Zacks Research Issues Positive Estimate for LECO Earnings

Key Points

• Zacks Research raised Lincoln Electric’s Q3 2027 EPS estimate to $3.02 from $2.97, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $307.22.
• Lincoln Electric recently exceeded quarterly expectations, reporting EPS of $2.93 versus the $2.81 consensus and revenue of $1.22 billion, up 12% year over year.
• The company announced a quarterly dividend of $0.79, equivalent to $3.16 annually and a 1.2% yield; institutional investors own 79.61% of outstanding shares.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Equities research analysts at Zacks Research boosted their Q3 2027 earnings per share (EPS) estimates for shares of Lincoln Electric in a research note issued to investors on Wednesday, September 2nd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $3.02 per share for the quarter, up from their previous forecast of $2.97. The consensus estimate for Lincoln Electric's current full-year earnings is $11.16 per share.

A number of other analysts also recently commented on the stock. UBS Group initiated coverage on shares of Lincoln Electric in a research report on Monday, August 10th. They set a "buy" rating and a $340.00 price target on the stock. Wall Street Zen upgraded shares of Lincoln Electric from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Morgan Stanley upgraded shares of Lincoln Electric from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $257.00 to $283.00 in a research note on Monday, August 10th. Weiss Ratings raised Lincoln Electric from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 10th. Finally, DA Davidson started coverage on Lincoln Electric in a research report on Tuesday, June 16th. They issued a "buy" rating and a $320.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Electric has an average rating of "Moderate Buy" and an average target price of $307.22.

Lincoln Electric Stock Performance

LECO stock opened at $273.83 on Friday. The company has a 50-day simple moving average of $267.57 and a 200 day simple moving average of $265.33. The company has a market capitalization of $14.93 billion, a P/E ratio of 27.36, a PEG ratio of 1.63 and a beta of 1.21. The company has a quick ratio of 1.20, a current ratio of 1.98 and a debt-to-equity ratio of 0.74. Lincoln Electric has a fifty-two week low of $216.22 and a fifty-two week high of $310.00.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last released its quarterly earnings results 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 return on equity of 39.23% and a net margin of 12.35%.The company had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter in the prior year, the business posted $2.60 earnings per share. The company's revenue for the quarter was up 12.0% compared to the same quarter last year.

Institutional Investors Weigh In On Lincoln Electric

Institutional investors and hedge funds have recently modified their holdings of the stock. VELA Investment Management LLC boosted its stake in shares of Lincoln Electric by 0.3% during the 2nd quarter. VELA Investment Management LLC now owns 34,079 shares of the industrial products company's stock worth $9,048,000 after acquiring an additional 111 shares in the last quarter. Corient Private Wealth LP raised its position in shares of Lincoln Electric by 123.0% during the second quarter. Corient Private Wealth LP now owns 19,763 shares of the industrial products company's stock worth $5,251,000 after purchasing an additional 10,900 shares during the period. Amundi raised its position in shares of Lincoln Electric by 36.6% during the second quarter. Amundi now owns 4,748 shares of the industrial products company's stock worth $1,261,000 after purchasing an additional 1,271 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Lincoln Electric during the second quarter valued at $935,000. Finally, California State Teachers Retirement System lifted its holdings in shares of Lincoln Electric by 25,707.7% during the second quarter. California State Teachers Retirement System now owns 16,583,224 shares of the industrial products company's stock valued at $4,403,012,000 after purchasing an additional 16,518,967 shares during the last quarter. Institutional investors and hedge funds own 79.61% of the company's stock.

Insider Buying and Selling

In related news, EVP Michael Whitehead sold 845 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total transaction of $232,214.45. Following the completion of the sale, the executive vice president directly owned 9,319 shares in the company, valued at approximately $2,560,954.39. This trade represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.68% of the stock is currently owned by corporate insiders.

Lincoln Electric Dividend Announcement

The firm 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. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric's payout ratio is presently 31.57%.

Trending Headlines about Lincoln Electric

Here are the key news stories impacting Lincoln Electric this week:

• Positive Sentiment: Higher earnings expectations: Zacks Research raised its EPS forecasts across multiple periods, including Q1 2027 to $2.73 from $2.66, Q2 2027 to $3.27 from $3.24, and Q4 2027 to $3.06 from $3.02. Its FY2027 forecast increased to $12.08 from $11.88, above the current-year consensus of $11.13. Lincoln Electric analyst estimates
• Positive Sentiment: Longer-term growth outlook improved: Zacks lifted its Q1 2028 EPS estimate to $2.95 from $2.88, Q2 2028 to $3.43 from $3.37, and FY2028 to $12.90 from $12.62. The upward revisions suggest expectations for continued earnings expansion at the industrial-products company. Lincoln Electric long-term earnings estimates
• Positive Sentiment: GARP and industry positioning: Zacks identified LECO as a growth-at-a-reasonable-price candidate, citing solid prospects relative to valuation. The company was also included among manufacturing-tools stocks positioned to benefit from increased manufacturing activity, technological progress and strategic acquisitions. GARP stocks article Manufacturing tools stocks article

About Lincoln Electric

Lincoln Electric Holdings, Inc NASDAQ: LECO is a global manufacturer and distributor of welding products, robotic welding systems, plasma and oxyfuel cutting equipment, and surface treatment systems. The company's portfolio encompasses welding consumables such as electrodes and wires, as well as power sources, torches, and automated welding cells. Lincoln Electric also offers software solutions and training services designed to optimize productivity and quality in fabrication and manufacturing operations.

Founded in 1895 by John C.

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