Equities Analysts Offer Predictions for LECO Q3 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Stock analysts at Zacks Research upped their Q3 2025 earnings per share estimates for Lincoln Electric in a research note issued to investors on Monday, December 16th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $2.33 per share for the quarter, up from their previous forecast of $2.31. The consensus estimate for Lincoln Electric’s current full-year earnings is $8.75 per share.

Lincoln Electric (NASDAQ:LECO) last announced its quarterly earnings results on Thursday, October 31st. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.09. Lincoln Electric had a return on equity of 40.03% and a net margin of 11.93%. The firm had revenue of $983.76 million for the quarter, compared to the consensus estimate of $988.07 million. During the same period in the prior year, the company posted $2.40 earnings per share. The company’s quarterly revenue was down 4.8% on a year-over-year basis.

Several other equities analysts have also recently weighed in on the company. Stifel Nicolaus raised their price target on Lincoln Electric from $195.00 to $216.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. KeyCorp lifted their target price on Lincoln Electric from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Robert W. Baird dropped their target price on Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 4th. Finally, StockNews.com raised Lincoln Electric from a “hold” rating to a “buy” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $225.17.

Lincoln Electric Price Performance

Shares of NASDAQ:LECO opened at $199.15 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.85 and a quick ratio of 1.20. The firm’s 50 day simple moving average is $205.01 and its two-hundred day simple moving average is $195.80. The company has a market capitalization of $11.24 billion, a P/E ratio of 23.76, a P/E/G ratio of 1.59 and a beta of 1.16. Lincoln Electric has a 1-year low of $169.51 and a 1-year high of $261.13.

Lincoln Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.51%. This is a boost from Lincoln Electric’s previous quarterly dividend of $0.71. The ex-dividend date is Tuesday, December 31st. Lincoln Electric’s dividend payout ratio (DPR) is 35.80%.

Institutional Investors Weigh In On Lincoln Electric

A number of hedge funds and other institutional investors have recently made changes to their positions in LECO. Elios Financial Group Inc. acquired a new stake in Lincoln Electric during the third quarter worth about $999,000. Westfield Capital Management Co. LP raised its position in shares of Lincoln Electric by 3.5% in the 3rd quarter. Westfield Capital Management Co. LP now owns 237,935 shares of the industrial products company’s stock valued at $45,688,000 after purchasing an additional 7,962 shares in the last quarter. Vestcor Inc increased its position in shares of Lincoln Electric by 85.5% in the 3rd quarter. Vestcor Inc now owns 8,180 shares of the industrial products company’s stock worth $1,571,000 after purchasing an additional 3,771 shares during the last quarter. Bridges Investment Management Inc. bought a new position in Lincoln Electric during the second quarter worth $834,000. Finally, Renaissance Technologies LLC bought a new position in shares of Lincoln Electric in the 2nd quarter worth about $3,042,000. Hedge funds and other institutional investors own 79.61% of the company’s stock.

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.