Linde (LIN) to Release Quarterly Earnings on Thursday

Linde (NASDAQ:LIN - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Linde to post earnings of $3.91 per share and revenue of $8.24 billion for the quarter. Linde has set its FY 2025 guidance at 16.150-16.550 EPS and its Q1 2025 guidance at 3.850-3.950 EPS.

Linde (NASDAQ:LIN - Get Free Report) last released its earnings results on Thursday, February 6th. The basic materials company reported $3.97 earnings per share for the quarter, topping the consensus estimate of $3.93 by $0.04. Linde had a net margin of 19.89% and a return on equity of 18.71%. On average, analysts expect Linde to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Linde Stock Performance

Shares of NASDAQ:LIN traded up $2.58 during trading on Tuesday, reaching $450.58. 1,213,990 shares of the company's stock traded hands, compared to its average volume of 1,949,245. 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 has a 12 month low of $408.65 and a 12 month high of $487.49. The company has a 50 day moving average of $453.85 and a 200-day moving average of $450.06. The stock has a market capitalization of $213.08 billion, a P/E ratio of 33.11, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Wednesday, June 4th. Linde's dividend payout ratio is presently 44.09%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LIN shares. TD Cowen raised shares of Linde from a "hold" rating to a "buy" rating and boosted their price objective for the company from $480.00 to $515.00 in a research report on Monday, January 13th. Argus raised shares of Linde to a "strong-buy" rating in a research report on Tuesday, April 8th. Finally, Sanford C. Bernstein raised shares of Linde to a "strong-buy" rating in a research note on Thursday, April 3rd. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Linde currently has an average rating of "Moderate Buy" and an average price target of $498.00.

Insider Buying and Selling at Linde

In other Linde news, Director Robert L. Wood sold 2,900 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $456.26, for a total transaction of $1,323,154.00. Following the completion of the transaction, the director now directly owns 14,013 shares of the company's stock, valued at approximately $6,393,571.38. This trade represents a 17.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP David P. Strauss sold 2,477 shares of the stock in a transaction 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 transaction, the vice president now directly owns 1,300 shares of the company's stock, valued at approximately $610,662. The trade was a 65.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,159 shares of company stock valued at $5,603,843. 0.60% of the stock is owned by corporate insiders.

Institutional Investors 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) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,572 shares of the basic materials company's stock, valued at approximately $2,752,000. 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.