Zacks Research Issues Positive Forecast for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Investment analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Lincoln Electric in a report released on Thursday, February 26th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.63 per share for the quarter, up from their previous forecast of $2.60. Zacks Research has a “Hold” rating on the stock. 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 Q1 2027 earnings at $2.53 EPS, Q2 2027 earnings at $2.92 EPS, Q3 2027 earnings at $2.88 EPS, Q4 2027 earnings at $2.90 EPS, FY2027 earnings at $11.23 EPS and FY2028 earnings at $11.73 EPS.

Lincoln Electric (NASDAQ:LECO) last posted its quarterly earnings results on Thursday, February 12th. The industrial products company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.12. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Lincoln Electric had a net margin of 12.30% and a return on equity of 39.35%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.57 earnings per share.

LECO has been the subject of a number of other research reports. KeyCorp raised their price objective on shares of Lincoln Electric from $280.00 to $340.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Morgan Stanley set a $240.00 target price on Lincoln Electric and gave the stock an “underweight” rating in a research report on Tuesday, February 17th. Barclays upped their price target on Lincoln Electric from $280.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Wall Street Zen lowered Lincoln Electric from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Roth Mkm reiterated a “buy” rating and issued a $297.00 target price (up from $285.00) on shares of Lincoln Electric in a report on Tuesday, February 3rd. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $302.83.

Lincoln Electric Stock Performance

Shares of LECO opened at $280.08 on Monday. The company has a 50-day moving average of $267.99 and a two-hundred day moving average of $248.31. The stock has a market cap of $15.35 billion, a price-to-earnings ratio of 30.05, a PEG ratio of 1.79 and a beta of 1.24. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.82 and a quick ratio of 1.16. Lincoln Electric has a one year low of $161.11 and a one year high of $310.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LECO. Norges Bank bought a new stake in shares of Lincoln Electric in the fourth quarter valued at approximately $415,155,000. M&T Bank Corp grew its stake in shares of Lincoln Electric by 5,862.4% in the 4th quarter. M&T Bank Corp now owns 1,271,364 shares of the industrial products company’s stock valued at $304,670,000 after purchasing an additional 1,250,041 shares during the period. Boston Partners acquired a new position in shares of Lincoln Electric in the 2nd quarter worth approximately $141,550,000. William Blair Investment Management LLC bought a new position in shares of Lincoln Electric during the 4th quarter worth approximately $146,135,000. Finally, AQR Capital Management LLC boosted its stake in 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 valued at $123,691,000 after buying an additional 486,090 shares in the last quarter. Institutional investors own 79.61% of the company’s stock.

Lincoln Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.79 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.1%. Lincoln Electric’s payout ratio is currently 33.91%.

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.