Bank of New York Mellon Corp Takes Position in Lincoln Educational Services Corporation $LINC

Bank of New York Mellon Corp purchased a new position in Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 92,449 shares of the company's stock, valued at approximately $4,613,000. Bank of New York Mellon Corp owned about 0.29% of Lincoln Educational Services at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Next Century Growth Investors LLC raised its holdings in shares of Lincoln Educational Services by 4.1% during the 4th quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company's stock worth $19,109,000 after acquiring an additional 31,370 shares during the period. North Star Investment Management Corp. grew its position in Lincoln Educational Services by 17.4% in the 1st quarter. North Star Investment Management Corp. now owns 168,275 shares of the company's stock valued at $6,845,000 after acquiring an additional 25,000 shares in the last quarter. Manatuck Hill Partners LLC increased its stake in Lincoln Educational Services by 63.2% during the 4th quarter. Manatuck Hill Partners LLC now owns 180,675 shares of the company's stock worth $4,363,000 after buying an additional 70,000 shares during the period. MYDA Advisors LLC acquired a new position in Lincoln Educational Services during the 4th quarter worth $1,452,000. Finally, Hanseatic Management Services Inc. acquired a new position in shares of Lincoln Educational Services during the first quarter worth about $972,000. Institutional investors and hedge funds own 72.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on LINC. Northland Securities set a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Lake Street Capital decreased their price target on Lincoln Educational Services from $55.00 to $50.00 and set a "buy" rating for the company in a report on Tuesday, August 11th. Weiss Ratings downgraded Lincoln Educational Services from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday. B. Riley Financial upped their target price on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a "buy" rating in a research report on Tuesday, May 12th. Finally, Barrington Research set a $50.00 price objective on Lincoln Educational Services in a research note on Monday, August 10th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Lincoln Educational Services has an average rating of "Moderate Buy" and an average price target of $50.67.

Lincoln Educational Services Price Performance

Lincoln Educational Services stock opened at $25.64 on Friday. The firm has a market capitalization of $813.30 million, a P/E ratio of 35.61, a PEG ratio of 2.21 and a beta of 0.79. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. Lincoln Educational Services Corporation has a 52-week low of $17.29 and a 52-week high of $56.34. The firm has a fifty day moving average of $38.58 and a 200-day moving average of $40.97.

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. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. The company had revenue of $142.56 million during the quarter, compared to the consensus estimate of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, analysts predict that Lincoln Educational Services Corporation will post 0.77 EPS for the current year.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, Director Kevin Carney sold 3,000 shares of the stock in a transaction 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 transaction, the director directly owned 25,039 shares in the company, valued at $1,201,872. This represents a 10.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Alexandra Luster sold 18,007 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $44.64, for a total value of $803,832.48. Following the transaction, the senior vice president directly owned 82,356 shares in the company, valued at approximately $3,676,371.84. This represents a 17.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 12.80% of the company's stock.

About Lincoln Educational Services

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.

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