Lincoln Electric (LECO) Stock Forecast, Price & News

Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions

Is Lincoln Electric a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Lincoln Electric stock.
View analyst ratings for Lincoln Electric or view top-rated stocks.

When is Lincoln Electric's next earnings date?

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Lincoln Electric.

How were Lincoln Electric's earnings last quarter?

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Thursday, April, 28th. The industrial products company reported $2.10 EPS for the quarter, topping analysts' consensus estimates of $1.63 by $0.47. The industrial products company had revenue of $925.40 million for the quarter, compared to the consensus estimate of $870.50 million. Lincoln Electric had a net margin of 9.65% and a trailing twelve-month return on equity of 48.22%. The company's revenue was up 22.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.37 earnings per share.
View Lincoln Electric's earnings history.

How often does Lincoln Electric pay dividends? What is the dividend yield for Lincoln Electric?

Lincoln Electric announced a quarterly dividend on Wednesday, April 20th. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.56 per share on Friday, July 15th. This represents a $2.24 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Wednesday, June 29th.
View Lincoln Electric's dividend history.

Is Lincoln Electric a good dividend stock?

Lincoln Electric pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.67%. Lincoln Electric has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lincoln Electric is 40.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 26.17% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

What price target have analysts set for LECO?

5 brokerages have issued 12 month target prices for Lincoln Electric's stock. Their forecasts range from $132.00 to $170.00. On average, they expect Lincoln Electric's stock price to reach $152.17 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts' price targets for Lincoln Electric or view top-rated stocks among Wall Street analysts.

Who are Lincoln Electric's key executives?

Lincoln Electric's management team includes the following people:

• Mr. Christopher L. Mapes, Chairman, Pres & CEO (Age 60, Pay $3.81M) (LinkedIn Profile)
• Mr. Gabriel Bruno, Exec. VP, CFO & Treasurer (Age 54, Pay $1.26M)
• Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 48, Pay $1.07M) (LinkedIn Profile)
• Ms. Michele R. Kuhrt, Exec. VP & Chief HR Officer (Age 55, Pay $1.07M) (LinkedIn Profile)
• Mr. Steven B. Hedlund, Exec. VP and Pres of the Americas & International Welding (Age 55, Pay $1.32M) (LinkedIn Profile)
• Ms. Amanda H. Butler, VP of Investor Relations & Communications
• Mr. Michael S. Mintun, Sr. VP of Sales (Age 59)
• Mr. Michael J. Whitehead, Sr. VP and Pres of Global Automation, Cutting & Additive Bus.es (Age 48) (LinkedIn Profile)
• Mr. Thomas A. Flohn, Sr. VP & Pres of International Welding (Age 61) (LinkedIn Profile)
• Mr. Douglas S. Lance, Sr. VP & Pres of North America – Americas Welding (Age 53) (LinkedIn Profile)

What is Christopher L. Mapes' approval rating as Lincoln Electric's CEO?

113 employees have rated Lincoln Electric CEO Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among Lincoln Electric's employees.

Who are some of Lincoln Electric's key competitors?

Some companies that are related to Lincoln Electric include Illinois Tool Works (ITW), Parker-Hannifin (PH), Dover (DOV), Ingersoll Rand (IR), Stanley Black & Decker (SWK), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Middleby (MIDD), Chart Industries (GTLS), Donaldson (DCI) and Woodward (WWD).
View all of LECO's competitors.

What other stocks do shareholders of Lincoln Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lincoln Electric investors own include Energy Transfer (ET), Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), Procter & Gamble (PG), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and AT&T (T).

What is Lincoln Electric's stock symbol?

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

Who are Lincoln Electric's major shareholders?

Lincoln Electric's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.06%), BlackRock Inc. (8.95%), JPMorgan Chase & Co. (5.57%), State Street Corp (4.92%), Victory Capital Management Inc. (3.10%) and Wellington Management Group LLP (2.81%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Geoffrey P Allman, Jennifer I Ansberry, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund and Thomas A Flohn.
View institutional ownership trends for Lincoln Electric.

Which institutional investors are selling Lincoln Electric stock?

LECO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Wellington Management Group LLP, Invesco Ltd., Vanguard Group Inc., Goldman Sachs Group Inc., Mirae Asset Global Investments Co. Ltd., Royce & Associates LP, and Principal Financial Group Inc.. Company insiders that have sold Lincoln Electric company stock in the last year include Christopher L Mapes, Jennifer I Ansberry, and Michael J Whitehead.
View insider buying and selling activity for Lincoln Electric or view top insider-selling stocks.

Which institutional investors are buying Lincoln Electric stock?

LECO stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., State Street Corp, Vaughan David Investments LLC IL, Acadian Asset Management LLC, Alyeska Investment Group L.P., BlackRock Inc., Boston Trust Walden Corp, and Pinebridge Investments L.P..
View insider buying and selling activity for Lincoln Electric or or view top insider-buying stocks.

How do I buy shares of Lincoln Electric?

Shares of LECO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Lincoln Electric's stock price today?

One share of LECO stock can currently be purchased for approximately $132.05.

How much money does Lincoln Electric make?

Lincoln Electric has a market capitalization of $7.67 billion and generates $3.23 billion in revenue each year. The industrial products company earns $276.47 million in net income (profit) each year or $5.51 on an earnings per share basis.

How many employees does Lincoln Electric have?

Lincoln Electric employs 11,000 workers across the globe.

Does Lincoln Electric have any subsidiaries?

The following companies are subsidiares of Lincoln Electric: 16280 23 Mile LLC, A. B. Arriendos S.A., Air Liquide, Askaynak, Baker Industries, CMC North Second Street LLC, Coldwater Machine Company LLC, Comptoir Lyonnais De Soudage, Ductil SA, Easom Automation Systems Inc., Electro - Arco, Europaische Holding Intercito GmbH, Hangzhou SAF Oerlikon Welding & Cutting Co. LTD. (China), Harris Calorific International Sp. z o.o., Harris Products, Inversiones LyL S.A., Invoatech Engineering, J.W. Harris Co. Inc., Kaynak Teknigi Sanayi ve Ticaret A.S., LE Torreon BCS S. de R.L. de C.V., Lincoln Canada Finance ULC, Lincoln Canada Holdings ULC, Lincoln Electric (Jinzhou) Welding Materials Co. Ltd., Lincoln Electric (Tangshan) Welding Materials Co. Ltd., Lincoln Electric (Thailand) Ltd., Lincoln Electric (U.K.) Ltd., Lincoln Electric Bester Sp. z o.o., Lincoln Electric Company (India) Private Limited, Lincoln Electric Company of Canada GP 2 Limited, Lincoln Electric Company of Canada LP, Lincoln Electric Cyprus Holdings LLC, Lincoln Electric Cyprus Limited, Lincoln Electric Dutch Holdings B.V., Lincoln Electric Europe B.V., Lincoln Electric France S.A.S., Lincoln Electric GmbH, Lincoln Electric Henan Investment Holdings LLC, Lincoln Electric Holdings S.ar.l., Lincoln Electric Iberia S.L., Lincoln Electric International Holding Company, Lincoln Electric Italia S.r.l., Lincoln Electric Japan K.K., Lincoln Electric Luxembourg Holdings S.ar.l, Lincoln Electric Luxembourg S.ar.l., Lincoln Electric Malaysia SDN BHD, Lincoln Electric Management (Shanghai) Co. Ltd., Lincoln Electric Manufactura S.A. de C.V., Lincoln Electric Maquinas S. de R.L. de C.V., Lincoln Electric Mexicana S.A. de C.V., Lincoln Electric Middle East FZE, Lincoln Electric North America Inc., Lincoln Electric Novo Holdings LLC, Lincoln Electric Portugal S.A., Lincoln Electric S.A., Lincoln Electric UK Holdings Limited, Lincoln Electric do Brasil Indústria e Comércio Ltda., Lincoln Global Holdings LLC, Lincoln Global Inc., Lincoln Luxembourg Holdings S.ar.l., Lincoln Maquila Principal LLC, Lincoln Maquinas Holdings LLC, Lincoln Mexico Holdings LLC, Lincoln Nanjing Holdings LLC, Lincoln Singapore Holdings LLC, Lincoln Smitweld B.V., Lincoln Soldaduras de Colombia Ltda., Messer Soldaduras, Metrode Products, Mezhgosmetiz – Mtsensk (MGM), Oerlikon Kaynak Elektrodlari Ve Sanayi Anonim Sirketi, Oerlikon Schweisstechnik GMBH, Overstreet-Hughes Company Inc. (“FTP”), PT Lincoln Electric Indonesia, PT Lincoln Indoweld, Performance Investment Group LLC, Prime Hold Co. LLC, Prime Investment Group II LLC, Prime Investment Group III LLC, Prime Investment Group IV LLC, Prime Investment Group LLC, Pro-Systems LLC, Realweld Systems, Rimrock Corporation, Rimrock Holdings Corporation, Robolution GmbH, SSCO Manufacturing, SSM RP Holding B.V., Shoals Tubular Inc. (“Shoals”), Smart Force LLC, Spawmet Sp. z.o.o, Specialised Welding Products Pty. Ltd., Techalloy Inc., Tennessee Rand Inc., Tenwell Development Pte. Ltd., The Lincoln Electric Company, The Lincoln Electric Company (Asia Pacific) Pte. Ltd., The Lincoln Electric Company (Australia) Proprietary Limited, The Lincoln Electric Company (New Zealand) Limited, The Lincoln Electric Company of South Africa (Pty) Ltd., The Lincoln Electric Heli (Zhengzhou) Welding Materials Company Ltd., The Lincoln Electric Welding Technology & Training Center LLC, The Nanjing Lincoln Electric Co. Ltd., The Shanghai Lincoln Electric Co. Ltd., Vernon Tool Company Ltd, Vizient Manufacturing Solutions Inc., Wayne Trail Technologies Inc., Weartech International Inc., Weartech International Limited, Welding Cutting Tools & Accessories LLC, Wolf Robotics LLC, Worthington, and Zeman Bauelemente.

When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

What is Lincoln Electric's official website?

The official website for Lincoln Electric is www.lincolnelectric.com.

How can I contact Lincoln Electric?

Lincoln Electric's mailing address is 22801 ST CLAIR AVE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at (888) 935-3877, via email at [email protected], or via fax at 216-383-2699.