Linde (NASDAQ:LIN) Updates FY 2025 Earnings Guidance

Key Points

• Linde has updated its FY 2025 earnings guidance, projecting an earnings per share (EPS) of 16.300-16.500, which is slightly below the consensus estimate of 16.403.
• The company announced a quarterly dividend of $1.50 per share, which represents an annualized dividend yield of 1.3%.
• Recent analyst upgrades include Citigroup raising Linde's price target from $500.00 to $535.00 and multiple analysts rating the stock as a "buy" or "strong-buy."

Linde (NASDAQ:LIN - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 16.300-16.500 for the period, compared to the consensus earnings per share estimate of 16.403. The company issued revenue guidance of -. Linde also updated its Q3 2025 guidance to 4.100-4.20 EPS.

Linde Trading Down 1.3%

NASDAQ:LIN opened at $460.26 on Friday. The stock has a fifty day moving average price of $467.14 and a two-hundred day moving average price of $457.33. The stock has a market capitalization of $216.65 billion, a price-to-earnings ratio of 33.42, a PEG ratio of 3.29 and a beta of 0.96. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 0.94. Linde has a 1 year low of $408.65 and a 1 year high of $487.49.

Linde (NASDAQ:LIN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The basic materials company reported $3.95 earnings per share for the quarter, beating analysts' consensus estimates of $3.92 by $0.03. Linde had a return on equity of 18.95% and a net margin of 20.02%. The business had revenue of $8.11 billion during the quarter, compared to analysts' expectations of $8.24 billion. During the same quarter last year, the business posted $3.75 earnings per share. The business's revenue for the quarter was up .1% on a year-over-year basis. As a group, sell-side analysts anticipate that Linde will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a $1.50 dividend. The ex-dividend date is Thursday, September 4th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.3%. Linde's dividend payout ratio (DPR) is currently 43.57%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. Citigroup upgraded Linde from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $500.00 to $535.00 in a research report on Monday, June 30th. Argus upgraded Linde to a "strong-buy" rating in a research report on Tuesday, April 8th. UBS Group lifted their price objective on Linde from $485.00 to $504.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Royal Bank Of Canada started coverage on Linde in a research report on Friday, June 13th. They set an "outperform" rating and a $576.00 price objective for the company. Finally, Sanford C. Bernstein raised Linde to a "strong-buy" rating in a research note on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $518.80.

Insider Transactions at Linde

In other news, VP Sean Durbin sold 7,261 shares of the business's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $456.42, for a total transaction of $3,314,065.62. Following the completion of the sale, the vice president owned 8,151 shares in the company, valued at approximately $3,720,279.42. The trade was a 47.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David P. Strauss sold 1,987 shares of the business's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $457.04, for a total value of $908,138.48. Following the sale, the vice president owned 22,639 shares of the company's stock, valued at $10,346,928.56. The trade was a 8.07% decrease in their position. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by company insiders.

Institutional Trading of Linde

A hedge fund recently raised its stake in Linde stock. Revolve Wealth Partners LLC increased its stake in shares of Linde PLC (NASDAQ:LIN - Free Report) by 14.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 777 shares of the basic materials company's stock after acquiring an additional 96 shares during the period. Revolve Wealth Partners LLC's holdings in Linde were worth $325,000 at the end of the most recent reporting period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

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.

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