Linde PLC (NASDAQ:LIN) Given Average Rating of “Buy” by Brokerages

Shares of Linde PLC (NASDAQ:LIN) have earned a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $541.9091.

Several analysts recently weighed in on LIN shares. JPMorgan Chase & Co. raised their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Seaport Research Partners increased their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Finally, Citigroup lifted their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th.

Institutional Trading of Linde

A number of hedge funds have recently made changes to their positions in LIN. Brighton Jones LLC acquired a new stake in shares of Linde during the fourth quarter valued at about $2,752,000. Revolve Wealth Partners LLC increased its stake in shares of Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after buying an additional 96 shares during the period. Sivia Capital Partners LLC raised its position in shares of Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares during the last quarter. Schnieders Capital Management LLC. raised its position in shares of Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after acquiring an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC raised its position in shares of Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after acquiring an additional 175 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ:LIN opened at $515.44 on Friday. The stock’s 50-day simple moving average is $504.26 and its 200 day simple moving average is $471.14. The firm has a market capitalization of $238.31 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 3.20 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde has a twelve month low of $387.78 and a twelve month high of $522.89.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, analysts anticipate that Linde will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

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.