Lincoln National (LNC) – Research Analysts’ Weekly Ratings Updates

Lincoln National (NYSE: LNC) has recently received a number of price target changes and ratings updates:

• 8/3/2026 – Lincoln National was upgraded by Weiss Ratings from “hold (c)” to “buy (b)”.
• 7/31/2026 – Lincoln National had its price target raised by Mizuho from $51.00 to $53.00. They now have an “outperform” rating on the stock.
• 7/31/2026 – Lincoln National had its price target raised by Keefe, Bruyette & Woods from $46.00 to $51.00. They now have an “outperform” rating on the stock.
• 7/30/2026 – Lincoln National had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $47.00 price target on the stock.
• 7/22/2026 – Lincoln National had its price target raised by TD Cowen from $37.00 to $42.00. They now have a “hold” rating on the stock.
• 7/21/2026 – Lincoln National had its price target raised by JPMorgan Chase & Co. from $40.00 to $42.00. They now have an “underweight” rating on the stock.
• 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.

Lincoln National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, October 9th. Lincoln National’s dividend payout ratio is 15.60%.

Insider Transactions at Lincoln National

In other 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 sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gary C. Kelly sold 15,007 shares of Lincoln National stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $26.50, for a total value of $397,685.50. The disclosure for this sale is available in the SEC filing. 1.03% of the stock is owned by corporate 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.