$LECO

Lincoln Electric (LECO) reported Q3 2026 record sales of $1.22B, up 15.1% YoY, with 8.8% volume growth. EPS of $2.98 beat estimates. Shares rose 7.2%. All segments grew, with Americas Welding leading. The company increased full-year guidance and boosted capital spending plans.

LINCOLN ELECTRIC HOLDINGS INC (LECO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ​ Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com ​ LINCOLN ELECTRIC REPORTS THIRD QUARTER 2026 RESULTS ​ ​ ​ Third Quarter 2026 Highlights ​ ◾ Net sales increase 15.1% to $1,221 million; organic sales increase 14.5% led by volume g

Lincoln Electric (LECO) reported Q3 Non-GAAP EPS of $2.98, beating estimates by $0.17. Revenue was $1.22B, up 15.1% Y/Y, exceeding expectations by $50M. The company generated $216M in cash flows from operations and returned $143M to shareholders.

American Electric Power (AEP) raised its quarterly dividend to 97 cents, a 2.1% increase, with a yield of 3.03%. Duke Energy (DUK) increased its dividend by 1.9% to $1.085, yielding 3.57%. Starbucks (SBUX) raised its dividend by 1.6% to $0.63, yielding 2.45%. McDonald's (MCD) boosted its dividend by 3.8% to $1.93, yielding 2.93%. Each company's dividend safety and growth prospects were analyzed.

Lincoln Electric (LECO), A.O. Smith (AOS), and MSC Industrial Direct (MSM) raised their quarterly dividends. LECO increased by 10.1%, AOS by 5.6%, and MSM by 2.3%. LECO has the fastest growth and widest coverage, AOS the longest raise streak, and MSM the highest yield. All three maintained payouts despite industrial demand softening.

Lincoln Electric (LECO) raised its quarterly dividend by 10% to $0.87 per share, or $3.48 annually, payable Jan. 15, 2027. This continues the company's dividend growth streak, according to the company.

Lincoln Electric Holdings Inc (LECO) shares fell 4.5% to $263.17. The stock is up 10.8% year-to-date and 12.7% over one year. GuruFocus estimates the stock is 2.5% overvalued at current levels, with a GF Score of 98/100. Insiders sold $8.3M in shares over the past year. The P/E ratio is 26.3x, above its 5-year median of 24.3x.

Kennametal (NASDAQ:HLMN) reported the fastest revenue growth and highest guidance raise among peers, but its stock fell 13.2% to $31.30. Lincoln Electric (NASDAQ:LECO) reported $1.22B revenue, up 12% YoY, and its stock rose 8.3% to $279.43. Stanley Black & Decker (NYSE:SWK) reported flat revenue at $3.96B but beat EPS and EBITDA estimates, with its stock down 3.3% to $91.09. Hyster-Yale (NYSE:HY) reported a 15% revenue decline but beat EPS estimates, with its stock down 11.5% to $31.10.

Lincoln Electric retired 1.6% of its shares over the past year, boosting earnings per share. Net income rose 5.2% annually, while EPS increased 6.9% annually. The company's total shareholder yield is 2.6%, funded by operating cash flow. Management raised full-year 2026 sales assumptions, expecting high single-digit to low double-digit growth, driven by Americas' recovery and record backlog.

Lincoln Electric Holdings (LECO) stock fell 8.4% to $248.84 after its CFO's comments at the Jefferies conference disappointed investors. The company faces leadership changes and delayed pricing benefits. The broader market decline also contributed to the sell-off.