Seaport Res Ptn Issues Negative Outlook for Linde Earnings

Linde plc (NASDAQ:LIN) – Stock analysts at Seaport Res Ptn reduced their Q1 2025 EPS estimates for shares of Linde in a research report issued on Tuesday, November 5th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings per share of $4.02 for the quarter, down from their previous estimate of $4.09. The consensus estimate for Linde’s current full-year earnings is $15.48 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.22 EPS and FY2025 earnings at $16.85 EPS.

Several other brokerages have also issued reports on LIN. BMO Capital Markets raised their price target 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. Bank of America lifted their price objective on shares of Linde from $495.00 to $516.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Barclays lifted their price objective on shares of Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Finally, Mizuho lifted their price objective on shares of Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $490.75.

Linde Trading Down 1.3 %

Shares of LIN stock opened at $459.48 on Friday. The company has a 50 day moving average of $471.60 and a 200-day moving average of $452.30. 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 $390.38 and a 12-month high of $487.49. The firm has a market cap of $218.79 billion, a P/E ratio of 34.89, a PEG ratio of 2.96 and a beta of 0.94.

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, topping the consensus estimate of $3.89 by $0.05. Linde had a net margin of 19.33% and a return on equity of 18.16%. The company had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same quarter last year, the business posted $3.63 EPS. Linde’s quarterly revenue was up 1.9% compared to the same quarter last year.

Institutional Trading of Linde

A number of hedge funds have recently made changes to their positions in the stock. King Luther Capital Management Corp lifted its stake in Linde by 13.2% in the third quarter. King Luther Capital Management Corp now owns 495,244 shares of the basic materials company’s stock worth $236,162,000 after purchasing an additional 57,942 shares during the last quarter. Cornerstone Advisors LLC lifted its stake in Linde by 26.3% in the third quarter. Cornerstone Advisors LLC now owns 14,900 shares of the basic materials company’s stock worth $7,105,000 after purchasing an additional 3,100 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Linde by 4.6% in the third quarter. EverSource Wealth Advisors LLC now owns 3,278 shares of the basic materials company’s stock worth $1,563,000 after purchasing an additional 144 shares during the last quarter. Portfolio Design Labs LLC lifted its stake in Linde by 364.0% in the third quarter. Portfolio Design Labs LLC now owns 5,202 shares of the basic materials company’s stock worth $2,481,000 after purchasing an additional 4,081 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in Linde by 21.5% in the third quarter. Advisors Asset Management Inc. now owns 21,606 shares of the basic materials company’s stock worth $10,303,000 after purchasing an additional 3,824 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Insider Transactions at Linde

In other news, VP John Panikar sold 10,025 shares of Linde stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $462.75, for a total transaction of $4,639,068.75. Following the completion of the sale, the vice president now directly owns 17,584 shares of the company’s stock, valued at approximately $8,136,996. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by insiders.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $1.39 per share. This represents a $5.56 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Tuesday, December 3rd. Linde’s dividend payout ratio is currently 42.22%.

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.