Linde PLC (NASDAQ:LIN) Stock Has Average Price Target of $547.29

Linde PLC (NASDAQ:LIN) has been given an average rating of “Buy” by the twenty-four ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $547.10.

LIN has been the topic of a number of recent research reports. Barclays assumed coverage on shares of Linde in a report on Monday, October 12th. They set an “overweight” rating and a $577.00 price target on the stock. UBS Group reduced their price objective on shares of Linde from $612.00 to $574.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on Linde from $580.00 to $575.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Evercore raised their target price on Linde from $515.00 to $525.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada cut their target price on Linde from $553.00 to $549.00 and set an “outperform” rating on the stock in a report on Thursday.

Linde Stock Up 1.1%

NASDAQ:LIN opened at $498.43 on Thursday. The firm’s 50 day simple moving average is $478.52 and its 200 day simple moving average is $498.15. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde has a one year low of $387.78 and a one year high of $548.20. The company has a market cap of $229.77 billion, a PE ratio of 32.20, a P/E/G ratio of 2.91 and a beta of 0.71.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. During the same period in the previous year, the firm posted $4.09 EPS. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, research analysts anticipate that Linde will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s payout ratio is 41.34%.

Hedge Funds Weigh In On Linde

A number of hedge funds have recently made changes to their positions in the stock. Legacy Wealth Managment LLC ID boosted its holdings in Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 28 shares during the last quarter. Principia Wealth Advisory LLC increased its position in Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 23 shares during the period. Marquette Asset Management LLC acquired a new stake in Linde during the 3rd quarter valued at approximately $29,000. Manning & Napier Advisors LLC increased its position in Linde by 1,450.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Finally, Polaris Financial Partners bought a new position in Linde during the 3rd quarter worth approximately $31,000. 82.80% of the stock is currently owned by institutional investors.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays turned bullish on Linde. The firm initiated coverage with an “overweight” rating, adding to recent positive sentiment around Linde’s earnings durability, pricing power and exposure to long-term industrial and technology demand. Barclays initiates coverage of Linde at overweight
• Positive Sentiment: Linde is expanding its carbon-capture business in Sweden. The company plans to build a facility capable of capturing 200,000 tonnes of CO2 annually at a waste-to-energy site, reinforcing its position in industrial decarbonization and potentially expanding its project pipeline. Linde to build 200,000-tonne CO2 capture plant at Swedish waste-to-energy facility
• Positive Sentiment: Linde’s Taiwan affiliate is pursuing hydrogen infrastructure growth. Linde LienHwa is developing hydrogen-as-a-service and refueling solutions, which could create longer-term revenue opportunities as Taiwan increases hydrogen adoption. Linde LienHwa tackles hydrogen transport dilemma with HaaS Interview: Linde LienHwa fuels Taiwan’s hydrogen push
• Neutral Sentiment: RBC remains constructive but lowered its target. Royal Bank of Canada cut its price target from $553 to $549 while retaining an “outperform” rating, suggesting continued confidence but slightly less near-term upside.
• Negative Sentiment: Valuation is becoming a concern. Commentary that Linde appears fully valued on current earnings could weigh on the stock, particularly given its elevated earnings multiple and the need for continued earnings growth to justify further appreciation. Linde Stock Looks Fully Valued On Current Earnings

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.