
Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) – Equities research analysts at Zacks Research lowered their Q3 2027 EPS estimates for Lincoln Electric in a research report issued to clients and investors on Thursday, August 13th. Zacks Research analyst Team now expects that the industrial products company will earn $2.97 per share for the quarter, down from their previous estimate of $3.00. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.11 per share. Zacks Research also issued estimates for Lincoln Electric’s Q1 2028 earnings at $2.88 EPS.
Several other equities research analysts also recently weighed in on LECO. Stifel Nicolaus set a $275.00 price target on Lincoln Electric in a report on Friday, May 1st. Barclays boosted their price objective on shares of Lincoln Electric from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. DA Davidson began coverage on shares of Lincoln Electric in a research report on Tuesday, June 16th. They set a “buy” rating and a $320.00 price objective for the company. Weiss Ratings upgraded shares of Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 10th. Finally, Wall Street Zen upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $307.22.
Lincoln Electric Trading Down 1.4%
Shares of LECO stock opened at $281.97 on Monday. The business’s 50 day moving average is $264.68 and its two-hundred day moving average is $265.69. Lincoln Electric has a twelve month low of $216.22 and a twelve month high of $310.00. The company has a market capitalization of $15.37 billion, a P/E ratio of 28.17, a price-to-earnings-growth ratio of 1.72 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74.
Lincoln Electric (NASDAQ:LECO – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.12. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the firm posted $2.60 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis.
Lincoln Electric Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.79 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.16 dividend on an annualized basis and a yield of 1.1%. Lincoln Electric’s dividend payout ratio (DPR) is 31.57%.
Insider Buying and Selling
In other Lincoln Electric news, EVP Michael J. Whitehead sold 845 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total transaction of $232,214.45. Following the sale, the executive vice president directly owned 9,319 shares in the company, valued at approximately $2,560,954.39. The trade was a 8.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.68% of the company’s stock.
Institutional Trading of Lincoln Electric
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Transamerica Financial Advisors LLC acquired a new position in Lincoln Electric during the second quarter worth about $26,000. Elyxium Wealth LLC purchased a new position in Lincoln Electric in the fourth quarter valued at about $27,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Lincoln Electric during the 2nd quarter valued at approximately $29,000. Fiduciary Financial Advisors acquired a new stake in shares of Lincoln Electric during the 2nd quarter valued at approximately $38,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Lincoln Electric during the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 79.61% of the company’s stock.
Lincoln Electric Company Profile
Lincoln Electric Holdings, Inc (NASDAQ: LECO) is a global manufacturer and distributor of welding products, robotic welding systems, plasma and oxyfuel cutting equipment, and surface treatment systems. The company’s portfolio encompasses welding consumables such as electrodes and wires, as well as power sources, torches, and automated welding cells. Lincoln Electric also offers software solutions and training services designed to optimize productivity and quality in fabrication and manufacturing operations.
Founded in 1895 by John C.
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