Zacks Research Analysts Raise Earnings Estimates for LECO

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Zacks Research lifted their Q3 2026 earnings estimates for Lincoln Electric in a research note issued on Thursday, February 26th. Zacks Research analyst Team now expects that the industrial products company will earn $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 released its earnings results on Thursday, February 12th. The industrial products company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.53 by $0.12. Lincoln Electric had a net margin of 12.30% and a return on equity of 39.35%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm earned $2.57 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year.

A number of other equities research analysts also recently weighed in on LECO. Robert W. Baird set a $330.00 target price on Lincoln Electric in a report on Friday, February 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Lincoln Electric in a research report on Thursday, January 22nd. Roth Mkm reiterated a “buy” rating and issued a $297.00 target price (up from $285.00) on shares of Lincoln Electric in a research report on Tuesday, February 3rd. Wall Street Zen downgraded Lincoln Electric from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, KeyCorp raised their price target on shares of Lincoln Electric from $280.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Lincoln Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $302.83.

Lincoln Electric Stock Performance

Shares of NASDAQ:LECO opened at $287.05 on Monday. Lincoln Electric has a 1 year low of $161.11 and a 1 year high of $310.00. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 30.80, a price-to-earnings-growth ratio of 1.78 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. The company’s 50 day simple moving average is $266.45 and its 200 day simple moving average is $247.71.

Lincoln Electric Announces Dividend

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

Institutional Investors Weigh In On Lincoln Electric

A number of institutional investors have recently added to or reduced their stakes in LECO. Victory Capital Management Inc. raised its stake in shares of Lincoln Electric by 4.1% during the third quarter. Victory Capital Management Inc. now owns 1,850,816 shares of the industrial products company’s stock valued at $436,478,000 after acquiring an additional 72,826 shares during the last quarter. Norges Bank acquired a new stake in Lincoln Electric in the fourth quarter valued at $415,155,000. JPMorgan Chase & Co. raised its position in Lincoln Electric by 5.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,558,783 shares of the industrial products company’s stock worth $323,167,000 after purchasing an additional 83,035 shares during the last quarter. Geode Capital Management LLC raised its position in Lincoln Electric by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,306,641 shares of the industrial products company’s stock worth $313,175,000 after purchasing an additional 6,070 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in Lincoln Electric by 5,862.4% during the 4th quarter. M&T Bank Corp now owns 1,271,364 shares of the industrial products company’s stock worth $304,670,000 after buying an additional 1,250,041 shares during the period. 79.61% of the stock is owned by institutional investors.

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.