Zacks Research Has Positive Estimate for LECO Q3 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Analysts at Zacks Research lifted their Q3 2025 earnings per share estimates for Lincoln Electric in a research note issued 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.

Other equities analysts also recently issued reports about the stock. StockNews.com raised shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Wednesday, December 4th. KeyCorp raised their target price on shares of Lincoln Electric from $210.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Robert W. Baird dropped their price objective on shares of Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating for the company in a research note on Wednesday, September 4th. Finally, Stifel Nicolaus raised their target price on Lincoln Electric from $195.00 to $216.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Lincoln Electric has a consensus rating of “Moderate Buy” and a consensus price target of $225.17.

Lincoln Electric Price Performance

NASDAQ:LECO opened at $199.15 on Wednesday. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 23.76, a PEG ratio of 1.59 and a beta of 1.16. The company has a 50-day moving average of $205.01 and a 200-day moving average of $195.80. Lincoln Electric has a 52 week low of $169.51 and a 52 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.

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

Lincoln Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.00 annualized dividend and a yield of 1.51%. This is a positive change from Lincoln Electric’s previous quarterly dividend of $0.71. Lincoln Electric’s dividend payout ratio is currently 35.80%.

Institutional Trading of Lincoln Electric

A number of institutional investors have recently made changes to their positions in LECO. UMB Bank n.a. boosted its position in shares of Lincoln Electric by 97.9% during the third quarter. UMB Bank n.a. now owns 283 shares of the industrial products company’s stock valued at $54,000 after buying an additional 140 shares during the last quarter. Quarry LP raised its holdings in Lincoln Electric by 41.5% during the second quarter. Quarry LP now owns 300 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 88 shares during the period. Blue Trust Inc. lifted its holdings in Lincoln Electric by 308.5% in the 3rd quarter. Blue Trust Inc. now owns 335 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 253 shares in the last quarter. HM Payson & Co. purchased a new position in Lincoln Electric during the third quarter valued at $65,000. Finally, Covestor Ltd increased its holdings in shares of Lincoln Electric by 60.2% in the third quarter. Covestor Ltd now owns 423 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 79.61% of the company’s stock.

About Lincoln Electric

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.