Caisse de depot et placement du Quebec Makes New $26.15 Million Investment in Lincoln Electric Holdings, Inc. $LECO

Posted by Brenda Bartman on Aug 29th, 2026

Caisse de depot et placement du Quebec acquired a new stake in Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 739,692 shares of the industrial products company’s stock, valued at approximately $26,148,000. Caisse de depot et placement du Quebec owned 1.36% of Lincoln Electric at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. BlackRock Inc. acquired a new stake in Lincoln Electric during the 2nd quarter worth $656,165,000. Diamant Asset Management Inc. grew its holdings in shares of Lincoln Electric by 24,685.8% during the first quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company’s stock worth $956,360,000 after buying an additional 3,824,077 shares during the last quarter. Norges Bank acquired a new position in Lincoln Electric in the 4th quarter valued at about $415,155,000. Hsbc Holdings PLC acquired a new position in Lincoln Electric in the 2nd quarter valued at about $52,700,000. Finally, Geode Capital Management LLC raised its stake in Lincoln Electric by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,306,641 shares of the industrial products company’s stock valued at $313,175,000 after acquiring an additional 6,070 shares during the last quarter. 79.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on LECO. DA Davidson assumed coverage on Lincoln Electric in a research note on Tuesday, June 16th. They issued a “buy” rating and a $320.00 target price on the stock. UBS Group assumed coverage on shares of Lincoln Electric in a research note on Monday, August 10th. They issued a “buy” rating and a $340.00 price objective on the stock. Stifel Nicolaus set a $275.00 price objective on shares of Lincoln Electric in a research report on Friday, May 1st. Weiss Ratings raised shares of Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 10th. Finally, Wall Street Zen upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Lincoln Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $307.22.

Get Our Latest Report on Lincoln Electric

Insider Activity at Lincoln Electric

In related news, EVP Michael J. Whitehead sold 845 shares of the 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 directly owned 9,319 shares of the company’s stock, valued at approximately $2,560,954.39. This represents a 8.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.68% of the stock is owned by corporate insiders.

Lincoln Electric Trading Down 1.7%

Shares of LECO opened at $284.89 on Friday. Lincoln Electric Holdings, Inc. has a twelve month low of $216.22 and a twelve month high of $310.00. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $15.53 billion, a P/E ratio of 28.46, a PEG ratio of 1.74 and a beta of 1.20. The firm’s 50-day moving average is $267.37 and its two-hundred day moving average is $266.10.

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

Lincoln Electric Dividend Announcement

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

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.