Investment Analysts’ Recent Ratings Updates for Lincoln National (LNC)

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

• 10/15/2026 – Lincoln National had its price target lowered by JPMorgan Chase & Co. from $49.00 to $47.00. They now have an “underweight” rating on the stock.
• 10/12/2026 – Lincoln National had its price target raised by Wells Fargo & Company from $52.00 to $54.00. They now have an “overweight” rating on the stock.
• 10/9/2026 – Lincoln National had its price target lowered by Keefe, Bruyette & Woods from $51.00 to $50.00. They now have an “outperform” rating on the stock.
• 10/7/2026 – Lincoln National was given a new $49.00 price target by National Bank Financial.
• 10/7/2026 – Lincoln National had its price target raised by Barclays PLC from $45.00 to $48.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Lincoln National had its price target lowered by Mizuho from $53.00 to $49.00. They now have an “outperform” rating on the stock.
• 10/6/2026 – Lincoln National had its price target raised by UBS Group AG from $44.00 to $46.00. They now have a “neutral” rating on the stock.
• 10/5/2026 – Lincoln National had its price target lowered by Morgan Stanley from $50.00 to $47.00. They now have an “overweight” rating on the stock.
• 8/24/2026 – Lincoln National was given a new $50.00 price target by National Bank Financial.
• 8/24/2026 – Lincoln National had its price target raised by Morgan Stanley from $40.00 to $50.00. They now have an “overweight” rating on the stock.

Lincoln National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, October 9th. Lincoln National’s payout ratio is presently 15.60%.

Insider Activity at Lincoln National

In related news, Director Gary Kelly sold 15,007 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $26.50, for a total transaction of $397,685.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sean Woodroffe sold 11,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $45.28, for a total value of $498,080.00. Following the completion of the transaction, the executive vice president directly owned 119,947 shares of the company’s stock, valued at approximately $5,431,200.16. This represents a 8.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.03% of the stock is currently owned by insiders.

Lincoln National Corporation, operating under the Lincoln Financial Group brand, is a financial services company that provides insurance and retirement products primarily in the United States. Its businesses are designed to help individuals, employers and institutions manage financial protection, income and long-term savings needs.

The company offers life insurance and annuities, including products intended to provide death-benefit protection, retirement income and asset accumulation. Through its group protection business, Lincoln also provides employer-sponsored disability, dental, vision and leave-management solutions, as well as related workplace benefits and services.

Lincoln traces its history to the founding of The Lincoln National Life Insurance Company in Fort Wayne, Indiana, in 1905.