Zacks Research Issues Optimistic Outlook for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Equities researchers at Zacks Research boosted their Q3 2025 EPS estimates for shares of Lincoln Electric in a note issued to investors on Tuesday, October 21st. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.35 per share for the quarter, up from their previous forecast of $2.29. The consensus estimate for Lincoln Electric’s current full-year earnings is $9.36 per share. Zacks Research also issued estimates for Lincoln Electric’s Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $9.60 EPS, Q1 2026 earnings at $2.36 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $2.64 EPS, FY2026 earnings at $10.20 EPS, Q1 2027 earnings at $2.57 EPS, Q2 2027 earnings at $2.79 EPS, Q3 2027 earnings at $2.68 EPS and FY2027 earnings at $10.81 EPS.

Several other research firms also recently weighed in on LECO. Wall Street Zen raised shares of Lincoln Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Lincoln Electric in a research report on Wednesday, October 8th. KeyCorp boosted their target price on shares of Lincoln Electric from $250.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Stifel Nicolaus boosted their target price on shares of Lincoln Electric from $236.00 to $250.00 and gave the stock a “hold” rating in a research report on Friday, August 1st. Finally, Roth Capital assumed coverage on shares of Lincoln Electric in a research report on Friday, September 5th. They issued a “buy” rating and a $279.00 target price for the company. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Lincoln Electric has a consensus rating of “Moderate Buy” and an average target price of $243.50.

Lincoln Electric Stock Performance

Lincoln Electric stock opened at $242.95 on Wednesday. Lincoln Electric has a 12-month low of $161.11 and a 12-month high of $249.19. The company has a market capitalization of $13.41 billion, a price-to-earnings ratio of 27.30, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.68 and a quick ratio of 1.08. The firm’s fifty day moving average price is $239.03 and its 200 day moving average price is $215.48.

Lincoln Electric (NASDAQ:LECO) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.28. Lincoln Electric had a net margin of 12.27% and a return on equity of 39.79%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the firm posted $2.34 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Lincoln Electric in the 2nd quarter worth approximately $354,063,000. Boston Partners acquired a new stake in shares of Lincoln Electric in the 2nd quarter worth approximately $141,550,000. AQR Capital Management LLC lifted its stake in shares of Lincoln Electric by 439.8% in the 2nd quarter. AQR Capital Management LLC now owns 596,617 shares of the industrial products company’s stock worth $123,691,000 after acquiring an additional 486,090 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Lincoln Electric by 16.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,351,223 shares of the industrial products company’s stock worth $255,597,000 after acquiring an additional 188,104 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Lincoln Electric in the 1st quarter worth approximately $28,548,000. 79.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Lincoln Electric news, EVP Gabriel Bruno sold 7,305 shares of the business’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $242.42, for a total transaction of $1,770,878.10. Following the completion of the transaction, the executive vice president directly owned 29,927 shares of the company’s stock, valued at $7,254,903.34. The trade was a 19.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Michael J. Whitehead sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $233.23, for a total transaction of $233,230.00. Following the transaction, the senior vice president directly owned 9,177 shares of the company’s stock, valued at $2,140,351.71. The trade was a 9.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,692 shares of company stock valued at $5,745,148. Company insiders own 2.41% of the company’s stock.

Lincoln Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Lincoln Electric’s previous quarterly dividend of $0.75. Lincoln Electric’s dividend payout ratio (DPR) is presently 33.71%.

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.