Lazard Asset Management LLC boosted its position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) by 26.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,026 shares of the industrial products company’s stock after acquiring an additional 2,511 shares during the period. Lazard Asset Management LLC’s holdings in Lincoln Electric were worth $2,995,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the business. Diamant Asset Management Inc. boosted its holdings in Lincoln Electric by 24,685.8% during the 1st quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company’s stock worth $956,360,000 after acquiring an additional 3,824,077 shares during the last quarter. Norges Bank bought a new position in shares of Lincoln Electric during the 4th quarter valued at approximately $415,155,000. M&T Bank Corp grew its holdings in Lincoln Electric by 5,862.4% during the fourth quarter. M&T Bank Corp now owns 1,271,364 shares of the industrial products company’s stock valued at $304,670,000 after purchasing an additional 1,250,041 shares during the period. William Blair Investment Management LLC purchased a new stake in Lincoln Electric in the 4th quarter worth about $146,135,000. Finally, AQR Capital Management LLC increased its stake in shares of Lincoln Electric by 439.8% in the second quarter. AQR Capital Management LLC now owns 596,617 shares of the industrial products company’s stock worth $123,691,000 after purchasing an additional 486,090 shares in the last quarter. 79.61% of the stock is currently owned by institutional investors and hedge funds.
Lincoln Electric Trading Up 4.4%
LECO opened at $261.31 on Friday. Lincoln Electric Holdings, Inc. has a 52 week low of $216.22 and a 52 week high of $310.00. The stock has a market cap of $14.32 billion, a PE ratio of 26.10, a PEG ratio of 1.60 and a beta of 1.20. The company has a quick ratio of 1.15, a current ratio of 1.98 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average of $259.82 and a 200-day moving average of $263.69.
Lincoln Electric Announces Dividend
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 $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s dividend payout ratio (DPR) is 31.57%.
Key Lincoln Electric News
Here are the key news stories impacting Lincoln Electric this week:
- Positive Sentiment: Quarterly earnings beat estimates: Lincoln Electric reported adjusted earnings of $2.93 per share, above the consensus estimate of $2.81 and up from $2.60 in the year-ago quarter. Lincoln Electric Holdings Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: Revenue substantially exceeded forecasts: Sales reached $1.22 billion, compared with analyst expectations of approximately $1.17 billion, representing 12% year-over-year growth. Lincoln Electric Q2 Earnings Snapshot
- Positive Sentiment: Record operating performance: Management described the quarter as a record period for sales, profitability, earnings and cash flow, reinforcing the view that demand and execution remain favorable across the industrial products business. Lincoln Electric Reports Second Quarter 2026 Results
- Neutral Sentiment: Additional investor context: The earnings-call transcript and presentation provide management’s detailed discussion of quarterly results, business conditions and the outlook. Investors will likely focus on forward demand trends and any changes to full-year expectations. Lincoln Electric 2026 Q2 Results Earnings Call Presentation
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on LECO. Morgan Stanley lifted their price target on Lincoln Electric from $250.00 to $253.00 and gave the company an “underweight” rating in a research report on Friday, July 17th. Wall Street Zen lowered shares of Lincoln Electric from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Weiss Ratings raised 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 Lincoln Electric in a research note on Friday, May 1st. Finally, DA Davidson started coverage on Lincoln Electric in a research report on Tuesday, June 16th. They issued a “buy” rating and a $320.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lincoln Electric presently has an average rating of “Hold” and an average price target of $299.38.
Insider Activity
In other Lincoln Electric news, EVP Michael J. Whitehead sold 845 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 9,319 shares in the company, valued at $2,560,954.39. The trade was a 8.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.68% of the stock is currently owned by corporate insiders.
Lincoln Electric Company Profile
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.
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