<div id="readability-page-1"><p>Amundi boosted its stake in  Lindsay Corporation (NYSE:LNN - Free Report) by 48.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,043 shares of the industrial products company's stock after purchasing an additional 68,863 shares during the period. Amundi owned approximately 1.93% of Lindsay worth $28,286,000 at the end of the most recent quarter.</p><p>A number of other hedge funds have also added to or reduced their stakes in the stock. Jennison Associates LLC boosted its stake in shares of  Lindsay by 107.5% in the 2nd quarter. Jennison Associates LLC now owns 450,121 shares of the industrial products company's stock worth $64,930,000 after buying an additional 233,243 shares during the last quarter.  KBC Group NV increased its position in  Lindsay by 3.5% during the second quarter. KBC Group NV now owns 365,624 shares of the industrial products company's stock valued at $52,741,000 after acquiring an additional 12,386 shares during the last quarter.  Geode Capital Management LLC lifted its holdings in  Lindsay by 0.3% in the second quarter. Geode Capital Management LLC now owns 262,526 shares of the industrial products company's stock valued at $37,874,000 after acquiring an additional 818 shares during the period.  Invesco Ltd. boosted its position in  Lindsay by 3.0% in the first quarter. Invesco Ltd. now owns 161,672 shares of the industrial products company's stock worth $20,455,000 after purchasing an additional 4,783 shares during the last quarter.  Finally, Wellington Management Group LLP grew its stake in shares of  Lindsay by 5.5% during the 1st quarter. Wellington Management Group LLP now owns 154,191 shares of the industrial products company's stock valued at $19,508,000 after purchasing an additional 8,069 shares during the period. 89.94% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Lindsay Trading Up 0.4%</h2><p>Shares of LNN stock opened at $118.61 on Wednesday. The company has a current ratio of 3.71, a quick ratio of 2.76 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 17.49 and a beta of 0.82. Lindsay Corporation has a 12-month low of $106.10 and a 12-month high of $150.96. The stock's 50-day moving average price is $120.26 and its 200-day moving average price is $132.31. </p><p>Lindsay (NYSE:LNN - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.05). The firm had revenue of $153.56 million for the quarter, compared to analysts' expectations of $156.91 million. Lindsay had a net margin of 10.95% and a return on equity of 14.33%. The business's quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 EPS.  Equities research analysts predict that  Lindsay Corporation will post 5.82 EPS for the current fiscal year. </p><h2>Lindsay Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, November 14th. Lindsay's payout ratio is currently 21.83%. </p><h2>Analyst Ratings Changes</h2><p>Several equities analysts have recently weighed in on the stock. Wall Street Zen cut shares of Lindsay from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, October 25th. Stifel Nicolaus  set a $122.00 price target on shares of Lindsay in a research report on Friday, October 24th. Finally, Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Lindsay in a research note on Friday, October 31st. Two research analysts have rated the stock with a Hold rating,  Based on data from MarketBeat.com, Lindsay  has a consensus rating of &#34;Hold&#34; and an average target price of $122.00.</p><p><b>View Our Latest Analysis on LNN</b></p><h2>Lindsay Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Lindsay</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Large Cap Stock Definition and How to Invest</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>With Risk Tolerance, One Size Does Not Fit All</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><strong>Want to see what other hedge funds are holding LNN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lindsay Corporation (NYSE:LNN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxOTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxOTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lindsay Right Now?</h2><p>Before you consider Lindsay, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lindsay wasn't on the list.</p><p>While Lindsay currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Amundi increased its stake in Lindsay Corporation by 48.8% in Q2, owning 210,043 shares worth $28.3 million. Other hedge funds also adjusted their holdings, with Jennison Associates boosting its stake by 107.5%. Lindsay's stock opened at $118.61, with a market cap of $1.26 billion. Analysts predict an EPS of 5.82 for the fiscal year, with a consensus "Hold" rating and a target price of $122.00.</p>

Amundi Buys 68,863 Shares of Lindsay Corporation $LNN