Lincoln Electric Holdings, Inc. Stock News

Lincoln Electric Holdings, Inc. is a leader in the welding industry with a strong dividend growth profile and solid balance sheet, but currently appears slightly overvalued. Despite facing volatility due to high interest rates and lower market demand, LECO has managed to maintain profitability and increase gross profit margins through cost-cutting measures. The company has a conservative payout...

Lincoln Electric has exceptional returns on capital and a history of intelligent capital deployment. LECO's specialized market position and high operating margins provide a competitive edgr over peers. Valuations are now within 1 standard deviation of 5yr averages providing adequate margin of safety when put against forward growth.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO ) Q3 2024 Earnings Call Transcript October 31, 2024 10:00 AM ET Company Participants Amanda Butler - VP of IR and Communications Steve Hedlund - President and CEO Gabe Bruno - CFO Conference Call Participants Bryan Blair - Oppenheimer Angel Castillo - Morgan Stanley Mig Dobre - Baird Saree Boroditsky - Jefferies Adam Farley - Stifel Walt Liptak - Sea...

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2024 net income of $100.8 million, or diluted earnings per share (EPS) of $1.77, which includes special item after-tax net charges of $21.6 million, or $0.37 EPS. This compares with prior year period net income of $129.3 million, or $2.22 EPS, which included special ite...

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 5.6% increase in the quarterly cash dividend to $0.75 per share, or $3.00 per share on an annualized basis. The dividend is payable January 15, 2025, to shareholders of record at the close of business on December 31, 2024. “Our dividend increase reflects ...

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq:LECO) today announced that Christopher L. Mapes, Executive Chair, will retire from his position as Executive Chair and a member of the Board of Directors on December 31, 2024. The Board of Directors has elected Steven B. Hedlund, currently Chief Executive Officer and a Director, to succeed Mr. Mapes as Ch...

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CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2024 results on Thursday, October 31, 2024, prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day. The event is available via webcast in listen-only mode and can be accessed here or on ...