Stifel keeps its USD 121.00 target for Lindsay stock

Published on 10/01/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings per share was USD 1.53 versus USD 1.35 in fiscal third quarter 2026. Lindsay stock was EUR 99.00 on October 1, 2026, versus EUR 98.75.

LNN, US5355551061, Illustration mit AI erstellt.

Lindsay Corporation stock (ISIN US5355551061) was trading at EUR 99.00 at Lang & Schwarz on October 1, 2026 at 12:17 p.m. CEST, up EUR 0.25 or 0.25 percent versus the EUR 98.75 prior close. According to Investing.com on September 24, 2026, Stifel reiterated a Hold rating and kept its USD 121.00 price target for Lindsay.

Profit beat met revenue pressure

In fiscal third quarter 2026, adjusted earnings per share reached USD 1.53 versus the USD 1.35 consensus, a 13.33 percent beat. Investing.com reported that revenue came to USD 160.8 million against USD 162.2 million expected, leaving sales 0.86 percent below the forecast.

The combination matters because the earnings beat came alongside softer demand. The same report said Stifel's dealer survey pointed to fiscal fourth-quarter 2026 domestic sales growth of 1.70 percent, while dealer volume expectations for the next 12 months remained negative 1.10 percent.

Dividend adds a second support

MarketBeat reported on September 29, 2026, that Lindsay raised its quarterly dividend from USD 0.37 to USD 0.38 per share. The 3.00 percent increase lifts the indicated annual dividend to USD 1.52 per share, with the report citing a 1.30 percent yield.

The next scheduled earnings report is October 22, 2026, for fiscal fourth quarter 2026, according to MarketBeat. That date gives the next results a clear test: whether infrastructure growth and cost control can offset weaker irrigation demand.

NYSE valuation stays below yearly high

On the NYSE, Lindsay was last at USD 111.94 on September 30, 2026 at 4:00 p.m. ET. Its 52-week range was USD 97.27 to USD 148.00, while market capitalization stood at USD 1.1 billion as of September 30, 2026.

At Lang & Schwarz, the stock was trading at EUR 99.00 on October 1, 2026 at 12:17 p.m. CEST, plus 0.25 percent versus the EUR 98.75 prior close. Lindsay Corporation operates in the Industrials sector and focuses on irrigation equipment, water-management technology and road-infrastructure products.