Lincoln Electric (NASDAQ:LECO) Reaches New 12-Month High Following Better-Than-Expected Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) shares reached a new 52-week high during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $310.00 and last traded at $303.9820, with a volume of 411490 shares traded. The stock had previously closed at $290.50.

The industrial products company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.12. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. Lincoln Electric had a return on equity of 39.35% and a net margin of 12.30%.The company’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.57 earnings per share.

Key Stories Impacting Lincoln Electric

Here are the key news stories impacting Lincoln Electric this week:

• Positive Sentiment: Management laid out a clear long‑term target (over $6 billion in 2030 sales) tied to its RISE strategy, signaling structural revenue growth and scope for margin expansion over the next several years. Lincoln Electric targets over $6B in 2030 sales
• Positive Sentiment: Management emphasized automation and disciplined cost control as the drivers behind its guidance, which supports margin resilience even if volumes remain uneven. Investors looking for operating leverage may view this favorably. LECO Q4 Deep Dive: Automation and Cost Discipline
• Positive Sentiment: Reported results showed an EPS beat (company and several outlets report EPS above consensus) and management highlighted record revenue/EPS in the call — a signal of underlying profitability and strong return on equity. That supports valuations tied to earnings growth. LECO Q4 2025 Earnings Call Highlights
• Positive Sentiment: Several analyst pieces reiterate LECO as a long‑term growth story, pointing to RISE execution, recurring consumables revenue and aftermarket exposure as multi‑year tailwinds for sales and earnings. Why Lincoln Electric is a top growth stock
• Neutral Sentiment: Investors can read the full earnings transcript and slide deck for management detail on segmentation, working capital and buyback/capital allocation — useful for modeling but not news by itself. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue came in slightly below Street estimates (about $1.08B vs. ~$1.09B expected) and management flagged uneven volumes — factors that can trigger short‑term profit‑taking despite the EPS beat. Lincoln Electric misses Q4 sales expectations
• Negative Sentiment: GAAP results included special charges that reduced reported EPS versus adjusted figures; that can complicate headline comparisons and momentarily weigh sentiment. Company press release with Q4 results

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Roth Mkm restated a “buy” rating and issued a $297.00 price objective (up from $285.00) on shares of Lincoln Electric in a research note on Tuesday, February 3rd. Barclays boosted 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lincoln Electric in a research report on Thursday, January 22nd. Morgan Stanley lowered their target price on Lincoln Electric from $209.00 to $208.00 and set an “underweight” rating on the stock in a research note on Monday, January 12th. Finally, Wall Street Zen cut Lincoln Electric from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $297.50.

Hedge Funds Weigh In On Lincoln Electric

A number of large investors have recently modified their holdings of LECO. Quent Capital LLC purchased a new stake in shares of Lincoln Electric in the third quarter valued at approximately $27,000. Frazier Financial Advisors LLC lifted its holdings in Lincoln Electric by 3,700.0% in the third quarter. Frazier Financial Advisors LLC now owns 114 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 111 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Lincoln Electric during the 4th quarter worth $27,000. Root Financial Partners LLC acquired a new position in shares of Lincoln Electric during the 3rd quarter worth $31,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of Lincoln Electric by 82.4% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 155 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 70 shares in the last quarter. 79.61% of the stock is owned by hedge funds and other institutional investors.

Lincoln Electric Price Performance

The stock has a market cap of $16.16 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 1.85 and a beta of 1.26. The company’s 50 day moving average is $257.82 and its 200 day moving average is $244.27. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.82 and a quick ratio of 1.07.

About Lincoln Electric

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.