Seaport Res Ptn Issues Pessimistic Outlook for LECO Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Investment analysts at Seaport Res Ptn reduced their Q1 2025 earnings estimates for shares of Lincoln Electric in a note issued to investors on Friday, February 14th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $2.09 per share for the quarter, down from their prior forecast of $2.24. The consensus estimate for Lincoln Electric’s current full-year earnings is $8.72 per share. Seaport Res Ptn also issued estimates for Lincoln Electric’s Q2 2025 earnings at $2.25 EPS, Q3 2025 earnings at $2.42 EPS, FY2025 earnings at $9.45 EPS, Q2 2026 earnings at $2.45 EPS and FY2026 earnings at $10.30 EPS.

LECO has been the subject of several other research reports. Stifel Nicolaus reduced their target price on shares of Lincoln Electric from $216.00 to $211.00 and set a “hold” rating for the company in a research note on Friday, January 24th. StockNews.com raised shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research report on Wednesday, December 4th. KeyCorp lifted their target price on shares of Lincoln Electric from $230.00 to $245.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Barclays boosted their target price on Lincoln Electric from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $233.60.

Lincoln Electric Trading Up 1.4 %

NASDAQ LECO opened at $216.81 on Monday. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $194.71 and a 200 day simple moving average of $195.93. Lincoln Electric has a 12 month low of $169.51 and a 12 month high of $261.13. The firm has a market capitalization of $12.23 billion, a P/E ratio of 25.87, a PEG ratio of 1.40 and a beta of 1.18.

Lincoln Electric (NASDAQ:LECO) last issued its quarterly earnings data on Thursday, February 13th. The industrial products company reported $2.57 EPS for the quarter, topping the consensus estimate of $2.03 by $0.54. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $995.94 million. Lincoln Electric had a return on equity of 40.03% and a net margin of 11.93%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of LECO. Vanguard Group Inc. lifted its stake in Lincoln Electric by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 5,601,734 shares of the industrial products company’s stock valued at $1,050,157,000 after purchasing an additional 18,805 shares during the last quarter. State Street Corp lifted its position in shares of Lincoln Electric by 12.9% during the 3rd quarter. State Street Corp now owns 2,462,232 shares of the industrial products company’s stock valued at $474,527,000 after buying an additional 280,466 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Lincoln Electric by 15.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,735,527 shares of the industrial products company’s stock worth $325,359,000 after acquiring an additional 234,515 shares during the period. Norges Bank purchased a new stake in Lincoln Electric in the 4th quarter worth about $307,344,000. Finally, Geode Capital Management LLC raised its stake in Lincoln Electric by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 1,235,582 shares of the industrial products company’s stock valued at $231,691,000 after acquiring an additional 31,033 shares during the period. 79.61% of the stock is owned by institutional investors.

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.