Lincoln Electric Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lincoln Electric stock.
View analyst ratings for Lincoln Electric or view top-rated stocks.

Wall Street analysts have given Lincoln Electric a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lincoln Electric wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Lincoln Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Lincoln Electric.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) posted its quarterly earnings results on Tuesday, July, 27th. The industrial products company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.48 by $0.19. The industrial products company earned $826.50 million during the quarter, compared to analysts' expectations of $790.15 million. Lincoln Electric had a net margin of 9.97% and a trailing twelve-month return on equity of 41.01%. The business's quarterly revenue was up 39.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share.
View Lincoln Electric's earnings history.

Lincoln Electric's stock was trading at $71.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LECO shares have increased by 85.6% and is now trading at $133.43.
View which stocks have been most impacted by COVID-19.

Lincoln Electric declared a quarterly dividend on Wednesday, April 21st. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.51 per share on Thursday, July 15th. This represents a $2.04 annualized dividend and a yield of 1.53%. The ex-dividend date is Tuesday, June 29th.
View Lincoln Electric's dividend history.

Lincoln Electric pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.52%. The dividend payout ratio of Lincoln Electric is 49.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lincoln Electric will have a dividend payout ratio of 30.09% next year. This indicates that Lincoln Electric will be able to sustain or increase its dividend.
View Lincoln Electric's dividend history.

7 brokerages have issued twelve-month price targets for Lincoln Electric's stock. Their forecasts range from $102.00 to $155.00. On average, they anticipate Lincoln Electric's share price to reach $134.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Lincoln Electric or view top-rated stocks among Wall Street analysts.

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.

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

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

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

Lincoln Electric's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.81%), BlackRock Inc. (9.12%), JPMorgan Chase & Co. (6.32%), State Street Corp (4.61%), Victory Capital Management Inc. (2.43%) and Keybank National Association OH (2.31%). Company insiders that own Lincoln Electric stock include Christopher L Mapes, Douglas S Lance, Gabriel Bruno, Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn and Vincent K Petrella.
View institutional ownership trends for Lincoln Electric.

LECO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Principal Financial Group Inc., Millennium Management LLC, First Trust Advisors LP, Fisher Asset Management LLC, Keybank National Association OH, and Wells Fargo & Company MN. Company insiders that have sold Lincoln Electric company stock in the last year include Geoffrey P Allman, Jennifer I Ansberry, Michael J Whitehead, Steven B Hedlund, and Thomas A Flohn.
View insider buying and selling activity for Lincoln Electric or view top insider-selling stocks.

LECO stock was bought by a variety of institutional investors in the last quarter, including Bessemer Group Inc., State Street Corp, Victory Capital Management Inc., Balyasny Asset Management LLC, Vanguard Group Inc., Morgan Stanley, Morgan Stanley, and Boston Trust Walden Corp.
View insider buying and selling activity for Lincoln Electric or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

One share of LECO stock can currently be purchased for approximately $133.43.

Lincoln Electric has a market capitalization of $7.92 billion and generates $2.66 billion in revenue each year. The industrial products company earns $206.12 million in net income (profit) each year or $4.15 on an earnings per share basis.

Lincoln Electric employs 11,000 workers across the globe.

Lincoln Electric was founded in 1895.

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

Lincoln Electric is headquartered at 22801 ST CLAIR AVE, CLEVELAND OH, 44117.

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 or via email at [email protected]