Linde (NASDAQ:LIN - Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.950-4.050 for the period, compared to the consensus earnings per share estimate of 4.090. The company issued revenue guidance of -. Linde also updated its FY 2025 guidance to 16.200-16.500 EPS.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Sanford C. Bernstein raised shares of Linde to a "strong-buy" rating in a research report on Thursday, April 3rd. Argus upgraded shares of Linde to a "strong-buy" rating in a research note on Tuesday, April 8th. Finally, TD Cowen upgraded Linde from a "hold" rating to a "buy" rating and lifted their price target for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Linde currently has an average rating of "Moderate Buy" and a consensus price target of $498.00.
Read Our Latest Analysis on Linde
Linde Stock Down 1.0 %
LIN stock traded down $4.74 during trading hours on Tuesday, hitting $447.75. The company's stock had a trading volume of 515,515 shares, compared to its average volume of 1,928,912. The stock has a 50 day moving average price of $453.12 and a two-hundred day moving average price of $448.97. Linde has a 12 month low of $408.65 and a 12 month high of $487.49. The company has a market capitalization of $211.75 billion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 3.08 and a beta of 1.00. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39.
Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The basic materials company reported $3.95 earnings per share for the quarter, topping analysts' consensus estimates of $3.92 by $0.03. The business had revenue of $8.11 billion during the quarter, compared to analysts' expectations of $8.24 billion. Linde had a net margin of 19.89% and a return on equity of 18.71%. Linde's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $3.75 earnings per share. On average, equities research analysts expect that Linde will post 16.54 earnings per share for the current year.
Linde Announces Dividend
The business also recently announced 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 yield of 1.34%. The ex-dividend date of this dividend is Wednesday, June 4th. Linde's dividend payout ratio (DPR) is currently 44.09%.
Insider Buying and Selling at Linde
In related news, VP David P. Strauss sold 2,477 shares of the stock in a transaction dated 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 completion of the sale, the vice president now owns 1,300 shares in the company, valued at approximately $610,662. This trade represents a 65.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Juergen Nowicki sold 6,782 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $459.62, for a total value of $3,117,142.84. Following the transaction, the vice president now owns 14,765 shares in the company, valued at $6,786,289.30. This represents a 31.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,159 shares of company stock valued at $5,603,843 in the last ninety days. Company insiders own 0.60% of the company's stock.
Institutional Investors Weigh In On Linde
A hedge fund recently raised its stake in Linde stock. Revolve Wealth Partners LLC boosted its holdings in shares of Linde plc (NASDAQ:LIN - Free Report) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 777 shares of the basic materials company's stock after purchasing an additional 96 shares during the period. Revolve Wealth Partners LLC's holdings in Linde were worth $325,000 as of its most recent SEC filing. 82.80% of the stock is owned by institutional investors.
About Linde
(
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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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