65,284 Shares in Lincoln Electric Holdings, Inc. $LECO Purchased by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP acquired 65,284 shares of Lincoln Electric valued at approximately $2.31 million, while institutional investors collectively owned 79.61% of the company.
• Analyst sentiment improved, with UBS initiating coverage at “buy,” Morgan Stanley upgrading to “equal weight,” and the consensus rating standing at “Moderate Buy” with an average price target of $307.22.
• Lincoln Electric exceeded quarterly expectations, reporting $2.93 in EPS and $1.22 billion in revenue, while revenue grew 12% year over year; the company also announced a quarterly dividend of $0.79 per share.

GSA Capital Partners LLP bought a new stake in shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 65,284 shares of the industrial products company's stock, valued at approximately $2,308,000. GSA Capital Partners LLP owned 0.12% of Lincoln Electric at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Earned Wealth Advisors LLC grew its holdings in Lincoln Electric by 3.8% during the 1st quarter. Earned Wealth Advisors LLC now owns 1,177 shares of the industrial products company's stock valued at $293,000 after buying an additional 43 shares in the last quarter. Hilltop Holdings Inc. raised its position in shares of Lincoln Electric by 2.5% during the fourth quarter. Hilltop Holdings Inc. now owns 1,832 shares of the industrial products company's stock valued at $439,000 after buying an additional 45 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Lincoln Electric by 1.2% in 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 buying an additional 52 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Lincoln Electric by 9.4% in the first quarter. Parallel Advisors LLC now owns 606 shares of the industrial products company's stock worth $151,000 after buying an additional 52 shares in the last quarter. Finally, Sumitomo Life Insurance Co. boosted its position in shares of Lincoln Electric by 1.2% during the fourth quarter. Sumitomo Life Insurance Co. now owns 4,314 shares of the industrial products company's stock worth $1,034,000 after acquiring an additional 52 shares during the last quarter. 79.61% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lincoln Electric

In other news, EVP Michael J. Whitehead sold 845 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $274.81, for a total transaction of $232,214.45. Following the transaction, the executive vice president owned 9,319 shares of the company's stock, valued at approximately $2,560,954.39. The trade was a 8.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LECO. Weiss Ratings upgraded shares of Lincoln Electric from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 10th. Morgan Stanley raised shares of Lincoln Electric from an "underweight" rating to an "equal weight" rating and increased their price objective for the company from $257.00 to $283.00 in a report on Monday, August 10th. Wall Street Zen upgraded Lincoln Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. UBS Group initiated coverage on Lincoln Electric in a report on Monday, August 10th. They issued a "buy" rating and a $340.00 target price on the stock. Finally, Barclays increased their price target on Lincoln Electric from $280.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Electric currently has an average rating of "Moderate Buy" and an average price target of $307.22.

Lincoln Electric Stock Performance

Shares of NASDAQ:LECO opened at $286.87 on Friday. The firm has a fifty day simple moving average of $263.85 and a two-hundred day simple moving average of $265.26. Lincoln Electric Holdings, Inc. has a 52 week low of $216.22 and a 52 week high of $310.00. The company has a quick ratio of 1.20, a current ratio of 1.98 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $15.64 billion, a P/E ratio of 28.66, a PEG ratio of 1.72 and a beta of 1.20.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.81 by $0.12. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.17 billion. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.60 EPS. On average, analysts expect that Lincoln Electric Holdings, Inc. will post 11.11 earnings per share for the current fiscal year.

Lincoln Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.79 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.1%. Lincoln Electric's payout ratio is 31.57%.

Key Stories Impacting Lincoln Electric

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

• Positive Sentiment: UBS upgraded LECO to “strong buy.” The rating upgrade provides a notable bullish signal and may be supporting investor demand for the industrial-products company. Ticker Report article
• Positive Sentiment: Zacks Research raised earnings forecasts across multiple periods. Estimates increased for third-quarter and fourth-quarter 2026 EPS to $2.71 and $2.81, respectively. Full-year 2026 EPS rose from $10.69 to $10.95, while FY2027 increased from $11.77 to $11.88 and FY2028 from $12.32 to $12.62. Several 2027 and 2028 quarterly estimates were also raised, reinforcing expectations for continued earnings growth. MarketBeat analyst estimates
• Positive Sentiment: Momentum indicators remain favorable. Zacks characterized Lincoln Electric as a strong momentum stock, which could attract growth and momentum-oriented investors. Zacks momentum analysis
• Neutral Sentiment: Investors are also evaluating changes in the Americas welding market and whether LECO’s valuation still offers upside after its recent advance. The issue may limit enthusiasm despite the bullish analyst actions. Yahoo Finance valuation and Americas welding analysis

Lincoln Electric Company Profile

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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