Zacks Research Issues Optimistic Outlook for LECO Earnings

Key Points

• Zacks Research raised its Q1 2026 EPS estimate for Lincoln Electric to $2.42 (from $2.40) and issued multi-period forecasts, including FY2027 EPS of $11.41.
• Analyst sentiment is mixed: MarketBeat shows a consensus rating of Hold with an average target price of $291.14, while individual firms have both cut and raised price targets recently.
• Lincoln Electric beat on recent quarterly EPS ($2.65 vs. $2.53 consensus) though revenue was slightly below expectations, and it pays a $0.79 quarterly dividend (annual $3.16; 1.2% yield).

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Analysts at Zacks Research increased their Q1 2026 EPS estimates for Lincoln Electric in a research note issued to investors on Wednesday, April 15th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.42 per share for the quarter, up from their previous forecast of $2.40. 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 Q2 2026 earnings at $2.81 EPS, Q1 2027 earnings at $2.59 EPS, FY2027 earnings at $11.41 EPS and Q1 2028 earnings at $2.74 EPS.

Several other research firms also recently issued reports on LECO. Wall Street Zen downgraded shares of Lincoln Electric from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Jefferies Financial Group reaffirmed a "hold" rating and set a $280.00 price objective (down from $350.00) on shares of Lincoln Electric in a report on Tuesday, March 31st. Roth Mkm reaffirmed a "buy" rating and set a $297.00 price objective (up from $285.00) on shares of Lincoln Electric in a report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Lincoln Electric from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, March 31st. Finally, Robert W. Baird set a $330.00 price objective on shares of Lincoln Electric in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lincoln Electric currently has a consensus rating of "Hold" and an average target price of $291.14.

Lincoln Electric Price Performance

NASDAQ LECO opened at $255.35 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.16 and a debt-to-equity ratio of 0.78. The company has a fifty day simple moving average of $268.68 and a 200 day simple moving average of $251.67. The company has a market cap of $14.00 billion, a P/E ratio of 27.40, a P/E/G ratio of 1.62 and a beta of 1.28. Lincoln Electric has a 1 year low of $169.69 and a 1 year high of $310.00.

Lincoln Electric (NASDAQ:LECO - Get Free Report) last posted its earnings results on Thursday, February 12th. The industrial products company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.53 by $0.12. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. Lincoln Electric had a net margin of 12.30% and a return on equity of 39.35%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.57 earnings per share.

Institutional Trading of Lincoln Electric

Hedge funds have recently bought and sold shares of the stock. Oak Thistle LLC bought a new stake in Lincoln Electric in the 3rd quarter valued at $1,020,000. Allianz Asset Management GmbH boosted its holdings in Lincoln Electric by 239.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 184,191 shares of the industrial products company's stock valued at $43,438,000 after purchasing an additional 129,932 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Lincoln Electric by 18.9% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,628 shares of the industrial products company's stock valued at $8,166,000 after buying an additional 5,512 shares in the last quarter. Congress Asset Management Co. raised its stake in shares of Lincoln Electric by 13.0% in the 3rd quarter. Congress Asset Management Co. now owns 86,305 shares of the industrial products company's stock valued at $20,353,000 after buying an additional 9,897 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Lincoln Electric by 9.1% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 58,843 shares of the industrial products company's stock valued at $13,877,000 after buying an additional 4,898 shares in the last quarter. 79.61% of the stock is owned by institutional investors.

Lincoln Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.79 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.16 dividend on an annualized basis and a yield of 1.2%. Lincoln Electric's dividend payout ratio is 33.91%.

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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