K.J. Harrison & Partners Inc Grows Stock Position in Lincoln Electric Holdings, Inc. $LECO

Posted by Stanley Muller on Jul 5th, 2026

K.J. Harrison & Partners Inc grew its holdings in Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) by 71.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,000 shares of the industrial products company’s stock after acquiring an additional 5,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Lincoln Electric were worth $2,989,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Elyxium Wealth LLC purchased a new position in shares of Lincoln Electric in the 4th quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new stake in Lincoln Electric in the 4th quarter worth approximately $46,000. Geneos Wealth Management Inc. grew its position in Lincoln Electric by 980.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 255 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Lincoln Electric during the 4th quarter valued at approximately $64,000. Finally, United Community Bank acquired a new position in Lincoln Electric during the 4th quarter valued at approximately $65,000. Institutional investors and hedge funds own 79.61% of the company’s stock.

Lincoln Electric Price Performance

LECO stock opened at $258.43 on Friday. Lincoln Electric Holdings, Inc. has a 12 month low of $213.71 and a 12 month high of $310.00. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average of $263.97 and a two-hundred day moving average of $262.51. The company has a market cap of $14.16 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.59 and a beta of 1.20.

Lincoln Electric (NASDAQ:LECO – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.07 billion. Lincoln Electric had a net margin of 12.38% and a return on equity of 39.33%. Lincoln Electric’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.16 earnings per share. As a group, analysts forecast that Lincoln Electric Holdings, Inc. will post 10.82 earnings per share for the current fiscal year.

Lincoln Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Lincoln Electric’s dividend payout ratio is 32.61%.

Analysts Set New Price Targets

Several research firms have recently commented on LECO. Wall Street Zen downgraded shares of Lincoln Electric from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Barclays upped their target price on Lincoln Electric from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Morgan Stanley restated an “underweight” rating and issued a $250.00 target price on shares of Lincoln Electric in a research note on Monday, May 4th. Jefferies Financial Group reaffirmed a “hold” rating and set a $280.00 price target (down from $350.00) on shares of Lincoln Electric in a research report on Tuesday, March 31st. Finally, Weiss Ratings upgraded Lincoln Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, April 16th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lincoln Electric presently has a consensus rating of “Hold” and an average price target of $299.00.

Read Our Latest Stock Analysis on Lincoln Electric

Insider Buying and Selling at Lincoln Electric

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

Lincoln Electric 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.