Linde PLC (NASDAQ:LIN) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Linde PLC (NASDAQ:LIN) have earned a consensus rating of “Buy” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $543.6667.

Several equities research analysts recently issued reports on LIN shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Evercore reissued an “outperform” rating and set a $525.00 price target on shares of Linde in a research report on Friday, July 10th. Seaport Research Partners upped their price target on 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 stock an “overweight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st.

Institutional Trading of Linde

A number of institutional investors have recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter valued at about $25,000. Legacy Wealth Managment LLC ID boosted its holdings in Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 28 shares during the period. Manning & Napier Advisors LLC boosted its holdings in Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 58 shares during the period. Triumph Capital Management grew its position in 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 acquiring an additional 27 shares in the last quarter. Finally, Strengthening Families & Communities LLC grew its position in 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 acquiring an additional 39 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Trading Down 0.0%

Shares of Linde stock opened at $489.98 on Friday. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The business’s fifty day moving average is $513.19 and its two-hundred day moving average is $497.85. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The firm has a market cap of $225.87 billion, a PE ratio of 31.65, a P/E/G ratio of 3.09 and a beta of 0.72.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates 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%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Analysts anticipate that Linde will post 17.84 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $1.60 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 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.