Brokers Issue Forecasts for Lindsay’s Q1 Earnings (NYSE:LNN)

Lindsay Corporation (NYSE:LNN) – Research analysts at William Blair dropped their Q1 2026 earnings estimates for shares of Lindsay in a research report issued on Monday, October 27th. William Blair analyst B. Drab now anticipates that the industrial products company will post earnings of $1.20 per share for the quarter, down from their previous estimate of $1.67. The consensus estimate for Lindsay’s current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay’s Q3 2026 earnings at $2.03 EPS.

A number of other equities research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Lindsay from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Stifel Nicolaus set a $122.00 price objective on shares of Lindsay in a research report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lindsay in a research report on Friday. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $122.00.

Lindsay Price Performance

Shares of NYSE:LNN opened at $111.25 on Thursday. The company has a quick ratio of 2.76, a current ratio of 3.71 and a debt-to-equity ratio of 0.22. Lindsay has a fifty-two week low of $108.70 and a fifty-two week high of $150.96. The firm has a 50-day simple moving average of $134.03 and a 200 day simple moving average of $135.86. The company has a market cap of $1.20 billion, a PE ratio of 16.41 and a beta of 0.82.

Lindsay (NYSE:LNN) last released its earnings results on Thursday, October 23rd. The industrial products company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.05). Lindsay had a return on equity of 14.33% and a net margin of 10.95%.The company had revenue of $153.56 million during the quarter, compared to the consensus estimate of $156.91 million. During the same period in the previous year, the firm posted $1.17 EPS. Lindsay’s revenue for the quarter was down .9% on a year-over-year basis.

Institutional Investors Weigh In On Lindsay

Several hedge funds have recently made changes to their positions in the company. State Street Corp lifted its position in shares of Lindsay by 5.6% in the 2nd quarter. State Street Corp now owns 473,772 shares of the industrial products company’s stock valued at $68,342,000 after acquiring an additional 25,251 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Lindsay by 107.5% in the 2nd quarter. Jennison Associates LLC now owns 450,121 shares of the industrial products company’s stock valued at $64,930,000 after acquiring an additional 233,243 shares in the last quarter. KBC Group NV lifted its position in shares of Lindsay by 3.5% in the 2nd quarter. KBC Group NV now owns 365,624 shares of the industrial products company’s stock valued at $52,741,000 after acquiring an additional 12,386 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Lindsay by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 262,526 shares of the industrial products company’s stock valued at $37,874,000 after acquiring an additional 818 shares in the last quarter. Finally, Amundi lifted its position in shares of Lindsay by 48.8% in the 2nd quarter. Amundi now owns 210,043 shares of the industrial products company’s stock valued at $28,286,000 after acquiring an additional 68,863 shares in the last quarter. Hedge funds and other institutional investors own 89.94% of the company’s stock.

Insider Buying and Selling

In related news, Director Robert E. Brunner sold 1,856 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $142.08, for a total transaction of $263,700.48. Following the completion of the sale, the director directly owned 3,274 shares of the company’s stock, valued at $465,169.92. This represents a 36.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is currently owned by corporate insiders.

Lindsay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.48 annualized dividend and a yield of 1.3%. Lindsay’s dividend payout ratio is currently 21.83%.

About Lindsay

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.