Zacks Research Analysts Raise Earnings Estimates for LECO

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Investment analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of Lincoln Electric in a research report issued to clients and investors on Monday, June 8th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.70 for the quarter, up from their previous forecast of $2.69. The consensus estimate for Lincoln Electric’s current full-year earnings is $10.81 per share. Zacks Research also issued estimates for Lincoln Electric’s FY2026 earnings at $10.69 EPS, Q2 2027 earnings at $3.17 EPS, Q3 2027 earnings at $3.00 EPS, Q4 2027 earnings at $3.00 EPS and FY2027 earnings at $11.77 EPS.

Lincoln Electric (NASDAQ:LECO) last issued its earnings results on Thursday, April 30th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. Lincoln Electric had a return on equity of 39.33% and a net margin of 12.38%.The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the business earned $2.16 earnings per share. The company’s revenue was up 11.7% compared to the same quarter last year.

A number of other brokerages have also recently issued reports on LECO. Stifel Nicolaus set a $275.00 target price on Lincoln Electric in a report on Friday, May 1st. Wall Street Zen cut Lincoln Electric from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Jefferies Financial Group restated a “hold” rating and set a $280.00 target price (down from $350.00) on shares of Lincoln Electric in a report on Tuesday, March 31st. Robert W. Baird set a $330.00 target price on Lincoln Electric in a report on Friday, February 13th. Finally, Weiss Ratings upgraded Lincoln Electric from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $296.00.

Lincoln Electric Price Performance

Shares of LECO opened at $260.96 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 0.76. Lincoln Electric has a 1 year low of $199.13 and a 1 year high of $310.00. The stock has a market cap of $14.30 billion, a P/E ratio of 26.93, a price-to-earnings-growth ratio of 1.62 and a beta of 1.21. The stock’s 50-day moving average price is $258.80 and its two-hundred day moving average price is $258.98.

Hedge Funds Weigh In On Lincoln Electric

Several institutional investors have recently modified their holdings of LECO. Picton Mahoney Asset Management acquired a new position in shares of Lincoln Electric during the 3rd quarter worth approximately $1,031,000. Tudor Investment Corp ET AL increased its position in shares of Lincoln Electric by 3,475.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 51,307 shares of the industrial products company’s stock worth $12,100,000 after purchasing an additional 49,872 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Lincoln Electric during the 3rd quarter worth approximately $6,684,000. Azzad Asset Management Inc. ADV increased its holdings in shares of Lincoln Electric by 37.3% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,901 shares of the industrial products company’s stock worth $3,811,000 after acquiring an additional 4,317 shares during the last quarter. Finally, New York State Teachers Retirement System increased its holdings in shares of Lincoln Electric by 7.8% during the 4th quarter. New York State Teachers Retirement System now owns 64,631 shares of the industrial products company’s stock worth $15,488,000 after acquiring an additional 4,655 shares during the last quarter. Institutional investors own 79.61% of the company’s stock.

Lincoln Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 30th. Lincoln Electric’s payout ratio is 32.61%.

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.