Linde (LIN) Expected to Announce Quarterly Earnings on Friday

Linde (NASDAQ:LIN - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $4.03 per share and revenue of $8.35 billion for the quarter. Linde has set its FY 2025 guidance at 16.200-16.500 EPS and its Q2 2025 guidance at 3.950-4.050 EPS.

Linde (NASDAQ:LIN - Get Free Report) last posted 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. Linde had a net margin of 20.02% and a return on equity of 18.95%. The business had revenue of $8.11 billion during the quarter, compared to analyst estimates of $8.24 billion. During the same period in the prior year, the firm earned $3.75 earnings per share. The firm's revenue was up .1% compared to the same quarter last year. On average, analysts expect Linde to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Linde Stock Up 0.3%

NASDAQ:LIN traded up $1.40 during mid-day trading on Friday, reaching $472.89. The stock had a trading volume of 1,212,138 shares, compared to its average volume of 1,547,221. The business's 50 day moving average is $466.53 and its 200 day moving average is $456.02. Linde has a fifty-two week low of $408.65 and a fifty-two week high of $487.49. The stock has a market cap of $222.60 billion, a P/E ratio of 34.34, a PEG ratio of 3.33 and a beta of 0.96. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.80.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $6.00 annualized dividend and a yield of 1.27%. Linde's dividend payout ratio (DPR) is presently 43.57%.

Insider Activity at Linde

In other Linde news, VP David P. Strauss sold 1,987 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $457.04, for a total transaction of $908,138.48. Following the sale, the vice president directly owned 22,639 shares in the company, valued at approximately $10,346,928.56. This trade represents a 8.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Sean Durbin sold 7,261 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total value of $3,314,065.62. Following the sale, the vice president owned 8,151 shares in the company, valued at approximately $3,720,279.42. This represents a 47.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company's stock.

Hedge Funds Weigh In On Linde

A hedge fund recently bought a new stake in Linde stock. Brighton Jones LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,572 shares of the basic materials company's stock, valued at approximately $2,752,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LIN shares. Argus raised Linde to a "strong-buy" rating in a research report on Tuesday, April 8th. Citigroup upgraded Linde from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $500.00 to $535.00 in a research report on Monday, June 30th. Sanford C. Bernstein upgraded Linde to a "strong-buy" rating in a research note on Thursday, April 3rd. UBS Group boosted their target price on Linde from $485.00 to $504.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. Finally, Royal Bank Of Canada initiated coverage on Linde in a report on Friday, June 13th. They issued an "outperform" rating and a $576.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Linde has an average rating of "Buy" and an average price target of $518.80.

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.