Lindsay Co. (NYSE:LNN – Free Report) – Equities researchers at William Blair upped their Q2 2025 earnings per share (EPS) estimates for shares of Lindsay in a research report issued to clients and investors on Wednesday, January 8th. William Blair analyst B. Drab now forecasts that the industrial products company will post earnings of $1.89 per share for the quarter, up from their previous forecast of $1.60. The consensus estimate for Lindsay’s current full-year earnings is $5.64 per share. William Blair also issued estimates for Lindsay’s Q3 2025 earnings at $1.35 EPS and Q4 2025 earnings at $1.21 EPS.
A number of other research firms have also recently commented on LNN. StockNews.com raised Lindsay from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Stifel Nicolaus boosted their price target on Lindsay from $126.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday.
Lindsay Price Performance
Lindsay stock opened at $122.92 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.69 and a current ratio of 3.92. Lindsay has a 52 week low of $109.27 and a 52 week high of $135.20. The stock has a market capitalization of $1.33 billion, a P/E ratio of 20.42 and a beta of 0.66. The stock has a fifty day moving average of $125.74 and a 200-day moving average of $122.01.
Lindsay (NYSE:LNN – Get Free Report) last announced its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.18. The firm had revenue of $166.30 million during the quarter, compared to analysts’ expectations of $169.78 million. Lindsay had a return on equity of 12.86% and a net margin of 10.91%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.36 EPS.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in LNN. Royce & Associates LP raised its stake in Lindsay by 1.6% during the 3rd quarter. Royce & Associates LP now owns 404,701 shares of the industrial products company’s stock worth $50,442,000 after buying an additional 6,253 shares during the period. KBC Group NV raised its stake in shares of Lindsay by 32.7% in the third quarter. KBC Group NV now owns 343,132 shares of the industrial products company’s stock worth $42,768,000 after purchasing an additional 84,560 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Lindsay by 6.7% in the second quarter. Dimensional Fund Advisors LP now owns 341,554 shares of the industrial products company’s stock worth $41,975,000 after purchasing an additional 21,474 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Lindsay by 35.4% in the third quarter. Wellington Management Group LLP now owns 138,170 shares of the industrial products company’s stock worth $17,222,000 after purchasing an additional 36,128 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Lindsay by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 132,952 shares of the industrial products company’s stock worth $16,571,000 after purchasing an additional 5,007 shares during the last quarter. 89.94% of the stock is owned by institutional investors and hedge funds.
Lindsay Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.17%. Lindsay’s dividend payout ratio is 23.11%.
Lindsay Company Profile
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.
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