Linde (NASDAQ:LIN) Issues FY 2025 Earnings Guidance

Linde (NASDAQ:LIN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 16.200-16.500 for the period, compared to the consensus estimate of 16.470. The company issued revenue guidance of -. Linde also updated its Q2 2025 guidance to 3.950-4.050 EPS.

Linde Stock Performance

LIN traded down $4.74 during trading on Tuesday, hitting $447.75. 515,515 shares of the company traded hands, compared to its average volume of 1,928,912. Linde has a one year low of $408.65 and a one year high of $487.49. The stock's fifty day moving average is $453.12 and its 200 day moving average is $448.97. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39. The firm has a market cap of $211.75 billion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 3.08 and a beta of 1.00.

Linde (NASDAQ:LIN - Get Free Report) last posted its earnings results on Thursday, May 1st. The basic materials company reported $3.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.92 by $0.03. Linde had a return on equity of 18.71% and a net margin of 19.89%. The firm had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.24 billion. During the same quarter in the prior year, the business posted $3.75 earnings per share. The business's quarterly revenue was up .1% on a year-over-year basis. As a group, equities analysts predict that Linde will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be paid a dividend of $1.50 per share. The ex-dividend date is Wednesday, June 4th. This represents a $6.00 annualized dividend and a yield of 1.34%. Linde's dividend payout ratio is currently 44.09%.

Analyst Ratings Changes

LIN has been the topic of a number of research analyst reports. TD Cowen upgraded Linde from a "hold" rating to a "buy" rating and upped their target price for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Argus upgraded Linde to a "strong-buy" rating in a report on Tuesday, April 8th. Finally, Sanford C. Bernstein upgraded shares of Linde to a "strong-buy" rating in a report on Thursday, April 3rd. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $498.00.

Insider Activity

In other news, Director Robert L. Wood sold 2,900 shares of the firm's 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 in the company, valued at $6,393,571.38. This trade represents a 17.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David P. Strauss sold 2,477 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $469.74, for a total transaction of $1,163,545.98. Following the completion of the transaction, the vice president now owns 1,300 shares in the company, valued at approximately $610,662. This represents a 65.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,159 shares of company stock worth $5,603,843. Corporate insiders own 0.60% of the company's stock.

Institutional Trading of Linde

An institutional investor recently bought a new position in Linde stock. Brighton Jones LLC acquired a new position in Linde plc (NASDAQ:LIN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,572 shares of the basic materials company's stock, valued at approximately $2,752,000. 82.80% of the stock is currently owned by institutional investors.

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.