Representative Jared Moskowitz (D-Florida) recently sold shares of Lincoln Electric Holdings, Inc. (NASDAQ:LECO). In a filing disclosed on May 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lincoln Electric stock on April 7th. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (1)” account.
Representative Jared Moskowitz also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 4/16/2025.
- Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/16/2025.
- Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 4/10/2025.
- Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
- Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
- Purchased $1,001 – $15,000 in shares of Southern (NYSE:SO) on 4/7/2025.
- Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/7/2025.
- Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/7/2025.
- Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/7/2025.
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/7/2025.
Lincoln Electric Stock Up 4.8%
Shares of NASDAQ:LECO opened at $194.89 on Tuesday. Lincoln Electric Holdings, Inc. has a 52 week low of $161.11 and a 52 week high of $238.47. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 1.87. The company’s fifty day moving average is $185.35 and its 200-day moving average is $195.57. The company has a market capitalization of $10.88 billion, a PE ratio of 23.91, a P/E/G ratio of 1.51 and a beta of 1.18.
Lincoln Electric Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $0.75 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.00 annualized dividend and a dividend yield of 1.54%. Lincoln Electric’s dividend payout ratio is presently 36.99%.
Insiders Place Their Bets
In other news, CEO Steven B. Hedlund sold 21,054 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $215.47, for a total value of $4,536,505.38. Following the completion of the sale, the chief executive officer now directly owns 54,660 shares of the company’s stock, valued at $11,777,590.20. This represents a 27.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 2.63% of the company’s stock.
Analysts Set New Price Targets
LECO has been the subject of a number of research analyst reports. StockNews.com raised Lincoln Electric from a “hold” rating to a “buy” rating in a report on Friday, April 25th. Stifel Nicolaus lifted their price target on Lincoln Electric from $178.00 to $180.00 and gave the company a “hold” rating in a report on Thursday, May 1st. Robert W. Baird cut their price target on Lincoln Electric from $242.00 to $212.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Morgan Stanley lifted their price target on Lincoln Electric from $179.00 to $180.00 and gave the company an “underweight” rating in a report on Tuesday, May 6th. Finally, Barclays lifted their price target on Lincoln Electric from $220.00 to $235.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Lincoln Electric has a consensus rating of “Moderate Buy” and a consensus target price of $216.17.
Read Our Latest Report on Lincoln Electric
Institutional Trading of Lincoln Electric
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in Lincoln Electric by 28.7% during the 4th quarter. Blue Trust Inc. now owns 431 shares of the industrial products company’s stock worth $83,000 after purchasing an additional 96 shares during the last quarter. Empowered Funds LLC bought a new stake in Lincoln Electric during the 4th quarter worth about $496,000. US Bancorp DE raised its holdings in Lincoln Electric by 5.0% during the 4th quarter. US Bancorp DE now owns 5,262 shares of the industrial products company’s stock worth $986,000 after purchasing an additional 252 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Lincoln Electric by 0.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 358,331 shares of the industrial products company’s stock worth $67,176,000 after purchasing an additional 2,088 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Lincoln Electric by 255.1% during the 4th quarter. Jones Financial Companies Lllp now owns 174 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. 79.61% of the stock is owned by institutional investors.
About Representative Moskowitz
Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.
Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.
About Lincoln Electric
Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as 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 in the United States.
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