Equities Analysts Set Expectations for Lindsay Q2 Earnings

Lindsay Co. (NYSE:LNN - Free Report) - Equities research analysts at William Blair upped their Q2 2025 earnings per share (EPS) estimates for Lindsay in a research report issued to clients and investors on Wednesday, January 8th. William Blair analyst B. Drab now forecasts that the industrial products company will post earnings per share of $1.89 for the quarter, up from their previous estimate of $1.60. The consensus estimate for Lindsay's current full-year earnings is $5.64 per share. William Blair also issued estimates for Lindsay's Q3 2025 earnings at $1.35 EPS and Q4 2025 earnings at $1.21 EPS.

Lindsay (NYSE:LNN - Get Free Report) last released its earnings results on Tuesday, January 7th. The industrial products company reported $1.57 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.18. Lindsay had a net margin of 10.91% and a return on equity of 12.86%. The company had revenue of $166.30 million during the quarter, compared to analysts' expectations of $169.78 million. During the same period last year, the business earned $1.36 EPS. Lindsay's revenue for the quarter was up 3.0% on a year-over-year basis.

A number of other analysts have also recently commented on LNN. StockNews.com raised Lindsay from a "hold" rating to a "buy" rating in a research report on Tuesday. Stifel Nicolaus lifted their target price on Lindsay from $126.00 to $130.00 and gave the stock a "hold" rating in a report on Wednesday.

Lindsay Stock Performance

Shares of NYSE:LNN traded down $0.34 on Friday, hitting $122.92. 81,209 shares of the company were exchanged, compared to its average volume of 86,118. The firm has a market capitalization of $1.33 billion, a P/E ratio of 20.42 and a beta of 0.66. The company has a current ratio of 3.92, a quick ratio of 2.69 and a debt-to-equity ratio of 0.24. Lindsay has a 1-year low of $109.27 and a 1-year high of $135.20. The stock's 50 day moving average price is $125.69 and its 200 day moving average price is $121.88.

Lindsay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.17%. Lindsay's dividend payout ratio is presently 23.11%.

Institutional Investors Weigh In On Lindsay

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV boosted its stake in shares of Lindsay by 32.7% in the third quarter. KBC Group NV now owns 343,132 shares of the industrial products company's stock worth $42,768,000 after buying an additional 84,560 shares during the last quarter. Deprince Race & Zollo Inc. purchased a new stake in Lindsay in the 2nd quarter worth approximately $6,402,000. Wellington Management Group LLP boosted its position in Lindsay by 35.4% in the 3rd quarter. Wellington Management Group LLP now owns 138,170 shares of the industrial products company's stock worth $17,222,000 after purchasing an additional 36,128 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Lindsay by 46.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 74,950 shares of the industrial products company's stock worth $9,342,000 after purchasing an additional 23,710 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Lindsay by 6.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 341,554 shares of the industrial products company's stock valued at $41,975,000 after purchasing an additional 21,474 shares in the last quarter. 89.94% of the stock is owned by institutional investors and hedge funds.

About Lindsay

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.