State of Wyoming Takes $434,000 Position in Lincoln National Corporation $LNC

Posted by Geri Gentry on Jul 26th, 2026

State of Wyoming purchased a new position in shares of Lincoln National Corporation (NYSE:LNC – Free Report) during the first quarter, Holdings Channel.com reports. The fund purchased 12,234 shares of the financial services provider’s stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LNC. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Lincoln National during the fourth quarter worth about $4,742,000. Wealthstar Advisors LLC bought a new stake in Lincoln National in the 1st quarter valued at about $1,183,000. Oxbow Advisors LLC boosted its stake in Lincoln National by 22.1% during the 4th quarter. Oxbow Advisors LLC now owns 231,208 shares of the financial services provider’s stock valued at $10,296,000 after purchasing an additional 41,817 shares during the period. Hsbc Holdings PLC boosted its stake in Lincoln National by 10.9% during the 4th quarter. Hsbc Holdings PLC now owns 1,360,587 shares of the financial services provider’s stock valued at $60,495,000 after purchasing an additional 133,388 shares during the period. Finally, Bessemer Group Inc. grew its position in 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 during the last quarter. Institutional investors and hedge funds own 72.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on LNC shares. Keefe, Bruyette & Woods lifted their price target on Lincoln National from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Monday, July 13th. 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 report on Thursday, July 9th. Jefferies Financial Group raised their target price on Lincoln National from $56.00 to $57.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Barclays raised Lincoln National from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $42.00 to $45.00 in a research note on Monday, July 6th. Finally, UBS Group boosted their price target on Lincoln National from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $45.21.

Read Our Latest Stock Report on LNC

Insider Activity

In other news, EVP Craigt T. Beazer sold 30,000 shares of Lincoln National 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 transaction, the executive vice president directly owned 103,906 shares in the company, valued at approximately $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 can be accessed through this link. Company insiders own 1.03% of the company’s stock.

Lincoln National Trading Up 1.2%

Shares of NYSE:LNC opened at $41.32 on Friday. The company has a 50 day moving average of $37.42 and a 200-day moving average of $37.51. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.65. The firm has a market cap of $7.90 billion, a P/E ratio of 4.79, a P/E/G ratio of 2.92 and a beta of 1.17. Lincoln National Corporation has a twelve month low of $32.18 and a twelve month high of $46.82.

Lincoln National (NYSE:LNC – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The financial services provider reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. Lincoln National had a net margin of 9.17% and a return on equity of 18.07%. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.93 billion. During the same quarter last year, the business earned $1.60 earnings per share. The business’s revenue for the quarter was up 13.1% on a year-over-year basis. As a group, analysts anticipate that Lincoln National Corporation will post 7.73 earnings per share for the current fiscal year.

Lincoln National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Friday, July 10th. Lincoln National’s dividend payout ratio (DPR) is presently 20.88%.

Lincoln National Company Profile

(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.