Zacks Research Analysts Decrease Earnings Estimates for LECO

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Analysts at Zacks Research lowered their Q3 2027 earnings estimates for Lincoln Electric in a note issued to investors on Thursday, August 13th. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.97 per share for the quarter, down from their prior forecast 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 analysts have also issued reports on LECO. UBS Group began coverage on shares of Lincoln Electric in a report on Monday, August 10th. They set a “buy” rating and a $340.00 price objective on the stock. Barclays increased their target price on Lincoln Electric from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Morgan Stanley raised Lincoln Electric from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $257.00 to $283.00 in a research report on Monday, August 10th. DA Davidson assumed coverage on Lincoln Electric in a research report on Tuesday, June 16th. They set a “buy” rating and a $320.00 price objective on the stock. Finally, Wall Street Zen upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Lincoln Electric currently has a consensus rating of “Moderate Buy” and an average price target of $307.22.

Lincoln Electric Price Performance

Shares of LECO opened at $286.02 on Monday. The company has a 50 day moving average price of $264.35 and a 200-day moving average price of $265.52. Lincoln Electric has a fifty-two week low of $216.22 and a fifty-two week high of $310.00. The stock has a market capitalization of $15.59 billion, a PE ratio of 28.57, a PEG ratio of 1.72 and a beta of 1.20. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.20 and a current ratio of 1.98.

Lincoln Electric (NASDAQ:LECO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.12. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.60 EPS.

Hedge Funds Weigh In On Lincoln Electric

Several hedge funds have recently made changes to their positions in the company. Transamerica Financial Advisors LLC acquired a new stake in Lincoln Electric during the 2nd quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in shares of Lincoln Electric in the fourth quarter valued at about $27,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Lincoln Electric in the second quarter valued at about $29,000. Fiduciary Financial Advisors purchased a new position in shares of Lincoln Electric in the second quarter worth about $38,000. Finally, Ancora Advisors LLC purchased a new position in shares of Lincoln Electric in the second quarter worth about $38,000. 79.61% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lincoln Electric

In other Lincoln Electric news, EVP Michael J. Whitehead sold 845 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total value of $232,214.45. Following the completion of the transaction, the executive vice president owned 9,319 shares of the company’s stock, valued at approximately $2,560,954.39. This trade represents a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.68% of the company’s stock.

Lincoln Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.79 per share. The ex-dividend date 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 is presently 31.57%.

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.