S&CO Inc. Buys New Stake in Lincoln Electric Holdings, Inc. $LECO

S&CO Inc. bought a new stake in shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 7,000 shares of the industrial products company’s stock, valued at approximately $1,858,000.

Other hedge funds also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in shares of Lincoln Electric during the fourth quarter valued at $27,000. Summit Securities Group LLC purchased a new stake in Lincoln Electric during the 4th quarter worth about $46,000. Geneos Wealth Management Inc. raised its stake in Lincoln Electric by 980.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 281 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 255 shares during the last quarter. United Community Bank acquired a new position in Lincoln Electric in the 4th quarter valued at about $65,000. Finally, Root Financial Partners LLC lifted its holdings in Lincoln Electric by 118.8% in the 1st quarter. Root Financial Partners LLC now owns 350 shares of the industrial products company’s stock valued at $87,000 after purchasing an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 79.61% of the company’s stock.

Insider Transactions at Lincoln Electric

In related news, EVP Michael J. Whitehead sold 845 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $274.81, for a total transaction of $232,214.45. Following the completion of the transaction, the executive vice president owned 9,319 shares of the company’s stock, valued at approximately $2,560,954.39. This represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.68% of the company’s stock.

Lincoln Electric News Roundup

Here are the key news stories impacting Lincoln Electric this week:

• Positive Sentiment: UBS upgraded LECO to “strong buy.” The rating upgrade provides a notable bullish signal and may be supporting investor demand for the industrial-products company. Ticker Report article
• Positive Sentiment: Zacks Research raised earnings forecasts across multiple periods. Estimates increased for third-quarter and fourth-quarter 2026 EPS to $2.71 and $2.81, respectively. Full-year 2026 EPS rose from $10.69 to $10.95, while FY2027 increased from $11.77 to $11.88 and FY2028 from $12.32 to $12.62. Several 2027 and 2028 quarterly estimates were also raised, reinforcing expectations for continued earnings growth. MarketBeat analyst estimates
• Positive Sentiment: Momentum indicators remain favorable. Zacks characterized Lincoln Electric as a strong momentum stock, which could attract growth and momentum-oriented investors. Zacks momentum analysis
• Neutral Sentiment: Investors are also evaluating changes in the Americas welding market and whether LECO’s valuation still offers upside after its recent advance. The issue may limit enthusiasm despite the bullish analyst actions. Yahoo Finance valuation and Americas welding analysis

Wall Street Analyst Weigh In

LECO has been the topic of several analyst reports. Weiss Ratings raised shares of Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 10th. Barclays boosted their price objective on shares of Lincoln Electric from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. UBS Group started coverage on shares of Lincoln Electric in a research note on Monday, August 10th. They set a “buy” rating and a $340.00 price objective on the stock. DA Davidson assumed coverage on shares of Lincoln Electric in a research report on Tuesday, June 16th. They set a “buy” rating and a $320.00 target price on the stock. Finally, Wall Street Zen raised shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $307.22.

Lincoln Electric Stock Up 0.8%

Shares of NASDAQ:LECO opened at $286.87 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74. The firm has a market cap of $15.64 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 1.72 and a beta of 1.20. The stock’s 50-day moving average price is $263.85 and its two-hundred day moving average price is $265.26. Lincoln Electric Holdings, Inc. has a 12-month low of $216.22 and a 12-month high of $310.00.

Lincoln Electric (NASDAQ:LECO) last posted its quarterly earnings data 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 company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.17 billion. Lincoln Electric had a net margin of 12.35% and a return on equity of 39.23%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.60 EPS. On average, research analysts forecast that Lincoln Electric Holdings, Inc. will post 11.11 EPS for the current year.

Lincoln Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 30th. Lincoln Electric’s payout ratio is presently 31.57%.

Lincoln Electric 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.