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Upturn AI SWOT - About
LECO 
Lincoln Electric Holdings Inc (LECO)
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Upturn Advisory Summary
10/27/2025: LECO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $259.7
1 Year Target Price $259.7
| 5 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.35% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/27/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.34B USD | Price to earnings Ratio 27.17 | 1Y Target Price 259.7 |
Price to earnings Ratio 27.17 | 1Y Target Price 259.7 | ||
Volume (30-day avg) 10 | Beta 1.21 | 52 Weeks Range 160.02 - 248.39 | Updated Date 10/26/2025 |
52 Weeks Range 160.02 - 248.39 | Updated Date 10/26/2025 | ||
Dividends yield (FY) 1.22% | Basic EPS (TTM) 8.9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-10-30 | When - | Estimate 2.42 | Actual - |
Profitability
Profit Margin 12.27% | Operating Margin (TTM) 16.67% |
Management Effectiveness
Return on Assets (TTM) 12.23% | Return on Equity (TTM) 37.35% |
Valuation
Trailing PE 27.17 | Forward PE 22.17 | Enterprise Value 13740684138 | Price to Sales(TTM) 3.26 |
Enterprise Value 13740684138 | Price to Sales(TTM) 3.26 | ||
Enterprise Value to Revenue 3.35 | Enterprise Value to EBITDA 17.66 | Shares Outstanding 55186252 | Shares Floating 54069834 |
Shares Outstanding 55186252 | Shares Floating 54069834 | ||
Percent Insiders 1.62 | Percent Institutions 81.61 |
Upturn AI SWOT
Lincoln Electric Holdings Inc
Company Overview
History and Background
Lincoln Electric was founded in 1895 by John C. Lincoln. It initially manufactured electric motors before shifting its focus to welding products and solutions. Over time, Lincoln Electric has grown into a global leader in the design, development, and manufacture of arc welding products, robotic welding systems, plasma and oxy-fuel cutting equipment.
Core Business Areas
- Americas Welding: This segment manufactures and sells welding consumables, equipment, and automation solutions in North and South America.
- International Welding: This segment serves markets outside of the Americas, focusing on similar welding products, equipment, and automation.
- The Harris Products Group: This segment produces brazing and soldering alloys and equipment as well as gas regulation and delivery systems.
Leadership and Structure
Christopher L. Mapes serves as the Chairman, President, and CEO. The company has a traditional hierarchical structure with functional departments such as operations, finance, sales, and marketing.
Top Products and Market Share
Key Offerings
- Stick Welding Electrodes: Lincoln Electric is a leading manufacturer of stick welding electrodes. While precise market share data is variable and fragmented, they are considered a market leader in this segment. Competitors include ESAB, Illinois Tool Works (ITW), and Miller Electric.
- MIG Welding Equipment: Lincoln Electric produces a range of MIG (Metal Inert Gas) welding machines. Market share information is also variable and difficult to determine exactly, but Lincoln Electric is a major player. Competitors include ESAB, Illinois Tool Works (ITW), and Miller Electric.
- Robotic Welding Systems: Lincoln Electric offers robotic welding systems, including collaborative robots. The robotic welding market is growing rapidly. Competitors include ABB, FANUC, and Yaskawa.
Market Dynamics
Industry Overview
The welding industry is driven by infrastructure development, manufacturing activity, and automotive production. Demand is cyclical and influenced by macroeconomic conditions. The industry is trending toward automation and digital solutions.
Positioning
Lincoln Electric is positioned as a premium provider of welding solutions, known for its quality, innovation, and technical expertise. They have a strong brand reputation and extensive distribution network.
Total Addressable Market (TAM)
The global welding market is estimated to be in the tens of billions of USD annually. Lincoln Electric, as a market leader, is well-positioned to capture a significant share of this TAM through its diverse product portfolio and global reach.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive distribution network
- Wide product portfolio
- Technological innovation
- Global presence
Weaknesses
- Cyclical revenue stream
- Dependence on commodity prices (steel, etc.)
- Exposure to currency fluctuations
- Potential for product liability claims
Opportunities
- Growth in emerging markets
- Increased adoption of robotic welding
- Development of new welding technologies
- Expansion into related product areas
- Acquisitions of smaller competitors
Threats
- Economic downturns
- Increased competition
- Rising raw material costs
- Trade barriers
- Technological disruptions
Competitors and Market Share
Key Competitors
- ITW
- ESAB
Competitive Landscape
Lincoln Electric competes on product quality, technology, and distribution. ITW and ESAB are large, diversified industrial companies with significant resources. Lincoln Electric focuses on welding and cutting.
Major Acquisitions
Baker Industries
- Year: 2022
- Acquisition Price (USD millions): 25
- Strategic Rationale: Expands Lincoln Electric's automation capabilities and provides access to new markets.
Growth Trajectory and Initiatives
Historical Growth: Lincoln Electric has achieved growth through organic initiatives and acquisitions, expanding its product portfolio and geographic reach.
Future Projections: Analysts project continued growth for Lincoln Electric, driven by favorable industry trends and the company's strong competitive position.
Recent Initiatives: Recent initiatives include investments in automation, digital solutions, and new product development.
Summary
Lincoln Electric is a strong company with a leading position in the welding industry. Its strengths include a strong brand, extensive distribution network, and wide product portfolio. It faces cyclical market conditions and increasing competition. Lincoln Electric should continue to innovate and expand into new markets to sustain its growth trajectory.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Analyst Reports
- Industry Research Reports
- Company Website
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lincoln Electric Holdings Inc
Exchange NASDAQ | Headquaters Cleveland, OH, United States | ||
IPO Launch date 1995-06-13 | President, CEO & Chairman Mr. Steven B. Hedlund | ||
Sector Industrials | Industry Tools & Accessories | Full time employees 12000 | Website https://www.lincolnelectric.com |
Full time employees 12000 | Website https://www.lincolnelectric.com | ||
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business. It also provides mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, charger/boosters, and electrified power equipment; automated welding system and solutions; automated material handling solutions; and specialty welding consumables, wear plates, and maintenance and repair services for alloy and wear-resistant products, as well as develops and integrates autonomous guided vehicles and mobile robots, custom assembly and test systems, and proprietary manufacturing execution system software. The company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, including OEMs, manufacturers, and integrators, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
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