Lindsay CorpLNN
Price$112.38Intrinsic value$99.4112% below price

Qualitative Analysis

Business overview

Business Overview

Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955 and headquartered in Omaha, Nebraska, the company operates through two primary business segments: Irrigation and Infrastructure. The Irrigation segment designs and manufactures center pivot and lateral move agricultural irrigation systems under the Zimmatic brand, alongside advanced remote monitoring and scheduling technologies such as FieldNET and FieldNET Advisor. The Infrastructure segment provides movable barrier systems (notably the Road Zipper System), specialty road safety products, and railroad signals. Lindsay is transitioning toward a technology-as-a-service (SaaS) model, leveraging its proprietary FieldNET platform to optimize water efficiency and crop yields globally.

Research as of 20 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

AI-assisted
Nebraska Facility ModernizationEfficiency

Upgrading manufacturing facilities in Nebraska, including a newly operational tube mill and a galvanizing facility scheduled to come online in early fiscal 2027.

Expected impact: Improves manufacturing productivity, optimizes the supply chain, and enhances operational efficiency to offset rising raw material and logistics costs.

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Investment$50 million to $55 million in facility upgrades for fiscal 2026
TimelineCompletion of the galvanizing facility in early fiscal 2027
MENA Region ExpansionGrowth

Securing and executing large-scale food security and agricultural modernization projects in water-stressed international markets.

Expected impact: Delivers Zimmatic irrigation systems and FieldNET remote management technology, scaling systems across entire agricultural regions and driving international revenue.

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InvestmentProject-specific capital and logistics deployment
TimelineFiscal 2026 execution

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

AI-assisted

Recent Acquisitions

Pessl Instruments GmbH$7.5M
Announced 3 Apr 2024

Acquisition of a 49.9 percent minority interest to integrate Pessl's METOS weather stations, soil moisture probes, and FieldClimate software with Lindsay's FieldNET and FieldNET Advisor platforms.

Financial impact: Accounted for under the equity method; proportionate share of earnings or losses is recorded within other income (expense), net.

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Strategic Partnerships

Pessl InstrumentsTechnology Integration and Joint Development

Combines in-field IoT hardware sensors with remote irrigation management platforms to develop advanced AI-based products for Smart Pivot Solutions.

Terms: Deepened through a $7.5 million minority equity investment completed in January 2025.

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AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.