William Blair Has Negative Outlook for Lindsay Q3 Earnings

Lindsay Co. (NYSE:LNN - Free Report) - Analysts at William Blair decreased their Q3 2025 earnings per share (EPS) estimates for shares of Lindsay in a report issued on Thursday, April 3rd. William Blair analyst B. Drab now anticipates that the industrial products company will earn $1.34 per share for the quarter, down from their previous estimate of $1.35. The consensus estimate for Lindsay's current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay's FY2026 earnings at $7.05 EPS.

Lindsay (NYSE:LNN - Get Free Report) last released its earnings results on Thursday, April 3rd. The industrial products company reported $2.44 EPS for the quarter, beating the consensus estimate of $1.89 by $0.55. The firm had revenue of $187.10 million for the quarter, compared to analyst estimates of $174.50 million. Lindsay had a net margin of 11.18% and a return on equity of 13.17%. The business's quarterly revenue was up 23.5% compared to the same quarter last year. During the same period last year, the firm earned $1.64 EPS.

Several other equities research analysts have also recently weighed in on LNN. StockNews.com upgraded Lindsay from a "hold" rating to a "buy" rating in a research note on Friday. Stifel Nicolaus upped their price objective on Lindsay from $130.00 to $134.00 and gave the stock a "hold" rating in a research report on Friday, April 4th.

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Lindsay Price Performance

Shares of NYSE LNN traded up $3.81 during trading hours on Monday, hitting $127.30. 69,693 shares of the stock were exchanged, compared to its average volume of 86,689. The company's fifty day simple moving average is $129.27 and its two-hundred day simple moving average is $126.89. The company has a market cap of $1.38 billion, a PE ratio of 20.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.65 and a current ratio of 3.87. Lindsay has a 1-year low of $109.27 and a 1-year high of $140.27.

Lindsay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, May 16th. Lindsay's dividend payout ratio (DPR) is presently 20.48%.

Hedge Funds Weigh In On Lindsay

Several institutional investors and hedge funds have recently added to or reduced their stakes in LNN. AlphaQuest LLC bought a new stake in shares of Lindsay during the fourth quarter worth $32,000. GAMMA Investing LLC boosted its holdings in shares of Lindsay by 90.3% during the 4th quarter. GAMMA Investing LLC now owns 276 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 131 shares in the last quarter. Global Retirement Partners LLC grew its position in Lindsay by 10.3% during the 4th quarter. Global Retirement Partners LLC now owns 925 shares of the industrial products company's stock worth $109,000 after acquiring an additional 86 shares during the last quarter. Van ECK Associates Corp increased its holdings in Lindsay by 73.1% in the 4th quarter. Van ECK Associates Corp now owns 1,475 shares of the industrial products company's stock worth $175,000 after purchasing an additional 623 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Lindsay by 729.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,709 shares of the industrial products company's stock valued at $202,000 after purchasing an additional 1,503 shares during the last quarter. Institutional investors own 89.94% of the company's stock.

Lindsay Company Profile

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.