Linde PLC (NASDAQ:LIN) Receives $545.38 Average PT from Analysts

Linde PLC (NASDAQ:LIN) has been assigned a consensus rating of “Buy” from the thirteen analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $545.3846.

Several brokerages have commented on LIN. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada decreased their price target on shares of Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. Finally, Evercore restated an “outperform” rating and issued a $525.00 target price on shares of Linde in a research report on Friday, July 10th.

Institutional Investors Weigh In On Linde

Several hedge funds have recently modified their holdings of LIN. Darwin Wealth Management LLC acquired a new position in Linde in the 2nd quarter worth about $25,000. Legacy Wealth Managment LLC ID grew its holdings in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares during the last quarter. Principia Wealth Advisory LLC increased its stake in shares of Linde by 74.2% in the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after buying an additional 23 shares during the period. Triumph Capital Management increased its stake in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the period. Finally, Strengthening Families & Communities LLC increased its stake in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Up 0.9%

Shares of LIN opened at $489.51 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. Linde has a 52-week low of $387.78 and a 52-week high of $548.20. The firm has a market cap of $225.65 billion, a price-to-earnings ratio of 31.62, a PEG ratio of 3.05 and a beta of 0.72. The business’s fifty day moving average is $505.33 and its 200-day moving average is $501.23.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the company earned $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities analysts anticipate that Linde will post 17.85 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio is 41.34%.

About Linde

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher?value specialty and electronic gases.