoln National Profile

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.