Lindsay (NYSE:LNN) Stock Gets Price Target Cut from Stifel Nicolaus

Lindsay (NYSE:LNN) had its price target lowered by Stifel Nicolaus from $121.00 to $119.00 in a research report released on Friday, MarketBeat Ratings reports. The brokerage currently has a hold rating on the industrial products company’s stock.

Several other research firms also recently issued reports on LNN. Weiss Ratings downgraded Lindsay from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 16th. Zacks Research upgraded Lindsay from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 30th. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $119.00.

Lindsay Trading Down 0.0%

LNN opened at $105.62 on Friday. The stock has a market capitalization of $1.07 billion, a P/E ratio of 19.85 and a beta of 0.69. Lindsay has a 12 month low of $97.27 and a 12 month high of $148.00. The firm’s fifty day simple moving average is $114.77 and its 200 day simple moving average is $113.74. The company has a current ratio of 3.15, a quick ratio of 2.25 and a debt-to-equity ratio of 0.23.

Lindsay (NYSE:LNN) last announced its earnings results on Thursday, October 22nd. The industrial products company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.12. The firm had revenue of $161.57 million during the quarter, compared to analyst estimates of $147.56 million. Lindsay had a net margin of 8.75% and a return on equity of 10.96%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.99 EPS. As a group, research analysts anticipate that Lindsay will post 5.64 EPS for the current fiscal year.

Lindsay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, November 16th. Lindsay’s dividend payout ratio (DPR) is currently 28.57%.

Institutional Trading of Lindsay

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC lifted its position in shares of Lindsay by 1,295.8% in the first quarter. Parallel Advisors LLC now owns 335 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 311 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Lindsay by 86.2% during the third quarter. Nisa Investment Advisors LLC now owns 512 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 237 shares during the last quarter. GAMMA Investing LLC grew its position in Lindsay by 126.3% in the third quarter. GAMMA Investing LLC now owns 697 shares of the industrial products company’s stock valued at $78,000 after purchasing an additional 389 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Lindsay in the second quarter valued at $109,000. Finally, Nykredit A S bought a new position in Lindsay in the second quarter valued at $123,000. 89.94% of the stock is currently owned by institutional investors and hedge funds.

Lindsay News Roundup

Here are the key news stories impacting Lindsay this week:

• Positive Sentiment: Fourth-quarter results exceeded expectations. Lindsay reported fiscal Q4 EPS of $1.10, above the $0.98 consensus estimate, while revenue rose 5.2% year over year to $161.6 million versus expectations of $147.6 million. Operating income increased 39%, supported by higher North American irrigation and infrastructure sales. Lindsay Corporation Reports Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Brazilian acquisition expands Lindsay’s irrigation footprint. The company agreed to acquire Setorial Irrigação, a Brazilian hose-reel irrigation manufacturer. Management expects the deal to strengthen its position in Brazil and generate approximately $8 million in net annualized cost reductions, although closing remains subject to customary conditions. Lindsay Announces Agreement to Acquire Setorial Irrigação
• Positive Sentiment: Dividend maintained. Lindsay declared a quarterly dividend of $0.38 per share, equivalent to $1.52 annually and a yield of approximately 1.4%. Investors must own shares before the November 16 ex-dividend date to qualify.
• Neutral Sentiment: The company adopted its fiscal 2027 management incentive plan, aligning executive compensation with future operating goals but providing limited immediate financial impact. Lindsay 2027 Management Incentive Plan
• Negative Sentiment: Analyst caution is weighing on sentiment. Stifel Nicolaus lowered its price target from $121 to $119 and retained a “hold” rating, signaling limited conviction in near-term upside despite the earnings beat.
• Negative Sentiment: Investor reaction also reflects concerns discussed around earnings-season weakness and the need for the planned cost savings, international growth and acquisition synergies to translate into sustained profit improvement.

Lindsay Company Profile

Lindsay Corporation is a U.S.-based manufacturer of irrigation and infrastructure products. The company’s irrigation business provides center-pivot and lateral-move irrigation systems, water-management technologies, and related equipment used by agricultural producers to improve the application and conservation of water.

Lindsay’s irrigation portfolio includes Zimmatic irrigation systems and digital tools such as FieldNET, which helps growers monitor and manage irrigation operations remotely.