Lincoln Electric Holdings Company Profile (NASDAQ:LECO)

Lincoln Electric Holdings trades on the NASDAQ under the ticker symbol "LECO."

Lincoln Electric Holdings announced a quarterly dividend on Thursday, July 20th. Investors of record on Friday, September 29th will be given a dividend of $0.35 per share on Friday, October 13th. This represents a $1.40 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Thursday, September 28th. View Lincoln Electric Holdings' Dividend History.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.03. The firm had revenue of $626.90 million for the quarter, compared to analyst estimates of $620.28 million. Lincoln Electric Holdings had a return on equity of 31.59% and a net margin of 9.86%. Lincoln Electric Holdings's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS. View Lincoln Electric Holdings' Earnings History.

Lincoln Electric Holdings is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for Lincoln Electric Holdings.

9 brokers have issued 12-month price objectives for Lincoln Electric Holdings' shares. Their forecasts range from $57.00 to $98.00. On average, they expect Lincoln Electric Holdings' stock price to reach $84.00 in the next twelve months. View Analyst Ratings for Lincoln Electric Holdings.

Here are some recent quotes from research analysts about Lincoln Electric Holdings stock:

• 1. According to Zacks Investment Research, "Lincoln Electric’s top and bottom lines registered year-over-year growth in second-quarter 2017, surpassing the Zacks Consensus Estimate on both counts. The company anticipates modest year-over-year sales and margin growth in the second half of 2017. Lincoln Electric will gain from continued investment in the marketing strategy for the retail channel. The Air Liquide acquisition will enhance its 2020 Vision and Strategy. Improving end markets, tax benefits and acquisition strength will drive growth. Progress in organic growth in China and Australia also remain tailwinds. Over the past one year, Lincoln Electric strongly outperformed the industry's return on the back of these factors. However, elevated interest expenses, stronger U.S. dollar and weakness in industrial production remain tailwinds." (7/28/2017)
• 2. Stifel Nicolaus analysts commented, "We are transferring coverage of Lincoln Electric Holdings, Inc. to Nathan Jones from Stanley Elliott. Our rating on the shares is Hold and our one-year target price is $86, which is based on 22x our 2018x EPS estimate of $3.94. Lincoln Electric Holdings, Inc. is currently valued at 14.4x our 2017 EBITDA estimate of $417.1 million, which is equivalent to 21.7x our 2018E EPS." (3/27/2017)

Lincoln Electric Holdings saw a drop in short interest in July. As of July 14th, there was short interest totalling 543,398 shares, a drop of 49.6% from the June 30th total of 1,077,400 shares. Based on an average daily trading volume, of 548,502 shares, the short-interest ratio is presently 1.0 days. Currently, 0.9% of the company's shares are short sold.

Some companies that are related to Lincoln Electric Holdings include Pentair PLC. (PNR), Packaging Corporation of America (PKG), Xylem (XYL), Fortune Brands Home & Security (FBHS), W.W. Grainger (GWW), Smith (A.O.) Corporation (AOS), AB SKF (SKFRY), IDEX Corporation (IEX), Sealed Air Corporation (SEE), Avery Dennison Corporation (AVY), Crown Holdings (CCK), The Middleby Corporation (MIDD), Allegion PLC (ALLE), BPC Acquisition Corp (BERY), Nordson Corporation (NDSN), Alcoa Corp. (AA), HD Supply Holdings (HDS) and Hubbell (HUBB).

Lincoln Electric Holdings' management team includes the folowing people:

• Christopher L. Mapes, Chairman of the Board, President, Chief Executive Officer
• Vincent K. Petrella, Chief Financial Officer, Executive Vice President, Treasurer
• Gabriel Bruno, Chief Human Resource Officer, Executive Vice President
• Michele R. Kuhrt, Executive Vice President, Chief Information Officer
• George D. Blankenship, Executive Vice President and President, Americas Welding
• Steven B. Hedlund, Executive Vice President and President of the International Welding Segment
• Geoffrey P. Allman, Senior Vice President, Corporate Controller
• Thomas A. Flohn, Senior Vice President, President - Asia Pacific Region
• David James Nangle, Senior Vice President,President of Harris Products Group
• David H. Gunning, Lead Independent Director

Lincoln Electric Holdings' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (1.82%), Fisher Asset Management LLC (1.63%), BTIM Corp. (0.64%), Marathon Asset Management LLP (0.33%), GW&K Investment Management LLC (0.32%) and Russell Investments Group Ltd. (0.18%). Company insiders that own Lincoln Electric Holdings stock include David H Gunning, Frederick G Stueber, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, Kathryn Jo Lincoln, Steven B Hedlund, Thomas A Flohn, Vincent K Petrella and William E Macdonald III. View Institutional Ownership Trends for Lincoln Electric Holdings.

Lincoln Electric Holdings' stock was sold by a variety of institutional investors in the last quarter, including BTIM Corp., Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, Albert D Mason Inc., Lawson Kroeker Investment Management Inc. NE, Bank of Montreal Can, Sit Investment Associates Inc. and Capstone Asset Management Co.. Company insiders that have sold Lincoln Electric Holdings stock in the last year include David H Gunning, Frederick G Stueber, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, George D Blankenship, Kathryn Jo Lincoln, Steven B Hedlund, Thomas A Flohn, Vincent K Petrella and William E Macdonald III. View Insider Buying and Selling for Lincoln Electric Holdings.

Lincoln Electric Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Fisher Asset Management LLC, GW&K Investment Management LLC, Highland Capital Management LLC, Meeder Asset Management Inc., Quantitative Systematic Strategies LLC, Fox Run Management L.L.C. and Greenleaf Trust. View Insider Buying and Selling for Lincoln Electric Holdings.

Shares of Lincoln Electric Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Lincoln Electric Holdings stock can currently be purchased for approximately $87.54.