Zacks Research Predicts Weaker Earnings for Lincoln Electric

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

Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus increased their target price on Lincoln Electric from $271.00 to $290.00 and gave the stock a “hold” rating in a report on Wednesday, October 28th. DA Davidson set a $340.00 price target on Lincoln Electric in a report on Thursday, October 29th. Morgan Stanley upped their price objective on Lincoln Electric from $283.00 to $293.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 28th. Weiss Ratings downgraded Lincoln Electric from a “buy (b)” rating to a “hold (c)” rating in a report on Wednesday, October 28th. Finally, UBS Group lifted their target price on Lincoln Electric from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $319.11.

Lincoln Electric Trading Up 1.3%

Shares of NASDAQ:LECO opened at $288.14 on Thursday. The firm has a market cap of $15.61 billion, a price-to-earnings 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’s fifty day simple moving average is $267.86 and its 200 day simple moving average is $266.87. The company has a quick ratio of 1.18, a current ratio of 1.91 and a debt-to-equity ratio of 0.74.

Lincoln Electric (NASDAQ:LECO) last released its quarterly earnings results on Tuesday, October 27th. The industrial products company reported $2.98 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the company earned $2.47 earnings per share. The business’s quarterly revenue was up 15.1% compared to the same quarter last year.

Lincoln Electric Increases Dividend

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

Insider Buying and Selling at Lincoln Electric

In other news, CEO Steven B. Hedlund sold 14,371 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 63,483 shares in the company, valued at $17,899,031.85. The trade was a 18.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.68% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lincoln Electric

Several hedge funds have recently bought and sold shares of the company. Sumitomo Life Insurance Co. grew its holdings in Lincoln Electric by 1.2% during the third quarter. Sumitomo Life Insurance Co. now owns 4,220 shares of the industrial products company’s stock worth $1,117,000 after purchasing an additional 51 shares during the period. Advisors Asset Management Inc. bought a new stake in Lincoln Electric in the third quarter valued at approximately $91,895,000. GW&K Investment Management LLC lifted its position in shares of Lincoln Electric by 0.4% in the third quarter. GW&K Investment Management LLC now owns 225,039 shares of the industrial products company’s stock valued at $59,542,000 after buying an additional 962 shares during the last quarter. Private Wealth Asset Management LLC acquired a new stake in shares of Lincoln Electric in the third quarter valued at approximately $589,000. Finally, USS Investment Management Ltd bought a new position in shares of Lincoln Electric during the 3rd quarter worth approximately $1,799,000. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lincoln Electric

These are some of the LECO headlines that stood out recently:

• 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.

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.