West Family Investments Inc. Invests $270,000 in Lincoln Electric Holdings, Inc. $LECO

Posted by Stanley Muller on Aug 22nd, 2026

West Family Investments Inc. acquired a new stake in Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 7,636 shares of the industrial products company’s stock, valued at approximately $270,000.

Other large investors have also modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in Lincoln Electric during the 4th quarter valued at $27,000. Summit Securities Group LLC purchased a new position in shares of Lincoln Electric during the fourth quarter valued at approximately $46,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Lincoln Electric during the second quarter worth approximately $48,000. Geneos Wealth Management Inc. grew its stake in Lincoln Electric by 980.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 255 shares during the period. Finally, United Community Bank purchased a new position in shares of Lincoln Electric during the 4th quarter worth $65,000. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Electric Price Performance

Shares of NASDAQ LECO opened at $281.82 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.98 and a debt-to-equity ratio of 0.74. Lincoln Electric Holdings, Inc. has a fifty-two week low of $216.22 and a fifty-two week high of $310.00. The business has a 50 day moving average price of $266.06 and a two-hundred day moving average price of $265.97. The firm has a market cap of $15.36 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20.

Lincoln Electric (NASDAQ:LECO – Get Free Report) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.81 by $0.12. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the business posted $2.60 EPS. The business’s revenue was up 12.0% on a year-over-year basis. Sell-side analysts expect that Lincoln Electric Holdings, Inc. will post 11.13 earnings per share for the current fiscal year.

Lincoln Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s dividend payout ratio is 31.57%.

Insiders Place Their Bets

In other news, EVP Michael J. Whitehead sold 845 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total value of $232,214.45. Following the sale, the executive vice president owned 9,319 shares in the company, valued at approximately $2,560,954.39. This represents a 8.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.68% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LECO has been the topic of several recent analyst reports. Barclays increased their price objective on shares of Lincoln Electric from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Morgan Stanley raised Lincoln Electric from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $257.00 to $283.00 in a research note on Monday, August 10th. Weiss Ratings upgraded Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 10th. Stifel Nicolaus set a $275.00 price objective on shares of Lincoln Electric in a research report on Friday, May 1st. Finally, Wall Street Zen raised shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $307.22.

View Our Latest Stock Analysis on Lincoln Electric

Lincoln Electric Company Profile

(Free Report)

Lincoln Electric Holdings, Inc (NASDAQ: LECO) is a global manufacturer and distributor of welding products, robotic welding systems, plasma and oxyfuel cutting equipment, and surface treatment systems. The company’s portfolio encompasses welding consumables such as electrodes and wires, as well as power sources, torches, and automated welding cells. Lincoln Electric also offers software solutions and training services designed to optimize productivity and quality in fabrication and manufacturing operations.

Founded in 1895 by John C.