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2,483,081 Shares in Lincoln Educational Services Corporation $LINC Acquired by BlackRock Inc.

Lincoln Educational Services logo with Consumer Discretionary background
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Key Points

  • BlackRock acquired 2,483,081 shares of Lincoln Educational Services in the second quarter, worth approximately $123.9 million and representing a 7.83% stake. Institutional investors and hedge funds collectively own 72.23% of the company.
  • Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $50.67, despite several recent target reductions to $50.
  • Lincoln Educational Services reported quarterly revenue of $142.56 million and EPS of $0.06, exceeding revenue expectations. The company’s fiscal 2026 EPS guidance is $0.74–$0.83, while insiders sold 23,000 shares worth about $1.05 million over the past three months.
  • MarketBeat previews the top five stocks to own by September 1st.

BlackRock Inc. purchased a new stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,483,081 shares of the company's stock, valued at approximately $123,906,000. BlackRock Inc. owned 7.83% of Lincoln Educational Services as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in shares of Lincoln Educational Services during the 1st quarter valued at $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Lincoln Educational Services by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company's stock worth $248,000 after acquiring an additional 681 shares during the period. Empowered Funds LLC raised its stake in Lincoln Educational Services by 1.9% during the 1st quarter. Empowered Funds LLC now owns 47,648 shares of the company's stock valued at $756,000 after purchasing an additional 879 shares during the last quarter. Strs Ohio bought a new stake in shares of Lincoln Educational Services in the 1st quarter worth approximately $48,000. Finally, Legal & General Group Plc boosted its stake in Lincoln Educational Services by 156.1% during the second quarter. Legal & General Group Plc now owns 5,740 shares of the company's stock worth $132,000 after buying an additional 3,499 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lincoln Educational Services

In related news, SVP Alexandra M. Luster sold 18,007 shares of the company's stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $44.64, for a total transaction of $803,832.48. Following the completion of the transaction, the senior vice president directly owned 82,356 shares in the company, valued at $3,676,371.84. This represents a 17.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the transaction, the director directly owned 25,039 shares of the company's stock, valued at approximately $1,201,872. The trade was a 10.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,000 shares of company stock valued at $1,047,702 in the last three months. Insiders own 12.80% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Rosenblatt Securities dropped their price objective on shares of Lincoln Educational Services from $60.00 to $50.00 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Lake Street Capital cut their target price on shares of Lincoln Educational Services from $55.00 to $50.00 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Weiss Ratings downgraded Lincoln Educational Services from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. Northland Securities set a $60.00 price target on Lincoln Educational Services in a research report on Thursday, May 28th. Finally, B. Riley Financial increased their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a "buy" rating in a research report on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $50.67.

View Our Latest Stock Analysis on LINC

Lincoln Educational Services Trading Up 0.2%

NASDAQ LINC opened at $25.43 on Friday. The firm has a market cap of $806.64 million, a P/E ratio of 35.32, a P/E/G ratio of 2.17 and a beta of 0.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.92. The stock's 50-day moving average is $40.94 and its 200-day moving average is $41.05. Lincoln Educational Services Corporation has a one year low of $17.29 and a one year high of $56.34.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $142.56 million during the quarter, compared to analyst estimates of $139.49 million. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Sell-side analysts anticipate that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Lincoln Educational Services Profile

(Free Report)

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company's program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.

See Also

Institutional Ownership by Quarter for Lincoln Educational Services (NASDAQ:LINC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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