Lincoln Electric (LECO) Stock Price, News & Analysis

Company Overview

Lincoln Electric Holdings, Inc. is a Cleveland, Ohio-based manufacturer of welding, cutting and industrial automation products. The company serves manufacturers, fabricators, construction companies, maintenance and repair operations, utilities, and other industrial customers.

Its product portfolio includes arc-welding equipment, welding consumables such as electrodes and welding wire, plasma-cutting systems, welding accessories, and related safety products. Lincoln Electric also provides automated and robotic welding systems, engineered solutions, training, and technical support. Through its Harris Products Group, the company offers brazing, soldering, cutting and gas-control products.

Founded in 1895 by John C. Lincoln, the company has grown from a U.S. welding-equipment manufacturer into a global industrial business. Lincoln Electric serves customers through manufacturing, sales and distribution operations across the Americas, Europe, Asia and other international markets.

Lincoln Electric Holdings is led by Steven B. Hedlund, who serves as president and chief executive officer. Its common stock trades on the Nasdaq Global Select Market under the symbol LECO.

Key Stats

• Today's Range: $255.94 to $261.95
• 50-Day Range: $251.06 to $290.12
• 52-Week Range: $216.22 to $310.00
• Volume: 265,288 shs
• Average Volume: 379,334 shs
• Market Capitalization: $14.05 billion
• P/E Ratio: 25.76
• Dividend Yield: 1.23%
• Price Target: $307.22
• Consensus Rating: Moderate Buy

Lincoln Electric Stock Analysis - MarketRank™

Lincoln Electric scored higher than 92% of companies evaluated by MarketBeat, and ranked 172nd out of 655 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lincoln Electric has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 1 strong buy rating, 5 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Lincoln Electric has a consensus price target of $307.22, representing about 19.2% upside from its current price of $257.81.

Amount of Analyst Coverage

Lincoln Electric has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.18%

Earnings Growth

Earnings for Lincoln Electric are expected to grow by 11.18% in the coming year, from $11.18 to $12.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lincoln Electric is 25.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lincoln Electric is 25.76, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 26.36.

Price to Earnings Growth Ratio

Lincoln Electric has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Lincoln Electric has a P/B Ratio of 9.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.24% of the float of Lincoln Electric has been sold short.

Short Interest Ratio / Days to Cover

Lincoln Electric has a short interest ratio ("days to cover") of 2.76, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lincoln Electric has recently increased by 10.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Lincoln Electric pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Lincoln Electric has been increasing its dividend for 30 years.

Dividend Coverage

The dividend payout ratio of Lincoln Electric is 31.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 25.42% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.72

News Sentiment

Lincoln Electric has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Lincoln Electric this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for LECO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Lincoln Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lincoln Electric insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.68% of the stock of Lincoln Electric is held by insiders.

Percentage Held by Institutions

79.61% of the stock of Lincoln Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Record date for 10/15 Dividend: 9/30/2026
• Ex-Dividend for 10/15 Dividend: 9/30/2026
• Today: 10/14/2026
• Dividend Payable: 10/15/2026
• Next Earnings (Confirmed): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NASDAQ:LECO
• CIK: 59527
• Web: www.lincolnelectric.com
• Phone: (216) 481-8100
• Fax: 216-383-2699
• Employees: 12,000
• Year Founded: 1895

Price Target and Rating

• Average Price Target for Lincoln Electric: $307.22
• High Price Target: $340.00
• Low Price Target: $275.00
• Potential Upside/Downside: +19.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.01
• Trailing P/E Ratio: 25.76
• Forward P/E Ratio: 23.06
• P/E Growth: 1.57
• Net Income: $520.53 million
• Net Margins: 12.35%
• Pretax Margin: 16.07%
• Return on Equity: 39.23%
• Return on Assets: 15.25%

Debt

• Debt-to-Equity Ratio: 0.74
• Current Ratio: 1.98
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $4.23 billion
• Price / Sales: 3.32
• Cash Flow: $11.60 per share
• Price / Cash Flow: 22.23
• Book Value: $26.71 per share
• Price / Book: 9.65

Miscellaneous

• Outstanding Shares: 54,510,000
• Free Float: 53,590,000
• Market Cap: $14.05 billion
• Optionable: Optionable
• Beta: 1.21