Linde PLC (NASDAQ:LIN) Receives $543.27 Consensus Target Price from Brokerages

Shares of Linde PLC (NASDAQ:LIN) have been assigned a consensus rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $541.75.

A number of brokerages have commented on LIN. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price target on shares of Linde in a research note on Monday, May 4th. UBS Group reiterated a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. Seaport Research Partners boosted their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $560.00 target price on shares of Linde in a report on Tuesday, May 5th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Darwin Wealth Management LLC bought a new position in Linde during the 2nd quarter valued at $25,000. Legacy Wealth Managment LLC ID boosted its holdings in Linde by 96.6% during 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 last quarter. Triumph Capital Management grew its stake in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the 3rd quarter worth $29,000. Finally, Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter valued at about $29,000. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 1.1%

NASDAQ LIN opened at $524.06 on Tuesday. The company has a market cap of $242.30 billion, a price-to-earnings ratio of 34.80, a P/E/G ratio of 3.33 and a beta of 0.72. Linde has a 52 week low of $387.78 and a 52 week high of $548.20. The business has a 50 day moving average price of $514.32 and a 200-day moving average price of $488.88. 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 (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the business earned $3.95 EPS. Linde’s quarterly revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts expect that Linde will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Linde Company Profile

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.