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

Lincoln National (NYSE: LNC) recently received a number of ratings updates from brokerages and research firms:

• 5/21/2026 – Lincoln National was given a new $40.00 price target by National Bank Financial.
• 5/21/2026 – Lincoln National had its price target lowered by Morgan Stanley from $43.00 to $40.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – Lincoln National had its “neutral” rating reaffirmed by UBS Group AG. They now have a $39.00 price target on the stock.
• 5/13/2026 – Lincoln National had its price target raised by Keefe, Bruyette & Woods from $43.00 to $44.00. They now have an “outperform” rating on the stock.
• 5/12/2026 – Lincoln National had its price target raised by Wells Fargo & Company from $43.00 to $44.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – Lincoln National was downgraded by Weiss Ratings from “buy (b-)” to “hold (c)”.
• 5/7/2026 – Lincoln National had its price target lowered by JPMorgan Chase & Co. from $42.00 to $40.00. They now have an “underweight” rating on the stock.
• 4/14/2026 – Lincoln National had its price target lowered by Bank of America Corporation from $41.00 to $37.00. They now have a “neutral” rating on the stock.
• 4/13/2026 – Lincoln National was given a new $48.00 price target by National Bank Financial.
• 4/13/2026 – Lincoln National had its price target lowered by Mizuho from $54.00 to $48.00. They now have an “outperform” rating on the stock.
• 4/10/2026 – Lincoln National had its price target lowered by Wells Fargo & Company from $48.00 to $43.00. They now have an “overweight” rating on the stock.
• 4/9/2026 – Lincoln National had its price target lowered by UBS Group AG from $43.00 to $37.00. They now have a “neutral” rating on the stock.
• 4/8/2026 – Lincoln National had its price target lowered by Barclays PLC from $44.00 to $42.00. They now have an “equal weight” rating on the stock.
• 3/27/2026 – Lincoln National had its “buy (b-)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling at Lincoln National

In other Lincoln National news, EVP Sean Woodroffe sold 8,000 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $32.74, for a total value of $261,920.00. Following the sale, the executive vice president directly owned 198,159 shares of the company’s stock, valued at approximately $6,487,725.66. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder National Life Insuranc Lincoln purchased 2,254,486 shares of the stock in a transaction on Wednesday, February 25th. The stock was acquired at an average cost of $11.09 per share, for a total transaction of $25,002,249.74. Following the completion of the acquisition, the insider owned 9,784,322 shares of the company’s stock, valued at $108,508,130.98. The trade was a 29.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.03% of the stock is currently owned by corporate insiders.

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.