S&CO Inc. Buys New Holdings in Lincoln Electric Holdings, Inc. $LECO

S&CO Inc. purchased a new stake in shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) in the second quarter, HoldingsChannel.com reports. The firm purchased 7,000 shares of the industrial products company’s stock, valued at approximately $1,858,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new position in shares of Lincoln Electric in the 2nd quarter worth about $2,308,000. USA Financial Formulas grew its holdings in shares of Lincoln Electric by 31,900.0% during the 1st quarter. USA Financial Formulas now owns 640 shares of the industrial products company’s stock worth $159,000 after purchasing an additional 638 shares during the period. Dagco Inc. purchased a new stake in shares of Lincoln Electric during the 2nd quarter worth about $531,000. Hennion & Walsh Asset Management Inc. increased its position in Lincoln Electric by 10.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 5,852 shares of the industrial products company’s stock worth $1,554,000 after purchasing an additional 541 shares in the last quarter. Finally, Threadgill Financial LLC increased its position in Lincoln Electric by 519.1% during the 2nd quarter. Threadgill Financial LLC now owns 24,646 shares of the industrial products company’s stock worth $6,544,000 after purchasing an additional 20,665 shares in the last quarter. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Electric Price Performance

LECO opened at $286.87 on Friday. Lincoln Electric Holdings, Inc. has a twelve month low of $216.22 and a twelve month high of $310.00. The firm has a market cap of $15.64 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 1.72 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74. The company has a fifty day simple moving average of $263.85 and a 200 day simple moving average of $265.26.

Lincoln Electric (NASDAQ:LECO) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.12. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.17 billion. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.60 EPS. Equities research analysts expect that Lincoln Electric Holdings, Inc. will post 11.11 EPS for the current fiscal year.

Lincoln Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 30th. Lincoln Electric’s payout ratio is presently 31.57%.

Insider Activity

In related news, EVP Michael J. Whitehead sold 845 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $274.81, for a total value of $232,214.45. Following the transaction, the executive vice president owned 9,319 shares in the company, valued at approximately $2,560,954.39. The trade was a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.68% of the company’s stock.

Key Headlines Impacting Lincoln Electric

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

• Positive Sentiment: UBS upgraded LECO to “strong buy.” The rating upgrade provides a notable bullish signal and may be supporting investor demand for the industrial-products company. Ticker Report article
• Positive Sentiment: Zacks Research raised earnings forecasts across multiple periods. Estimates increased for third-quarter and fourth-quarter 2026 EPS to $2.71 and $2.81, respectively. Full-year 2026 EPS rose from $10.69 to $10.95, while FY2027 increased from $11.77 to $11.88 and FY2028 from $12.32 to $12.62. Several 2027 and 2028 quarterly estimates were also raised, reinforcing expectations for continued earnings growth. MarketBeat analyst estimates
• Positive Sentiment: Momentum indicators remain favorable. Zacks characterized Lincoln Electric as a strong momentum stock, which could attract growth and momentum-oriented investors. Zacks momentum analysis
• Neutral Sentiment: Investors are also evaluating changes in the Americas welding market and whether LECO’s valuation still offers upside after its recent advance. The issue may limit enthusiasm despite the bullish analyst actions. Yahoo Finance valuation and Americas welding analysis

Wall Street Analyst Weigh In

LECO has been the topic of several research reports. Stifel Nicolaus set a $275.00 price target on shares of Lincoln Electric in a report on Friday, May 1st. UBS Group began coverage on shares of Lincoln Electric in a research note on Monday, August 10th. They set a “buy” rating and a $340.00 price objective for the company. Morgan Stanley raised shares of Lincoln Electric from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $257.00 to $283.00 in a research report on Monday, August 10th. DA Davidson assumed coverage on shares of Lincoln Electric in a research note on Tuesday, June 16th. They issued a “buy” rating and a $320.00 target price on the stock. Finally, Barclays lifted their target price on shares of Lincoln Electric from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $307.22.

Lincoln Electric Company 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.