Zacks Research Lifts Earnings Estimates for Lincoln Electric

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Research analysts at Zacks Research increased their FY2026 earnings estimates for shares of Lincoln Electric in a report released on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $11.32 for the year, up from their prior estimate of $11.14. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.38 per share. Zacks Research also issued estimates for Lincoln Electric’s Q3 2027 earnings at $3.11 EPS, Q4 2027 earnings at $3.16 EPS, FY2027 earnings at $12.40 EPS, Q2 2028 earnings at $3.63 EPS, Q3 2028 earnings at $3.39 EPS and FY2028 earnings at $13.52 EPS.

Lincoln Electric (NASDAQ:LECO) last announced its quarterly earnings results on Tuesday, October 27th. The industrial products company reported $2.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.17. Lincoln Electric had a return on equity of 40.06% and a net margin of 12.40%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the prior year, the firm earned $2.47 EPS. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year.

A number of other equities research analysts have also issued reports on LECO. Barclays increased their target price on Lincoln Electric from $300.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, October 29th. DA Davidson set a $340.00 price target on Lincoln Electric in a report on Thursday, October 29th. Robert W. Baird boosted their target price on shares of Lincoln Electric from $317.00 to $322.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. Stifel Nicolaus upped their target price on shares of Lincoln Electric from $271.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, October 28th. Finally, UBS Group raised their price target on shares of Lincoln Electric from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, October 28th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Lincoln Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $319.11.

Lincoln Electric Trading Down 0.0%

Shares of LECO opened at $284.42 on Wednesday. The stock’s 50-day moving average is $267.47 and its two-hundred day moving average is $266.72. The stock has a market cap of $15.40 billion, a PE ratio of 27.27, a P/E/G ratio of 1.67 and a beta of 1.19. Lincoln Electric has a 12 month low of $216.22 and a 12 month high of $310.00. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.91 and a quick ratio of 1.18.

Lincoln Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 1.2%. This is a positive change from Lincoln Electric’s previous quarterly dividend of $0.79. The ex-dividend date is Thursday, December 31st. Lincoln Electric’s payout ratio is presently 30.30%.

Insider Buying and Selling

In related news, CEO Steven B. Hedlund sold 14,371 shares of the stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $281.95, for a total value of $4,051,903.45. Following the completion of the transaction, the chief executive officer owned 63,483 shares of the company’s stock, valued at approximately $17,899,031.85. This represents a 18.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.68% of the company’s stock.

Institutional Trading of Lincoln Electric

Hedge funds have recently made changes to their positions in the stock. Transamerica Financial Advisors LLC bought a new stake in shares of Lincoln Electric in the second quarter worth $26,000. Financial Network Wealth Advisors LLC lifted its stake in Lincoln Electric by 194.1% during the third quarter. Financial Network Wealth Advisors LLC now owns 100 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 66 shares during the last quarter. Keating Financial Advisory Services Inc. bought a new position in Lincoln Electric during the second quarter worth $29,000. Latitude Advisors LLC acquired a new stake in shares of Lincoln Electric during the third quarter worth $32,000. Finally, Heritage Family Offices LLP bought a new position in Lincoln Electric in the third quarter worth about $34,000. Institutional investors and hedge funds own 79.61% of the company’s stock.

About Lincoln Electric

Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and automation products. Its offerings include arc-welding equipment and consumables, plasma and oxyfuel cutting systems, robotic welding solutions and related automation technologies, as well as brazing and soldering products. Founded in 1895 by John C. Lincoln, the company serves customers across a range of industries, including manufacturing, infrastructure, energy and transportation. Its products and services are sold in markets around the world through its international operations and distribution network.