Zacks Research Predicts Higher Earnings for Lincoln Electric

Key Points

• Zacks Research has raised its earnings per share (EPS) estimate for Lincoln Electric for Q3 2025 from $2.29 to $2.35, indicating positive growth prospects for the company.
• Lincoln Electric reported a significant increase in revenue to $1.09 billion for its last quarter, surpassing analyst expectations and showing a 6.6% year-over-year growth.
• The company announced a quarterly dividend increase from $0.75 to $0.79 per share, reflecting a commitment to returning value to shareholders.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) - Analysts at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Lincoln Electric in a report released on Tuesday, October 21st. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.35 per share for the quarter, up from their prior forecast 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 Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $9.60 EPS, Q1 2026 earnings at $2.36 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $2.64 EPS, FY2026 earnings at $10.20 EPS, Q1 2027 earnings at $2.57 EPS, Q2 2027 earnings at $2.79 EPS, Q3 2027 earnings at $2.68 EPS and FY2027 earnings at $10.81 EPS.

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

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus raised their price objective 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. KeyCorp raised their price objective on shares of Lincoln Electric from $250.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Roth Capital assumed coverage on shares of Lincoln Electric in a research note on Friday, September 5th. They set a "buy" rating and a $279.00 price objective for the company. Wall Street Zen raised shares of Lincoln Electric from a "buy" rating to a "strong-buy" rating in a research note on Saturday, October 11th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Lincoln Electric in a research note on Wednesday, October 8th. Five research 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. According to data from MarketBeat, Lincoln Electric currently has an average rating of "Moderate Buy" and an average price target of $243.50.

Lincoln Electric Trading Up 1.5%

Shares of Lincoln Electric stock opened at $242.95 on Wednesday. Lincoln Electric has a 12-month low of $161.11 and a 12-month high of $249.19. The company has a current ratio of 1.68, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The stock has a market cap of $13.41 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20. The company has a 50-day moving average of $239.03 and a two-hundred day moving average of $215.48.

Lincoln Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 1.3%. This is an increase from Lincoln Electric's previous quarterly dividend of $0.75. The ex-dividend date is Wednesday, December 31st. Lincoln Electric's dividend payout ratio (DPR) is 33.71%.

Insider Activity

In other Lincoln Electric news, EVP Jennifer I. Ansberry sold 3,000 shares of Lincoln Electric stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $242.18, for a total value of $726,540.00. Following the transaction, the executive vice president owned 19,173 shares in the company, valued at $4,643,317.14. This trade represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Michael J. Whitehead sold 1,000 shares of Lincoln Electric stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $233.23, for a total transaction of $233,230.00. Following the completion of the transaction, the senior vice president owned 9,177 shares in the company, valued at approximately $2,140,351.71. This trade represents a 9.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,692 shares of company stock worth $5,745,148 in the last three months. 2.41% of the stock is owned by insiders.

Hedge Funds Weigh In On Lincoln Electric

A number of hedge funds have recently made changes to their positions in LECO. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Lincoln Electric by 75.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,811 shares of the industrial products company's stock valued at $721,000 after acquiring an additional 1,633 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Lincoln Electric by 7.2% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,609 shares of the industrial products company's stock valued at $1,250,000 after acquiring an additional 442 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in shares of Lincoln Electric during the 1st quarter valued at $261,000. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Lincoln Electric by 20.1% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,841 shares of the industrial products company's stock valued at $4,131,000 after acquiring an additional 3,658 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Lincoln Electric by 195.2% during the 1st quarter. Millennium Management LLC now owns 223,025 shares of the industrial products company's stock valued at $42,187,000 after acquiring an additional 147,483 shares in the last quarter. 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.

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