Zacks Research Forecasts Lower Earnings for Lincoln Electric

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Equities research analysts at Zacks Research decreased their Q1 2028 earnings estimates for Lincoln Electric in a research note issued on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the industrial products company will earn $3.04 per share for the quarter, down from their previous forecast of $3.10. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.40 per share.

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

Other research analysts have also recently issued reports about the stock. Robert W. Baird lifted their price objective on shares of Lincoln Electric from $317.00 to $322.00 and gave the company an “outperform” rating in a research note on Wednesday, October 28th. Wall Street Zen upgraded Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Morgan Stanley boosted their price target on Lincoln Electric from $283.00 to $293.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 28th. Barclays upped their price objective on Lincoln Electric from $300.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Finally, Weiss Ratings lowered Lincoln Electric from a “buy (b)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $319.11.

Lincoln Electric Stock Performance

Shares of NASDAQ:LECO opened at $288.14 on Thursday. The firm has a market cap of $15.61 billion, a PE ratio of 27.63, a PEG ratio of 1.66 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 quick ratio of 1.18, a current ratio of 1.91 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average price is $267.86 and its two-hundred day moving average price is $266.87.

Lincoln Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be given a $0.87 dividend. This is an increase from Lincoln Electric’s previous quarterly dividend of $0.79. This represents a $3.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, December 31st. Lincoln Electric’s dividend payout ratio (DPR) is 30.30%.

Insiders Place Their Bets

In other Lincoln Electric news, CEO Steven B. Hedlund sold 14,371 shares of the business’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $281.95, for a total transaction of $4,051,903.45. Following the sale, the chief executive officer owned 63,483 shares of the company’s stock, valued at approximately $17,899,031.85. The trade was a 18.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LECO. BlackRock Inc. lifted its stake in shares of Lincoln Electric by 40.5% in the 2nd quarter. BlackRock Inc. now owns 18,561,962 shares of the industrial products company’s stock valued at $656,165,000 after acquiring an additional 5,354,141 shares during the last quarter. Hsbc Holdings PLC acquired a new position in Lincoln Electric in the 2nd quarter worth about $52,700,000. Algebris UK Ltd. acquired a new position in Lincoln Electric in the 2nd quarter worth about $44,811,000. Caisse de depot et placement du Quebec acquired a new position in Lincoln Electric in the 2nd quarter worth about $26,148,000. Finally, Pictet Asset Management Holding SA raised its position in Lincoln Electric by 5.2% in the third quarter. Pictet Asset Management Holding SA now owns 693,090 shares of the industrial products company’s stock valued at $183,383,000 after purchasing an additional 34,050 shares during the last quarter. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Top Lincoln Electric Stories

Investors following LECO have been watching these stories:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $11.32 from $11.14, and lifted its FY2027 and FY2028 estimates slightly, to $12.40 and $13.52, respectively. It also nudged several quarterly forecasts higher. These revisions signal somewhat improved expectations for future earnings.
• Neutral Sentiment: A Zacks article compares LECO with Stanley Black & Decker as a potential value stock, but the provided article summary does not disclose a conclusion or specific valuation figures. Article: SWK or LECO: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Zacks Research lowered its Q1 2028 EPS estimate to $3.04 from $3.10, a modest downgrade that offsets some of the positive revisions.

Lincoln Electric Company Profile

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.