Linde plc (NASDAQ:LIN – Free Report) – Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of Linde in a report released on Thursday, October 31st. Seaport Res Ptn analyst M. Harrison expects that the basic materials company will post earnings per share of $4.09 for the quarter. The consensus estimate for Linde’s current full-year earnings is $15.52 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.24 EPS, Q3 2025 earnings at $4.27 EPS and Q4 2025 earnings at $4.34 EPS.
A number of other equities research analysts also recently commented on LIN. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research report on Friday. Bank of America increased their target price on shares of Linde from $495.00 to $516.00 and gave the company a “buy” rating in a report on Monday, August 5th. Citigroup increased their target price on shares of Linde from $470.00 to $480.00 and gave the company a “neutral” rating in a report on Friday, July 12th. Barclays increased their target price on shares of Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of Linde from $430.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 5th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $490.75.
Linde Stock Performance
NASDAQ LIN opened at $458.32 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.80. Linde has a 1 year low of $385.12 and a 1 year high of $487.49. The company has a market capitalization of $218.85 billion, a PE ratio of 34.80, a P/E/G ratio of 2.89 and a beta of 0.94. The company has a fifty day moving average of $472.67 and a two-hundred day moving average of $451.98.
Linde (NASDAQ:LIN – Get Free Report) last posted its earnings results on Thursday, October 31st. The basic materials company reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.89 by $0.05. Linde had a net margin of 19.33% and a return on equity of 18.16%. The firm had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.39 billion. During the same quarter last year, the firm earned $3.63 EPS. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis.
Linde Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $1.39 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $5.56 dividend on an annualized basis and a dividend yield of 1.21%. Linde’s dividend payout ratio is currently 42.22%.
Insider Activity
In other news, VP John Panikar sold 10,025 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $462.75, for a total transaction of $4,639,068.75. Following the sale, the vice president now owns 17,584 shares in the company, valued at $8,136,996. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by company insiders.
Institutional Trading of Linde
Several large investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC bought a new stake in shares of Linde during the 2nd quarter worth $28,000. Strategic Financial Concepts LLC bought a new stake in shares of Linde during the 2nd quarter worth $33,000. Kozak & Associates Inc. bought a new stake in shares of Linde during the 3rd quarter worth $34,000. J.Safra Asset Management Corp bought a new stake in shares of Linde during the 2nd quarter worth $42,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Linde during the 3rd quarter worth $43,000. 82.80% of the stock is owned by institutional investors.
Linde Company Profile
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.
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