Linde PLC (NASDAQ:LIN) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Linde PLC (NASDAQ:LIN) have received an average recommendation of “Buy” from the twelve ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $543.2727.

Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. upped their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Royal Bank Of Canada increased their price target on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, UBS Group reiterated a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd.

Linde Price Performance

LIN traded up $0.79 on Tuesday, hitting $541.31. 361,369 shares of the company’s stock were exchanged, compared to its average volume of 2,462,223. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $511.51 and a 200-day moving average price of $484.30. The stock has a market cap of $250.28 billion, a price-to-earnings ratio of 35.90, a P/E/G ratio of 3.43 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts anticipate that Linde will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in Linde during the fourth quarter worth about $2,752,000. Revolve Wealth Partners LLC boosted its holdings in Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares during the period. Finally, Gabelli Funds LLC grew its stake in shares of Linde by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Company Profile

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.