Zacks Research Brokers Boost Earnings Estimates for LECO

Key Points

• Zacks Research has raised its Q4 2026 earnings per share estimate for Lincoln Electric to $2.52, slightly above the previous estimate of $2.51.
• The company recently reported Q2 earnings of $2.60 EPS, surpassing the consensus estimate of $2.32 by $0.28, with a revenue of $1.09 billion.
• Lincoln Electric announced a quarterly dividend of $0.75 per share, with an ex-dividend date of September 30th, indicating a 1.3% yield.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Stock analysts at Zacks Research increased their Q4 2026 EPS estimates for Lincoln Electric in a research note issued to investors on Tuesday, September 16th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.52 per share for the quarter, up from their prior forecast of $2.51. The consensus estimate for Lincoln Electric's current full-year earnings is $9.36 per share.

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

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

Lincoln Electric Trading Down 0.3%

Shares of Lincoln Electric stock traded down $0.71 on Thursday, reaching $237.58. The company had a trading volume of 135,464 shares, compared to its average volume of 342,271. The firm's 50 day moving average price is $236.68 and its two-hundred day moving average price is $208.84. The firm has a market cap of $13.11 billion, a PE ratio of 26.71, a PEG ratio of 1.65 and a beta of 1.22. Lincoln Electric has a 52-week low of $161.11 and a 52-week high of $249.19. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.68.

Lincoln Electric Announces Dividend

The firm also recently declared 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 yield of 1.3%. Lincoln Electric's dividend payout ratio is currently 33.71%.

Insider Buying and Selling at Lincoln Electric

In related news, EVP Jennifer I. Ansberry sold 3,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $242.18, for a total transaction of $726,540.00. Following the completion of the sale, the executive vice president owned 19,173 shares in the company, valued at $4,643,317.14. This represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steven B. Hedlund sold 12,387 shares of the firm's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $243.36, for a total transaction of $3,014,500.32. Following the completion of the sale, the chief executive officer owned 55,866 shares of the company's stock, valued at $13,595,549.76. This trade represents a 18.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,692 shares of company stock worth $5,745,148 in the last quarter. 2.41% of the stock is currently owned by company insiders.

Institutional Trading of Lincoln Electric

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Lincoln Electric by 82.4% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 155 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 70 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Lincoln Electric by 980.8% in the first quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 255 shares during the period. Employees Retirement System of Texas acquired a new stake in shares of Lincoln Electric in the second quarter valued at about $64,000. Brooklyn Investment Group lifted its stake in shares of Lincoln Electric by 279.6% in the first quarter. Brooklyn Investment Group now owns 353 shares of the industrial products company's stock valued at $67,000 after purchasing an additional 260 shares during the period. Finally, Wood Tarver Financial Group LLC acquired a new stake in shares of Lincoln Electric in the fourth quarter valued at about $68,000. Institutional investors and hedge funds own 79.61% of the company's stock.

Lincoln Electric Company Profile

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.