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 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Thursday, September 28th. View Lincoln Electric Holdings' Dividend History.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) released its earnings results on Monday, July, 25th. The company reported $0.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.83. The business earned $592.40 million during the quarter, compared to analysts' expectations of $589.08 million. Lincoln Electric Holdings had a net margin of 8.70% and a return on equity of 30.17%. Lincoln Electric Holdings's quarterly revenue was down 10.9% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. View Lincoln Electric Holdings' Earnings History.

9 brokerages have issued 1-year price objectives for Lincoln Electric Holdings' shares. Their predictions 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 will benefit from focus on customers and execution of its 2020 vision. The company’s focus on investment in long-term, profitable growth, with its broad range of product launches and strategic acquisitions, will also aid growth. It will also gain from consistent focus on cost reduction and strong cash flow generation. Despite increase in interest expenses, the company’s strong balance sheet position and share repurchases will drive its performance. Lincoln Electric also has a positive record of earnings surprises in the last few quarters. Driven by these positives, the stock outperformed the broader industry in the past one year. However, Lincoln Electric's results will be hurt by higher interest expenses, stronger U.S. dollar and weakness in industrial production. Ongoing declines in the energy and heavy fabrication sectors also remain headwinds." (7/19/2017)
• 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 June. As of June 30th, there was short interest totalling 1,077,400 shares, a drop of 35.9% from the June 15th total of 1,681,763 shares. Based on an average trading volume of 533,269 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.8% of the shares of the stock are sold short.

Some companies that are related to Lincoln Electric Holdings include Pentair PLC. (PNR), Xylem (XYL), Packaging Corporation of America (PKG), Fortune Brands Home & Security (FBHS), Smith (A.O.) Corporation (AOS), W.W. Grainger (GWW), AB SKF (SKFRY), Sealed Air Corporation (SEE), IDEX Corporation (IEX), Avery Dennison Corporation (AVY), Crown Holdings (CCK), Allegion PLC (ALLE), The Middleby Corporation (MIDD), BPC Acquisition Corp (BERY), Nordson Corporation (NDSN), Alcoa Corp. (AA), G4S (GFSZY) and HD Supply Holdings (HDS).

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 many different of institutional and retail 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 Lawson Kroeker Investment Management Inc. NE (0.14%). 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., Lawson Kroeker Investment Management Inc. NE, Bank of Montreal Can, Sit Investment Associates Inc., Capstone Asset Management Co. and Skylands Capital LLC. 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 $93.47.