Renaissance Technologies LLC Reduces Holdings in Lincoln Electric Holdings, Inc. $LECO

Renaissance Technologies LLC trimmed its stake in shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 6.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,538 shares of the industrial products company’s stock after selling 4,200 shares during the quarter. Renaissance Technologies LLC’s holdings in Lincoln Electric were worth $15,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Diamant Asset Management Inc. lifted its position in Lincoln Electric by 24,685.8% in the first quarter. Diamant Asset Management Inc. now owns 3,839,568 shares of the industrial products company’s stock valued at $956,360,000 after purchasing an additional 3,824,077 shares during the last quarter. Norges Bank bought a new position in shares of Lincoln Electric in the fourth quarter worth approximately $415,155,000. Geode Capital Management LLC increased its stake in shares of Lincoln Electric by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,306,641 shares of the industrial products company’s stock worth $313,175,000 after buying an additional 6,070 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Lincoln Electric by 14.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,280,116 shares of the industrial products company’s stock worth $306,767,000 after buying an additional 158,305 shares during the period. Finally, M&T Bank Corp raised its holdings in Lincoln Electric by 5,862.4% during the 4th quarter. M&T Bank Corp now owns 1,271,364 shares of the industrial products company’s stock valued at $304,670,000 after buying an additional 1,250,041 shares during the last quarter. 79.61% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Lincoln Electric

In other news, EVP Michael J. Whitehead sold 845 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total value of $232,214.45. Following the sale, the executive vice president directly owned 9,319 shares of the company’s stock, valued at $2,560,954.39. This represents a 8.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.68% of the company’s stock.

Lincoln Electric Stock Up 4.4%

Shares of NASDAQ:LECO opened at $261.31 on Friday. The firm has a market capitalization of $14.32 billion, a P/E ratio of 26.10, a P/E/G ratio of 1.54 and a beta of 1.20. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.15 and a current ratio of 1.98. The stock has a 50 day moving average price of $259.82 and a 200-day moving average price of $263.69. Lincoln Electric Holdings, Inc. has a 52-week low of $216.22 and a 52-week high of $310.00.

Lincoln Electric (NASDAQ:LECO) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.12. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.17 billion. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The firm’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.60 earnings per share. As a group, equities research analysts anticipate that Lincoln Electric Holdings, Inc. will post 10.85 EPS for the current fiscal year.

Lincoln Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.79 per share. 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 payout ratio is 31.57%.

More 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 Analysts Forecast Growth

LECO has been the subject of several analyst reports. DA Davidson initiated coverage on shares of Lincoln Electric in a research report on Tuesday, June 16th. They set a “buy” rating and a $320.00 price target for the company. Morgan Stanley boosted their price objective on shares of 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. Barclays raised their target price on Lincoln Electric from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 10th. 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. According to MarketBeat.com, Lincoln Electric presently has an average rating of “Hold” and an average price target of $299.38.

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.