Seaport Res Ptn Has Positive Estimate for Linde Q1 Earnings

Linde plc (NASDAQ:LIN) – Analysts at Seaport Res Ptn boosted their Q1 2025 EPS estimates for Linde in a note issued to investors on Tuesday, February 11th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $3.92 per share for the quarter, up from their prior estimate of $3.91. The consensus estimate for Linde’s current full-year earnings is $16.55 per share. Seaport Res Ptn also issued estimates for Linde’s Q3 2025 earnings at $4.22 EPS.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted 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, November 1st. Mizuho boosted their price target on shares of Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. BMO Capital Markets raised their price objective on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. TD Cowen raised Linde from a “hold” rating to a “buy” rating and lifted their price objective for the company from $480.00 to $515.00 in a research report on Monday, January 13th. Finally, Citigroup decreased their target price on Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a research report on Wednesday, December 18th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Moderate Buy” and an average price target of $501.82.

Linde Price Performance

Shares of Linde stock opened at $461.05 on Friday. The business has a 50 day moving average of $434.42 and a 200 day moving average of $453.89. Linde has a 52 week low of $410.69 and a 52 week high of $487.49. The company has a market cap of $219.53 billion, a PE ratio of 33.88, a P/E/G ratio of 2.89 and a beta of 0.94. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 0.39.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, beating analysts’ consensus estimates of $3.93 by $0.04. Linde had a return on equity of 18.71% and a net margin of 19.89%.

Insiders Place Their Bets

In related news, Director Robert L. Wood sold 2,900 shares of Linde stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $456.26, for a total value of $1,323,154.00. Following the completion of the sale, the director now directly owns 14,013 shares in the company, valued at approximately $6,393,571.38. This trade represents a 17.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David P. Strauss sold 2,218 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now owns 25,926 shares in the company, valued at approximately $11,260,958.10. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,503 shares of company stock valued at $4,306,843. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Linde

A number of institutional investors and hedge funds have recently modified their holdings of LIN. Trifecta Capital Advisors LLC boosted its position in Linde by 16.9% in the third quarter. Trifecta Capital Advisors LLC now owns 145 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 21 shares during the last quarter. Wrapmanager Inc. grew its position in shares of Linde by 1.3% during the 4th quarter. Wrapmanager Inc. now owns 1,693 shares of the basic materials company’s stock valued at $709,000 after acquiring an additional 22 shares during the period. Knuff & Co LLC increased its stake in shares of Linde by 8.8% in the 4th quarter. Knuff & Co LLC now owns 272 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 22 shares in the last quarter. New Age Alpha Advisors LLC raised its holdings in Linde by 34.9% in the 4th quarter. New Age Alpha Advisors LLC now owns 85 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 22 shares during the period. Finally, Concord Asset Management LLC VA lifted its position in Linde by 0.5% during the fourth quarter. Concord Asset Management LLC VA now owns 4,774 shares of the basic materials company’s stock valued at $1,999,000 after purchasing an additional 23 shares in the last quarter. 82.80% of the stock is currently owned by hedge funds and other 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.