Lincoln Electric Holdings Company Profile (NASDAQ:LECO)

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

Lincoln Electric Holdings declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Friday, September 29th will be paid 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 1.53%. 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 Tuesday, July, 25th. The company reported $0.97 EPS for the quarter, topping the Zacks' consensus estimate of $0.94 by $0.03. The firm had revenue of $626.90 million for the quarter, compared to analysts' expectations of $620.28 million. Lincoln Electric Holdings had a net margin of 9.86% and a return on equity of 30.55%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. 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.

10 brokers have issued 12 month price targets for Lincoln Electric Holdings' shares. Their predictions range from $57.00 to $100.00. On average, they expect Lincoln Electric Holdings' stock price to reach $86.83 in the next year. 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 increase in short interest in the month of August. As of August 31st, there was short interest totalling 950,909 shares, an increase of 60.9% from the August 15th total of 590,833 shares. Based on an average trading volume of 305,567 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.6% of the shares of the company are sold short.

Some companies that are related to Lincoln Electric Holdings include Pentair PLC. (PNR), Xylem (XYL), Packaging Corporation of America (PKG), Smith (A.O.) Corporation (AOS), Fortune Brands Home & Security (FBHS), W.W. Grainger (GWW), AB SKF (SKFRY), IDEX Corporation (IEX), Avery Dennison Corporation (AVY), Alcoa Corp. (AA), Crown Holdings (CCK), Sealed Air Corporation (SEE), Allegion PLC (ALLE), BPC Acquisition Corp (BERY), The Middleby Corporation (MIDD), Graco (GGG), Nordson Corporation (NDSN) 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 a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.30%), BlackRock Inc. (7.61%), Baillie Gifford & Co. (6.78%), State Street Corp (4.55%), BAILLIE GIFFORD & COMPANY (3.50%) and Royce & Associates LP (2.04%). 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, Michele R Kuhrt, 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 Baillie Gifford & Co., State Street Corp, Thrivent Financial For Lutherans, Mitsubishi UFJ Trust & Banking Corp, BTIM Corp., Alliancebernstein L.P., Goldman Sachs Group Inc. and Keybank National Association OH. 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, Michele R Kuhrt, 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 Koch Industries Inc., Janus Henderson Group PLC, Principal Financial Group Inc., Lodge Hill Capital LLC, FMR LLC, Renaissance Technologies LLC, Marathon Asset Management LLP and TimesSquare Capital Management LLC. 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 $91.77.