Jupiter Topco LLC Acquires Shares of 77,353 Lincoln Electric Holdings, Inc. $LECO

Posted by Francis Steltz on Sep 3rd, 2026

Jupiter Topco LLC bought a new position in shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 77,353 shares of the industrial products company’s stock, valued at approximately $2,736,000.

Several other large investors have also recently modified their holdings of LECO. BlackRock Inc. bought a new stake in shares of Lincoln Electric in the second quarter valued at approximately $656,165,000. Diamant Asset Management Inc. boosted its holdings in Lincoln Electric by 24,685.8% in 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 buying an additional 3,824,077 shares during the period. Norges Bank purchased a new position in Lincoln Electric in the 4th quarter valued at approximately $415,155,000. Hsbc Holdings PLC purchased a new position in Lincoln Electric in the 2nd quarter valued at approximately $52,700,000. Finally, Geode Capital Management LLC raised its holdings 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 period. Hedge funds and other institutional investors own 79.61% of the company’s stock.

Insider Buying and Selling

In other Lincoln Electric news, EVP Michael J. Whitehead sold 845 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $274.81, for a total value of $232,214.45. Following the transaction, the executive vice president directly owned 9,319 shares in the company, valued at $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 through this hyperlink. 1.68% of the stock is currently owned by insiders.

Lincoln Electric Stock Up 1.5%

Shares of NASDAQ:LECO opened at $272.59 on Thursday. The firm has a fifty day moving average price of $267.57 and a two-hundred day moving average price of $265.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.98 and a quick ratio of 1.20. Lincoln Electric Holdings, Inc. has a one year low of $216.22 and a one year high of $310.00. The company has a market cap of $14.86 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 1.61 and a beta of 1.21.

Lincoln Electric (NASDAQ:LECO – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.12. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.17 billion. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.60 EPS. Analysts anticipate that Lincoln Electric Holdings, Inc. will post 11.13 EPS for the current fiscal year.

Lincoln Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s payout ratio is presently 31.57%.

Analysts Set New Price Targets

Several research firms have issued reports on LECO. Wall Street Zen upgraded Lincoln Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. 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 target for the company. UBS Group initiated coverage on Lincoln Electric in a research note on Monday, August 10th. They set a “buy” rating and a $340.00 price objective on the stock. Weiss Ratings raised Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 10th. Finally, Morgan Stanley upgraded Lincoln Electric from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $257.00 to $283.00 in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lincoln Electric presently has a consensus rating of “Moderate Buy” and an average target price of $307.22.

Get Our Latest Analysis on Lincoln Electric

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.