KeyCorp Forecasts Linde's Q3 Earnings (NASDAQ:LIN)

Key Points

• KeyCorp expects Linde to report Q3 2026 EPS of $4.50 and forecasts $4.52 for Q4, while maintaining a “Strong-Buy” rating. The full-year consensus estimate is $17.86 per share.
• Linde’s latest quarter exceeded expectations, with EPS of $4.50 versus $4.49 expected and revenue of $9.29 billion, up 9.3% year over year. Management’s FY 2026 EPS guidance remains $17.70–$17.90.
• Analysts broadly rate Linde a “Buy,” with an average price target of $545.07 versus a recent share price of $466.22. The company also declared a quarterly dividend of $1.60 per share, representing a 1.4% annualized yield.

Linde PLC (NASDAQ:LIN - Free Report) - KeyCorp issued their Q3 2026 EPS estimates for Linde in a research report issued on Thursday, September 10th. KeyCorp analyst S. Tiano anticipates that the basic materials company will post earnings of $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.

Linde (NASDAQ:LIN - Get Free Report) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the prior year, the firm earned $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.

LIN has been the subject of several other research reports. Royal Bank Of Canada lowered their price objective 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. Citigroup lowered their price target on Linde from $600.00 to $580.00 and set a "buy" rating on the stock in a research report on Monday, August 3rd. BMO Capital Markets dropped their target price on shares of Linde from $560.00 to $546.00 and set an "outperform" rating on the stock in a report on Monday, August 10th. The Goldman Sachs Group set a $580.00 price target on Linde in a research note on Monday, August 10th. Finally, UBS Group restated an "outperform" rating on shares of Linde in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Linde presently has a consensus rating of "Buy" and an average target price of $545.07.

Linde Stock Performance

NASDAQ LIN opened at $466.22 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The stock's 50-day moving average is $495.72 and its 200-day moving average is $501.19. Linde has a one year low of $387.78 and a one year high of $548.20. The firm has a market cap of $214.92 billion, a P/E ratio of 30.12, a P/E/G ratio of 2.72 and a beta of 0.72.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Darwin Wealth Management LLC bought a new position in shares of Linde during the second quarter valued at $25,000. Legacy Wealth Managment LLC ID grew its position in shares of 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 buying an additional 28 shares during the period. Principia Wealth Advisory LLC increased its stake 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 purchasing an additional 23 shares in the last quarter. Triumph Capital Management raised its stake in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company's stock worth $28,000 after buying an additional 27 shares during the period. Finally, High Note Wealth LLC raised its position in shares of Linde by 108.6% during 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 period. Institutional investors own 82.80% of the company's stock.

Linde Announces Dividend

The business also recently declared 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. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.4%. Linde's dividend payout ratio is 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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