KeyCorp Weighs in on Linde’s Q3 Earnings (NASDAQ:LIN)

Linde PLC (NASDAQ:LIN) – Investment analysts at KeyCorp issued their Q3 2026 EPS estimates for Linde in a research note issued to investors on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will earn $4.50 per share for the quarter. KeyCorp has a “Strong-Buy” rating 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 Q4 2026 earnings at $4.52 EPS.

LIN has been the subject of several other reports. Citigroup decreased their price objective on shares of Linde from $600.00 to $580.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating and set a $563.00 target price on shares of Linde in a research report on Friday. Royal Bank Of Canada cut their target price on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Finally, Evercore reiterated an “outperform” rating and issued a $525.00 price objective on shares of Linde in a research note on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Linde presently has a consensus rating of “Buy” and a consensus price target of $545.07.

Linde Trading Down 0.4%

NASDAQ:LIN opened at $464.41 on Monday. Linde has a 12 month low of $387.78 and a 12 month high of $548.20. The firm has a market cap of $214.08 billion, a price-to-earnings ratio of 30.00, a P/E/G ratio of 2.72 and a beta of 0.72. 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 company’s 50 day moving average is $494.20 and its 200-day moving average is $500.91.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. During the same period in the prior year, the business posted $4.09 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors raised its position in Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the last quarter. National Pension Service raised its position in shares of Linde by 23.9% in the 4th quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock worth $511,056,000 after acquiring an additional 231,048 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after purchasing an additional 807,370 shares during the period. Legal & General Group Plc boosted its position in shares of Linde by 6.5% during the 4th quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company’s stock valued at $1,251,430,000 after purchasing an additional 179,359 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in Linde by 35.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 348,815 shares of the basic materials company’s stock worth $148,731,000 after purchasing an additional 90,858 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $1.60 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.4%. Linde’s dividend payout ratio is 41.34%.

Linde Company Profile

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.