Lincoln National (NYSE:LNC) Given New $53.00 Price Target at Mizuho

Lincoln National (NYSE:LNC) had its price objective increased by Mizuho from $51.00 to $53.00 in a research report sent to investors on Friday,Benzinga reports. Mizuho currently has an outperform rating on the financial services provider’s stock.

A number of other equities research analysts have also weighed in on LNC. Keefe, Bruyette & Woods upped their target price on shares of Lincoln National from $46.00 to $51.00 and gave the stock an “outperform” rating in a report on Friday. UBS Group lifted their price target on Lincoln National from $39.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings lowered Lincoln National from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Wells Fargo & Company increased their price objective on Lincoln National from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. raised their target price on Lincoln National from $40.00 to $42.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $46.43.

Lincoln National Trading Down 0.9%

NYSE LNC opened at $45.60 on Friday. The stock has a market capitalization of $8.72 billion, a P/E ratio of 3.95, a P/E/G ratio of 3.25 and a beta of 1.17. The business has a 50 day simple moving average of $38.23 and a 200 day simple moving average of $37.45. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.27 and a quick ratio of 0.25. Lincoln National has a one year low of $32.18 and a one year high of $46.82.

Lincoln National (NYSE:LNC) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $2.24 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.28. The firm had revenue of $4.93 billion during the quarter, compared to the consensus estimate of $4.89 billion. Lincoln National had a net margin of 12.21% and a return on equity of 17.35%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.36 earnings per share. Research analysts expect that Lincoln National will post 7.73 earnings per share for the current 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 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 is 20.88%.

Insider Activity at Lincoln National

In other Lincoln National news, EVP Craigt T. Beazer sold 30,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.45, for a total transaction of $1,033,500.00. Following the sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.03% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LNC. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Lincoln National in the fourth quarter valued at $4,742,000. Wealthstar Advisors LLC bought a new stake in Lincoln National during the first quarter worth about $1,183,000. Oxbow Advisors LLC lifted its stake in Lincoln National by 22.1% during the fourth quarter. Oxbow Advisors LLC now owns 231,208 shares of the financial services provider’s stock worth $10,296,000 after purchasing an additional 41,817 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Lincoln National by 10.9% in the 4th quarter. Hsbc Holdings PLC now owns 1,360,587 shares of the financial services provider’s stock worth $60,495,000 after purchasing an additional 133,388 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Lincoln National by 25.4% in the 1st quarter. Bessemer Group Inc. now owns 203,973 shares of the financial services provider’s stock worth $7,241,000 after purchasing an additional 41,345 shares in the last quarter. 72.81% of the stock is owned by institutional investors.

Key Headlines Impacting Lincoln National

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 Company 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.