Lindsay Corporation $LNN Stock: ProShare Advisors LLC Boosts Holdings

Posted by George Bondi on Nov 4th, 2026

ProShare Advisors LLC raised its stake in shares of Lindsay Corporation (NYSE:LNN – Free Report) by 47.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 87,868 shares of the industrial products company’s stock after purchasing an additional 28,256 shares during the period. ProShare Advisors LLC’s holdings in Lindsay were worth $9,836,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. BlackRock Inc. acquired a new position in Lindsay during the 2nd quarter worth about $219,361,000. Amundi increased its stake in shares of Lindsay by 64.4% in the second quarter. Amundi now owns 423,312 shares of the industrial products company’s stock valued at $52,376,000 after buying an additional 165,745 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Lindsay by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 352,344 shares of the industrial products company’s stock valued at $41,953,000 after buying an additional 6,748 shares during the period. KBC Group NV increased its stake in shares of Lindsay by 15.0% in the first quarter. KBC Group NV now owns 268,896 shares of the industrial products company’s stock valued at $32,017,000 after buying an additional 35,061 shares during the period. Finally, Legal & General Group Plc bought a new position in shares of Lindsay during the second quarter worth about $23,537,000. 89.94% of the stock is owned by institutional investors.

Lindsay Price Performance

Shares of NYSE LNN opened at $107.56 on Wednesday. Lindsay Corporation has a twelve month low of $97.27 and a twelve month high of $148.00. The firm has a fifty day simple moving average of $113.39 and a 200 day simple moving average of $116.88. The company has a market capitalization of $1.09 billion, a PE ratio of 20.22 and a beta of 0.73. The company has a quick ratio of 2.25, a current ratio of 3.15 and a debt-to-equity ratio of 0.23.

Lindsay (NYSE:LNN – Get Free Report) last released its earnings results on Thursday, October 22nd. The industrial products company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.12. The business had revenue of $161.57 million for the quarter, compared to analyst estimates of $147.56 million. Lindsay had a net margin of 8.75% and a return on equity of 10.96%. Lindsay’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 earnings per share. On average, sell-side analysts forecast that Lindsay Corporation will post 4.70 EPS for the current year.

Lindsay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be given a $0.38 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.52 annualized dividend and a dividend yield of 1.4%. Lindsay’s dividend payout ratio (DPR) is 28.57%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LNN shares. Stifel Nicolaus cut their price objective on Lindsay from $121.00 to $119.00 and set a “hold” rating on the stock in a research note on Friday, October 23rd. Zacks Research downgraded shares of Lindsay from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 29th. Finally, Weiss Ratings downgraded shares of Lindsay from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 16th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lindsay currently has a consensus rating of “Reduce” and an average price target of $119.00.

Check Out Our Latest Stock Analysis on Lindsay

About Lindsay

(Free Report)

Lindsay Corporation is a U.S.-based manufacturer of irrigation and infrastructure products. The company’s irrigation business provides center-pivot and lateral-move irrigation systems, water-management technologies, and related equipment used by agricultural producers to improve the application and conservation of water.

Lindsay’s irrigation portfolio includes Zimmatic irrigation systems and digital tools such as FieldNET, which helps growers monitor and manage irrigation operations remotely.