Zacks Research Issues Optimistic Outlook for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Equities research analysts at Zacks Research boosted their Q1 2027 earnings estimates for Lincoln Electric in a research report issued on Wednesday, September 2nd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.73 for the quarter, up from their previous estimate of $2.66. The consensus estimate for Lincoln Electric's current full-year earnings is $11.16 per share. Zacks Research also issued estimates for Lincoln Electric's Q2 2027 earnings at $3.27 EPS, Q4 2027 earnings at $3.06 EPS, FY2027 earnings at $12.08 EPS, Q1 2028 earnings at $2.95 EPS, Q2 2028 earnings at $3.43 EPS and FY2028 earnings at $12.90 EPS.

LECO has been the subject of several other research reports. UBS Group initiated 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 for the company. Weiss Ratings raised shares of Lincoln Electric from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 10th. Morgan Stanley raised shares of Lincoln Electric from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $257.00 to $283.00 in a research note on Monday, August 10th. DA Davidson initiated 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. Finally, Wall Street Zen raised shares of Lincoln Electric from a "hold" rating to a "buy" rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Lincoln Electric currently has an average rating of "Moderate Buy" and a consensus target price of $307.22.

Lincoln Electric Trading Up 0.9%

Lincoln Electric stock traded up $2.38 during midday trading on Thursday, hitting $259.58. 124,872 shares of the stock were exchanged, compared to its average volume of 387,812. Lincoln Electric has a fifty-two week low of $216.22 and a fifty-two week high of $310.00. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 1.54 and a beta of 1.21. The stock's 50-day simple moving average is $268.47 and its 200 day simple moving average is $263.38. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same period last year, the business earned $2.60 earnings per share. Lincoln Electric's revenue was up 12.0% compared to the same quarter last year.

Lincoln Electric Dividend Announcement

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

Institutional Trading of Lincoln Electric

Hedge funds have recently added to or reduced their stakes in the company. Earned Wealth Advisors LLC raised its holdings in Lincoln Electric by 3.8% during the first quarter. Earned Wealth Advisors LLC now owns 1,177 shares of the industrial products company's stock worth $293,000 after purchasing an additional 43 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Lincoln Electric by 1.2% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 4,361 shares of the industrial products company's stock worth $1,045,000 after purchasing an additional 52 shares in the last quarter. Parallel Advisors LLC raised its holdings in Lincoln Electric by 9.4% during the first quarter. Parallel Advisors LLC now owns 606 shares of the industrial products company's stock worth $151,000 after purchasing an additional 52 shares in the last quarter. Jackson Thornton Wealth Management LLC raised its holdings in Lincoln Electric by 4.6% during the first quarter. Jackson Thornton Wealth Management LLC now owns 1,241 shares of the industrial products company's stock worth $318,000 after purchasing an additional 55 shares in the last quarter. Finally, Versor Investments LP raised its holdings in Lincoln Electric by 4.2% during the fourth quarter. Versor Investments LP now owns 1,563 shares of the industrial products company's stock worth $375,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 79.61% of the company's stock.

About Lincoln Electric

Lincoln Electric Holdings, Inc NASDAQ: LECO is a Cleveland, Ohio-based manufacturer of welding, cutting and automation products. Founded in 1895 by John C. Lincoln, the company serves industrial, construction, energy, transportation and other end markets that use fabrication and joining technologies.

Its product portfolio includes arc-welding machines, welding consumables such as electrodes and wire, plasma and oxyfuel cutting equipment, robotic welding systems, and related automation solutions.