Linde PLC (NASDAQ:LIN) Receives $545.38 Average Price Target from Brokerages

Linde PLC (NASDAQ:LINGet Free Report) has been given a consensus rating of “Buy” by the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $545.3846.

Several research firms have recently commented on LIN. The Goldman Sachs Group set a $580.00 price objective on Linde in a research note on Monday, August 10th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Evercore restated an “outperform” rating and issued a $525.00 price target on shares of Linde in a research report on Friday, July 10th. Royal Bank Of Canada decreased their price objective on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. Finally, BMO Capital Markets cut their price objective on Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a research note on Monday, August 10th.

View Our Latest Report on Linde

Institutional Trading of Linde

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Planning Project LLC bought a new stake in shares of Linde during the 2nd quarter valued at $6,711,000. Principia Wealth Advisory LLC boosted its holdings in Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after buying an additional 23 shares during the period. California State Teachers Retirement System increased its stake in Linde by 67,391.2% in the 2nd quarter. California State Teachers Retirement System now owns 365,698,575 shares of the basic materials company’s stock worth $189,775,619,000 after buying an additional 365,156,729 shares in the last quarter. Rehmann Capital Advisory Group grew its position in shares of Linde by 0.9% during the second quarter. Rehmann Capital Advisory Group now owns 3,577 shares of the basic materials company’s stock worth $1,855,000 after purchasing an additional 33 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in Linde in the 2nd quarter worth approximately $20,453,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Performance

Shares of NASDAQ LIN opened at $486.76 on Wednesday. The firm has a 50 day moving average of $504.27 and a 200 day moving average of $501.89. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $224.39 billion, a price-to-earnings ratio of 31.44, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. Linde has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LINGet Free Report) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, research analysts anticipate that Linde will post 17.85 earnings per share for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 41.34%.

About Linde

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Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.

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Analyst Recommendations for Linde (NASDAQ:LIN)

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