Lincoln Electric (LECO) to Release Earnings on Thursday

Lincoln Electric (NASDAQ:LECO - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect Lincoln Electric to post earnings of $2.31 per share and revenue of $1.04 billion for the quarter.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.22 by ($0.06). Lincoln Electric had a return on equity of 39.44% and a net margin of 11.44%. The business had revenue of $365.45 million during the quarter, compared to analysts' expectations of $974.39 million. During the same period in the previous year, the business posted $2.23 EPS. The business's quarterly revenue was up 2.4% compared to the same quarter last year. On average, analysts expect Lincoln Electric to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Lincoln Electric Price Performance

LECO traded up $3.83 during trading hours on Friday, hitting $227.72. The company's stock had a trading volume of 246,169 shares, compared to its average volume of 346,382. The company has a current ratio of 1.78, a quick ratio of 1.19 and a debt-to-equity ratio of 0.86. The business's 50-day moving average price is $207.33 and its 200-day moving average price is $196.93. The stock has a market cap of $12.71 billion, a price-to-earnings ratio of 28.08, a P/E/G ratio of 1.65 and a beta of 1.20. Lincoln Electric has a 12 month low of $161.11 and a 12 month high of $227.80.

Lincoln Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $3.00 dividend on an annualized basis and a yield of 1.32%. Lincoln Electric's payout ratio is currently 36.99%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Stifel Nicolaus upped their price target on Lincoln Electric from $180.00 to $236.00 and gave the stock a "hold" rating in a research note on Monday. Robert W. Baird cut their target price on Lincoln Electric from $242.00 to $212.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Morgan Stanley upped their price target on Lincoln Electric from $179.00 to $180.00 and gave the stock an "underweight" rating in a research note on Tuesday, May 6th. KeyCorp upped their price target on Lincoln Electric from $225.00 to $250.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Finally, Wall Street Zen lowered Lincoln Electric from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Lincoln Electric currently has an average rating of "Hold" and a consensus target price of $222.60.

Hedge Funds Weigh In On Lincoln Electric

A number of institutional investors and hedge funds have recently made changes to their positions in LECO. Goldman Sachs Group Inc. boosted its holdings in Lincoln Electric by 8.9% in the first quarter. Goldman Sachs Group Inc. now owns 362,561 shares of the industrial products company's stock worth $68,582,000 after purchasing an additional 29,505 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Lincoln Electric by 8.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 137,540 shares of the industrial products company's stock valued at $26,017,000 after buying an additional 10,961 shares in the last quarter. NewEdge Advisors LLC boosted its position in Lincoln Electric by 8.6% during the first quarter. NewEdge Advisors LLC now owns 2,477 shares of the industrial products company's stock worth $468,000 after purchasing an additional 197 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Lincoln Electric by 553.4% in the first quarter. Jones Financial Companies Lllp now owns 1,137 shares of the industrial products company's stock valued at $215,000 after purchasing an additional 963 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Lincoln Electric by 980.8% during the first quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company's stock worth $53,000 after acquiring an additional 255 shares in the last quarter. 79.61% of the stock is owned by institutional investors and hedge funds.

About Lincoln Electric

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.