Zacks Research Analysts Raise Earnings Estimates for LECO

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Research analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Lincoln Electric in a note issued to investors on Wednesday, May 14th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $2.31 for the quarter, up from their prior estimate of $2.29. 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 Q1 2027 earnings at $2.45 EPS.

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

LECO has been the subject of several other research reports. Morgan Stanley raised their price objective on shares of Lincoln Electric from $179.00 to $180.00 and gave the stock an "underweight" rating in a research note on Tuesday, May 6th. KeyCorp decreased their price objective on shares of Lincoln Electric from $245.00 to $225.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Barclays raised 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. Wall Street Zen raised shares of Lincoln Electric from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Robert W. Baird decreased their price target on shares of Lincoln Electric from $242.00 to $212.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $216.17.

Lincoln Electric Trading Down 1.5%

NASDAQ LECO traded down $2.89 during trading on Monday, hitting $191.52. The stock had a trading volume of 267,957 shares, compared to its average volume of 330,510. 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 stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 23.50, a P/E/G ratio of 1.51 and a beta of 1.18. Lincoln Electric has a one year low of $161.11 and a one year high of $222.52. The stock has a 50 day simple moving average of $186.05 and a 200 day simple moving average of $195.39.

Lincoln Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, June 30th. Lincoln Electric's dividend payout ratio is presently 36.99%.

Hedge Funds Weigh In On Lincoln Electric

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Lincoln Electric by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,601,734 shares of the industrial products company's stock valued at $1,050,157,000 after buying an additional 18,805 shares during the period. JPMorgan Chase & Co. increased its holdings in Lincoln Electric by 15.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,735,527 shares of the industrial products company's stock valued at $325,359,000 after buying an additional 234,515 shares during the period. Norges Bank purchased a new position in Lincoln Electric during the fourth quarter valued at approximately $307,344,000. Victory Capital Management Inc. increased its holdings in Lincoln Electric by 16.2% during the first quarter. Victory Capital Management Inc. now owns 1,351,223 shares of the industrial products company's stock valued at $255,597,000 after buying an additional 188,104 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Lincoln Electric by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,235,582 shares of the industrial products company's stock valued at $231,691,000 after buying an additional 31,033 shares during the period. 79.61% of the stock is owned by hedge funds and other 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.