
Linde PLC (NASDAQ:LIN – Free Report) – KeyCorp issued their FY2026 earnings per share estimates for Linde in a report released on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the basic materials company will post earnings of $17.85 per share for the year. KeyCorp has a “Overweight” rating and a $542.00 price objective on the stock. The consensus estimate for Linde’s current full-year earnings is $17.86 per share. KeyCorp also issued estimates for Linde’s FY2027 earnings at $19.50 EPS and FY2028 earnings at $21.75 EPS.
Linde (NASDAQ:LIN – Get Free Report) last released its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $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.
Read Our Latest Analysis on LIN
Linde Stock Down 1.1%
NASDAQ:LIN opened at $461.62 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market cap of $212.80 billion, a P/E ratio of 29.82, a P/E/G ratio of 2.72 and a beta of 0.72. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The firm has a 50-day simple moving average of $497.33 and a two-hundred day simple moving average of $501.41.
Institutional Investors Weigh In On Linde
Several institutional investors and hedge funds have recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter worth $25,000. Legacy Wealth Managment LLC ID lifted 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 period. Principia Wealth Advisory LLC lifted its holdings in Linde by 74.2% in the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 23 shares during the period. Triumph Capital Management boosted 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 worth $28,000 after purchasing an additional 27 shares during the last quarter. Finally, High Note Wealth LLC boosted its position in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Linde Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde’s payout ratio is presently 41.34%.
About Linde
Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers across a range of industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, specialty gases and medical gases.
The company serves customers in sectors including healthcare, manufacturing, food and beverage, electronics, chemicals, energy and metals. Linde also designs and builds industrial gas plants and provides engineering, project management and process technology services for industrial and energy applications.
Linde traces its history to 1879 and was formed in its current structure through the 2018 merger of Linde AG and Praxair, Inc The company operates internationally, serving customers in numerous countries across the Americas, Europe, Asia and other regions.
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