AlphaQuest LLC Decreases Holdings in Lincoln National Corporation $LNC

AlphaQuest LLC trimmed its position in Lincoln National Corporation (NYSE:LNC) by 85.5% in the 3rd quarter, Holdings Channel.com reports. The fund 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Arizona State Retirement System lifted its holdings in shares of Lincoln National by 1.3% during the 3rd quarter. Arizona State Retirement System now owns 50,466 shares of the financial services provider’s stock valued at $2,035,000 after purchasing an additional 651 shares during the last quarter. Impact Partnership Wealth LLC purchased a new position in Lincoln National during the 3rd quarter worth $237,000. Great Lakes Advisors LLC increased its position in Lincoln National by 2,049.8% during the 3rd quarter. Great Lakes Advisors LLC now owns 207,474 shares of the financial services provider’s stock valued at $8,367,000 after buying an additional 197,823 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Lincoln National by 24,933.3% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,253 shares of the financial services provider’s stock valued at $91,000 after buying an additional 2,244 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. purchased a new stake in Lincoln National in the third quarter valued at about $1,694,000. 72.81% of the stock is owned by hedge funds and other institutional investors.

Lincoln National Price Performance

Shares of NYSE LNC opened at $40.66 on Friday. 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 stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 3.65, a PEG ratio of 0.41 and a beta of 1.30. The firm’s 50 day simple moving average is $43.01 and its 200-day simple moving average is $41.27. Lincoln National Corporation has a 12 month low of $27.58 and a 12 month high of $46.82.

Lincoln National (NYSE:LNC) last announced its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.35. The firm had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.85 billion. Lincoln National had a net margin of 11.49% and a return on equity of 18.77%. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.91 earnings per share. Analysts expect that Lincoln National Corporation will post 7.69 EPS for the current year.

Insider Activity

In other news, EVP John Christopher Kennedy sold 3,519 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.51% of the stock is currently owned by insiders.

Key Lincoln National News

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Morgan Stanley restated an “overweight” rating on shares of Lincoln National in a research note on Monday, December 15th. TD Cowen reiterated a “hold” rating on shares of Lincoln National in a research note on Wednesday, January 28th. UBS Group boosted their target price on shares of Lincoln National from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Zacks Research cut shares of Lincoln National from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 4th. Finally, National Bank Financial set a $45.00 price objective on shares of Lincoln National in a research note on Thursday, January 8th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lincoln National presently has an average rating of “Hold” and a consensus price target of $46.25.

Lincoln National Company Profile

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.