Insider Selling: Lincoln National (NYSE:LNC) EVP Sells 30,000 Shares of Stock

Posted by Brian Himes on Jun 8th, 2026

Lincoln National Corporation (NYSE:LNC – Get Free Report) EVP Craigt Beazer sold 30,000 shares of the business’s stock in a transaction that occurred 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 $3,579,561.70. The trade was a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Lincoln National Stock Performance

LNC stock traded up $0.33 on Monday, hitting $35.07. The company had a trading volume of 1,262,217 shares, compared to its average volume of 2,092,126. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.65. Lincoln National Corporation has a 12-month low of $31.69 and a 12-month high of $46.82. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 4.07, a P/E/G ratio of 2.23 and a beta of 1.17. The stock’s 50-day simple moving average is $35.56 and its 200 day simple moving average is $38.71.

Lincoln National (NYSE:LNC – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The financial services provider reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. Lincoln National had a return on equity of 18.07% and a net margin of 9.17%.The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.93 billion. During the same period in the prior year, the firm earned $1.60 EPS. The company’s revenue was up 13.1% compared to the same quarter last year. As a group, equities research analysts expect that Lincoln National Corporation will post 7.72 earnings per share for the current fiscal year.

Lincoln National Announces Dividend

The company also recently announced 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. This represents a $1.80 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Friday, July 10th. Lincoln National’s dividend payout ratio (DPR) is presently 20.88%.

Wall Street Analysts Forecast Growth

LNC has been the topic of a number of analyst reports. Mizuho lowered their price objective on Lincoln National from $54.00 to $48.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company raised their target price on shares of Lincoln National from $43.00 to $44.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Barclays lowered their price target on shares of Lincoln National from $44.00 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Keefe, Bruyette & Woods increased their price objective on shares of Lincoln National from $43.00 to $44.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, UBS Group restated a “neutral” rating and set a $39.00 price objective on shares of Lincoln National in a research report on Thursday, May 14th. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Lincoln National presently has a consensus rating of “Hold” and a consensus price target of $43.00.

Check Out Our Latest Stock Report on Lincoln National

Institutional Trading of Lincoln National

Large investors have recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in Lincoln National during the third quarter valued at $29,000. V Square Quantitative Management LLC bought a new stake in shares of Lincoln National in the 4th quarter worth about $31,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Lincoln National during the 4th quarter valued at about $32,000. NBT Bank N A NY lifted its holdings in shares of Lincoln National by 2,051.1% in the 1st quarter. NBT Bank N A NY now owns 968 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 923 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Lincoln National in the 4th quarter valued at about $34,000. Institutional investors own 72.81% of the company’s stock.

About Lincoln National

(Get Free Report)

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.