Zacks Research Expects Higher Earnings for Lincoln Electric

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Stock analysts at Zacks Research raised their Q3 2027 EPS estimates for shares of Lincoln Electric in a report issued on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the industrial products company will earn $3.02 per share for the quarter, up from their previous estimate of $2.97. The consensus estimate for Lincoln Electric’s current full-year earnings is $11.16 per share.

Several other equities research analysts also recently issued reports on LECO. Wall Street Zen raised Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. 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. DA Davidson assumed coverage on shares of Lincoln Electric in a research report on Tuesday, June 16th. They set a “buy” rating and a $320.00 price objective on the stock. UBS Group initiated coverage on shares of Lincoln Electric in a research note on Monday, August 10th. They issued a “buy” rating and a $340.00 price objective on the stock. Finally, Morgan Stanley raised shares of Lincoln Electric from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $257.00 to $283.00 in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $307.22.

Lincoln Electric Stock Performance

Shares of Lincoln Electric stock opened at $273.83 on Friday. Lincoln Electric has a 12 month low of $216.22 and a 12 month high of $310.00. The company has a quick ratio of 1.20, a current ratio of 1.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $14.93 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. The business has a fifty day simple moving average of $267.57 and a 200-day simple moving average of $265.33.

Lincoln Electric (NASDAQ:LECO) last posted 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 during 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 company’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $2.60 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Lincoln Electric in the second quarter worth $656,165,000. California State Teachers Retirement System lifted its position in shares of Lincoln Electric by 25,707.7% in the second quarter. California State Teachers Retirement System now owns 16,583,224 shares of the industrial products company’s stock worth $4,403,012,000 after buying an additional 16,518,967 shares during the last quarter. Diamant Asset Management Inc. boosted its stake in shares of Lincoln Electric by 24,685.8% during the 1st quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company’s stock worth $956,360,000 after acquiring an additional 3,824,077 shares in the last quarter. Norges Bank acquired a new position in shares of Lincoln Electric during the 4th quarter valued at about $415,155,000. Finally, Hsbc Holdings PLC bought a new position in shares of Lincoln Electric in the 2nd quarter valued at approximately $52,700,000. Institutional investors own 79.61% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Michael Whitehead sold 845 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total transaction of $232,214.45. Following the transaction, the executive vice president owned 9,319 shares of the company’s stock, valued at approximately $2,560,954.39. This trade represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.68% of the company’s stock.

Lincoln Electric Announces Dividend

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

More Lincoln Electric News

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

• Positive Sentiment: Higher earnings expectations: Zacks Research raised its EPS forecasts across multiple periods, including Q1 2027 to $2.73 from $2.66, Q2 2027 to $3.27 from $3.24, and Q4 2027 to $3.06 from $3.02. Its FY2027 forecast increased to $12.08 from $11.88, above the current-year consensus of $11.13. Lincoln Electric analyst estimates
• Positive Sentiment: Longer-term growth outlook improved: Zacks lifted its Q1 2028 EPS estimate to $2.95 from $2.88, Q2 2028 to $3.43 from $3.37, and FY2028 to $12.90 from $12.62. The upward revisions suggest expectations for continued earnings expansion at the industrial-products company. Lincoln Electric long-term earnings estimates
• Positive Sentiment: GARP and industry positioning: Zacks identified LECO as a growth-at-a-reasonable-price candidate, citing solid prospects relative to valuation. The company was also included among manufacturing-tools stocks positioned to benefit from increased manufacturing activity, technological progress and strategic acquisitions. GARP stocks article Manufacturing tools stocks article

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.