Zacks Research Has Positive Forecast for LECO Q1 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Equities researchers at Zacks Research boosted their Q1 2027 earnings per share estimates for Lincoln Electric in a research report issued to clients and investors on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.73 per share for the quarter, up from their prior estimate of $2.66. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.13 per share. Zacks Research also issued estimates for Lincoln Electric’s Q2 2027 earnings at $3.27 EPS, Q4 2027 earnings at $3.06 EPS, FY2027 earnings at $12.08 EPS, Q1 2028 earnings at $2.95 EPS, Q2 2028 earnings at $3.43 EPS and FY2028 earnings at $12.90 EPS.

Lincoln Electric (NASDAQ:LECO) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.12. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the firm posted $2.60 earnings per share. Lincoln Electric’s revenue for the quarter was up 12.0% compared to the same quarter last year.

LECO has been the topic of several other research reports. Wall Street Zen raised Lincoln Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. DA Davidson initiated coverage on shares of Lincoln Electric in a report on Tuesday, June 16th. They set a “buy” rating and a $320.00 price target on the stock. UBS Group began coverage on Lincoln Electric in a report on Monday, August 10th. They issued a “buy” rating and a $340.00 price target on the stock. Morgan Stanley upgraded Lincoln Electric from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $257.00 to $283.00 in a research note on Monday, August 10th. Finally, Weiss Ratings raised shares of Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Electric currently has a consensus rating of “Moderate Buy” and an average price target of $307.22.

Lincoln Electric Stock Up 1.5%

Shares of NASDAQ LECO opened at $272.59 on Thursday. The stock has a market capitalization of $14.86 billion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.61 and a beta of 1.21. Lincoln Electric has a 12-month low of $216.22 and a 12-month high of $310.00. 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 firm’s 50-day moving average price is $267.57 and its 200-day moving average price is $265.47.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LECO. Transamerica Financial Advisors LLC acquired a new stake in Lincoln Electric during the 2nd quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new position in Lincoln Electric during the fourth quarter valued at $27,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Lincoln Electric in the second quarter valued at about $29,000. Fiduciary Financial Advisors purchased a new stake in shares of Lincoln Electric during the second quarter worth about $38,000. Finally, Ancora Advisors LLC acquired a new position in shares of Lincoln Electric during the 2nd quarter worth about $38,000. 79.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Michael J. Whitehead sold 845 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total value of $232,214.45. Following the completion of the transaction, the executive vice president directly owned 9,319 shares of the company’s stock, valued at $2,560,954.39. This trade represents a 8.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.68% of the stock is currently owned by company insiders.

Lincoln Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s payout ratio is 31.57%.

About Lincoln Electric

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.