Lincoln Electric (LECO) Stock Price, News & Analysis

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln Electric in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LECO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LECO, but not buy additional shares or sell existing shares.
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8 analysts have issued 1-year price objectives for Lincoln Electric's stock. Their LECO share price targets range from $170.00 to $280.00. On average, they expect the company's stock price to reach $210.25 in the next year. This suggests that the stock has a possible downside of 12.0%.
View analysts price targets for LECO or view top-rated stocks among Wall Street analysts.

Lincoln Electric's stock was trading at $217.46 at the start of the year. Since then, LECO stock has increased by 9.9% and is now trading at $238.88.
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Lincoln Electric saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,030,000 shares, a decline of 17.6% from the March 15th total of 1,250,000 shares. Based on an average daily volume of 283,200 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.9% of the company's shares are sold short.
View Lincoln Electric's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our LECO earnings forecast.

Lincoln Electric will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) posted its quarterly earnings results on Thursday, February, 15th. The industrial products company reported $2.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.26. The industrial products company earned $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. Lincoln Electric had a net margin of 13.01% and a trailing twelve-month return on equity of 45.09%. The firm's revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.94 earnings per share.

Lincoln Electric announced a quarterly dividend on Tuesday, February 20th. Shareholders of record on Sunday, March 31st will be paid a dividend of $0.71 per share on Monday, April 15th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for LECO.

Lincoln Electric (NASDAQ:LECO) pays an annual dividend of $2.84 per share and currently has a dividend yield of 1.19%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LECO will have a dividend payout ratio of 27.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LECO.

ETFs with the largest weight of Lincoln Electric (NASDAQ:LECO) stock in their portfolio include Tema American Reshoring ETF (RSHO), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Opus Small Cap Value Plus ETF (OSCV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Logan Capital Broad Innovative Growth ETF (LCLG), 3D Printing ETF (PRNT) and Invesco S&P MidCap Momentum ETF (XMMO).

113 employees have rated Lincoln Electric Chief Executive Officer Christopher L. Mapes on Glassdoor.com. Christopher L. Mapes has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lincoln Electric investors own include Energy Transfer (ET), Boeing (BA), NVIDIA (NVDA), Activision Blizzard (ATVI), Gilead Sciences (GILD), Intel (INTC), Procter & Gamble (PG), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and AT&T (T).

Lincoln Electric's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Massmutual Trust Co. FSB ADV (0.13%), Bank of New Hampshire (0.03%), Fulton Bank N.A. (0.01%), Marcum Wealth LLC (0.01%), First Hawaiian Bank (0.01%) and Martin Capital Partners LLC (0.01%). Insiders that own company stock include Christopher L Mapes, Gabriel Bruno, Geoffrey P Allman, Gregory Doria, Jennifer I Ansberry, Jennifer I Ansberry, Kathryn Jo Lincoln, Michael J Whitehead, Michele R Kuhrt, Peter M Pletcher and Steven B Hedlund.
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Shares of LECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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