William Blair Has Pessimistic View of Lindsay Q1 Earnings

Lindsay Corporation (NYSE:LNN) – Equities research analysts at William Blair lowered their Q1 2026 earnings estimates for shares of Lindsay in a report released on Monday, October 27th. William Blair analyst B. Drab now forecasts that the industrial products company will post earnings of $1.20 per share for the quarter, down from their prior estimate of $1.67. The consensus estimate for Lindsay’s current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay’s Q3 2026 earnings at $2.03 EPS.

A number of other analysts have also recently commented on LNN. Stifel Nicolaus set a $122.00 price target on Lindsay in a research report on Friday, October 24th. Wall Street Zen downgraded Lindsay from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lindsay in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $122.00.

Lindsay Stock Performance

Shares of LNN opened at $110.00 on Thursday. The company has a quick ratio of 2.76, a current ratio of 3.71 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average price is $134.67 and its 200-day moving average price is $135.97. Lindsay has a 52 week low of $108.70 and a 52 week high of $150.96. The stock has a market cap of $1.19 billion, a P/E ratio of 16.22 and a beta of 0.82.

Lindsay (NYSE:LNN) last posted its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.05). Lindsay had a return on equity of 14.33% and a net margin of 10.95%.The business had revenue of $153.56 million for the quarter, compared to the consensus estimate of $156.91 million. During the same period in the previous year, the firm earned $1.17 EPS. The company’s revenue was down .9% on a year-over-year basis.

Lindsay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 14th. Lindsay’s dividend payout ratio is presently 21.83%.

Insider Activity

In other news, Director Robert E. Brunner sold 1,856 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $142.08, for a total transaction of $263,700.48. Following the transaction, the director directly owned 3,274 shares of the company’s stock, valued at $465,169.92. This represents a 36.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lindsay

Hedge funds and other institutional investors have recently bought and sold shares of the stock. USA Financial Formulas bought a new position in Lindsay during the 2nd quarter valued at about $26,000. Banque Cantonale Vaudoise bought a new position in Lindsay during the first quarter valued at approximately $31,000. State of Wyoming bought a new position in Lindsay during the first quarter valued at approximately $52,000. GAMMA Investing LLC lifted its position in Lindsay by 55.8% during the first quarter. GAMMA Investing LLC now owns 430 shares of the industrial products company’s stock valued at $54,000 after purchasing an additional 154 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ bought a new position in Lindsay during the second quarter valued at approximately $159,000. Institutional investors own 89.94% of the company’s stock.

About Lindsay

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.