Lincoln National Corporation (LNC) Secures $825M Investment from Bain Capital
Lincoln National Corporation (NYSE:LNC), a leading U.S. provider of insurance and retirement solutions, is advancing its strategy in 2025 through a major partnership with Bain Capital. In April, Bain Capital acquired a 9.9% stake in the business for $825 million, marking a significant move toward optimizing Lincoln National Corporation (NYSE:LNC)'s investment and growth strategies.
As part of the deal, Bain Capital will manage assets across private credit, structured assets, mortgage loans, and private equity for the corporation over 10 years. This collaboration supports the company's goal of accessing high-quality private assets with attractive, risk-adjusted returns, enhancing its multi-manager platform, and driving growth in spread-based earnings.
To fund this partnership, Lincoln National Corporation (NYSE:LNC) will sell approximately 18.8 million shares at $44 each, a 25% premium over the prior 30-day average, offering the company greater financial flexibility to invest in innovation, reduce leverage, and pursue strategic goals.
15 States with the Cheapest Home Insurance in the US
CEO Ellen Cooper called the partnership a 'pivotal milestone,' highlighting the alignment of values and long-term vision between the firms. This move also reflects a broader industry shift, as insurers increasingly turn to alternative asset classes to improve yield and manage risk in a challenging interest rate environment.
While we acknowledge the potential of LNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Fairholme Fund's Strategic Moves: The St. Joe Co Sees a -2.08% Portfolio Impact
Bruce Berkowitz (Trades, Portfolio)'s Investment Philosophy and Recent Portfolio Adjustments Warning! GuruFocus has detected 5 Warning Signs with JOE. Fairholme Fund (Trades, Portfolio) recently submitted its N-PORT filing for the second quarter of 2025, shedding light on its strategic investment decisions. Managed by Bruce Berkowitz (Trades, Portfolio), the fund has a remarkable history, achieving a 253% gain in its first decade since inception in 1999, while the S&P 500 experienced losses. This portfolio is distinct from the broader portfolio under Berkowitz's name, which encompasses various accounts and funds he manages. Known for his concentrated investment approach, Berkowitz seeks companies with strong management and cash flow, adhering to his motto: "Ignore the Crowd." Key Position Increases Fairholme Fund (Trades, Portfolio) also increased stakes in a total of one stock, notably: The most notable increase was in Bank OZK (NASDAQ:OZK), with an additional 229,300 shares, bringing the total to 244,200 shares. This adjustment represents a significant 1,538.93% increase in share count, a 1.15% impact on the current portfolio, and a total value of $10,825,390. Key Position Reduces Fairholme Fund (Trades, Portfolio) also reduced positions in three stocks. The most significant changes include: Reduced The St. Joe Co (NYSE:JOE) by 410,600 shares, resulting in a -2.37% decrease in shares and a -2.08% impact on the portfolio. The stock traded at an average price of $44.57 during the quarter and has returned 21.56% over the past three months and 14.84% year-to-date. Reduced Energy Transfer LP (NYSE:ET) by 80,000 shares, resulting in a -32.44% reduction in shares and a -0.16% impact on the portfolio. The stock traded at an average price of $17.62 during the quarter and has returned 11.23% over the past three months and -4.57% year-to-date. Portfolio Overview As of the second quarter of 2025, Fairholme Fund (Trades, Portfolio)'s portfolio included six stocks. The top holdings were concentrated as follows: 85.7% in The St. Joe Co (NYSE:JOE), 10.3% in Enterprise Products Partners LP (NYSE:EPD), 2.09% in Imperial Metals Corp (TSX:III), 1.22% in Bank OZK (NASDAQ:OZK), and 0.36% in Federal National Mortgage Association Fannie Mae (FNMA). The holdings are primarily concentrated in four of the eleven industries: Real Estate, Energy, Basic Materials, and Financial Services. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25 minutes ago
- Yahoo
Catherine Wood's Strategic Moves: Circle Internet Group Inc. Takes Center Stage
Exploring the Latest 13F Filing and Investment Strategies Catherine Wood (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into her investment moves during this period. With over 40 years of experience, Cathie Wood founded ARK in 2014 to focus solely on disruptive innovation while adding new dimensions to research. Through an open approach that spans across sectors, market capitalizations, and geographies, she believes ARK can identify large-scale investment opportunities in the public markets resulting from technological innovations centered around DNA sequencing, robotics, artificial intelligence, energy storage, and blockchain technology. As chief investment officer and portfolio manager, Wood spearheaded the development of ARKs philosophy and investment approach and is ultimately responsible for investment decisions. Recognizing that disruptive innovation causes rapid cost declines, cuts across sectors, and spawns further innovation, ARK uses an iterative investment process that combines top-down and bottom-up research. The firm strives to identify innovation early in order to capitalize on the opportunity, providing long-term value to investors. Warning! GuruFocus has detected 5 Warning Sign with META. Summary of New Buy Catherine Wood (Trades, Portfolio) added a total of 7 stocks, among them: The most significant addition was Circle Internet Group Inc (NYSE:CRCL), with 2,924,403 shares, accounting for 3.89% of the portfolio and a total value of $530,165,020. The second largest addition to the portfolio was DoorDash Inc (NASDAQ:DASH), consisting of 178,522 shares, representing approximately 0.32% of the portfolio, with a total value of $44,007,460. The third largest addition was Etoro Group Ltd (NASDAQ:ETOR), with 248,032 shares, accounting for 0.12% of the portfolio and a total value of $16,516,450. Key Position Increases Catherine Wood (Trades, Portfolio) also increased stakes in a total of 80 stocks, among them: The most notable increase was Advanced Micro Devices Inc (NASDAQ:AMD), with an additional 1,285,634 shares, bringing the total to 2,708,105 shares. This adjustment represents a significant 90.38% increase in share count, a 1.34% impact on the current portfolio, with a total value of $384,280,120. The second largest increase was ARK 21Shares Bitcoin ETF Beneficial Interest (ARKB), with an additional 3,752,535 shares, bringing the total to 6,622,008. This adjustment represents a significant 130.77% increase in share count, with a total value of $237,001,670. Summary of Sold Out Catherine Wood (Trades, Portfolio) completely exited 13 of the holdings in the second quarter of 2025, as detailed below: UiPath Inc (NYSE:PATH): Catherine Wood (Trades, Portfolio) sold all 8,319,250 shares, resulting in a -0.86% impact on the portfolio. AvidXchange Holdings Inc (NASDAQ:AVDX): Catherine Wood (Trades, Portfolio) liquidated all 943,393 shares, causing a -0.08% impact on the portfolio. Key Position Reduces Catherine Wood (Trades, Portfolio) also reduced positions in 101 stocks. The most significant changes include: Reduced Palantir Technologies Inc (NASDAQ:PLTR) by 2,208,913 shares, resulting in a -35.14% decrease in shares and a -1.87% impact on the portfolio. The stock traded at an average price of $116.76 during the quarter and has returned 33.92% over the past 3 months and 109.72% year-to-date. Reduced Roblox Corp (NYSE:RBLX) by 2,302,680 shares, resulting in a -25.38% reduction in shares and a -1.34% impact on the portfolio. The stock traded at an average price of $78.23 during the quarter and has returned 86.34% over the past 3 months and 115.94% year-to-date. Portfolio Overview At the second quarter of 2025, Catherine Wood (Trades, Portfolio)'s portfolio included 190 stocks, with top holdings including 7.17% in Tesla Inc (NASDAQ:TSLA), 6.74% in Coinbase Global Inc (NASDAQ:COIN), 5.45% in Roku Inc (NASDAQ:ROKU), 5.34% in Robinhood Markets Inc (NASDAQ:HOOD), and 5.22% in Roblox Corp (NYSE:RBLX). The holdings are mainly concentrated in 9 of all the 11 industries: Technology, Healthcare, Financial Services, Communication Services, Consumer Cyclical, Industrials, Energy, Utilities, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Yahoo
25 minutes ago
- Yahoo
PM Carney says trade talks with U.S. may not end by Aug. 1 deadline
WASHINGTON — Prime Minister Mark Carney said on Wednesday that Canada's negotiations with the United States might not conclude by Donald Trump's Aug. 1 deadline as the president added new trade measures that could further hinder some Canadian businesses. Carney said talks have been complex, comprehensive and constructive. He also said they are ongoing and cover "a broad variety of topics." "There are many areas for co-operation between Canada and the United States, including defence spending, security spending, investments, which is one of the reasons why we're having these broader discussions," Carney said at a news conference in Ottawa. Trump sent a letter to Carney threatening to impose 35 per cent tariffs if Canada doesn't make a trade deal by Friday. The White House has said those duties would not apply to goods compliant with the Canada-U.S.-Mexico Agreement on trade, better known as CUSMA. The Canadian economy is also being slammed by Trump's Section 232 tariffs on steel, aluminum and automobiles. Trump on Wednesday signed executive orders for 50 per cent tariffs on semi-finished copper products starting Friday. The president, however, didn't include imports of the refined metal in his order, leaving many in the Canadian copper industry feeling relieved. In a separate order, Trump suspended de minimis exemptions — which had allowed packages worth $800 or less to ship to the United States to avoid tariffs. As part of his reasoning for the change, Trump cited the flow of fentanyl into the United States. Canadian Federation of Independent Business President and CEO Dan Kelly said suspending the de minimis exemption "is bad news for many Canadian small businesses." The federation's data shows about one-third of small Canadian exporters used the exemption to ship to U.S. consumers duty free, Kelly said in a post on social media. Pascal Chan, the vice president of strategic policy and supply chains at the Canadian Chamber of Commerce, said it adds "another layer of uncertainty for Canadian businesses exporting to the U.S.," particularly small- and medium-sized businesses. "Any increase in compliance costs and delivery delays will only serve to compound the pressure on the cross-border supply chains that have long fuelled our shared economic prosperity," Chan said in a statement. The latest trade changes comes as countries around the world are set to face staggering tariffs when Trump's deadline to make deals passes. Trump announced a deal with South Korea Wednesday which will see the country slapped with a 15 per cent tariff. The president said South Korea "will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President. In apost on social media Trump said South Korea will also "purchase $100 Billion Dollars of LNG, or other Energy products." In a separate post the president also said he "concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves" but Trump didn't provide details of a tariff rate. Frameworks of deals have previously been announced for the European Union, Japan, Vietnam, Indonesia, the Philippines and the United Kingdom — with all nations facing some level of baseline tariff. Not all the details of the deals are clear but Trump has said countries can "buy down" the tariff rate and most agreements have come with announcements of billion-dollar investments. Trump on Wednesday also escalated his threats against Brazil — which will be hit a 50 per cent duty — and India — which will face a 25 per cent tariff, plus an additional import tax because of India purchases Russian oil. Trump has been dismissive of conversations with Canada, saying it is not a priority for his administration. The president said Wednesday that America's northern neighbour is a high-tariff nation, misrepresenting Canadian duties for agriculture imports. "They've been charging our farmers 200 per cent, 300 per cent, 400 per cent for years and nobody did anything about it," Trump told reporters. Carney met virtually with his cabinet earlier Wednesday for a meeting focused largely on the situation in the Middle East. Carney said Canada is seeking the best deal for Canadians and that negotiations will continue until that is achieved. He said Dominic LeBlanc, the minister responsible for Canada-U.S. trade, will remain in Washington with senior officials "in pursuit of that goal." — With files from Catherine Morrison This report by The Canadian Press was first published July 30, 2025. Kelly Geraldine Malone, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
