Q1 Earnings Forecast for Linde Issued By Seaport Res Ptn

Linde plc (NASDAQ:LIN) – Analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for Linde in a research report issued to clients and investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings per share of $3.91 for the quarter, down from their prior forecast of $4.02. The consensus estimate for Linde’s current full-year earnings is $15.45 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.13 EPS, Q3 2025 earnings at $4.32 EPS, FY2025 earnings at $16.71 EPS and FY2026 earnings at $18.38 EPS.

Several other brokerages have also issued reports on LIN. Citigroup decreased their price target on shares of Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a report on Wednesday, December 18th. BMO Capital Markets boosted their target price on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Erste Group Bank reiterated a “hold” rating on shares of Linde in a research note on Tuesday, November 19th. Mizuho boosted their price objective on Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Linde from $510.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $501.82.

Linde Stock Performance

Linde stock opened at $440.83 on Thursday. The stock has a market cap of $209.91 billion, a PE ratio of 33.47, a P/E/G ratio of 2.74 and a beta of 0.94. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.43. Linde has a 12-month low of $396.07 and a 12-month high of $487.49. The business’s 50-day moving average price is $435.90 and its two-hundred day moving average price is $453.11.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Thursday, October 31st. The basic materials company reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.89 by $0.05. Linde had a return on equity of 18.16% and a net margin of 19.33%. The company had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same quarter last year, the company posted $3.63 EPS. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year.

Institutional Trading of Linde

Hedge funds have recently modified their holdings of the stock. Synergy Asset Management LLC acquired a new stake in Linde in the fourth quarter worth $25,000. Kozak & Associates Inc. acquired a new stake in shares of Linde in the 3rd quarter valued at about $34,000. Global Wealth Strategies & Associates grew its stake in shares of Linde by 144.8% in the 4th quarter. Global Wealth Strategies & Associates now owns 71 shares of the basic materials company’s stock valued at $30,000 after buying an additional 42 shares during the period. Retirement Wealth Solutions LLC bought a new stake in Linde in the 4th quarter valued at about $34,000. Finally, Capital Performance Advisors LLP acquired a new position in Linde during the 3rd quarter worth approximately $43,000. Institutional investors own 82.80% of the company’s stock.

Insider Transactions at Linde

In other news, VP Guillermo Bichara sold 4,385 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $460.73, for a total value of $2,020,301.05. Following the transaction, the vice president now directly owns 22,776 shares of the company’s stock, valued at $10,493,586.48. The trade was a 16.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paula Rosput Reynolds bought 100 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average cost of $441.34 per share, with a total value of $44,134.00. Following the purchase, the director now directly owns 233 shares of the company’s stock, valued at $102,832.22. This trade represents a 75.19 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company’s stock.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $1.39 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $5.56 annualized dividend and a yield of 1.26%. Linde’s payout ratio is 42.22%.

About Linde

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.