Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln has 55 manufacturing locations in 18 countries and a worldwide network of distributors and sales offices covering more than 160 countries.
Company profile
Ticker
LECO
Exchange
Website
CEO
Christopher Mapes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LINCOLN ELECTRIC CO
SEC CIK
Corporate docs
Subsidiaries
16280 23 Mile, LLC • A. B. Arriendos S.A. • Ductil SA • Europaische Holding Intercito GmbH • Fori Asia Holdings Co., Limited • Fori Automation de Mexico • Fori Automation do Brasil Automacao Ltda • Fori Automation GmbH • Fori Automation Holding Co., Limited • Fori Automation India Private Limited ...
IRS number
340359955
LECO stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
17 Mar 23
DEF 14A
Definitive proxy
17 Mar 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Lincoln Electric Reports Fourth Quarter and Full Year 2022 Results
21 Feb 23
8-K
Amendments to Articles of Incorporation or Bylaws
17 Feb 23
8-K
Entry into a Material Definitive Agreement
1 Dec 22
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
Lincoln Electric Reports Third Quarter 2022 Results
27 Oct 22
UPLOAD
Letter from SEC
17 Oct 22
8-K
Other Events
14 Oct 22
Transcripts
LECO
Earnings call transcript
2022 Q4
21 Feb 23
LECO
Earnings call transcript
2022 Q3
27 Oct 22
LECO
Earnings call transcript
2022 Q2
28 Jul 22
LECO
Earnings call transcript
2022 Q1
28 Apr 22
LECO
Earnings call transcript
2021 Q4
10 Feb 22
LECO
Earnings call transcript
2021 Q3
28 Oct 21
LECO
Earnings call transcript
2021 Q2
27 Jul 21
LECO
Earnings call transcript
2021 Q1
27 Apr 21
LECO
Earnings call transcript
2020 Q4
12 Feb 21
LECO
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q4 2022
31.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 428 |
| Opened positions | 73 |
| Closed positions | 39 |
| Increased positions | 156 |
| Reduced positions | 121 |
| 13F shares | Current |
|---|---|
| Total value | 6.32 tn |
| Total shares | 44.09 mm |
| Total puts | 12.60 k |
| Total calls | 25.20 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 6.02 mm | $870.53 bn |
| BLK Blackrock | 5.27 mm | $762.10 bn |
| STT State Street | 2.84 mm | $411.66 bn |
| JPM JPMorgan Chase & Co. | 2.69 mm | $388.53 bn |
| Victory Capital Management | 1.71 mm | $246.54 bn |
| Keybank National Association | 1.32 mm | $190.41 bn |
| Bessemer | 1.21 mm | $175.35 bn |
| Wellington Management | 996.83 k | $144.03 bn |
| Geode Capital Management | 938.67 k | $135.82 bn |
| William Blair Investment Management | 817.17 k | $118.07 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Mar 23 | Christopher L Mapes | Common Shares | Sell | Dispose S | No | No | 171.77 | 14,625 | 2.51 mm | 180,384.001 |
| 6 Mar 23 | Geoffrey P Allman | Common Shares | Sell | Dispose S | No | No | 171.55 | 809 | 138.78 k | 11,654 |
| 3 Mar 23 | Christopher L Mapes | Common Shares | Payment of exercise | Dispose F | No | No | 173.44 | 11,487 | 1.99 mm | 195,009.001 |
| 3 Mar 23 | Christopher L Mapes | Common Shares | Grant | Acquire A | No | No | 0 | 26,112 | 0.00 | 206,496.001 |
| 3 Mar 23 | Jennifer I Ansberry | Common Shares | Payment of exercise | Dispose F | No | No | 173.44 | 1,562 | 270.91 k | 19,570 |
| 3 Mar 23 | Jennifer I Ansberry | Common Shares | Grant | Acquire A | No | No | 0 | 3,479 | 0.00 | 21,132 |
| 3 Mar 23 | Steven B Hedlund | Common Shares | Payment of exercise | Dispose F | No | No | 173.44 | 1,835 | 318.26 k | 41,105.287 |
| 3 Mar 23 | Steven B Hedlund | Common Shares | Grant | Acquire A | No | No | 0 | 4,015 | 0.00 | 42,940.287 |
| 3 Mar 23 | Geoffrey P Allman | Common Shares | Payment of exercise | Dispose F | No | No | 173.44 | 660 | 114.47 k | 12,463 |
| 3 Mar 23 | Geoffrey P Allman | Common Shares | Grant | Acquire A | No | No | 0 | 1,469 | 0.00 | 13,123 |
News
Morgan Stanley Maintains Equal-Weight on Lincoln Electric Holdings, Raises Price Target to $151
22 Feb 23
Lincoln Electric Holdings Earnings Perspective: Return On Invested Capital
22 Feb 23
Baird Maintains Outperform on Lincoln Electric Holdings, Raises Price Target to $180
22 Feb 23
Big Retailers Report
21 Feb 23
Lincoln Electric Holdings Q4 Adj EPS $1.94 Beats $1.90 Estimate, Sales $930.90M Beat $922.98M Estimate
21 Feb 23
Press releases
Lincoln Electric Named by Ethisphere as One of the 2023 World's Most Ethical Companies® for the Fifth Time
13 Mar 23
Lincoln Electric Reports Fourth Quarter and Full Year 2022 Results
21 Feb 23
Lincoln Electric Board Declares Dividend
15 Feb 23
Lincoln Electric to Present at the Barclays Industrial Select Conference
10 Feb 23
Lincoln Electric Schedules Webcast for Fourth Quarter and Full Year 2022 Results
11 Jan 23