Roth Capital Has Negative Forecast for LECO FY2025 Earnings

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) – Research analysts at Roth Capital decreased their FY2025 earnings estimates for Lincoln Electric in a research report issued on Friday, October 31st. Roth Capital analyst T. Hayes now forecasts that the industrial products company will post earnings of $9.73 per share for the year, down from their prior forecast of $9.80. Roth Capital currently has a “Buy” rating and a $285.00 target price on the stock. The consensus estimate for Lincoln Electric’s current full-year earnings is $9.36 per share. Roth Capital also issued estimates for Lincoln Electric’s Q4 2025 earnings at $2.51 EPS, Q1 2026 earnings at $2.45 EPS, Q2 2026 earnings at $2.93 EPS, Q3 2026 earnings at $2.70 EPS, Q4 2026 earnings at $2.86 EPS and FY2026 earnings at $10.94 EPS.

Other research analysts also recently issued reports about the stock. Barclays boosted their target price on shares of Lincoln Electric from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Lincoln Electric in a research report on Wednesday, October 8th. Stifel Nicolaus boosted their target price on shares of Lincoln Electric from $250.00 to $265.00 and gave the company a “hold” rating in a research report on Friday, October 31st. Wall Street Zen upgraded shares of Lincoln Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Finally, KeyCorp boosted their target price on shares of Lincoln Electric from $250.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $247.00.

Lincoln Electric Stock Performance

LECO opened at $225.07 on Monday. Lincoln Electric has a 12-month low of $161.11 and a 12-month high of $249.19. The company has a current ratio of 1.68, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $12.42 billion, a PE ratio of 25.29, a P/E/G ratio of 1.61 and a beta of 1.20. The firm has a 50 day moving average of $238.00 and a two-hundred day moving average of $220.24.

Lincoln Electric (NASDAQ:LECO) last posted its quarterly earnings results on Thursday, October 30th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.08. Lincoln Electric had a net margin of 12.27% and a return on equity of 39.79%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the firm posted $2.14 EPS. Lincoln Electric’s revenue for the quarter was up 7.8% compared to the same quarter last year.

Lincoln Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.16 annualized dividend and a yield of 1.4%. This is a boost from Lincoln Electric’s previous quarterly dividend of $0.75. Lincoln Electric’s dividend payout ratio is currently 33.83%.

Insider Buying and Selling at Lincoln Electric

In other news, CEO Steven B. Hedlund sold 12,387 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $243.36, for a total value of $3,014,500.32. Following the completion of the sale, the chief executive officer owned 55,866 shares of the company’s stock, valued at $13,595,549.76. This represents a 18.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Michael J. Whitehead sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $233.23, for a total transaction of $233,230.00. Following the completion of the sale, the senior vice president directly owned 9,177 shares of the company’s stock, valued at approximately $2,140,351.71. This trade represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,692 shares of company stock worth $5,745,148 in the last 90 days. 2.63% of the stock is currently owned by insiders.

Institutional Trading of Lincoln Electric

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC acquired a new position in shares of Lincoln Electric in the first quarter valued at approximately $261,000. Meiji Yasuda Asset Management Co Ltd. increased its position in Lincoln Electric by 20.1% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,841 shares of the industrial products company’s stock worth $4,131,000 after purchasing an additional 3,658 shares during the last quarter. Millennium Management LLC increased its position in Lincoln Electric by 195.2% during the first quarter. Millennium Management LLC now owns 223,025 shares of the industrial products company’s stock worth $42,187,000 after purchasing an additional 147,483 shares during the last quarter. Royal Bank of Canada increased its position in Lincoln Electric by 2.1% during the first quarter. Royal Bank of Canada now owns 54,709 shares of the industrial products company’s stock worth $10,349,000 after purchasing an additional 1,143 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Lincoln Electric by 153.1% during the first quarter. Jane Street Group LLC now owns 58,993 shares of the industrial products company’s stock worth $11,159,000 after purchasing an additional 35,682 shares during the last quarter. Hedge funds and other institutional investors own 79.61% of the company’s stock.

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.