FY2025 Earnings Estimate for Linde Issued By Seaport Res Ptn

Linde PLC (NASDAQ:LIN) – Investment analysts at Seaport Res Ptn upped their FY2025 EPS estimates for Linde in a note issued to investors on Thursday, August 7th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will earn $16.46 per share for the year, up from their prior forecast of $16.41. The consensus estimate for Linde’s current full-year earnings is $16.54 per share. Seaport Res Ptn also issued estimates for Linde’s Q1 2026 earnings at $4.25 EPS and FY2026 earnings at $17.89 EPS.

A number of other brokerages have also issued reports on LIN. UBS Group upped their price objective on shares of Linde from $485.00 to $504.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. upped their price objective on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Royal Bank Of Canada assumed coverage on shares of Linde in a report on Friday, June 13th. They issued an “outperform” rating and a $576.00 price objective for the company. Finally, Citigroup raised shares of Linde from a “neutral” rating to a “buy” rating and upped their price objective for the company from $500.00 to $535.00 in a report on Monday, June 30th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Linde presently has an average rating of “Buy” and a consensus target price of $519.63.

Linde Trading Down 0.4%

Shares of LIN opened at $470.38 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. Linde has a 12-month low of $408.65 and a 12-month high of $487.49. The firm has a 50-day moving average price of $467.92 and a 200 day moving average price of $459.22. The firm has a market capitalization of $220.57 billion, a P/E ratio of 33.46, a P/E/G ratio of 3.12 and a beta of 0.92.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The business had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same period in the prior year, the business earned $3.85 earnings per share. The company’s quarterly revenue was up 2.3% compared to the same quarter last year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 4th. Linde’s dividend payout ratio (DPR) is 42.67%.

Insiders Place Their Bets

In other news, VP David P. Strauss sold 1,987 shares of the firm’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $457.04, for a total value of $908,138.48. Following the completion of the transaction, the vice president owned 22,639 shares of the company’s stock, valued at approximately $10,346,928.56. This trade represents a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Sean Durbin sold 7,261 shares of the firm’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total transaction of $3,314,065.62. Following the completion of the transaction, the vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,720,279.42. The trade was a 47.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 59,557 shares of company stock valued at $28,037,479 over the last 90 days. 0.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. North Capital Inc. purchased a new position in Linde in the first quarter valued at $25,000. Putney Financial Group LLC purchased a new position in Linde in the fourth quarter valued at $31,000. Dunhill Financial LLC purchased a new position in Linde in the fourth quarter valued at $34,000. Capital A Wealth Management LLC purchased a new position in Linde in the fourth quarter valued at $37,000. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new position in Linde in the fourth quarter valued at $41,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.