Zacks Research Issues Optimistic Estimate for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Investment analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Lincoln Electric in a research note issued to investors on Monday, December 16th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $2.33 for the quarter, up from their prior estimate of $2.31. The consensus estimate for Lincoln Electric’s current full-year earnings is $8.75 per share.

Lincoln Electric (NASDAQ:LECO) last announced its earnings results on Thursday, October 31st. The industrial products company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.09. The company had revenue of $983.76 million during the quarter, compared to analyst estimates of $988.07 million. Lincoln Electric had a net margin of 11.93% and a return on equity of 40.03%. Lincoln Electric’s revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.40 earnings per share.

A number of other research analysts have also recently commented on the company. Robert W. Baird lowered their price target on Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating for the company in a research report on Wednesday, September 4th. StockNews.com upgraded Lincoln Electric from a “hold” rating to a “buy” rating in a report on Wednesday, December 4th. Stifel Nicolaus lifted their target price on Lincoln Electric from $195.00 to $216.00 and gave the company a “hold” rating in a research report on Wednesday, December 11th. Finally, KeyCorp increased their price target on shares of Lincoln Electric from $210.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $225.17.

Lincoln Electric Stock Performance

NASDAQ:LECO opened at $189.89 on Wednesday. Lincoln Electric has a fifty-two week low of $169.51 and a fifty-two week high of $261.13. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.20 and a current ratio of 1.85. The company has a 50 day moving average price of $205.20 and a 200 day moving average price of $195.75. The stock has a market capitalization of $10.71 billion, a P/E ratio of 22.66, a PEG ratio of 1.59 and a beta of 1.16.

Lincoln Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from Lincoln Electric’s previous quarterly dividend of $0.71. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.58%. Lincoln Electric’s payout ratio is currently 35.80%.

Institutional Trading of Lincoln Electric

Several hedge funds have recently added to or reduced their stakes in LECO. Raymond James & Associates lifted its holdings in Lincoln Electric by 0.9% during the 2nd quarter. Raymond James & Associates now owns 119,673 shares of the industrial products company’s stock worth $22,575,000 after buying an additional 1,015 shares during the last quarter. Fifth Third Bancorp lifted its stake in Lincoln Electric by 56.0% during the second quarter. Fifth Third Bancorp now owns 1,785 shares of the industrial products company’s stock worth $337,000 after purchasing an additional 641 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Lincoln Electric in the second quarter valued at approximately $361,000. New York State Teachers Retirement System increased its stake in Lincoln Electric by 1.6% in the second quarter. New York State Teachers Retirement System now owns 70,686 shares of the industrial products company’s stock valued at $13,334,000 after purchasing an additional 1,124 shares during the last quarter. Finally, Retirement Systems of Alabama raised its holdings in Lincoln Electric by 0.7% during the second quarter. Retirement Systems of Alabama now owns 129,123 shares of the industrial products company’s stock worth $24,358,000 after purchasing an additional 912 shares in the last quarter. Institutional investors and hedge funds own 79.61% of the company’s stock.

Lincoln Electric Company Profile

Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States.