AlphaQuest LLC Decreases Position in Lincoln National Corporation $LNC

AlphaQuest LLC decreased its stake in Lincoln National Corporation (NYSE:LNC) by 85.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,706 shares of the financial services provider’s stock after selling 21,781 shares during the quarter. AlphaQuest LLC’s holdings in Lincoln National were worth $149,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of LNC. Advisors Asset Management Inc. bought a new stake in Lincoln National in the second quarter worth $28,000. Ameritas Advisory Services LLC bought a new position in Lincoln National during the second quarter valued at $29,000. Salomon & Ludwin LLC bought a new position in Lincoln National during the third quarter valued at $32,000. Mather Group LLC. purchased a new stake in shares of Lincoln National in the third quarter valued at $39,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of Lincoln National by 372.1% in the 3rd quarter. CoreCap Advisors LLC now owns 1,100 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 867 shares during the last quarter. Institutional investors own 72.81% of the company’s stock.

Lincoln National News Roundup

Here are the key news stories impacting Lincoln National this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus — EPS $2.21 vs. $1.86 expected; revenue $4.89B vs. $4.85B expected. The beat is the primary driver of the stock’s move higher. Lincoln National (LNC) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Strong bottom-line metrics: Q4 net income available to common shareholders $745M and adjusted operating income $434M; return on equity and net margin remain healthy — items that support investor confidence. Lincoln Financial Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Market reaction: early coverage notes shares climbed after results, reflecting the beat and upbeat messaging from management. Lincoln Financial Group’s (NYSE:LNC) Q4 CY2025: Beats On Revenue, Stock Soars
• Neutral Sentiment: Management framed results as “sustained momentum” and broad-based execution across segments; investors should review the earnings-call transcript and slide deck for any forward-looking commentary or capital/portfolio actions. Lincoln National Corporation (LNC) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue was down ~2.8% year‑over‑year, which may temper enthusiasm if investors worry about top-line sustainability or headwinds in core businesses. Compared to Estimates, Lincoln National (LNC) Q4 Earnings: A Look at Key Metrics

Lincoln National Stock Performance

Shares of LNC stock opened at $40.66 on Friday. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 3.65, a PEG ratio of 0.41 and a beta of 1.30. Lincoln National Corporation has a 52-week low of $27.58 and a 52-week high of $46.82. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.61. The company’s 50 day moving average is $43.01 and its 200 day moving average is $41.27.

Lincoln National (NYSE:LNC) last announced its earnings results on Thursday, February 12th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.35. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.85 billion. Lincoln National had a return on equity of 18.77% and a net margin of 11.49%.The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.91 EPS. On average, sell-side analysts anticipate that Lincoln National Corporation will post 7.69 EPS for the current fiscal year.

Insider Transactions at Lincoln National

In other Lincoln National news, EVP John Christopher Kennedy sold 3,519 shares of Lincoln National stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $44.15, for a total value of $155,363.85. Following the transaction, the executive vice president owned 118,985 shares in the company, valued at $5,253,187.75. The trade was a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.51% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on LNC shares. 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 report on Monday, November 3rd. Piper Sandler raised their price objective on shares of Lincoln National from $42.00 to $48.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lincoln National in a research note on Monday, December 29th. National Bank Financial set a $45.00 price target on Lincoln National in a report on Thursday, January 8th. Finally, Mizuho started coverage on Lincoln National in a research note on Tuesday, December 16th. They set an “outperform” rating and a $52.00 price target for the company. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.25.

About Lincoln National

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.