Empowered Funds LLC Purchases Shares of 5,878 Lincoln Electric Holdings, Inc. $LECO

Empowered Funds LLC acquired a new stake in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,878 shares of the industrial products company’s stock, valued at approximately $1,561,000.

A number of other hedge funds have also recently made changes to their positions in the business. Transamerica Financial Advisors LLC purchased a new stake in shares of Lincoln Electric during the second quarter worth about $26,000. Elyxium Wealth LLC bought a new stake in Lincoln Electric during the 4th quarter valued at approximately $27,000. Keating Financial Advisory Services Inc. purchased a new position in Lincoln Electric in the 2nd quarter worth approximately $29,000. Fiduciary Financial Advisors purchased a new position in Lincoln Electric in the 2nd quarter worth approximately $38,000. Finally, Ancora Advisors LLC bought a new position in Lincoln Electric in the 2nd quarter worth approximately $38,000. Institutional investors own 79.61% of the company’s stock.

Insider Buying and Selling at Lincoln Electric

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on LECO shares. UBS Group began coverage on shares of Lincoln Electric in a report on Monday, August 10th. They set a “buy” rating and a $340.00 price objective for the company. Weiss Ratings raised shares of Lincoln Electric from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 10th. Wall Street Zen upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. DA Davidson assumed coverage on shares of Lincoln Electric in a research note on Tuesday, June 16th. They set a “buy” rating and a $320.00 target price for the company. Finally, Morgan Stanley upgraded shares of Lincoln Electric from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $257.00 to $283.00 in a report on Monday, August 10th. One equities research 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. According to data from MarketBeat, Lincoln Electric currently has a consensus rating of “Moderate Buy” and an average price target of $307.22.

Key Headlines Impacting Lincoln Electric

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

• Positive Sentiment: Higher earnings expectations: Zacks Research raised its EPS forecasts across multiple periods, including Q1 2027 to $2.73 from $2.66, Q2 2027 to $3.27 from $3.24, and Q4 2027 to $3.06 from $3.02. Its FY2027 forecast increased to $12.08 from $11.88, above the current-year consensus of $11.13. Lincoln Electric analyst estimates
• Positive Sentiment: Longer-term growth outlook improved: Zacks lifted its Q1 2028 EPS estimate to $2.95 from $2.88, Q2 2028 to $3.43 from $3.37, and FY2028 to $12.90 from $12.62. The upward revisions suggest expectations for continued earnings expansion at the industrial-products company. Lincoln Electric long-term earnings estimates
• Positive Sentiment: GARP and industry positioning: Zacks identified LECO as a growth-at-a-reasonable-price candidate, citing solid prospects relative to valuation. The company was also included among manufacturing-tools stocks positioned to benefit from increased manufacturing activity, technological progress and strategic acquisitions. GARP stocks article Manufacturing tools stocks article

Lincoln Electric Price Performance

Shares of Lincoln Electric stock opened at $273.83 on Friday. The stock has a 50 day moving average of $267.57 and a 200 day moving average of $265.33. Lincoln Electric Holdings, Inc. has a 12 month low of $216.22 and a 12 month high of $310.00. The firm has a market cap of $14.93 billion, a PE ratio of 27.36, a PEG ratio of 1.63 and a beta of 1.21. The company has a current ratio of 1.98, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74.

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. Lincoln Electric had a return on equity of 39.23% and a net margin of 12.35%.The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the business posted $2.60 EPS. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, research analysts expect that Lincoln Electric Holdings, Inc. will post 11.16 EPS for the current fiscal year.

Lincoln Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given 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 dividend payout ratio is currently 31.57%.

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.