Lindsay (NYSE:LNN) Issues Earnings Results, Beats Estimates By $0.08 EPS

Lindsay (NYSE:LNN) announced its quarterly earnings data on Thursday. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.08, Zacks reports. Lindsay had a net margin of 11.02% and a return on equity of 14.01%. The company had revenue of $155.82 million for the quarter, compared to the consensus estimate of $166.81 million. During the same period in the prior year, the firm posted $1.57 EPS. The company’s quarterly revenue was down 6.3% compared to the same quarter last year.

Here are the key takeaways from Lindsay’s conference call:

• Company announced a supply agreement for a $80 million MENA irrigation project (about $70 million expected this fiscal year), highlighting its ability to win large international, sustainability-focused projects.
• Total revenue fell 6% to $155.8 million, driven by a 9% decline in irrigation (North America down ~4%) as trade uncertainty, low commodity prices, and high input costs continue to suppress farmer demand.
• Infrastructure revenue grew 17% to $22.4 million on road safety product strength, but the Road Zipper business remains lumpy with no large project expected in FY2026, creating a tough Q2 comparison despite a healthy sales funnel.
• Balance sheet is strong with $249.6 million available liquidity; the company repurchased $30.3 million of shares in Q1 and authorized a new up-to-$150 million buyback program, underscoring commitment to shareholder returns.

Lindsay Stock Down 1.2%

Shares of NYSE LNN opened at $125.10 on Friday. The business has a 50-day moving average price of $116.97 and a 200 day moving average price of $129.77. The stock has a market cap of $1.32 billion, a PE ratio of 18.53 and a beta of 0.80. The company has a quick ratio of 2.76, a current ratio of 3.42 and a debt-to-equity ratio of 0.22. Lindsay has a 52-week low of $106.10 and a 52-week high of $150.96.

Lindsay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.2%. Lindsay’s dividend payout ratio is 21.83%.

Key Lindsay News

Here are the key news stories impacting Lindsay this week:

• Positive Sentiment: EPS beat and operational bright spots — Lindsay reported EPS of $1.54 vs. $1.46 expected, with improved irrigation operating margins, 17% growth in Infrastructure revenues (road‑safety products) and an $80M irrigation order backlog that supports near‑term revenue visibility. Lindsay Corporation Reports Fiscal 2026 First-Quarter Results
• Positive Sentiment: Dividend increase/continuation supports income investors — the board declared a quarterly cash dividend of $0.37 per share (payable Feb. 27, record Feb. 13), returning cash to shareholders and signaling confidence in cash flow. Lindsay Corporation Announces Quarterly Cash Dividend
• Neutral Sentiment: Additional disclosures and analyst material available — the company published its earnings slide deck and the full earnings‑call transcript for investors who want detail on backlog, geographic trends, and margin drivers. Lindsay Corporation (NYSE:LNN) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed estimates and declined year‑over‑year — Q1 revenue was $155.8M vs. ~$166.8M consensus and down ~6.3% YoY, which raises concerns about demand softness in North America and international irrigation markets. Lindsay (NYSE:LNN) Reports Sales Below Analyst Estimates In Q4 CY2025 Earnings
• Negative Sentiment: Market reaction: stock pulled back as weaker sales offset the modest EPS beat — traders focused on top‑line weakness and tempered near‑term growth expectations, pressuring the share price. Lindsay shares dip as revenue falls short of expectations

Analysts Set New Price Targets

LNN has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Lindsay from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lindsay in a report on Friday, October 31st. Finally, Stifel Nicolaus boosted their target price on Lindsay from $122.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $128.00.

Institutional Investors Weigh In On Lindsay

Several large investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of Lindsay during the third quarter worth approximately $30,000. Russell Investments Group Ltd. boosted its stake in Lindsay by 2,226.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 954 shares of the industrial products company’s stock worth $134,000 after purchasing an additional 913 shares during the period. State of Wyoming boosted its stake in Lindsay by 196.4% during the 2nd quarter. State of Wyoming now owns 1,227 shares of the industrial products company’s stock worth $177,000 after purchasing an additional 813 shares during the period. Corient Private Wealth LLC acquired a new stake in Lindsay during the 2nd quarter worth $217,000. Finally, Tower Research Capital LLC TRC grew its position in Lindsay by 642.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,560 shares of the industrial products company’s stock worth $225,000 after purchasing an additional 1,350 shares during the last quarter. 89.94% of the stock is owned by institutional investors and hedge funds.

About Lindsay

Lindsay Corporation (NYSE: LNN) is a U.S.-based manufacturer of agricultural irrigation and infrastructure products. Headquartered in Omaha, Nebraska, the company has built a reputation for designing and producing center pivot and lateral‐move irrigation systems under the Zimmatic brand. These systems feature advanced controls, precision sprinklers and automated monitoring technology that help growers optimize water use, improve crop yields and enhance sustainability in a variety of row-crop, specialty crop and forage operations.

Beyond its core irrigation business, Lindsay operates an infrastructure segment that delivers engineered products and services for water and roadway management.