Zacks Research Forecasts Lower Earnings for Lincoln Electric

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Analysts at Zacks Research reduced their Q2 2025 earnings estimates for shares of Lincoln Electric in a research note issued to investors on Wednesday, May 14th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $2.29 per share for the quarter, down from their prior estimate of $2.33. 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 Q3 2025 earnings at $2.18 EPS, Q4 2025 earnings at $2.34 EPS, FY2025 earnings at $8.97 EPS, Q2 2026 earnings at $2.49 EPS, Q3 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.52 EPS, FY2026 earnings at $9.74 EPS and FY2027 earnings at $10.16 EPS.

Lincoln Electric (NASDAQ:LECO) last announced its earnings results on Wednesday, April 30th. The industrial products company reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.06). Lincoln Electric had a return on equity of 40.19% and a net margin of 11.63%. The company had revenue of $365.45 million during the quarter, compared to analyst estimates of $974.39 million. During the same period in the previous year, the company posted $2.23 earnings per share. Lincoln Electric’s revenue for the quarter was up 2.4% on a year-over-year basis.

LECO has been the subject of a number of other reports. Robert W. Baird reduced their price objective on shares of Lincoln Electric from $242.00 to $212.00 and set an “outperform” rating for the company in a research note on Thursday, May 1st. KeyCorp reduced their price objective on shares of Lincoln Electric from $245.00 to $225.00 and set an “overweight” rating for the company in a research note on Thursday, May 1st. Barclays increased their price objective on shares of Lincoln Electric from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 18th. StockNews.com upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Friday, April 25th. Finally, Morgan Stanley upped their target price on shares of Lincoln Electric from $179.00 to $180.00 and gave the company an “underweight” rating in a report on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $216.17.

Lincoln Electric Trading Up 2.6%

Lincoln Electric stock opened at $203.01 on Friday. The firm has a 50-day moving average of $185.34 and a 200-day moving average of $195.62. Lincoln Electric has a one year low of $161.11 and a one year high of $229.00. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.87 and a quick ratio of 1.25. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 24.91, a P/E/G ratio of 1.51 and a beta of 1.18.

Lincoln Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.48%. Lincoln Electric’s payout ratio is 36.99%.

Insider Activity

In other Lincoln Electric news, CEO Steven B. Hedlund sold 21,054 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $215.47, for a total value of $4,536,505.38. Following the transaction, the chief executive officer now directly owns 54,660 shares of the company’s stock, valued at $11,777,590.20. This represents a 27.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.63% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LECO. Norges Bank bought a new position in Lincoln Electric in the 4th quarter valued at about $307,344,000. Champlain Investment Partners LLC bought a new position in Lincoln Electric in the 4th quarter valued at about $110,062,000. Raymond James Financial Inc. bought a new position in Lincoln Electric in the 4th quarter valued at about $92,117,000. Balyasny Asset Management L.P. raised its holdings in Lincoln Electric by 15,932.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 336,682 shares of the industrial products company’s stock valued at $63,118,000 after acquiring an additional 334,582 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Lincoln Electric by 22,146.5% in the 1st quarter. GAMMA Investing LLC now owns 291,874 shares of the industrial products company’s stock valued at $55,211,000 after acquiring an additional 290,562 shares during the period. 79.61% of the stock is owned by institutional investors.

Lincoln Electric Company Profile

Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States.