William Blair Has Negative Outlook for Lindsay Q3 Earnings

Lindsay Co. (NYSE:LNN) – Investment analysts at William Blair reduced their Q3 2025 earnings per share (EPS) estimates for Lindsay in a research note issued on Thursday, April 3rd. William Blair analyst B. Drab now anticipates that the industrial products company will post earnings of $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.

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

A number of other analysts have also commented on LNN. Stifel Nicolaus lifted their target price on shares of Lindsay from $130.00 to $134.00 and gave the stock a “hold” rating in a report on Friday. StockNews.com downgraded Lindsay from a “buy” rating to a “hold” rating in a report on Thursday.

Lindsay Stock Down 7.4 %

Shares of NYSE:LNN opened at $119.75 on Monday. The company has a 50 day moving average of $131.04 and a 200-day moving average of $127.02. Lindsay has a one year low of $109.27 and a one year high of $140.27. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 19.22 and a beta of 0.72. 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 Dividend Announcement

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

Hedge Funds Weigh In On Lindsay

Institutional investors and hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP lifted 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 acquiring an additional 7,952 shares in the last quarter. Putney Financial Group LLC bought a new position in shares of Lindsay during the 4th quarter valued at about $233,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Lindsay by 7.1% in 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 valued at $4,288,000 after purchasing an additional 2,413 shares during the period. Raiffeisen Bank International AG bought a new stake in Lindsay during the 4th quarter worth approximately $2,885,000. Finally, Millennium Management LLC raised its holdings in Lindsay by 80.0% during the 4th quarter. Millennium Management LLC now owns 8,636 shares of the industrial products company’s stock worth $1,022,000 after buying an additional 3,838 shares during the period. Institutional investors and hedge funds own 89.94% of the company’s stock.

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.