Lincoln National (NYSE:LNC) EVP Sells $155,363.85 in Stock

December 12, 2025 by InsiderTrades.com

Key Points

EVP John Christopher Kennedy sold 3,519 shares on December 10 at an average price of $44.15 for a total of $155,363.85, trimming his stake by 2.87% to 118,985 shares (valued at about $5.25M).
Lincoln National reported quarterly EPS of $2.04 (beating the $1.84 estimate) and announced a quarterly dividend of $0.45 (3.9% yield) with an ex-dividend date of Jan 12 and payment on Feb 2.
Analysts have an average rating of "Hold" with a consensus price target of $43.40 (two Buy, eight Hold, two Sell).

Lincoln National Corporation (NYSE:LNC - Get Free Report) EVP John Christopher Kennedy sold 3,519 shares of Lincoln National stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $44.15, for a total transaction of $155,363.85. Following the sale, the executive vice president directly owned 118,985 shares in the company, valued at $5,253,187.75. This trade represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Lincoln National Price Performance

Shares of NYSE:LNC opened at $46.31 on Friday. Lincoln National Corporation has a one year low of $27.58 and a one year high of $46.51. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.28 and a quick ratio of 0.28. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 4.18, a PEG ratio of 0.45 and a beta of 1.33. The firm has a 50 day simple moving average of $40.70 and a 200 day simple moving average of $38.42.

Lincoln National (NYSE:LNC - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The financial services provider reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.20. Lincoln National had a net margin of 11.49% and a return on equity of 18.77%. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the business earned $2.06 earnings per share. Research analysts predict that Lincoln National Corporation will post 7.69 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, February 2nd. Shareholders of record on Monday, January 12th will be given a $0.45 dividend. The ex-dividend date is Monday, January 12th. This represents a $1.80 annualized dividend and a yield of 3.9%. Lincoln National's dividend payout ratio (DPR) is currently 16.16%.

Analysts Set New Price Targets

Several analysts have recently weighed in on LNC shares. Piper Sandler restated a "neutral" rating and set a $42.00 price target on shares of Lincoln National in a report on Tuesday, October 7th. National Bankshares set a $44.00 target price on shares of Lincoln National in a research report on Monday, November 3rd. Keefe, Bruyette & Woods upped their price target on shares of Lincoln National from $43.00 to $44.00 and gave the company a "market perform" rating in a research report on Monday, November 3rd. Barclays lifted their price target on shares of Lincoln National from $42.00 to $46.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 8th. Finally, Wolfe Research upgraded Lincoln National to a "strong sell" rating in a report on Tuesday, September 16th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $43.40.

Check Out Our Latest Stock Analysis on Lincoln National

Hedge Funds Weigh In On Lincoln National

Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new stake in Lincoln National during the 3rd quarter worth about $29,000. Salomon & Ludwin LLC acquired a new stake in Lincoln National during the third quarter worth approximately $32,000. Advisors Asset Management Inc. acquired a new stake in Lincoln National during the second quarter worth approximately $28,000. Ameritas Advisory Services LLC bought a new stake in Lincoln National in the second quarter worth approximately $29,000. Finally, Mather Group LLC. acquired a new position in Lincoln National in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 72.81% of the company's stock.

Lincoln National Company Profile

(Get Free Report)

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates in four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders.