Equities Analysts Set Expectations for Lindsay Q3 Earnings

Lindsay Co. (NYSE:LNN) – Analysts at William Blair cut their Q3 2025 earnings per share estimates for shares of Lindsay in a note issued to investors on Thursday, April 3rd. William Blair analyst B. Drab now anticipates that the industrial products company will post earnings per share of $1.34 for the quarter, down from their prior estimate of $1.35. The consensus estimate for Lindsay’s current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay’s FY2026 earnings at $7.05 EPS.

Several other analysts have also commented on the stock. StockNews.com lowered shares of Lindsay from a “buy” rating to a “hold” rating in a research report on Thursday, April 3rd. Stifel Nicolaus raised their target price on Lindsay from $130.00 to $134.00 and gave the company a “hold” rating in a research report on Friday.

Lindsay Price Performance

Shares of NYSE LNN opened at $119.72 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.87 and a quick ratio of 2.65. The firm’s 50 day simple moving average is $130.66 and its 200-day simple moving average is $126.97. Lindsay has a 12 month low of $109.27 and a 12 month high of $140.27. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 19.22 and a beta of 0.72.

Lindsay (NYSE:LNN) last announced its quarterly earnings results on Thursday, April 3rd. The industrial products company reported $2.44 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.55. Lindsay had a return on equity of 13.17% and a net margin of 11.18%. The company had revenue of $187.10 million during the quarter, compared to analysts’ expectations of $174.50 million. During the same period last year, the business earned $1.64 earnings per share. Lindsay’s quarterly revenue was up 23.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC raised its position in Lindsay by 1.8% during the fourth quarter. Corient Private Wealth LLC now owns 4,515 shares of the industrial products company’s stock worth $534,000 after acquiring an additional 78 shares during the period. Global Retirement Partners LLC increased its stake in shares of Lindsay by 10.3% during the fourth quarter. Global Retirement Partners LLC now owns 925 shares of the industrial products company’s stock worth $109,000 after purchasing an additional 86 shares in the last quarter. Gitterman Wealth Management LLC raised its position in shares of Lindsay by 6.1% during the 4th quarter. Gitterman Wealth Management LLC now owns 1,753 shares of the industrial products company’s stock worth $207,000 after purchasing an additional 101 shares during the last quarter. GAMMA Investing LLC lifted its stake in Lindsay by 90.3% in the 4th quarter. GAMMA Investing LLC now owns 276 shares of the industrial products company’s stock valued at $33,000 after buying an additional 131 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in Lindsay by 1.7% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 10,588 shares of the industrial products company’s stock worth $1,253,000 after buying an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 89.94% of the company’s stock.

Lindsay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Friday, May 16th. Lindsay’s payout ratio is 23.11%.

About Lindsay

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.