Zacks Research Has Optimistic Outlook of LECO Q1 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Investment analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Lincoln Electric in a research report issued to clients and investors on Friday, April 25th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $2.21 per share for the quarter, up from their previous forecast of $2.20. The consensus estimate for Lincoln Electric's current full-year earnings is $9.36 per share.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its earnings results on Wednesday, April 30th. The industrial products company reported $2.16 earnings per share for the quarter, missing analysts' consensus estimates of $2.22 by ($0.06). The business had revenue of $365.45 million during the quarter, compared to the consensus estimate of $974.39 million. Lincoln Electric had a net margin of 11.63% and a return on equity of 40.19%. The business's revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.23 EPS.

A number of other analysts have also recently weighed in on the company. Stifel Nicolaus upped their price target on Lincoln Electric from $178.00 to $180.00 and gave the company a "hold" rating in a research report on Thursday. StockNews.com raised shares of Lincoln Electric from a "hold" rating to a "buy" rating in a report on Friday, April 25th. KeyCorp cut their price target on shares of Lincoln Electric from $245.00 to $225.00 and set an "overweight" rating for the company in a report on Thursday. Barclays upped their price objective on shares of Lincoln Electric from $220.00 to $235.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley cut their target price on shares of Lincoln Electric from $187.00 to $179.00 and set an "underweight" rating for the company in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $216.00.

Lincoln Electric Price Performance

Shares of LECO stock traded up $3.71 during trading hours on Monday, hitting $181.35. The company had a trading volume of 46,179 shares, compared to its average volume of 328,749. Lincoln Electric has a 12 month low of $161.11 and a 12 month high of $238.47. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 1.87. The firm's fifty day moving average is $187.78 and its 200 day moving average is $196.10. The firm has a market capitalization of $10.16 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 1.51 and a beta of 1.18.

Lincoln Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Monday, June 30th. Lincoln Electric's payout ratio is presently 36.99%.

Insiders Place Their Bets

In related news, CEO Steven B. Hedlund sold 21,054 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $215.47, for a total value of $4,536,505.38. Following the completion of the sale, the chief executive officer now owns 54,660 shares of the company's stock, valued at $11,777,590.20. This trade represents a 27.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.63% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LECO. Mizuho Bank Ltd. acquired a new position in shares of Lincoln Electric during the fourth quarter valued at $30,000. Jones Financial Companies Lllp lifted its position in Lincoln Electric by 255.1% during the 4th quarter. Jones Financial Companies Lllp now owns 174 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 125 shares during the period. V Square Quantitative Management LLC boosted its stake in shares of Lincoln Electric by 54.1% in the 4th quarter. V Square Quantitative Management LLC now owns 299 shares of the industrial products company's stock valued at $56,000 after purchasing an additional 105 shares during the last quarter. Wood Tarver Financial Group LLC acquired a new stake in shares of Lincoln Electric during the 4th quarter worth approximately $68,000. Finally, UMB Bank n.a. raised its stake in shares of Lincoln Electric by 37.5% during the fourth quarter. UMB Bank n.a. now owns 389 shares of the industrial products company's stock worth $73,000 after buying an additional 106 shares during the last quarter. 79.61% of the stock is currently owned by institutional investors.

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.