Zacks Research Issues Optimistic Estimate for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Lincoln Electric in a note issued to investors on Monday, December 16th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $2.33 for the quarter, up from their previous forecast of $2.31. The consensus estimate for Lincoln Electric's current full-year earnings is $8.75 per share.

LECO has been the topic of a number of other reports. Robert W. Baird decreased their target price on Lincoln Electric from $220.00 to $212.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 4th. KeyCorp boosted their price objective on Lincoln Electric from $210.00 to $230.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. StockNews.com raised Lincoln Electric from a "hold" rating to a "buy" rating in a research report on Wednesday, December 4th. Finally, Stifel Nicolaus boosted their price target on shares of Lincoln Electric from $195.00 to $216.00 and gave the company a "hold" rating in a report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $225.17.

Lincoln Electric Stock Performance

NASDAQ LECO traded down $7.57 during midday trading on Wednesday, hitting $191.58. The company had a trading volume of 288,250 shares, compared to its average volume of 313,741. The firm has a fifty day simple moving average of $205.01 and a two-hundred day simple moving average of $195.80. Lincoln Electric has a fifty-two week low of $169.51 and a fifty-two week high of $261.13. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.86. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 1.59 and a beta of 1.16.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The industrial products company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.09. The company had revenue of $983.76 million during the quarter, compared to analysts' expectations of $988.07 million. Lincoln Electric had a return on equity of 40.03% and a net margin of 11.93%. Lincoln Electric's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.40 earnings per share.

Hedge Funds Weigh In On Lincoln Electric

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EdgePoint Investment Group Inc. boosted its holdings in shares of Lincoln Electric by 48.0% in the 2nd quarter. EdgePoint Investment Group Inc. now owns 2,747,083 shares of the industrial products company's stock worth $518,210,000 after acquiring an additional 891,111 shares in the last quarter. State Street Corp boosted its stake in Lincoln Electric by 12.9% in the third quarter. State Street Corp now owns 2,462,232 shares of the industrial products company's stock worth $474,527,000 after purchasing an additional 280,466 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Lincoln Electric by 5.4% during the third quarter. Geode Capital Management LLC now owns 1,204,549 shares of the industrial products company's stock worth $231,345,000 after purchasing an additional 61,640 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Lincoln Electric by 81.9% in the third quarter. Victory Capital Management Inc. now owns 1,097,965 shares of the industrial products company's stock valued at $210,831,000 after buying an additional 494,464 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Lincoln Electric by 7.8% in the second quarter. Dimensional Fund Advisors LP now owns 525,647 shares of the industrial products company's stock valued at $99,155,000 after buying an additional 38,206 shares during the last quarter. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Tuesday, December 31st. This is an increase from Lincoln Electric's previous quarterly dividend of $0.71. Lincoln Electric's payout ratio is currently 35.80%.

About Lincoln Electric

Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States.