Lincoln National (LNC) – Research Analysts’ Recent Ratings Changes

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

• 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.
• 5/21/2026 – Lincoln National was given a new $40.00 price target by National Bank Financial.
• 5/21/2026 – Lincoln National had its price target lowered by Morgan Stanley from $43.00 to $40.00. They now have an “overweight” rating on the stock.

Lincoln National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, July 10th. Lincoln National’s payout ratio is currently 20.88%.

Insider Activity

In other Lincoln National news, EVP Craigt T. Beazer sold 30,000 shares of the firm’s 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 transaction, the executive vice president owned 103,906 shares in the company, valued at $3,579,561.70. This trade represents a 22.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.03% of the stock is currently owned by company 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.