Zacks Research Analysts Lower Earnings Estimates for LECO

Key Points

• Zacks Research lowered Lincoln Electric’s Q3 2027 EPS estimate to $2.97 from $3.00 and projects Q1 2028 EPS of $2.88; the current full-year consensus is $11.11 per share.
• Lincoln Electric recently beat quarterly expectations, reporting $2.93 EPS versus the $2.81 consensus and $1.22 billion in revenue, up 12% year over year.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus rating and an average price target of $307.22; the company also announced a quarterly dividend of $0.79 per share.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Equities research analysts at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Lincoln Electric in a research note issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.97 per share for the quarter, down from their previous estimate of $3.00. The consensus estimate for Lincoln Electric's current full-year earnings is $11.11 per share. Zacks Research also issued estimates for Lincoln Electric's Q1 2028 earnings at $2.88 EPS.

LECO has been the subject of a number of other reports. DA Davidson started coverage on Lincoln Electric in a research note on Tuesday, June 16th. They set a "buy" rating and a $320.00 target price for the company. Wall Street Zen raised shares of Lincoln Electric from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Stifel Nicolaus set a $275.00 price target on shares of Lincoln Electric in a report on Friday, May 1st. Morgan Stanley raised shares of Lincoln Electric from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $257.00 to $283.00 in a research report on Monday, August 10th. Finally, Barclays raised their price objective on shares of Lincoln Electric from $280.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, May 5th. One equities research 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $307.22.

Lincoln Electric Stock Performance

NASDAQ:LECO opened at $286.87 on Monday. Lincoln Electric has a fifty-two week low of $216.22 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.98 and a quick ratio of 1.20. The stock has a market capitalization of $15.64 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 1.72 and a beta of 1.20. The business's 50-day simple moving average is $263.85 and its 200-day simple moving average is $265.31.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share (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 analysts' expectations of $1.17 billion. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The company's revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.60 earnings per share.

Lincoln Electric Dividend Announcement

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

Insider Buying and Selling

In other Lincoln Electric 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 value of $232,214.45. Following the sale, the executive vice president owned 9,319 shares in the company, valued at approximately $2,560,954.39. The trade was a 8.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.68% of the company's stock.

Hedge Funds Weigh In On Lincoln Electric

Several hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Lincoln Electric in the second quarter worth $656,165,000. Diamant Asset Management Inc. grew its position in Lincoln Electric by 24,685.8% in the first quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company's stock valued at $956,360,000 after purchasing an additional 3,824,077 shares in the last quarter. Norges Bank bought a new position in Lincoln Electric in the fourth quarter valued at $415,155,000. Hsbc Holdings PLC acquired a new stake in Lincoln Electric in the 2nd quarter valued at $52,700,000. Finally, Geode Capital Management LLC increased its stake in Lincoln Electric by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 1,306,641 shares of the industrial products company's stock valued at $313,175,000 after buying an additional 6,070 shares during the last quarter. 79.61% of the stock is owned by institutional investors.

Key Lincoln Electric News

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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