FY2025 Earnings Estimate for Linde Issued By Seaport Res Ptn

Key Points

• Seaport Res Ptn raised their FY2025 earnings per share estimate for Linde PLC from $16.41 to $16.46, with current consensus at $16.54.
• Linde reported quarterly earnings of $4.09 EPS, exceeding estimates of $4.03, and had revenue of $8.50 billion for the quarter.
• The company announced a quarterly dividend of $1.50 per share, with a yield of 1.3%, payable on September 18th to shareholders of record.

Linde PLC (NASDAQ:LIN - Free Report) - Analysts at Seaport Res Ptn raised their FY2025 earnings per share (EPS) estimates for shares of Linde in a research note issued to investors on Thursday, August 7th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $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.

Linde (NASDAQ:LIN - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.03 by $0.06. Linde had a return on equity of 19.09% and a net margin of 20.20%. The business had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.35 billion. During the same quarter in the previous year, the firm posted $3.85 EPS. The business's revenue for the quarter was up 2.3% compared to the same quarter last year.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. boosted their price target on Linde from $470.00 to $475.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Citigroup upgraded Linde from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $500.00 to $535.00 in a research report on Monday, June 30th. Royal Bank Of Canada initiated coverage on Linde in a research report on Friday, June 13th. They set an "outperform" rating and a $576.00 price target for the company. Finally, UBS Group boosted their price target on Linde from $485.00 to $504.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Linde currently has an average rating of "Buy" and an average target price of $519.63.

Linde Trading Up 0.6%

Shares of LIN stock opened at $472.42 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. Linde has a 1 year low of $408.65 and a 1 year high of $487.49. The stock has a fifty day moving average of $467.81 and a two-hundred day moving average of $459.00. The firm has a market capitalization of $221.52 billion, a PE ratio of 33.60, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92.

Hedge Funds Weigh In On Linde

A number of institutional investors have recently bought and sold shares of LIN. Brighton Jones LLC purchased a new position in Linde in the 4th quarter worth about $2,752,000. Revolve Wealth Partners LLC increased its stake in Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company's stock worth $325,000 after purchasing an additional 96 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in Linde by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 68,460 shares of the basic materials company's stock worth $28,662,000 after purchasing an additional 1,876 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its stake in Linde by 80.4% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 2,253 shares of the basic materials company's stock worth $943,000 after purchasing an additional 1,004 shares in the last quarter. Finally, Optimize Financial Inc purchased a new position in Linde in the 4th quarter worth about $219,000. Hedge funds and other institutional investors own 82.80% of the company's stock.

Insider Transactions at Linde

In other news, Director Stephen F. Angel sold 50,309 shares of the business's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total value of $23,815,274.42. Following the sale, the director owned 480,543 shares of the company's stock, valued at approximately $227,479,445.34. The trade was a 9.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Sean Durbin sold 7,261 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $456.42, for a total value of $3,314,065.62. Following the completion of the sale, the vice president directly owned 8,151 shares in the company, valued at $3,720,279.42. This represents a 47.11% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 59,557 shares of company stock valued at $28,037,479. Corporate insiders own 0.70% of the company's stock.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 4th. Linde's payout ratio is currently 42.67%.

Linde Company Profile

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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