Comerica Bank Has $3.63 Million Stock Holdings in Lincoln Electric Holdings, Inc. $LECO

Comerica Bank trimmed its holdings in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 85.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,165 shares of the industrial products company’s stock after selling 92,033 shares during the period. Comerica Bank’s holdings in Lincoln Electric were worth $3,634,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in LECO. NewEdge Advisors LLC grew its position in Lincoln Electric by 8.6% in the first quarter. NewEdge Advisors LLC now owns 2,477 shares of the industrial products company’s stock worth $468,000 after acquiring an additional 197 shares in the last quarter. Jones Financial Companies Lllp grew its position in Lincoln Electric by 553.4% in the first quarter. Jones Financial Companies Lllp now owns 1,137 shares of the industrial products company’s stock worth $215,000 after acquiring an additional 963 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Lincoln Electric by 8.9% in the first quarter. Goldman Sachs Group Inc. now owns 362,561 shares of the industrial products company’s stock worth $68,582,000 after acquiring an additional 29,505 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Lincoln Electric by 8.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 137,540 shares of the industrial products company’s stock worth $26,017,000 after acquiring an additional 10,961 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Lincoln Electric by 980.8% in the first quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 255 shares in the last quarter. 79.61% of the stock is owned by institutional investors.

Lincoln Electric Price Performance

NASDAQ LECO opened at $266.25 on Monday. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $261.59 and a 200 day simple moving average of $253.73. The company has a market cap of $14.60 billion, a P/E ratio of 27.48, a P/E/G ratio of 1.65 and a beta of 1.24. Lincoln Electric Holdings, Inc. has a 1 year low of $179.71 and a 1 year high of $310.00.

Lincoln Electric (NASDAQ:LECO) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.08. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.07 billion. Lincoln Electric had a net margin of 12.38% and a return on equity of 39.33%. Lincoln Electric’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.16 EPS. On average, sell-side analysts predict that Lincoln Electric Holdings, Inc. will post 10.76 EPS for the current year.

Lincoln Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Lincoln Electric’s dividend payout ratio is currently 33.91%.

Key Headlines Impacting Lincoln Electric

Here are the key news stories impacting Lincoln Electric this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — Lincoln reported $2.50 EPS vs. consensus ~$2.42 and revenue of $1.12B vs. ~$1.07B, driven by healthy volume and price/mix. The beat and year-over-year revenue growth support upside to near-term earnings momentum. Lincoln Electric Beats Q1 Estimates
• Positive Sentiment: Company called it a record quarter for net sales and adjusted EPS — management highlighted record first-quarter net sales and adjusted EPS, which underpins the stronger-than-expected print and likely helped buyer demand. Business Wire: Q1 Results
• Positive Sentiment: Profitability remains robust — net margin (~12.3%) and return on equity (~39%) signal strong cash conversion and operational leverage, supporting forward earnings assumptions. MarketBeat: Q1 Metrics & Call
• Neutral Sentiment: Management materials and presentation are available — the earnings slide deck and conference call provide detail on segment trends, order patterns and margin drivers; investors can review for guidance color and backlog commentary. Earnings Presentation
• Neutral Sentiment: Analyst models and outlook — brokers continue modeling solid full‑year EPS (Street consensus cited around $10.76 annual EPS), so the beat helps validate those forecasts but raises expectations for execution the rest of the year. Zacks: Key Metrics vs Estimates
• Negative Sentiment: Valuation and leverage to watch — shares now trade at a premium (P/E ~28.6) and the company carries moderate leverage (debt/equity ~0.78); if growth or margins slow, valuation could compress. (See company metric summaries in the earnings release and market coverage.)

Wall Street Analysts Forecast Growth

Several analysts have commented on LECO shares. Stifel Nicolaus set a $275.00 target price on shares of Lincoln Electric in a research report on Friday. Morgan Stanley boosted their target price on shares of Lincoln Electric from $240.00 to $247.00 and gave the stock an “underweight” rating in a research report on Monday, March 30th. Weiss Ratings raised shares of Lincoln Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, April 16th. Robert W. Baird set a $330.00 target price on shares of Lincoln Electric in a research report on Friday, February 13th. Finally, KeyCorp boosted their target price on shares of Lincoln Electric from $280.00 to $340.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lincoln Electric currently has an average rating of “Hold” and an average target price of $292.71.

Lincoln Electric Profile

Lincoln Electric Holdings, Inc (NASDAQ: LECO) is a global manufacturer and distributor of welding products, robotic welding systems, plasma and oxyfuel cutting equipment, and surface treatment systems. The company’s portfolio encompasses welding consumables such as electrodes and wires, as well as power sources, torches, and automated welding cells. Lincoln Electric also offers software solutions and training services designed to optimize productivity and quality in fabrication and manufacturing operations.

Founded in 1895 by John C.