Q3 2018 Sentiment Lincoln Electric Holdings Inc (NASDAQ:LECO)

Sentiment for Lincoln Electric Holdings Inc (NASDAQ:LECO)

Lincoln Electric Holdings Inc (NASDAQ:LECO) institutional sentiment increased to 1.62 in 2018 Q3. Its up 0.33, from 1.29 in 2018Q2. The ratio is more positive, as 149 investment managers started new or increased stock positions, while 92 cut down and sold their equity positions in Lincoln Electric Holdings Inc. The investment managers in our partner’s database now have: 43.80 million shares, down from 45.29 million shares in 2018Q2. Also, the number of investment managers holding Lincoln Electric Holdings Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 25 Reduced: 67 Increased: 99 New Position: 50.

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, makes, and sells welding, cutting, and brazing products worldwide. The company has market cap of $5.19 billion. It operates through three divisions: Americas Welding, International Welding, and The Harris Products Group. It has a 23.77 P/E ratio. The companyÂ’s welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products.

The stock increased 1.12% or $0.89 during the last trading session, reaching $80.47. About 417,171 shares traded. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) has declined 12.65% since December 11, 2017 and is downtrending. It has underperformed by 12.65% the S&P500.

Analysts await Lincoln Electric Holdings, Inc. (NASDAQ:LECO) to report earnings on February, 13. They expect $1.20 earnings per share, up 18.81 % or $0.19 from last year’s $1.01 per share. LECO’s profit will be $77.34 million for 16.76 P/E if the $1.20 EPS becomes a reality. After $1.21 actual earnings per share reported by Lincoln Electric Holdings, Inc. for the previous quarter, Wall Street now forecasts -0.83 % negative EPS growth.

Lawson Kroeker Investment Management Inc Ne holds 2.61% of its portfolio in Lincoln Electric Holdings, Inc. for 86,215 shares. Robotti Robert owns 95,856 shares or 2.36% of their US portfolio. Moreover, Garrison Financial Corp has 2.05% invested in the company for 44,303 shares. The Sweden-based Alecta Pensionsforsakring Omsesidigt has invested 1.12% in the stock. Stanley, a Alabama-based fund reported 44,832 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $295,474 activity.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Ratings Coverage

Ratings analysis reveals 100% of Lincoln Electric Holdings’s analysts are positive. Out of 2 Wall Street analysts rating Lincoln Electric Holdings, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $100 while the high is $111. The stock’s average target of $105.50 is 31.10% above today’s ($80.47) share price. LECO was included in 2 notes of analysts from October 26, 2018. As per Friday, October 26, the company rating was upgraded by Gabelli. The stock of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) earned “Overweight” rating by KeyBanc Capital Markets on Friday, October 26.

More notable recent Lincoln Electric Holdings, Inc. (NASDAQ:LECO) news were published by: Nasdaq.com which released: “Why Lincoln Electric (LECO) Might Surprise This Earnings Season – Nasdaq” on April 19, 2018, also Nasdaq.com with their article: “Pre-Market Earnings Report for July 23, 2018 : ITW, HAL, HAS, LII, LECO, BPOP, BOH, CBU, ONB, CADE, NTGR, OPB – Nasdaq” published on July 20, 2018, Nasdaq.com published: “Lincoln Electric Announces Acquisition of Coldwater Machine Company and Pro Systems LLC – Nasdaq” on December 11, 2018. More interesting news about Lincoln Electric Holdings, Inc. (NASDAQ:LECO) were released by: Seekingalpha.com and their article: “Lincoln Electric Holdings, Inc. (LECO) CEO Chris Mapes on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 23, 2018 as well as Globenewswire.com‘s news article titled: “Lincoln Electric Board Approves 11.4% Dividend Increase Nasdaq:LECO – GlobeNewswire” with publication date: October 17, 2017.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Institutional Positions Chart

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