Top-Rated StocksTop-RatedNYSE:LIN Linde (LIN) Stock Forecast, Price & News $362.29 +2.55 (+0.71%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$358.44▼$363.6050-Day Range$349.73▼$372.3152-Week Range$262.47▼$373.58Volume1.44 million shsAverage Volume2.16 million shsMarket Capitalization$177.65 billionP/E Ratio40.21Dividend Yield1.41%Price Target$380.76 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media Linde MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside5.1% Upside$380.76 Price TargetShort InterestHealthy0.66% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.10Based on 3 Articles This WeekInsider TradingSelling Shares$23.13 M Sold Last QuarterProj. Earnings Growth9.29%From $13.88 to $15.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.35 out of 5 starsBasic Materials Sector72nd out of 164 stocksIndustrial Inorganic Chemicals Industry5th out of 9 stocks 1.4 Analyst's Opinion Consensus RatingLinde has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $380.76, Linde has a forecasted upside of 5.1% from its current price of $362.29.Amount of Analyst CoverageLinde has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.66% of the float of Linde has been sold short.Short Interest Ratio / Days to CoverLinde has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Linde has recently decreased by 4.78%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldLinde pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLinde has been increasing its dividend for 31 years.Dividend CoverageThe dividend payout ratio of Linde is 56.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Linde will have a dividend payout ratio of 33.62% next year. This indicates that Linde will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LIN. Previous Next 1.2 News and Social Media Coverage News SentimentLinde has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Linde this week, compared to 6 articles on an average week.Search InterestOnly 14 people have searched for LIN on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Linde to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Linde insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,127,288.00 in company stock.Percentage Held by InsidersOnly 0.25% of the stock of Linde is held by insiders.Percentage Held by Institutions78.15% of the stock of Linde is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Linde are expected to grow by 9.29% in the coming year, from $13.88 to $15.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Linde is 40.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Linde is 40.21, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.20.Price to Earnings Growth RatioLinde has a PEG Ratio of 2.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLinde has a P/B Ratio of 4.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Linde (NYSE:LIN) StockLinde Plc is a global industrial gases and engineering company. It designs and builds equipment that produces industrial gases. The company also offers gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Its primary products are atmospheric gases and process gases. The company operates through the following reportable segments: Americas, EMEA APAC and Engineering. The Americas segment operates production facilities primarily in the United Sates, Canada, Mexico and Brazil. The EMEA segment has production facilities primarily in Germany, France, Sweden, the Republic of South Africa, and the United Kingdom. The APAC segment has production facilities located primarily in China, Australia, India, South Korea and Thailand. The Engineering segment designs and constructs turnkey process plants for third-party customers as well as for the gases businesses in many locations worldwide. Linde was founded by Carl Paul Gottfried von Lind in 1879 and is headquartered in Woking, the United Kingdom.Read More Receive LIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Linde and its competitors with MarketBeat's FREE daily newsletter. Email Address LIN Stock News HeadlinesJune 7, 2023 | msn.comHickory man sentenced to at least 45 years in prison after 2021 stabbingJune 6, 2023 | msn.comKent’s South African overseas all-rounder George Linde on finding form, their T20 Blast campaign and becoming a father this yearJune 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 2, 2023 | finance.yahoo.comLinde (LIN) Gains But Lags Market: What You Should KnowMay 31, 2023 | americanbankingnews.comLinde plc to Issue Quarterly Dividend of $1.28 (NYSE:LIN)May 31, 2023 | seekingalpha.comLinde: Another Beat, Another RaiseMay 31, 2023 | msn.comHSBC's Herald Van Der Linde On Indian & Chinese Market Outlook | Bazaar Morning Call | CNBC TV18May 30, 2023 | msn.comDTM champion van der Linde was "jinxed" in season openerJune 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 27, 2023 | msn.comRed Dead Redemption 2 Player Gets Team-Killed by DutchMay 25, 2023 | msn.comRed Dead Redemption 3 Could Eventually Feel Like the 'Smallest' Game in the FranchiseMay 25, 2023 | msn.com$100 Invested In Linde 10 Years Ago Would Be Worth This Much TodayMay 25, 2023 | msn.comSix reasons to watch DTM in 2023 after ADAC takeoverMay 24, 2023 | msn.comLIN or ECL: Which Is the Better Value Stock Right Now?May 20, 2023 | americanbankingnews.comLinde plc (NYSE:LIN) VP Sells $814,017.88 in StockMay 19, 2023 | msn.comNurburgring 24h: Marciello puts HRT Mercedes on poleMay 17, 2023 | marketwatch.com1-Decene Market Insights with Statistics and Growth Prediction 2023 to 2029 Shell Chemicals, SABIC, LindeMay 17, 2023 | americanbankingnews.comBrokerages Set Linde plc (NYSE:LIN) PT at $380.76May 13, 2023 | americanbankingnews.comLinde (NYSE:LIN) Given New $415.00 Price Target at Berenberg BankMay 12, 2023 | msn.comBoys Lacrosse: 100 and Counting, Aidan Linde Hits Milestone for Gov. LivingstonMay 9, 2023 | americanbankingnews.comLinde (NYSE:LIN) PT Raised to $416.00 at HSBCMay 6, 2023 | seekingalpha.comLinde: Great Company, But A Rich ValuationMay 6, 2023 | americanbankingnews.comInsider Selling: Linde plc (NYSE:LIN) Director Sells $16,870,806.15 in StockMay 6, 2023 | americanbankingnews.comInsider Selling: Linde plc (NYSE:LIN) VP Sells $5,442,464.40 in StockMay 5, 2023 | seekingalpha.comLinde plc: Positive Long-Term Growth OutlookMay 4, 2023 | finance.yahoo.comVALE Q1 Earnings & Revenues Miss Estimates, Dip Y/YMay 3, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Linde plc (NYSE:LIN) Increased by AnalystSee More Headlines LIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LIN Company Calendar Ex-Dividend for 3/28 Dividend3/13/2023Dividend Payable3/28/2023Last Earnings4/27/2023Ex-Dividend for 6/16 Dividend6/01/2023Today6/07/2023Dividend Payable6/16/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial inorganic chemicals Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:LIN CUSIPN/A CIK1575571 Webwww.linde.com Phone441483242200Fax800-772-9985Employees65,010Year Founded1879Price Target and Rating Average Stock Price Forecast$380.76 High Stock Price Forecast$418.00 Low Stock Price Forecast$260.00 Forecasted Upside/Downside+5.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$9.01 Trailing P/E Ratio40.21 Forward P/E Ratio26.10 P/E Growth2.61Net Income$4.15 billion Net Margins13.46% Pretax Margin17.84% Return on Equity15.71% Return on Assets8.19% Debt Debt-to-Equity Ratio0.28 Current Ratio0.73 Quick Ratio0.61 Sales & Book Value Annual Sales$33.36 billion Price / Sales5.32 Cash Flow$21.09 per share Price / Cash Flow17.18 Book Value$84.00 per share Price / Book4.31Miscellaneous Outstanding Shares490,340,000Free Float489,111,000Market Cap$177.65 billion OptionableNot Optionable Beta0.84 Social Links Key ExecutivesSanjiv LambaChief Executive Officer & DirectorMatthew J. WhiteChief Financial Officer & Executive Vice PresidentSandeep SenChief Information OfficerAmitabh GuptaVice President-TechnologyKarin GriggelChief Compliance OfficerKey CompetitorsAir Products and ChemicalsNYSE:APDBHP GroupNYSE:BHPRio Tinto GroupNYSE:RIOValeNYSE:VALESouthern CopperNYSE:SCCOView All CompetitorsInsiders & InstitutionsAtomi Financial Group Inc.Bought 600 shares on 6/7/2023Ownership: 0.000%Berkshire Asset Management LLC PABought 1,055 shares on 6/6/2023Ownership: 0.000%Level Four Advisory Services LLCSold 371 shares on 6/5/2023Ownership: 0.001%Golden State Equity PartnersBought 1,483 shares on 6/1/2023Ownership: 0.000%Coastline Trust CoSold 50 shares on 5/31/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions LIN Stock - Frequently Asked Questions Should I buy or sell Linde stock right now? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LIN shares. View LIN analyst ratings or view top-rated stocks. What is Linde's stock price forecast for 2023? 14 Wall Street analysts have issued 12 month target prices for Linde's shares. Their LIN share price forecasts range from $260.00 to $418.00. On average, they anticipate the company's stock price to reach $380.76 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View analysts price targets for LIN or view top-rated stocks among Wall Street analysts. How have LIN shares performed in 2023? Linde's stock was trading at $326.18 on January 1st, 2023. Since then, LIN stock has increased by 11.1% and is now trading at $362.29. View the best growth stocks for 2023 here. Are investors shorting Linde? Linde saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,350,000 shares, an increase of 8.8% from the April 15th total of 3,080,000 shares. Based on an average trading volume of 2,360,000 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the company's stock are sold short. View Linde's Short Interest. When is Linde's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our LIN earnings forecast. How were Linde's earnings last quarter? Linde plc (NYSE:LIN) announced its quarterly earnings data on Thursday, April, 27th. The basic materials company reported $3.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.12 by $0.30. The basic materials company earned $8.19 billion during the quarter, compared to analysts' expectations of $8.20 billion. Linde had a net margin of 13.46% and a trailing twelve-month return on equity of 15.71%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $2.93 earnings per share. Read the conference call transcript. How often does Linde pay dividends? What is the dividend yield for Linde? Linde announced a quarterly dividend on Monday, April 24th. Shareholders of record on Friday, June 2nd will be given a dividend of $1.275 per share on Friday, June 16th. This represents a $5.10 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, June 1st. Read our dividend analysis for LIN. What ETFs hold Linde's stock? ETFs with the largest weight of Linde (NYSE:LIN) stock in their portfolio include iShares U.S. Basic Materials ETF (IYM), Materials Select Sector SPDR Fund (XLB), Fidelity MSCI Materials Index ETF (FMAT), Vanguard Materials ETF (VAW), ProShares Ultra Materials (UYM), iShares Global Materials ETF (MXI), Martin Currie Sustainable International Equity ETF (MCSE) and Direxion Hydrogen ETF (HJEN). Is Linde a good dividend stock? Linde (NYSE:LIN) pays an annual dividend of $5.10 per share and currently has a dividend yield of 1.41%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 56.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 33.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LIN. What guidance has Linde issued on next quarter's earnings? Linde issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $13.45-$13.85 for the period, compared to the consensus EPS estimate of $12.20. The company issued revenue guidance of -. What is Vincent L. Sadusky's approval rating as Linde's CEO? 14 employees have rated Linde Chief Executive Officer Vincent L. Sadusky on Glassdoor.com. Vincent L. Sadusky has an approval rating of 59% among the company's employees. This puts Vincent L. Sadusky in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Linde own? Based on aggregate information from My MarketBeat watchlists, some companies that other Linde investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Cisco Systems (CSCO), Pfizer (PFE) and QUALCOMM (QCOM). What is Linde's stock symbol? Linde trades on the New York Stock Exchange (NYSE) under the ticker symbol "LIN." Who are Linde's major shareholders? Linde's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.99%), State Street Corp (4.08%), FMR LLC (2.66%), Geode Capital Management LLC (1.90%), Price T Rowe Associates Inc. MD (1.85%) and Bank of New York Mellon Corp (1.62%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Eduardo F Menezes, Guillermo Bichara, John Panikar, Juergen Nowicki, Kelcey E Hoyt, Sanjiv Lamba, Sean Durbin and Stephen F Angel. View institutional ownership trends. How do I buy shares of Linde? Shares of LIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Linde's stock price today? One share of LIN stock can currently be purchased for approximately $362.29. How much money does Linde make? Linde (NYSE:LIN) has a market capitalization of $177.65 billion and generates $33.36 billion in revenue each year. The basic materials company earns $4.15 billion in net income (profit) each year or $9.01 on an earnings per share basis. How many employees does Linde have? The company employs 65,010 workers across the globe. How can I contact Linde? Linde's mailing address is The Priestley Centre 10 Priestley Road Surrey Research Park, Guildford X0, GU2 7XY. The official website for the company is www.linde.com. The basic materials company can be reached via phone at 441483242200, via email at investor.relations@linde.com, or via fax at 800-772-9985. This page (NYSE:LIN) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Linde plc Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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