Lincoln Electric Holdings, Inc., through its subsidiaries, designs, manufactures, and sells welding, cutting, and brazing products worldwide. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company's welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. It also provides computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, the company is involved in the retail business in the United States. It serves general fabrication, energy and process, automotive and transportation, heavy fabrication, and construction and infrastructure industries, as well as ship building and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Industry, Sector and Symbol
Industry Metalworking machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone216-481-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.62 billion
Profitability
Miscellaneous
Employees11,000
OptionableOptionable
Lincoln Electric (NASDAQ:LECO) Frequently Asked Questions
What is Lincoln Electric's stock symbol?
Lincoln Electric trades on the NASDAQ under the ticker symbol "LECO."
How often does Lincoln Electric pay dividends? What is the dividend yield for Lincoln Electric?
Lincoln Electric announced a quarterly dividend on Tuesday, October 16th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.47 per share on Tuesday, January 15th. This represents a $1.88 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, December 28th. This is an increase from Lincoln Electric's previous quarterly dividend of $0.39. View Lincoln Electric's Dividend History.
How were Lincoln Electric's earnings last quarter?
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced its earnings results on Thursday, February, 14th. The industrial products company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.09. The industrial products company had revenue of $744 million for the quarter, compared to analyst estimates of $763.57 million. Lincoln Electric had a net margin of 7.40% and a return on equity of 31.77%. The company's revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.01 earnings per share. View Lincoln Electric's Earnings History.
When is Lincoln Electric's next earnings date?
What price target have analysts set for LECO?
10 Wall Street analysts have issued 12-month target prices for Lincoln Electric's shares. Their forecasts range from $80.00 to $115.00. On average, they anticipate Lincoln Electric's share price to reach $99.20 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Lincoln Electric.
What is the consensus analysts' recommendation for Lincoln Electric?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lincoln Electric.
Has Lincoln Electric been receiving favorable news coverage?
Headlines about LECO stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lincoln Electric earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Lincoln Electric's key competitors?
Who are Lincoln Electric's key executives?
Lincoln Electric's management team includes the folowing people:
- Mr. Christopher L. Mapes, Chairman, Pres & CEO (Age 57)
- Mr. Vincent K. Petrella, Exec. VP, CFO & Treasurer (Age 59)
- Ms. Jennifer I. Ansberry, Exec. VP, Gen. Counsel & Sec. (Age 45)
- Mr. George D. Blankenship, Exec. VP & Pres of Americas Welding (Age 56)
- Mr. Steven B. Hedlund, Exec. VP & Pres of International Welding (Age 52)
Who are Lincoln Electric's major shareholders?
Lincoln Electric's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.35%), Oregon Public Employees Retirement Fund (3.16%), Alecta Pensionsforsakring Omsesidigt (2.25%), Royce & Associates LP (1.83%), Fisher Asset Management LLC (1.66%) and Principal Financial Group Inc. (1.57%). Company insiders that own Lincoln Electric stock include David H Gunning, Frederick G Stueber, G Russell Lincoln, Gabriel Bruno, Geoffrey P Allman, Kathryn Jo Lincoln, Michele R Kuhrt, Steven B Hedlund, Thomas A Flohn and William E Macdonald III. View Institutional Ownership Trends for Lincoln Electric.
Which major investors are selling Lincoln Electric stock?
LECO stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Two Sigma Investments LP, D. E. Shaw & Co. Inc., Barclays PLC, Baillie Gifford & Co., Royce & Associates LP, Canada Pension Plan Investment Board and California Public Employees Retirement System. Company insiders that have sold Lincoln Electric company stock in the last year include G Russell Lincoln, Kathryn Jo Lincoln and William E Macdonald III. View Insider Buying and Selling for Lincoln Electric.
Which major investors are buying Lincoln Electric stock?
LECO stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Thrivent Financial for Lutherans, WINTON GROUP Ltd, Precision Path Capital LP, Northern Trust Corp, Gotham Asset Management LLC, Westfield Capital Management Co. LP and BlackRock Inc.. View Insider Buying and Selling for Lincoln Electric.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Lincoln Electric's stock price today?
One share of LECO stock can currently be purchased for approximately $88.40.
How big of a company is Lincoln Electric?
Lincoln Electric has a market capitalization of $5.70 billion and generates $2.62 billion in revenue each year. The industrial products company earns $247.50 million in net income (profit) each year or $3.79 on an earnings per share basis. Lincoln Electric employs 11,000 workers across the globe.
What is Lincoln Electric's official website?
How can I contact Lincoln Electric?
Lincoln Electric's mailing address is 22801 ST. CLAIR AVENUE, CLEVELAND OH, 44117. The industrial products company can be reached via phone at 216-481-8100 or via email at [email protected]
MarketBeat Community Rating for Lincoln Electric (NASDAQ LECO)
MarketBeat's community ratings are surveys of what our community members think about Lincoln Electric and other stocks. Vote "Outperform" if you believe LECO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LECO will underperform the S&P 500 over the long term. You may vote once every thirty days.
