LECO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $274.94
Market Cap (MRQ) $14.99B
P/E (TTM) 27.5
EPS (TTM) $10.01
Revenue (TTM) $4.48B
Div Yield 1.1%
ROE (TTM) 37.7%
Debt/Equity (MRQ) 0.7
52W Range $216–$310

LECO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 2
Ex-date Split Type
June 1, 2011 2-for-1 Forward
June 16, 1998 2-for-1 Forward

About Lincoln Electric Holdings, Inc. - Common Shares Company overview from Wikipedia

05 · wikidata

Lincoln Electric Holdings, Inc. is an American multinational and global manufacturer of welding products, arc welding equipment, welding accessories, plasma and oxy–fuel cutting equipment and robotic welding systems headquartered in Euclid, Ohio. By 2012 it had a network of distributors and sales offices covering more than 160 countries and 42 manufacturing locations in North America, Europe, the Middle East, Asia and Latin America. It also operates manufacturing alliances and joint ventures in 19 countries. It is a member of the Fortune 1000.

History

The company was founded in 1895 by John C. Lincoln with an investment of $200 to make electric motors he had designed. The company was initially headquartered in Euclid, Ohio.

In 1907 shortly after an illness, James Finney Lincoln asked his brother for a job and was paid to sell the machines manufactured in his brother's shop. In 1914 John retreated into product invention and turned the management of the firm over to James.

Around 1910 the firm produced a revolution in the building trades: rather than rivet the joints in constructions made of steel, the novel arc welder produced these with more rigidity and at less cost. This allowed bigger buildings, bridges and ships and led to the pipeline industry.

In 1914 James constituted the company's Advisory Board of elected shop floor workers, which meets biweekly to review problems and successes. This board is credited by some with avoiding unionization for more than a hundred years.

Around 1915, James Lincoln decided to change the method of remuneration he paid employees from hourly paid wage onto the piecework system.

By 1918 the company was touting the benefits of electric arc welding in self-published book form.

In 1927 the company introduced the E6010 Fleetweld electrode with which it made its fortune.

In 1934 Lincoln added an annual merit pay bonus scheme, according to which employees would receive sometimes up to 100% of their piecework "wage".

During World War II the company was sued by the federal government because they deemed its novel practice of paying employee bonus was not a deductible business cost. More than a decade later, the court ruled in favour of Lincoln Electric and established in Lincoln Electric Co. v. Commissioner of Internal Rev., 162 F.2d 379 (6th Cir. 1947) that performance pay was a legitimate cost of doing business.

It was during the 1940s that the company introduced the legendary SA-200 diesel welding trailer, particularly prized by the pipeline industry.

The company estimated that it furnished one-third of all the welding electrode used in WW2 ship, tank, pipeline and synthetic rubber industries. The construction of a single Liberty Ship needed 160,000 pounds of electrode, while a Victory Ship consumed more than 190,000 pounds of electrode.

The life-long tenure for industrial workers was trialled by James in 1951 and made formal policy in 1958 for every employee on their third anniversary. In exchange the worker commits to total flexibility in terms of his duties.

In the late 1980s the company decided to expand overseas and nearly went bankrupt. In 1993 the workers needed to rescue the company from the folly of chairman George Willis and president Donald Hastings. In 1994 the company returned to profitability, and in 1995 it went public on the NYSE.

The Lincoln Electric company is the single most studied example at Harvard Business School for its innovative management features; James Finney tied his company's success to his analysis of the biblical Sermon on the Mount.

By the 21st century the company had grown to 44 manufacturing locations, including operations and joint ventures in 19 countries and an international network of distributors and sales offices covering more than 160 countries.

Lincoln has had over 8,500 employees globally, including 3,000 in the United States.

In 2005, Lincoln's Electric acquired the Harris Products Group, which is a manufacturer of welding accessories, gas apparatus, and other specialty products. The Harris Products Group has manufacturing facilities in Georgia, Ohio, California, Poland, Mexico, Brazil and Italy.

In 2017 Lincoln Electric acquired the welding business of Air Liquide.

In 2019, Lincoln announced the acquisition a portion of Worthington Industries, Inc. soldering operations.

Also in 2019 the company bought additive manufacturing specialist Baker Industries.

In December 2023, Lincoln Electric unveiled the Velion DC fast electric vehicle charging station. A display unit was shown at CES 2024 and featured NACS and CCS1 charging plugs, along with a touchscreen user interface developed using Qt.

Manganism lawsuit

A particular disease in welders is known as manganism, and is produced by off-gas. Lincoln was named in several lawsuits along with other welding industry companies in the 2000s, but Lincoln was absolved because it had advertised the risk.

Lincoln Institute of Land Policy

The Lincoln Institute of Land Policy was established by Lincoln Electric's founder, John C. Lincoln, in 1946, based on his admiration for the work of Henry George. Today, the think tank still focuses on promoting "creative approaches to land as a solution to economic, social, and environmental challenges."

Lincoln Welding School

The Lincoln Electric Welding School was set up in 1917 and has in a century since instructed over 150,000 men and women in the various methods and techniques of safety and arc welding processes. The school is listed by the Ohio State Board of School and College Registration.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryMachinery employees12,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$4.23B
2018-12-31 → 2025-12-31
EPS$9.32
2018-12-31 → 2025-12-31
Free Cash Flow$534M
2018-12-31 → 2025-12-31
Net margin12.4%
2018-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend LECO 5Y avg Peer Median Verdict
P/E (TTM) 27.55Y avg ≈24.0 ≈24.0 31.4 Undervalued
P/S (TTM) 3.35Y avg ≈2.9 ≈2.9 5.2 Undervalued
P/B (MRQ) 9.65Y avg ≈8.8 ≈8.8 5.2 Overvalued
EV / EBITDA 19.55Y avg ≈16.4 ≈16.4 18.8 Undervalued
Price / FCF (TTM) 27.65Y avg ≈22.6 ≈22.6 · ·
Price / Cash Flow (TTM) 21.85Y avg ≈18.7 ≈18.7 19.9 Fair value
EV / Revenue 3.85Y avg ≈3.1 ≈3.1 · ·
EV / FCF 29.85Y avg ≈24.2 ≈24.2 · ·
Price / Tangible Book 45.35Y avg ≈34.5 ≈34.5 · ·
PEG Ratio ≈1.2 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield1.1%
Payout Ratio32.3%
Annualized Payout≈$3.16Paid quarterly
5Y Div CAGR≈8.9%Per share, split-adjusted
Growth Streak≈29Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 30, 2026$0.79USD≈1.2%
Jun 30, 2026$0.79USD≈1.2%
Mar 31, 2026$0.79USD≈1.2%
Dec 31, 2025$0.79USD≈1.3%
Sep 30, 2025$0.75USD≈1.3%
Jun 30, 2025$0.75USD≈1.4%
Mar 31, 2025$0.75USD≈1.5%
Dec 31, 2024$0.75USD≈1.5%
Sep 30, 2024$0.71USD≈1.5%
Jun 28, 2024$0.71USD≈1.5%
Mar 27, 2024$0.71USD≈1.0%
Dec 28, 2023$0.71USD≈1.2%
Sep 28, 2023$0.64USD≈1.4%
Jun 29, 2023$0.64USD≈1.3%
Mar 30, 2023$0.64USD≈1.4%
Dec 29, 2022$0.64USD≈1.6%
Sep 29, 2022$0.56USD≈1.8%
Jun 29, 2022$0.56USD≈1.8%
Mar 30, 2022$0.56USD≈1.5%
Dec 30, 2021$0.56USD≈1.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 1.6%
Next Report Oct 28, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $2.93 $2.87 2.3%
March 31, 2026 $2.50 $2.50 0.19%
Dec. 31, 2025 $2.65 $2.59 2.2%
Sept. 30, 2025 $2.47 $2.47 -0.08%
June 30, 2025 $2.60 $2.36 10.2%
March 31, 2025 $2.16 $2.28 -5.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $4.23B$4.01B$4.19B$3.76B$3.23B$2.66B$3.00B$3.03B$2.62B$2.27B$2.54B$2.81B
Cost of Revenue $2.70B$2.54B$2.73B$2.48B$2.17B$1.78B$2.00B$2.00B$1.75B$1.49B$1.69B$1.86B
Gross Profit $1.53B$1.47B$1.47B$1.28B$1.07B$871M$1.01B$1.03B$875M$787M$841M$949M
R&D Expense $86M$82M$71M$63M$56M$51M$57M$54M$48M$45M$47M$43M
SG&A Expense $798M$781M$759M$657M$597M$544M$621M$628M$541M$469M$497M$545M
Operating Income $718M$636M$718M$612M$462M$282M$371M$376M$377M$284M$182M$374M
Interest Expense ·$53M$51M$31M$24M$24M$26M$25M$24M$19M$22M$10M
Interest Income $7M$10M$7M$2M$2M$2M$3M$7M$5M$2M$3M$3M
Other Non-op $9M$6M$15M$7M$9M$5M$15M$5M$5M$3M$4M$4M
Pretax Income $675M$594M$687M$593M$325M$264M$368M$369M$366M$277M$170M$376M
Income Tax $155M$128M$142M$121M$48M$58M$75M$82M$119M$79M$42M$122M
Net Income $521M$466M$545M$472M$277M$206M$293M$287M$247M$198M$127M$254M
EPS (Basic) $9.39$8.23$9.50$8.14$4.66$3.46$4.73$4.42$3.76$2.94$1.72$3.22
EPS (Diluted) $9.32$8.15$9.37$8.04$4.60$3.42$4.68$4.37$3.71$2.91$1.70$3.18
Shares (Basic) 55,410,00056,639,00057,364,00058,030,00059,309,00059,633,00061,960,00064,886,00065,739,00067,462,00074,111,00079,185,000
Shares (Diluted) 55,875,00057,194,00058,221,00058,749,00060,062,00060,248,00062,658,00065,682,00066,643,00068,156,00074,854,00080,096,000
EBITDA $817M$725M$805M$690M$543M$363M$452M$448M$446M$353M$246M$443M
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $309M$377M$394M$197M$193M$257M$200M$359M$327M$379M$304M$278M
Receivables $539M$482M$539M$542M$429M$373M$375M$397M$395M$274M$265M$338M
Inventory $633M$544M$563M$665M$540M$381M$394M$362M$349M$255M$276M$341M
Prepaid Expense ····$21M$20M$17M$17M$16M$12M$12M·
Other Current Assets $259M$242M$198M$154M$128M$100M$108M$120M$124M$96M$91M$130M
Current Assets $1.74B$1.65B$1.69B$1.56B$1.29B$1.11B$1.08B$1.24B$1.37B$1.04B$936M$1.10B
PP&E (Net) $703M$619M$575M$545M$512M$522M$529M$479M$477M$372M$411M$439M
PP&E (Gross) $1.65B$1.48B$1.45B$1.44B$1.38B$1.41B$1.36B$1.26B$1.26B$1.09B$1.10B$1.13B
Accum. Depreciation $943M$866M$877M$891M$868M$885M$826M$779M$788M$717M$694M$691M
Goodwill $887M$805M$694M$665M$430M$336M$337M$281M$235M$232M$188M$180M
Intangibles $250M$221M$187M$203M$149M$134M$178M$148M$127M$130M$121M$133M
Other Non-current Assets $449M$152M$183M$187M$193M$193M$237M$184M$178M$157M$120M$29M
Total Assets $3.78B$3.52B$3.38B$3.18B$2.59B$2.31B$2.37B$2.35B$2.41B$1.94B$1.78B$1.94B
Accounts Payable $365M$297M$325M$352M$330M$257M$273M$269M$270M$177M$153M$210M
Accrued Liabilities ··········$34M$30M
Current Liabilities $957M$879M$755M$853M$756M$549M$563M$538M$529M$388M$370M$492M
Capital Leases $40M$42M$42M$36M$39M$34M$39M·····
Deferred Tax $52M$10M$13M$17M$57M$47M$64M$46M$41M$42M$47M$41M
Other Non-current Liabilities $201M$153M$198M$166M$199M$213M$212M$176M$200M$98M$85M$59M
Total Liabilities $2.31B$2.19B$2.07B$2.15B$1.73B$1.52B$1.55B$1.46B$1.47B$1.23B$852M·
Long-term Debt $1.15B$1.25B$1.10B$1.12B$718M$716M$712M·····
Total Debt $1.15B$1.25B$1.10B$1.12B$718M$716M······
Common Stock $10M$10M$10M$10M$10M$10M$10M$10M$10M$10M$10M$10M
Retained Earnings $4.34B$3.99B$3.69B$3.31B$2.97B$2.82B$2.74B$2.56B$2.39B$2.24B$2.13B$2.09B
Treasury Stock $3.28B$2.94B$2.68B$2.49B$2.31B$2.15B$2.04B$1.75B$1.55B$1.51B$1.18B$784M
AOCI $-206M$-300M$-230M$-275M$-257M$-302M$-276M$-294M$-247M$-329M$-296M$-289M
Stockholders' Equity $1.47B$1.33B$1.31B$1.03B$864M$790M$818M$887M$932M$711M$932M$1.28B
Liabilities + Equity $3.78B$3.52B$3.38B$3.18B$2.59B$2.31B$2.37B$2.35B$2.41B$1.94B$1.78B$1.94B
Shares Outstanding 54,845,95056,211,00056,977,00057,624,00058,787,00059,641,00060,592,00063,546,00065,663,00065,674,00070,693,00076,997,000
Cash Flow 19
Metric Trend 202520242023202220212020201920182017201620152014
D&A $99M$88M$87M$78M$81M$80M$81M$72M$68M$65M$64M$70M
Stock-based Comp $20M$24M$26M$25M$24M$15M$17M$19M$13M$10M$8M$8M
Deferred Tax $83M$-41M$-24M$-48M$-30M$1M$15M$-3M$-4M$-10M$-56M$18M
Amort. of Intangibles $30M$27M$26M$22M$21M$20M$21M$16M$16M$15M$13M$14M
Restructuring $17M$35M$20M$4M$11M$24M$12M$31M$5M·$14M$1M
Other Non-cash $-61M$62M$33M$-144M$14M$48M$-3M$-45M$10M$39M$167M$52M
Operating Cash Flow $661M$599M$668M$383M$365M$351M$403M$329M$335M$313M$313M$402M
CapEx $127M$117M$91M$72M$63M$59M$70M$71M$62M$50M$51M$73M
Investing Cash Flow $-257M$-361M$-75M$-505M$-205M$-49M$-193M$21M$-272M···
Debt Issued $0$550M$0$405M··$0$0$34.0K$350M$358M$9M
Net Debt Issued $-100M$149M···$-14.0K$-107.0K$-107.0K$-5.0K$350M$351M$5M
Stock Repurchased $338M$264M$199M$181M$165M$113M$293M$202M$43M$342M$399M$307M
Net Stock Activity $-338M$-264M$-199M$-181M$-165M$-113M$-293M$-202M$-43M$-342M$-399M$-307M
Dividends Paid $168M$162M$148M$131M$122M$118M$118M$102M$92M$87M$87M$73M
Financing Cash Flow $-462M$-245M$-412M$134M$-222M$-246M$-372M$-302M$-135M···
Net Change in Cash $-68M$-17M$197M$4M$-64M$58M$-159M$32M$-52M$75M$26M$-21M
Taxes Paid $101M$158M$181M$152M$87M$59M$43M$86M$82M$73M$102M$119M
Free Cash Flow $534M$482M$577M$312M$303M$292M$334M$258M$273M$254M$260M$329M
Levered FCF ·$441M$536M$287M$282M$273M$313M$239M$257M$240M$244M$322M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 36.2%36.7%35.0%34.1%33.0%32.8%33.6%34.0%33.5%34.7%33.2%33.7%
Operating Margin 17.0%15.9%17.1%16.3%14.3%10.6%12.3%12.4%14.4%12.7%7.2%13.3%
Net Margin 12.3%11.6%13.0%12.6%8.6%7.8%9.8%9.5%9.4%8.7%5.0%9.0%
Pretax Margin 16.0%14.8%16.4%15.8%10.1%9.9%12.3%12.2%14.0%12.2%6.7%13.4%
EBITDA Margin 19.3%18.1%19.2%18.4%16.8%13.7%15.1%14.8%17.0%15.5%9.7%15.8%
ROA 14.3%13.4%16.6%16.4%11.3%8.8%12.4%12.1%11.4%10.6%6.8%12.5%
ROE 36.5%35.0%43.0%48.2%33.4%25.7%34.4%31.6%30.1%24.1%11.5%18.1%
ROIC 21.1%19.4%23.6%22.6%24.8%14.6%36.1%33.0%27.4%29.0%14.6%19.7%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.81.92.21.81.72.01.92.32.62.72.52.2
Quick Ratio 0.91.01.20.90.81.11.01.41.41.71.51.2
Debt / Equity 0.80.90.81.10.80.9······
LT Debt / Equity 0.80.90.81.10.80.9······
Interest Coverage ·12.014.019.719.411.814.315.315.615.18.335.8
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 1.21.21.31.31.31.11.31.31.21.21.41.4
Inventory Turnover 4.64.64.44.14.74.65.35.65.85.65.55.5
Receivables Turnover 8.37.97.87.88.17.17.87.67.88.48.48.2
Per Share 6
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $26.80$23.62$22.97$17.95$14.70$13.23$13.50$13.96$14.19$10.83$13.18$16.66
Revenue / Share $75.76$70.09$72.00$64.02$53.85$44.07$47.93$46.11$39.38$33.37$33.88$35.12
Cash Flow / Share $11.83$10.47$11.47$6.53$6.08$5.83$6.43$5.01$5.02$4.45$4.15$5.02
Cash / Share $5.63$6.71$6.91$3.42$3.28$4.31$3.29$5.65$4.98$5.77$4.30$3.62
Dividend / Share $3.04$2.88$2.63$2.32$2.09$1.98$1.90$1.64$1.44$1.31$1.19$0.98
EPS (TTM) $9.32$8.15$9.37$8.04$4.60$3.42$4.68$4.37$3.71$2.91$1.70$3.18
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5.6%-4.4%11.4%16.3%21.8%·······
Revenue CAGR 3Y 4.0%7.4%16.4%·········
Revenue CAGR 5Y 9.8%···········
EPS YoY 14.4%-13.0%16.5%74.8%34.5%·······
EPS CAGR 3Y 5.1%21.0%39.9%·········
EPS CAGR 5Y 22.2%···········
Net Income YoY 11.7%-14.5%15.5%70.7%34.2%·······
Net Income CAGR 3Y 3.3%19.0%38.3%·········
Net Income CAGR 5Y 20.4%···········
Dividends Paid CAGR 5Y 7.3%···········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $4.23B$4.01B$4.19B$3.76B$3.23B$2.66B$3.00B$3.03B$2.62B$2.27B$2.54B$2.81B
Net Income TTM $521M$466M$545M$472M$277M$206M$293M$287M$247M$198M$127M$254M
Market Cap $13.14B$10.54B$12.39B$8.33B$8.20B$6.93B$5.86B$5.01B$6.01B$5.04B$3.67B$5.32B
Enterprise Value $13.98B$11.41B$13.10B$9.25B$8.72B$7.39B······
P/E 25.723.023.218.030.334.020.718.024.726.330.521.7
P/S 3.12.63.02.22.52.62.01.72.32.21.41.9
P/B 8.97.99.58.19.58.87.25.66.57.13.94.1
P / Tangible Book 39.535.029.050.128.821.7······
P / Cash Flow 19.917.618.621.722.519.714.515.218.016.611.813.2
P / FCF 24.621.821.526.727.123.717.619.422.019.914.116.2
EV / EBITDA 17.115.716.313.416.120.4······
EV / FCF 26.223.722.729.728.825.3······
EV / Revenue 3.32.83.12.52.72.8······
Dividend Yield 1.3%1.5%1.2%1.6%1.5%1.7%2.0%2.0%1.5%1.7%2.4%1.4%
Earnings Yield 3.9%4.3%4.3%5.6%3.3%2.9%4.8%5.5%4.0%3.8%3.3%4.6%
Payout Ratio 32.3%34.8%27.2%27.7%44.1%57.3%40.2%35.6%37.4%44.0%68.3%28.9%
Annual Payout $168M$162M$148M$131M$122M$118M$118M$102M$92M$87M$87M$73M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312024-06-302024-03-312023-12-31
Revenue $4.23B $4.01B · · $4.19B
Gross Margin % 36.2% 36.7% · · 35.0%
Operating Margin % 17.0% 15.9% · · 17.1%
Net Income $521M $466M · · $545M
Diluted EPS $9.32 $8.15 · · $9.37

Institutional owners (13F) 741 filers · $12.7B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 741
Value held $12.7B
New positions 72
Exited positions 51
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
72 (-33 vs prior Q) 51 (-7 vs prior Q) 219 (-21 vs prior Q) 269 (+40 vs prior Q) -748K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $1,431,180,905 5,390,309 11.24% Shares
VANGUARD GROUP INC $1,273,852,192 5,315,691 10.00% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $680,935,708 2,564,633 5.35% Shares
VANGUARD CAPITAL MANAGEMENT LLC $657,720,841 2,477,198 5.16% Shares
STATE STREET CORP $600,471,901 2,254,978 4.71% Shares
NORGES BANK $458,934,566 1,728,502 3.60% Shares
GEODE CAPITAL MANAGEMENT, LLC $384,077,488 1,446,305 3.02% Shares
VICTORY CAPITAL MANAGEMENT INC $348,725,878 1,313,419 2.74% Shares
Invesco Ltd. $348,458,837 1,312,413 2.74% Shares
JPMORGAN CHASE & CO $275,878,476 1,041,849 2.17% Shares
AQR CAPITAL MANAGEMENT LLC $244,384,270 922,170 1.92% Shares
Boston Partners $219,046,725 825,118 1.72% Shares
GOLDMAN SACHS GROUP INC $185,084,721 697,091 1.45% Shares
Pictet Asset Management Holding SA $174,980,620 659,040 1.37% Shares
Park Edge Advisors, LLC $167,575,043 631,144 1.32% Shares
KEYBANK NATIONAL ASSOCIATION/OH $141,252,922 532,006 1.11% Shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC $134,576,930 506,862 1.06% Shares
DIMENSIONAL FUND ADVISORS LP $133,880,337 504,250 1.05% Shares
NORTHERN TRUST CORP $123,591,720 465,488 0.97% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $116,602,115 439,166 0.92% Shares
WESTFIELD CAPITAL MANAGEMENT CO LP $114,350,112 430,681 0.90% Shares
Fisher Asset Management, LLC $110,303,325 415,439 0.87% Shares
Bank of New York Mellon Corp $108,330,179 408,008 0.85% Shares
STIFEL FINANCIAL CORP $106,354,783 400,563 0.84% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $100,891,278 379,991 0.79% Shares
FIL Ltd $98,828,929 372,223 0.78% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $98,359,000 370,452 0.77% Shares
MORGAN STANLEY $98,258,833 370,074 0.77% Shares
SATURNA CAPITAL CORP $97,704,300 373,899 0.77% Shares
Freestone Grove Partners LP $95,729,365 360,549 0.75% Shares
CITADEL ADVISORS LLC $93,238,350 351,167 0.73% Shares
VANGUARD FIDUCIARY TRUST CO $92,439,696 348,159 0.73% Shares
Qube Research & Technologies Ltd $91,874,160 346,029 0.72% Shares
PRINCIPAL FINANCIAL GROUP INC $79,931,176 301,046 0.63% Shares
AMERICAN CENTURY COMPANIES INC $79,210,926 298,335 0.62% Shares
Boston Trust Walden Corp $78,487,668 295,611 0.62% Shares
Cartenna Capital, LP $78,325,450 295,000 0.62% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $68,886,061 259,457 0.54% Shares
Quantinno Capital Management LP $60,422,355 227,570 0.47% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $59,251,259 224,982 0.47% Shares
RAYMOND JAMES FINANCIAL INC $56,706,580 213,576 0.45% Shares
Welch & Forbes LLC $55,469,886 208,918 0.44% Shares
Birch Hill Investment Advisors LLC $53,817,549 202,695 0.42% Shares
Merewether Investment Management, LP $50,267,946 189,326 0.39% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $49,736,129 187,323 0.39% Shares
Nuveen, LLC $48,375,850 182,200 0.38% Shares
JANUS HENDERSON GROUP PLC $47,416,114 190,355 0.37% Shares
Fiera Capital Corp $47,050,762 177,209 0.37% Shares
ENVESTNET ASSET MANAGEMENT INC $45,310,220 170,654 0.36% Shares
FIRST TRUST ADVISORS LP $42,923,617 161,665 0.34% Shares

Show all 741 institutional owners →

Company insiders 53 insiders · 29 officers · 24 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Steven B Hedlund CHAIRMAN, PRESIDENT & CEO Aug. 21, 2026 F 63,483 0 0 $0
Raymond S Vogt Sr. V.P. and Asst. to CEO April 19, 2004 M 0 0 0 $0
Gabriel Bruno EVP, CFO & TREASURER March 2, 2026 M 29,920 0 3 $-5,002,272
Vincent K Petrella Executive V.P, CFO & Treasurer March 4, 2020 F 70,888 0 0 $0
Jay H Elliott Sr. V.P., CFO & Treasurer Dec. 1, 2003 M 10,000 0 0 $0
Kevin J. Whaley EVP, Pres, Global Automation July 23, 2026 F 2,640 0 0 $0
Michael J Whitehead EVP, PRESIDENT, AMERICAS WELD June 16, 2026 S 9,319 0 1 $-232,214
Gregory Doria EVP, PRES INTERNATIONAL May 1, 2026 F 5,424 0 0 $0
Lisa Dietrich EVP, CDIO March 2, 2026 F 3,658 0 0 $0
Jennifer I Ansberry EVP, GENERAL COUNSEL & SECY March 2, 2026 F 20,266 0 3 $-3,078,280
Susan C Edwards EVP, CHRO Feb. 18, 2026 A 1,868 0 0 $0
Peter M. Pletcher SVP, PRES. AMERICAS WELDING Feb. 14, 2025 F 5,615 0 0 $0
Michele R Kuhrt EVP, CTO Feb. 14, 2025 F 18,306 0 0 $0
Christopher L Mapes EXECUTIVE CHAIRMAN March 14, 2024 A 107,267 0 0 $0
Geoffrey P Allman SVP, STRATEGY & BUSINESS DEVEL March 1, 2024 F 10,277 0 0 $0
Michael Mintun SVP, Sales, Americas Welding March 4, 2021 F 3,110 0 0 $0
Douglas S Lance SVP, Pres, North America Weld March 4, 2021 A 8,627 0 0 $0
David J Nangle EVP; Pres Harris Products Gr. March 4, 2021 F 7,747 0 0 $0
Thomas A Flohn SVP; Pres, Intern'l Welding March 4, 2021 F 25,796 0 0 $0
George D Blankenship Ex.VP; Pres., Americas Welding March 4, 2020 A 60,535 0 0 $0
Mathias Hallmann SVP, Pres.,Int'l Welding Feb. 22, 2017 A 11,550 0 0 $0
Frederick G Stueber Ex. VP, General Counsel & Secy Feb. 17, 2017 M 20,745 0 0 $0
Gretchen A Farrell Ex. VP., Chief H.R. Officer March 3, 2015 F 15,884 0 0 $0
John M Stropki Executive Chairman Dec. 16, 2013 M 169,011 0 0 $0
David M Leblanc Sr. VP; President, LE Int'l March 5, 2013 M 34,103 0 0 $0
Robert K Gudbranson VP Strat Planning/Acq Nov. 28, 2007 A 1,570 0 0 $0
Ralph C Fernandez VP; Pres. (Lat. Am.) May 2, 2007 M 4,530 0 0 $0
James E Schilling Sr. V.P. Corporate Development Feb. 23, 2006 M 4,040 0 0 $0
Anthony A Massaro Chairman July 22, 2004 M 33,954 0 0 $0
Bonnie J Fetch Director April 17, 2026 A 2,707 0 0 $0
Purushotam Patel Benny Director April 17, 2026 A 8,567 0 0 $0
Patrick P. Goris Director April 17, 2026 A 9,176 0 0 $0
Marc A Howze Director April 17, 2026 A 2,550 0 0 $0
Nancy Joy Falotico Director April 17, 2026 A 1,523 0 0 $0
Kathryn Jo Lincoln Director April 17, 2026 A 34,770 0 0 $0
Kellye L. Walker Director Dec. 11, 2024 A 4,858 0 0 $0
Hellene S Runtagh Director Dec. 12, 2023 G 29,735 0 0 $0
Stephen G Hanks Director Dec. 9, 2021 A 27,198 0 0 $0
Russell G Lincoln Director Dec. 9, 2021 A 219,065 0 0 $0
William E Macdonald III Director Dec. 9, 2021 A 15,450 0 0 $0
George H Walls JR Director Dec. 14, 2017 A 44,867 0 0 $0
David H Gunning Director Dec. 14, 2017 A 10,537 0 0 $0
Robert J Knoll Director Feb. 26, 2015 S 17,767 0 0 $0
Harold L Adams Director Dec. 15, 2014 A 19,529 0 0 $0
Ranko Cucoz Director March 13, 2006 M 0 0 0 $0
Paul Edward Lego Director Nov. 30, 2004 A 9,559 0 0 $0
Harry Carlson Director April 23, 2004 S 35,954 0 0 $0
Frank L Steingass Director Nov. 28, 2003 A 354,179 0 0 $0
Henry L Meyer III Director Nov. 28, 2003 A · 0 0 $0
Michael F Hilton · April 17, 2026 A 13,880 0 0 $0
Brian Chambers · April 17, 2026 A 4,351 0 0 $0
Curtis E Espeland · April 17, 2026 A 19,110 0 0 $0
Phillip J Mason · Dec. 10, 2025 A 8,802 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 83 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
CSMD · Professionally Managed Portfolios 2.14% 37,261 NS July 31, 2026 N-PORT
XMHQ · Invesco Exchange-Traded Fund Trust 2.12% 424,406 SH Oct. 2, 2026 Daily
PRNT · ARK ETF Trust 1.90% 4,265 NS July 31, 2026 N-PORT
MCOW · Pacer Funds Trust 1.57% 64 NS July 31, 2026 N-PORT
LCLG · Advisors Series Trust 1.34% 5,526 NS July 31, 2026 N-PORT
CZA · Invesco Exchange-Traded Fund Trust 0.78% 5,845 SH Oct. 2, 2026 Daily
QQQJ · Invesco Exchange-Traded Fund Trust … 0.74% 32,209 SH Oct. 2, 2026 Daily
MADE · iShares Trust 0.66% 1,562 SH Sept. 11, 2026 Daily
PAMC · Pacer Funds Trust 0.59% 1,205 NS July 31, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.52% 36,760 SH Aug. 19, 2026 Daily
QVMM · Invesco Exchange-Traded Fund Trust … 0.49% 7,538 SH Oct. 2, 2026 Daily
FNY · First Trust Exchange-Traded AlphaDE… 0.47% 10,371 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.45% 17,402 SH Sept. 11, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.44% 12,522 NS July 31, 2026 N-PORT
BULD · Pacer Funds Trust 0.43% 242 NS July 31, 2026 N-PORT
PTMC · Pacer Funds Trust 0.40% 6,020 NS July 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.40% 725,735 SH Aug. 19, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.40% 88,499 SH Aug. 19, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.37% 9,053 NS July 31, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.36% 6,329 NS July 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.31% 24,034 NS July 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.31% 805 NS July 31, 2026 N-PORT
SOVF · Elevation Series Trust 0.28% 930 NS July 31, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.27% 15,054 SH Aug. 19, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.24% 4,353 SH Aug. 19, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.23% 22,500 NS July 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.21% 2,016 NS July 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 66,339 NS July 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.20% 17,540 NS July 31, 2026 N-PORT
ESML · iShares Trust 0.20% 21,841 SH Sept. 11, 2026 Daily
SMDX · Tidal Trust III 0.19% 965 NS July 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.19% 64,938 SH Aug. 19, 2026 Daily
SMMD · iShares Trust 0.19% 28,461 SH Sept. 11, 2026 Daily
RWK · Invesco Exchange-Traded Fund Trust … 0.18% 8,627 SH Oct. 2, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.17% 1,256,439 SH Aug. 19, 2026 Daily
IYJ · iShares Trust 0.17% 12,640 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.16% 628,776 SH Aug. 19, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.15% 7,760 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.14% 3,112 NS July 31, 2026 N-PORT
XT · iShares Trust 0.13% 19,790 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.12% 3,300 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.10% 61,001 SH Sept. 11, 2026 Daily
IWR · iShares Trust 0.10% 218,307 SH Sept. 11, 2026 Daily
IWP · iShares Trust 0.09% 70,789 SH Sept. 11, 2026 Daily
LRND · New York Life Investments ETF Trust 0.08% 1,237 NS July 31, 2026 N-PORT
VFMO · VANGUARD WELLINGTON FUND 0.07% 5,561 SH Aug. 19, 2026 Daily
VIG · VANGUARD SPECIALIZED FUNDS 0.06% 309,515 SH Aug. 19, 2026 Daily
PFM · Invesco Exchange-Traded Fund Trust 0.05% 1,560 SH Oct. 2, 2026 Daily
DFAC · Dimensional ETF Trust 0.05% 91,362 NS July 31, 2026 N-PORT
DUHP · Dimensional ETF Trust 0.05% 22,385 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.05% 1,400 SH Oct. 2, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.04% 6,734 SH Oct. 2, 2026 Daily
DSI · iShares Trust 0.04% 8,142 SH Sept. 11, 2026 Daily
DXUV · Dimensional ETF Trust 0.04% 783 NS July 31, 2026 N-PORT
DGRO · iShares Trust 0.04% 61,767 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.03% 4,101 NS July 31, 2026 N-PORT
VONV · VANGUARD SCOTTSDALE FUNDS 0.03% 24,557 SH Aug. 19, 2026 Daily
DFAU · Dimensional ETF Trust 0.03% 14,253 NS July 31, 2026 N-PORT
IWD · iShares Trust 0.03% 90,306 SH Sept. 11, 2026 Daily
DFSU · Dimensional ETF Trust 0.03% 2,354 NS July 31, 2026 N-PORT
IUSG · iShares Trust 0.02% 32,500 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.02% 2,054 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.02% 16,465 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.02% 7,461 SH Oct. 2, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.02% 1,739,965 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.02% 8,788 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.02% 4,485 SH Aug. 19, 2026 Daily
IYY · iShares Trust 0.02% 2,362 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.02% 15,328 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.02% 36,664 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.02% 71,571 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.01% 15,693 SH Sept. 11, 2026 Daily
DFVX · Dimensional ETF Trust 0.01% 249 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 48,464 SH Aug. 19, 2026 Daily
VONG · VANGUARD SCOTTSDALE FUNDS 0.01% 19,806 SH Aug. 19, 2026 Daily
IWF · iShares Trust 0.01% 47,331 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.00% 1,984 NS July 31, 2026 N-PORT
IJH · iShares Trust · 1,922,585 SH Sept. 11, 2026 Daily
IJK · iShares Trust · 216,057 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 89,395 SH Aug. 25, 2026 Daily
XJH · iShares Trust · 7,484 SH Sept. 8, 2026 Daily
ISCB · iShares Trust · 2,462 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 9,408 SH Sept. 11, 2026 Daily

LECO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 19 analysts BUY
Median target $320.00 +16.4%
3 15.8% Strong Buy
9 47.4% Buy
7 36.8% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

11 analysts · 2026-10-04

Mean target $304.91 +10.9%

Now Current price $274.94
Low$238.00 Mean$304.91 High$340.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
LECO $13.14B 25.7 5.6% 12.3% 36.5% 36.2%
NDSN $12.97B 27.3 3.8% 17.3% 16.1% ·
ITT · 28.4 8.5% 12.4% 14.2% 35.4%
IEX $16.03B 27.8 5.8% 14.0% 12.3% 44.5%
FTV $17.30B 31.9 1.9% 13.9% 7.0% 63.5%
RBC $17.42B 58.6 14.3% 15.4% 8.8% 44.4%
MLI $13.13B 17.2 10.9% 18.3% 25.6% ·
SWK $11.86B 28.9 -1.5% 2.7% 4.4% ·
GGG $13.77B 27.1 5.8% 23.3% 20.2% 52.4%
CR $10.62B 29.5 8.2% 15.9% 19.8% ·
WTS · 27.1 8.3% 14.0% 17.4% 49.5%

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 30, 2026