Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Lincoln Educational Services Corporation $LINC

Connor Clark & Lunn Investment Management Ltd. bought a new position in Lincoln Educational Services Corporation (NASDAQ:LINC) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 198,992 shares of the company’s stock, valued at approximately $9,930,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.63% of Lincoln Educational Services at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Global Retirement Partners LLC purchased a new position in Lincoln Educational Services in the 2nd quarter worth approximately $32,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Lincoln Educational Services during the second quarter valued at about $40,000. Royal Bank of Canada increased its stake in Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after purchasing an additional 1,093 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Lincoln Educational Services by 383.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock worth $99,000 after buying an additional 1,932 shares during the period. Finally, Strs Ohio purchased a new position in shares of Lincoln Educational Services in the first quarter valued at about $48,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Price Performance

Shares of NASDAQ:LINC opened at $25.61 on Thursday. The firm’s 50 day moving average price is $41.86 and its 200-day moving average price is $41.16. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $56.34. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $812.37 million, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.17 and a beta of 0.83.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results 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 analyst estimates of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Analysts Set New Price Targets

LINC has been the topic of a number of research reports. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Barrington Research set a $50.00 target price on Lincoln Educational Services in a research report on Monday, August 10th. Rosenblatt Securities decreased their price target 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 decreased 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. Finally, Weiss Ratings lowered shares of Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.67.

Insiders Place Their Bets

In other news, Director Kevin M. Carney sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $48.00, for a total value of $144,000.00. Following the transaction, the director owned 25,039 shares of the company’s stock, valued at $1,201,872. This trade represents a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alexandra M. Luster sold 18,007 shares of Lincoln Educational Services stock in a transaction dated Monday, June 15th. The shares were 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. The trade was a 17.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 23,000 shares of company stock worth $1,047,702. 12.80% of the stock is owned by insiders.

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.