Zacks Research Issues Optimistic Estimate for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Equities researchers at Zacks Research upped their Q3 2026 EPS estimates for Lincoln Electric in a research note issued on Thursday, October 1st. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.80 per share for the quarter, up from their previous estimate of $2.71. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.18 per share. Zacks Research also issued estimates for Lincoln Electric’s Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $11.14 EPS, Q1 2027 earnings at $2.84 EPS, Q2 2027 earnings at $3.30 EPS, Q3 2027 earnings at $3.10 EPS, Q4 2027 earnings at $3.14 EPS, FY2027 earnings at $12.38 EPS, Q1 2028 earnings at $3.10 EPS, Q2 2028 earnings at $3.59 EPS, Q3 2028 earnings at $3.35 EPS and FY2028 earnings at $13.45 EPS.

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

Other equities research analysts have also issued reports about the stock. DA Davidson began coverage on shares of Lincoln Electric in a research note on Tuesday, June 16th. They set a “buy” rating and a $320.00 target price for the company. UBS Group began coverage on shares of Lincoln Electric in a research note on Monday, August 10th. They set a “buy” rating and a $340.00 target price on the stock. Weiss Ratings downgraded Lincoln Electric from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, September 21st. Morgan Stanley upgraded shares of Lincoln Electric from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $257.00 to $283.00 in a report on Monday, August 10th. Finally, Wall Street Zen raised Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Sunday, September 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lincoln Electric currently has an average rating of “Moderate Buy” and an average price target of $307.22.

Lincoln Electric Price Performance

NASDAQ LECO opened at $274.38 on Friday. The stock has a 50-day moving average of $271.68 and a 200 day moving average of $263.33. Lincoln Electric has a one year low of $216.22 and a one year high of $310.00. The company has a market capitalization of $14.96 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 1.64 and a beta of 1.21. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s dividend payout ratio (DPR) is 31.57%.

Institutional Trading of Lincoln Electric

A number of large investors have recently modified their holdings of LECO. BlackRock Inc. purchased a new stake in shares of Lincoln Electric in the 2nd quarter worth $1,431,181,000. Diamant Asset Management Inc. boosted its holdings in shares of Lincoln Electric by 24,685.8% in the 1st quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company’s stock valued at $956,360,000 after buying an additional 3,824,077 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in Lincoln Electric by 72.1% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 800,524 shares of the industrial products company’s stock worth $199,395,000 after purchasing an additional 335,470 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Lincoln Electric in the 2nd quarter worth $134,577,000. Finally, Bank of New York Mellon Corp acquired a new stake in Lincoln Electric in the second quarter worth about $108,330,000. Hedge funds and other institutional investors own 79.61% of the company’s stock.

Key Headlines Impacting Lincoln Electric

Here are the key news stories impacting Lincoln Electric this week:

• Positive Sentiment: Zacks raised estimates across multiple periods. Forecasts increased for Q3 2026 EPS to $2.80 from $2.71, Q4 2026 to $2.91 from $2.81, and fiscal 2026 to $11.14 from $10.95. Estimates also rose for fiscal 2027 to $12.38 from $12.08 and fiscal 2028 to $13.45 from $12.90. Several quarterly forecasts through 2028 were raised as well, indicating stronger expected earnings momentum for the industrial-products company.
• Positive Sentiment: The revisions reinforce Lincoln Electric’s longer-term growth outlook. Zacks now projects EPS of $13.45 in fiscal 2028, up from $12.90 previously. Although the revised fiscal 2026 estimate of $11.14 is slightly below the broader $11.16 consensus, the direction of revisions is favorable and may help explain the stock’s stronger trading performance.
• Neutral Sentiment: Two articles provide comparative analyses of Lincoln Electric and its competitors, but the supplied reports do not disclose specific rankings, recommendations, or financial findings that would materially change the investment case. Analyzing Lincoln Electric and Its Competitors Head-To-Head Survey: Lincoln Electric and Its Competitors

Lincoln Electric Company Profile

Lincoln Electric Holdings, Inc is a Cleveland, Ohio-based manufacturer of welding, cutting and industrial automation products. The company serves manufacturers, fabricators, construction companies, maintenance and repair operations, utilities, and other industrial customers.

Its product portfolio includes arc-welding equipment, welding consumables such as electrodes and welding wire, plasma-cutting systems, welding accessories, and related safety products. Lincoln Electric also provides automated and robotic welding systems, engineered solutions, training, and technical support.