Lincoln Electric Holdings, Inc. $LECO Shares Sold by Comerica Bank

Key Points

• Comerica Bank cut its stake in Lincoln Electric by 85.9% in Q4, selling 92,033 shares and leaving 15,165 shares valued at about $3.63 million, while institutional investors own roughly 79.6% of the stock.
• Lincoln Electric reported a record Q1, beating estimates with $2.50 EPS versus $2.42 and $1.12B revenue versus $1.07B, showing 11.7% year‑over‑year revenue growth and strong profitability (net margin ~12.4%, ROE ~39%).
• Analyst coverage is mixed: the consensus rating is "Hold" with an average price target of $292.71, though several brokers raised targets (e.g., KeyCorp to $340, Robert W. Baird $330) despite a relatively high P/E (~28).

Comerica Bank reduced its stake in Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) by 85.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,165 shares of the industrial products company's stock after selling 92,033 shares during the period. Comerica Bank's holdings in Lincoln Electric were worth $3,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Quent Capital LLC bought a new stake in shares of Lincoln Electric in the 3rd quarter worth approximately $27,000. Frazier Financial Advisors LLC raised its holdings in shares of Lincoln Electric by 3,700.0% in the 3rd quarter. Frazier Financial Advisors LLC now owns 114 shares of the industrial products company's stock worth $27,000 after purchasing an additional 111 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Lincoln Electric in the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. raised its holdings in shares of Lincoln Electric by 3,860.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 198 shares of the industrial products company's stock worth $47,000 after purchasing an additional 193 shares in the last quarter. Finally, Eastern Bank raised its holdings in shares of Lincoln Electric by 109.4% during the third quarter. Eastern Bank now owns 201 shares of the industrial products company's stock valued at $47,000 after acquiring an additional 105 shares during the period. 79.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus set a $275.00 price target on shares of Lincoln Electric in a report on Friday. Robert W. Baird set a $330.00 price target on shares of Lincoln Electric in a report on Friday, February 13th. KeyCorp boosted their price target on shares of Lincoln Electric from $280.00 to $340.00 and gave the company an "overweight" rating in a report on Friday, February 13th. Morgan Stanley boosted their price target on shares of Lincoln Electric from $240.00 to $247.00 and gave the company an "underweight" rating in a report on Monday, March 30th. Finally, Weiss Ratings upgraded shares of Lincoln Electric from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $292.71.

Lincoln Electric Price Performance

Lincoln Electric stock opened at $266.25 on Monday. The firm has a market cap of $14.60 billion, a PE ratio of 27.48, a P/E/G ratio of 1.65 and a beta of 1.24. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.15 and a current ratio of 1.83. The firm's 50 day moving average price is $261.59 and its two-hundred day moving average price is $253.73. Lincoln Electric Holdings, Inc. has a twelve month low of $179.71 and a twelve month high of $310.00.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.07 billion. Lincoln Electric had a net margin of 12.38% and a return on equity of 39.33%. The company's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.16 EPS. On average, research analysts predict that Lincoln Electric Holdings, Inc. will post 10.76 EPS for the current fiscal year.

Lincoln Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th. Lincoln Electric's dividend payout ratio is currently 33.91%.

More Lincoln Electric News

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

• Positive Sentiment: Q1 beat on both EPS and revenue — Lincoln reported $2.50 EPS vs. consensus ~$2.42 and revenue of $1.12B vs. ~$1.07B, driven by healthy volume and price/mix. The beat and year-over-year revenue growth support upside to near-term earnings momentum. Lincoln Electric Beats Q1 Estimates
• Positive Sentiment: Company called it a record quarter for net sales and adjusted EPS — management highlighted record first-quarter net sales and adjusted EPS, which underpins the stronger-than-expected print and likely helped buyer demand. Business Wire: Q1 Results
• Positive Sentiment: Profitability remains robust — net margin (~12.3%) and return on equity (~39%) signal strong cash conversion and operational leverage, supporting forward earnings assumptions. MarketBeat: Q1 Metrics & Call
• Neutral Sentiment: Management materials and presentation are available — the earnings slide deck and conference call provide detail on segment trends, order patterns and margin drivers; investors can review for guidance color and backlog commentary. Earnings Presentation
• Neutral Sentiment: Analyst models and outlook — brokers continue modeling solid full‑year EPS (Street consensus cited around $10.76 annual EPS), so the beat helps validate those forecasts but raises expectations for execution the rest of the year. Zacks: Key Metrics vs Estimates
• Negative Sentiment: Valuation and leverage to watch — shares now trade at a premium (P/E ~28.6) and the company carries moderate leverage (debt/equity ~0.78); if growth or margins slow, valuation could compress. (See company metric summaries in the earnings release and market coverage.)

Lincoln Electric 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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