Brokers Issue Forecasts for Linde's Q2 Earnings (NASDAQ:LIN)

Linde plc (NASDAQ:LIN - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for Linde in a research report issued to clients and investors on Wednesday, May 14th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $4.03 per share for the quarter, down from their prior estimate of $4.13. The consensus estimate for Linde's current full-year earnings is $16.54 per share. Seaport Res Ptn also issued estimates for Linde's Q3 2025 earnings at $4.22 EPS, FY2025 earnings at $16.42 EPS and FY2026 earnings at $17.95 EPS.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The basic materials company reported $3.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.92 by $0.03. The company had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.24 billion. Linde had a return on equity of 18.71% and a net margin of 19.89%. Linde's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.75 earnings per share.

A number of other equities analysts have also recently commented on the company. Argus raised Linde to a "strong-buy" rating in a report on Tuesday, April 8th. Sanford C. Bernstein raised Linde to a "strong-buy" rating in a report on Thursday, April 3rd. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $503.11.

Linde Price Performance

Shares of Linde stock opened at $457.77 on Monday. The business has a 50 day simple moving average of $451.02 and a two-hundred day simple moving average of $447.54. Linde has a 12 month low of $408.65 and a 12 month high of $487.49. The stock has a market capitalization of $215.48 billion, a P/E ratio of 33.63, a PEG ratio of 3.08 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.76.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be issued a $1.50 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $6.00 annualized dividend and a dividend yield of 1.31%. Linde's dividend payout ratio is presently 43.57%.

Insider Activity at Linde

In related news, VP Juergen Nowicki sold 6,782 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $459.62, for a total value of $3,117,142.84. Following the completion of the sale, the vice president now owns 14,765 shares of the company's stock, valued at approximately $6,786,289.30. This trade represents a 31.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David P. Strauss sold 2,477 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $469.74, for a total value of $1,163,545.98. Following the completion of the sale, the vice president now directly owns 1,300 shares of the company's stock, valued at approximately $610,662. This represents a 65.58% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.70% of the company's stock.

Institutional Investors Weigh In On Linde

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Helios Capital Management PTE. Ltd. increased its stake in Linde by 85.2% during the fourth quarter. Helios Capital Management PTE. Ltd. now owns 2,500 shares of the basic materials company's stock worth $1,047,000 after acquiring an additional 1,150 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in Linde by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 211,395 shares of the basic materials company's stock worth $88,505,000 after acquiring an additional 1,320 shares during the last quarter. SYM FINANCIAL Corp acquired a new stake in Linde during the fourth quarter worth $625,000. Perigon Wealth Management LLC increased its stake in Linde by 53.6% during the fourth quarter. Perigon Wealth Management LLC now owns 6,571 shares of the basic materials company's stock worth $2,842,000 after acquiring an additional 2,292 shares during the last quarter. Finally, Markel Group Inc. increased its stake in Linde by 8.4% during the fourth quarter. Markel Group Inc. now owns 168,000 shares of the basic materials company's stock worth $70,337,000 after acquiring an additional 13,000 shares during the last quarter. Institutional investors and hedge funds 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.

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