Bank of America Corp DE Makes New $9.51 Million Investment in Lincoln Educational Services Corporation $LINC

Key Points

• Bank of America acquired 190,500 shares of Lincoln Educational Services in the second quarter, valued at approximately $9.51 million, giving it a 0.60% stake. Institutional investors collectively own 72.23% of LINC.
• Lincoln reported quarterly revenue of $142.56 million and EPS of $0.06, exceeding analyst revenue expectations. The company maintained fiscal 2026 EPS guidance of $0.74–$0.83.
• The stock faces significant legal and operational uncertainty following allegations that Lincoln overstated student enrollment conversion and attendance trends. Shares reportedly fell about 24% after the issues surfaced, while the consensus analyst rating remains “Moderate Buy” with a $50.67 target price.

Bank of America Corp DE acquired a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 190,500 shares of the company's stock, valued at approximately $9,506,000. Bank of America Corp DE owned approximately 0.60% of Lincoln Educational Services at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Freestone Grove Partners LP purchased a new stake in shares of Lincoln Educational Services during the second quarter worth about $88,000. Jupiter Topco LLC acquired a new stake in Lincoln Educational Services during the second quarter worth approximately $514,000. Hsbc Holdings PLC acquired a new stake in Lincoln Educational Services during the second quarter worth approximately $1,688,000. PDT Partners LLC purchased a new stake in Lincoln Educational Services in the 2nd quarter worth approximately $255,000. Finally, Canada Pension Plan Investment Board purchased a new stake in Lincoln Educational Services in the 2nd quarter worth approximately $374,000. Institutional investors and hedge funds own 72.23% of the company's stock.

More Lincoln Educational Services News

Here are the key news stories impacting Lincoln Educational Services this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of September 24, suggesting short-selling data is not currently a meaningful explanation for the stock’s weakness. Lincoln Educational Services stock data
• Negative Sentiment: Multiple law firms announced or promoted a securities class action against Lincoln and certain executives on behalf of investors who purchased shares from May 11 through August 9, 2026. The lawsuit alleges violations of federal securities laws and claims that the company gave investors an overly favorable view of its “people and processes” and student outcomes. LINC investor class action deadline
• Negative Sentiment: The central allegation is that Lincoln allegedly failed to disclose that enrolled students were not converting into actual class starts or attendance at expected rates. Investors reportedly reacted after these admissions-related issues became public, with one notice citing a roughly 24% stock decline and a $10.22 per-share drop on August 10. The allegations have not been proven in court. LINC stock drop and admissions allegations
• Negative Sentiment: Investors seeking to serve as lead plaintiff must file by November 10, 2026. The large number of law-firm solicitations increases visibility around potential litigation costs, management distraction and uncertainty over Lincoln’s disclosures and operating outlook. Kaplan Fox LINC investor notice

Lincoln Educational Services Price Performance

Shares of Lincoln Educational Services stock opened at $22.46 on Friday. The business's fifty day moving average price is $30.62 and its 200 day moving average price is $40.02. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $56.34. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $712.45 million, a P/E ratio of 31.19, a PEG ratio of 1.95 and a beta of 0.79.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. The company 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. As a group, research analysts anticipate that Lincoln Educational Services Corporation will post 0.77 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on LINC shares. Rosenblatt Securities reduced their price target on Lincoln Educational Services from $60.00 to $50.00 and set a "buy" rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings downgraded Lincoln Educational Services from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, September 2nd. Lake Street Capital dropped their target price on 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. Finally, Barrington Research set a $50.00 target price on Lincoln Educational Services in a research report on Monday, August 10th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $50.67.

Lincoln Educational Services Company Profile

Lincoln Educational Services Corporation, operating primarily under the Lincoln Tech brand, is a provider of career-oriented postsecondary education in the United States. The company offers hands-on training designed to prepare students for employment in technical and skilled-trade occupations, as well as selected healthcare and business-related fields.

Its programs include automotive technology, diesel and heavy equipment, electrical and electronics, HVAC, welding, manufacturing, healthcare, information technology, and other vocational disciplines.

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