Lindsay (NYSE:LNN) Shares Gap Down – Here’s What Happened

Posted by Stanley Muller on Jul 22nd, 2026

Lindsay Corporation (NYSE:LNN – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $115.54, but opened at $112.30. Lindsay shares last traded at $113.5040, with a volume of 30,611 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on LNN shares. Weiss Ratings lowered shares of Lindsay from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 21st. Zacks Research raised shares of Lindsay from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Finally, Stifel Nicolaus reduced their price objective on shares of Lindsay from $128.00 to $113.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $113.00.

Check Out Our Latest Stock Report on LNN

Lindsay Stock Performance

The stock’s 50-day moving average price is $114.45 and its 200 day moving average price is $118.98. The company has a quick ratio of 2.04, a current ratio of 2.93 and a debt-to-equity ratio of 0.23. The company has a market cap of $1.14 billion, a P/E ratio of 21.51 and a beta of 0.69.

Lindsay (NYSE:LNN – Get Free Report) last posted its earnings results on Thursday, July 2nd. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.39. The business had revenue of $160.76 million for the quarter, compared to analyst estimates of $157.80 million. Lindsay had a net margin of 8.79% and a return on equity of 10.73%. Lindsay’s revenue was down 5.2% compared to the same quarter last year. During the same period last year, the business posted $1.78 EPS. As a group, research analysts expect that Lindsay Corporation will post 5.19 EPS for the current fiscal year.

Lindsay Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Lindsay’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, August 17th. Lindsay’s dividend payout ratio is currently 29.17%.

Hedge Funds Weigh In On Lindsay

Institutional investors have recently made changes to their positions in the business. Nuance Investments LLC lifted its position in shares of Lindsay by 293.5% during the 4th quarter. Nuance Investments LLC now owns 178,571 shares of the industrial products company’s stock worth $21,048,000 after purchasing an additional 133,190 shares during the last quarter. Wellington Management Group LLP acquired a new stake in Lindsay in the 4th quarter valued at approximately $13,994,000. Amundi grew its holdings in Lindsay by 39.4% in the 4th quarter. Amundi now owns 269,817 shares of the industrial products company’s stock valued at $31,843,000 after buying an additional 76,292 shares during the last quarter. Invesco Ltd. increased its position in Lindsay by 32.6% in the 3rd quarter. Invesco Ltd. now owns 205,985 shares of the industrial products company’s stock worth $28,953,000 after buying an additional 50,671 shares during the period. Finally, Marshall Wace LLP bought a new position in Lindsay in the 2nd quarter worth approximately $6,670,000. 89.94% of the stock is currently owned by institutional investors.

Lindsay Company Profile

(Get Free Report)

Lindsay Corporation (NYSE: LNN) is a U.S.-based manufacturer of agricultural irrigation and infrastructure products. Headquartered in Omaha, Nebraska, the company has built a reputation for designing and producing center pivot and lateral‐move irrigation systems under the Zimmatic brand. These systems feature advanced controls, precision sprinklers and automated monitoring technology that help growers optimize water use, improve crop yields and enhance sustainability in a variety of row-crop, specialty crop and forage operations.

Beyond its core irrigation business, Lindsay operates an infrastructure segment that delivers engineered products and services for water and roadway management.