Sean Woodroffe Sells 10,000 Shares of Lincoln National (NYSE:LNC) Stock

March 3, 2026 by InsiderTrades.com

Key Points

EVP Sean Woodroffe sold 10,000 shares of Lincoln National on March 2 at an average price of $34.46 for proceeds of $344,600, trimming his stake by 4.63% to 206,159 shares valued at about $7.10 million.
Lincoln National beat Q4 EPS expectations, reporting $2.21 per share vs. a $1.86 consensus on $4.89 billion of revenue, and announced a quarterly dividend of $0.45 (annualized $1.80) implying a ~5.2% yield.
The stock has a market cap of $6.56 billion, a P/E of 6.5 and a 12‑month range of $27.58–$46.82, while analysts' consensus is a "Hold" with an average target price of $46.58.

Lincoln National Corporation (NYSE:LNC - Get Free Report) EVP Sean Woodroffe sold 10,000 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $34.46, for a total transaction of $344,600.00. Following the sale, the executive vice president directly owned 206,159 shares of the company's stock, valued at $7,104,239.14. The trade was a 4.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Lincoln National Price Performance

LNC stock opened at $34.51 on Tuesday. The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of 6.50, a PEG ratio of 1.54 and a beta of 1.30. The firm's 50-day moving average price is $41.40 and its two-hundred day moving average price is $41.34. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59. Lincoln National Corporation has a 12-month low of $27.58 and a 12-month high of $46.82.

Lincoln National (NYSE:LNC - Get Free Report) last posted its earnings results on Thursday, February 12th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.35. Lincoln National had a return on equity of 18.52% and a net margin of 6.46%.The company had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.85 billion. During the same period last year, the firm earned $1.91 earnings per share. Lincoln National's quarterly revenue was down 2.8% on a year-over-year basis. As a group, equities analysts predict that Lincoln National Corporation will post 7.69 earnings per share for the current year.

Lincoln National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, April 10th. Lincoln National's dividend payout ratio is currently 33.90%.

Wall Street Analysts Forecast Growth

LNC has been the topic of a number of research analyst reports. Mizuho started coverage on shares of Lincoln National in a research report on Tuesday, December 16th. They set an "outperform" rating and a $52.00 price objective on the stock. TD Cowen reiterated a "hold" rating on shares of Lincoln National in a research report on Wednesday, January 28th. National Bank Financial set a $45.00 price objective on shares of Lincoln National in a report on Thursday, January 8th. Piper Sandler lifted their price objective on Lincoln National from $42.00 to $48.00 and gave the company a "neutral" rating in a research report on Tuesday, December 23rd. Finally, Keefe, Bruyette & Woods increased their target price on Lincoln National from $43.00 to $44.00 and gave the stock a "market perform" rating in a research report on Monday, November 3rd. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Lincoln National has an average rating of "Hold" and an average target price of $46.58.

Check Out Our Latest Analysis on LNC

Institutional Trading of Lincoln National

Hedge funds have recently made changes to their positions in the stock. Corient Private Wealth LLC grew its stake in shares of Lincoln National by 121.6% in the 4th quarter. Corient Private Wealth LLC now owns 89,832 shares of the financial services provider's stock worth $4,000,000 after buying an additional 49,301 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Lincoln National by 30.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,701 shares of the financial services provider's stock worth $610,000 after acquiring an additional 3,172 shares in the last quarter. State of Tennessee Department of Treasury grew its stake in shares of Lincoln National by 3.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 94,066 shares of the financial services provider's stock worth $3,914,000 after acquiring an additional 3,303 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Lincoln National during the fourth quarter valued at $488,000. Finally, Mackenzie Financial Corp increased its holdings in shares of Lincoln National by 1,532.3% during the fourth quarter. Mackenzie Financial Corp now owns 533,823 shares of the financial services provider's stock valued at $23,927,000 after acquiring an additional 501,120 shares in the last quarter. 72.81% of the stock is owned by institutional investors.

Lincoln National Company Profile

(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.