William Blair Has Negative Forecast for Lindsay Q3 Earnings

Lindsay Co. (NYSE:LNN) – William Blair decreased their Q3 2025 earnings per share (EPS) estimates for shares of Lindsay in a research report issued to clients and investors on Thursday, April 3rd. William Blair analyst B. Drab now anticipates that the industrial products company will earn $1.34 per share for the quarter, down from their prior forecast of $1.35. The consensus estimate for Lindsay’s current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay’s FY2026 earnings at $7.05 EPS.

Other analysts have also issued research reports about the company. Stifel Nicolaus upped their target price on Lindsay from $130.00 to $134.00 and gave the stock a “hold” rating in a report on Friday. StockNews.com lowered Lindsay from a “buy” rating to a “hold” rating in a research report on Thursday.

Lindsay Trading Down 7.4 %

Shares of NYSE:LNN opened at $119.75 on Monday. The stock has a market capitalization of $1.30 billion, a PE ratio of 19.22 and a beta of 0.72. The company’s 50-day moving average price is $131.04 and its two-hundred day moving average price is $127.02. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.87 and a quick ratio of 2.65. Lindsay has a one year low of $109.27 and a one year high of $140.27.

Lindsay (NYSE:LNN) last announced its quarterly earnings data on Thursday, April 3rd. The industrial products company reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.55. The business had revenue of $187.10 million for the quarter, compared to analyst estimates of $174.50 million. Lindsay had a net margin of 11.18% and a return on equity of 13.17%. The firm’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 earnings per share.

Lindsay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.20%. Lindsay’s dividend payout ratio (DPR) is presently 23.11%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in Lindsay by 5.8% during the fourth quarter. Wellington Management Group LLP now owns 146,122 shares of the industrial products company’s stock worth $17,288,000 after purchasing an additional 7,952 shares during the period. Putney Financial Group LLC acquired a new stake in shares of Lindsay in the fourth quarter valued at approximately $233,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Lindsay by 7.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,245 shares of the industrial products company’s stock worth $4,288,000 after acquiring an additional 2,413 shares during the period. Raiffeisen Bank International AG acquired a new position in shares of Lindsay during the 4th quarter worth approximately $2,885,000. Finally, Millennium Management LLC raised its stake in Lindsay by 80.0% in the 4th quarter. Millennium Management LLC now owns 8,636 shares of the industrial products company’s stock valued at $1,022,000 after acquiring an additional 3,838 shares during the period. 89.94% of the stock is currently owned by institutional investors and hedge funds.

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.