New insider activity at Lincoln Electric Holdings ( (LECO) ) has taken place on February 22, 2025.
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In a notable transaction, Steven Hedlund, who holds the positions of Chair, President, and CEO at Lincoln Electric Holdings, has sold 21,054 shares of the company’s stock. This significant sale is valued at $4,536,325.
Recent Updates on LECO stock
In the last 24 hours, Lincoln Electric Holdings has seen positive developments in its stock price targets, driven by its recent Q4 earnings report. Barclays raised its price target due to Lincoln’s strong earnings power within a stable market environment. Baird increased its target following Q4 results that highlighted solid cost execution and advancements in automation. KeyBanc also lifted its target, noting the stock’s significant increase post-earnings and the company’s record operating margin despite challenging conditions. Lincoln Electric reported a Q4 adjusted EPS of $2.57, exceeding expectations, which, along with effective cost management and growth in its automation portfolio, has positioned it well for future opportunities. Despite international sales challenges and market uncertainties, Lincoln Electric’s strategic focus on acquisitions and cost-saving measures has supported its strong financial performance and commitment to shareholder value.
More about Lincoln Electric Holdings
YTD Price Performance: 14.53%
Average Trading Volume: 292,579
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $11.94B