Lincoln Electric (NASDAQ:LECO) Cut to Hold at Wall Street Zen

Posted by Brian Himes on Sep 15th, 2026

Wall Street Zen cut shares of Lincoln Electric (NASDAQ:LECO – Free Report) from a buy rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Several other research firms have also recently commented on LECO. Morgan Stanley raised Lincoln Electric from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $257.00 to $283.00 in a research note on Monday, August 10th. DA Davidson began coverage on Lincoln Electric in a report on Tuesday, June 16th. They issued a “buy” rating and a $320.00 price target on the stock. Weiss Ratings upgraded Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 10th. Finally, UBS Group assumed coverage on Lincoln Electric in a report on Monday, August 10th. They set a “buy” rating and a $340.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $307.22.

View Our Latest Stock Report on LECO

Lincoln Electric Price Performance

Shares of LECO stock opened at $251.26 on Friday. Lincoln Electric has a 1 year low of $216.22 and a 1 year 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’s 50 day moving average is $268.02 and its 200-day moving average is $264.25. The firm has a market capitalization of $13.70 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 1.51 and a beta of 1.21.

Lincoln Electric (NASDAQ:LECO – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.12. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the business posted $2.60 earnings per share. Lincoln Electric’s revenue for the quarter was up 12.0% compared to the same quarter last year. Sell-side analysts forecast that Lincoln Electric will post 11.16 EPS for the current fiscal year.

Lincoln Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.79 per share. The ex-dividend date is Wednesday, September 30th. This represents a $3.16 dividend on an annualized basis and a yield of 1.3%. Lincoln Electric’s dividend payout ratio (DPR) is 31.57%.

Institutional Trading of Lincoln Electric

A number of hedge funds have recently modified their holdings of the company. Tidal Investments LLC raised its position in Lincoln Electric by 31.1% in the 2nd quarter. Tidal Investments LLC now owns 1,163 shares of the industrial products company’s stock valued at $309,000 after buying an additional 276 shares during the last quarter. NewEdge Advisors LLC boosted its position in Lincoln Electric by 403.4% during the 2nd quarter. NewEdge Advisors LLC now owns 21,388 shares of the industrial products company’s stock worth $5,679,000 after acquiring an additional 17,139 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Lincoln Electric by 20.1% in the second quarter. Allworth Financial LP now owns 5,565 shares of the industrial products company’s stock valued at $1,478,000 after purchasing an additional 933 shares during the last quarter. Nykredit A S acquired a new stake in shares of Lincoln Electric in the second quarter valued at approximately $578,000. Finally, VELA Investment Management LLC lifted its position in shares of Lincoln Electric by 0.3% in the second quarter. VELA Investment Management LLC now owns 34,079 shares of the industrial products company’s stock worth $9,048,000 after purchasing an additional 111 shares in the last quarter. 79.61% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Electric Company Profile

(Get Free Report)

Lincoln Electric Holdings, Inc (NASDAQ: LECO) is a Cleveland, Ohio-based manufacturer of welding, cutting and automation products. Founded in 1895 by John C. Lincoln, the company serves industrial, construction, energy, transportation and other end markets that use fabrication and joining technologies.

Its product portfolio includes arc-welding machines, welding consumables such as electrodes and wire, plasma and oxyfuel cutting equipment, robotic welding systems, and related automation solutions.