Zacks Research Has Optimistic Outlook of LECO Q1 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Investment analysts at Zacks Research increased their Q1 2025 earnings estimates for shares of Lincoln Electric in a report released on Friday, April 25th. Zacks Research analyst M. Das now expects that the industrial products company will earn $2.21 per share for the quarter, up from their prior forecast of $2.20. The consensus estimate for Lincoln Electric's current full-year earnings is $9.36 per share.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.54. Lincoln Electric had a return on equity of 40.19% and a net margin of 11.63%. The firm had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $995.94 million.

A number of other equities research analysts have also recently issued reports on LECO. Stifel Nicolaus decreased their price objective on shares of Lincoln Electric from $220.00 to $178.00 and set a "hold" rating for the company in a report on Monday, April 14th. Barclays raised their price objective on Lincoln Electric from $220.00 to $235.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. StockNews.com raised Lincoln Electric from a "hold" rating to a "buy" rating in a research report on Friday. Morgan Stanley dropped their price target on shares of Lincoln Electric from $187.00 to $179.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 16th. Finally, KeyCorp upped their price objective on shares of Lincoln Electric from $230.00 to $245.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $219.00.

Lincoln Electric Stock Down 0.1 %

LECO traded down $0.21 during midday trading on Monday, hitting $184.00. 574,556 shares of the company's stock traded hands, compared to its average volume of 327,467. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.87 and a quick ratio of 1.25. The company has a market cap of $10.31 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 1.51 and a beta of 1.18. The stock's fifty day simple moving average is $188.99 and its 200-day simple moving average is $196.35. Lincoln Electric has a one year low of $161.11 and a one year high of $238.47.

Institutional Trading of Lincoln Electric

A number of large investors have recently bought and sold shares of LECO. World Investment Advisors LLC bought a new stake in shares of Lincoln Electric in the 3rd quarter worth about $499,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Lincoln Electric during the third quarter worth approximately $121,000. Retirement Systems of Alabama boosted its position in Lincoln Electric by 0.6% in the 3rd quarter. Retirement Systems of Alabama now owns 129,959 shares of the industrial products company's stock valued at $24,955,000 after buying an additional 836 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in Lincoln Electric by 2.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 4,352 shares of the industrial products company's stock valued at $833,000 after acquiring an additional 121 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Lincoln Electric by 12.7% during the 4th quarter. GAMMA Investing LLC now owns 1,312 shares of the industrial products company's stock worth $246,000 after buying an additional 148 shares during the period. 79.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Lincoln Electric news, CEO Steven B. Hedlund sold 21,054 shares of Lincoln Electric stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $215.47, for a total transaction of $4,536,505.38. Following the sale, the chief executive officer now directly owns 54,660 shares of the company's stock, valued at approximately $11,777,590.20. The trade was a 27.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.63% of the stock is owned by company insiders.

Lincoln Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Monday, June 30th. Lincoln Electric's payout ratio is presently 36.81%.

Lincoln Electric Company Profile

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.