Q3 EPS Forecast for Lincoln Electric Increased by Analyst

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Analysts at Zacks Research boosted their Q3 2025 EPS estimates for shares of Lincoln Electric in a research note issued on Thursday, August 14th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $2.29 for the quarter, up from their previous estimate of $2.18. 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 Q4 2025 earnings at $2.37 EPS, FY2025 earnings at $9.43 EPS, Q2 2026 earnings at $2.56 EPS, FY2026 earnings at $9.88 EPS, Q1 2027 earnings at $2.55 EPS, Q2 2027 earnings at $2.76 EPS and FY2027 earnings at $10.62 EPS.

Lincoln Electric (NASDAQ:LECO) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.28. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.04 billion. Lincoln Electric had a net margin of 12.27% and a return on equity of 39.79%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.34 EPS.

Several other brokerages also recently commented on LECO. Morgan Stanley raised their price objective on shares of Lincoln Electric from $179.00 to $180.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 6th. Wall Street Zen raised shares of Lincoln Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. 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 report on Thursday, May 1st. KeyCorp raised their price objective on shares of Lincoln Electric from $250.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus raised their price objective on shares of Lincoln Electric from $236.00 to $250.00 and gave the stock a “hold” rating in a research report on Friday, August 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Lincoln Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.40.

Lincoln Electric Stock Performance

Shares of LECO stock opened at $237.27 on Monday. The company has a market cap of $13.09 billion, a price-to-earnings ratio of 26.66, a price-to-earnings-growth ratio of 1.66 and a beta of 1.21. Lincoln Electric has a 52 week low of $161.11 and a 52 week high of $246.83. The company has a quick ratio of 1.08, a current ratio of 1.68 and a debt-to-equity ratio of 0.83. The firm has a 50 day moving average of $220.69 and a 200-day moving average of $202.02.

Hedge Funds Weigh In On Lincoln Electric

Several large investors have recently bought and sold shares of LECO. Russell Investments Group Ltd. lifted its stake in Lincoln Electric by 2.2% during the 4th quarter. Russell Investments Group Ltd. now owns 6,120 shares of the industrial products company’s stock valued at $1,147,000 after acquiring an additional 130 shares in the last quarter. Barclays PLC lifted its stake in Lincoln Electric by 85.2% during the 4th quarter. Barclays PLC now owns 49,789 shares of the industrial products company’s stock valued at $9,334,000 after acquiring an additional 22,899 shares in the last quarter. Mariner LLC lifted its stake in Lincoln Electric by 2.1% during the 4th quarter. Mariner LLC now owns 6,952 shares of the industrial products company’s stock valued at $1,303,000 after acquiring an additional 140 shares in the last quarter. First Trust Advisors LP lifted its stake in Lincoln Electric by 11.6% during the 4th quarter. First Trust Advisors LP now owns 726,112 shares of the industrial products company’s stock valued at $136,124,000 after acquiring an additional 75,651 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Lincoln Electric by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 535,434 shares of the industrial products company’s stock valued at $100,384,000 after acquiring an additional 3,164 shares in the last quarter. 79.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Lincoln Electric

In related news, EVP Jennifer I. Ansberry sold 3,000 shares of Lincoln Electric stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $242.18, for a total value of $726,540.00. Following the completion of the sale, the executive vice president owned 19,173 shares of the company’s stock, valued at approximately $4,643,317.14. This trade represents a 13.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Gabriel Bruno sold 7,305 shares of Lincoln Electric stock in a transaction on Friday, August 8th. The shares were sold at an average price of $242.42, for a total transaction of $1,770,878.10. Following the completion of the sale, the executive vice president directly owned 29,927 shares of the company’s stock, valued at approximately $7,254,903.34. The trade was a 19.62% decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.41% of the company’s stock.

Lincoln Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $3.00 annualized dividend and a yield of 1.3%. Lincoln Electric’s dividend payout ratio (DPR) is presently 33.71%.

About Lincoln Electric

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.