Zacks Research Issues Positive Forecast for LECO Earnings

Key Points

• Zacks Research raised its Q2 2026 earnings estimate for Lincoln Electric to $2.58 per share, up from a previous forecast of $2.56, with a full-year earnings consensus of $9.36 per share.
• Lincoln Electric's stock price opened at $233.98, with a market capitalization of $12.91 billion and a price-to-earnings ratio of 26.29.
• The company announced a quarterly dividend of $0.75 per share, payable on October 15th, representing a 1.3% yield and a payout ratio of 33.71%.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Analysts at Zacks Research lifted their Q2 2026 earnings estimates for shares of Lincoln Electric in a note issued to investors on Tuesday, September 16th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.58 for the quarter, up from their previous forecast of $2.56. The consensus estimate for Lincoln Electric's current full-year earnings is $9.36 per share. Zacks Research also issued estimates for Lincoln Electric's Q3 2026 earnings at $2.46 EPS, FY2026 earnings at $9.91 EPS, Q1 2027 earnings at $2.56 EPS, Q2 2027 earnings at $2.77 EPS and FY2027 earnings at $10.66 EPS.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.28. The company had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.04 billion. Lincoln Electric had a return on equity of 39.79% and a net margin of 12.27%.Lincoln Electric's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.34 EPS.

Several other research analysts also recently commented on LECO. KeyCorp lifted their target price on Lincoln Electric from $250.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Wall Street Zen raised shares of Lincoln Electric from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Roth Capital began coverage on Lincoln Electric in a research note on Friday, September 5th. They issued a "buy" rating and a $279.00 price target for the company. Finally, Stifel Nicolaus upped their target price on Lincoln Electric from $236.00 to $250.00 and gave the company a "hold" rating in a research report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $239.33.

Lincoln Electric Stock Down 0.6%

Shares of NASDAQ:LECO traded down $1.47 during midday trading on Wednesday, hitting $238.29. The stock had a trading volume of 916,292 shares, compared to its average volume of 261,803. The business's 50-day simple moving average is $236.68 and its 200-day simple moving average is $208.75. Lincoln Electric has a 12 month low of $161.11 and a 12 month high of $249.19. The company has a market cap of $13.15 billion, a P/E ratio of 26.77, a PEG ratio of 1.65 and a beta of 1.22. The company has a quick ratio of 1.08, a current ratio of 1.68 and a debt-to-equity ratio of 0.83.

Lincoln Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.3%. Lincoln Electric's payout ratio is 33.71%.

Insider Buying and Selling at Lincoln Electric

In related news, EVP Jennifer I. Ansberry sold 3,000 shares of the company's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $242.18, for a total transaction of $726,540.00. Following the transaction, the executive vice president directly owned 19,173 shares in the company, valued at approximately $4,643,317.14. This represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Gabriel Bruno sold 7,305 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $242.42, for a total transaction of $1,770,878.10. Following the transaction, the executive vice president owned 29,927 shares of the company's stock, valued at approximately $7,254,903.34. This trade represents a 19.62% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,692 shares of company stock valued at $5,745,148. Corporate insiders own 2.63% of the company's stock.

Institutional Investors Weigh In On Lincoln Electric

A number of large investors have recently added to or reduced their stakes in LECO. Norges Bank purchased a new position in Lincoln Electric in the second quarter valued at approximately $354,063,000. Boston Partners bought a new stake in Lincoln Electric in the second quarter valued at $141,550,000. AQR Capital Management LLC raised its position in Lincoln Electric by 439.8% in the second quarter. AQR Capital Management LLC now owns 596,617 shares of the industrial products company's stock worth $123,691,000 after acquiring an additional 486,090 shares in the last quarter. GAMMA Investing LLC lifted its stake in Lincoln Electric by 22,146.5% during the first quarter. GAMMA Investing LLC now owns 291,874 shares of the industrial products company's stock valued at $55,211,000 after buying an additional 290,562 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Lincoln Electric by 16.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,351,223 shares of the industrial products company's stock valued at $255,597,000 after purchasing an additional 188,104 shares during the period. 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.