Seaport Res Ptn Has Bearish Forecast for Linde Q1 Earnings

Linde plc (NASDAQ:LIN) – Stock analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for shares of Linde in a research note issued on Tuesday, November 5th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings per share of $4.02 for the quarter, down from their prior forecast of $4.09. The consensus estimate for Linde’s current full-year earnings is $15.47 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.22 EPS and FY2025 earnings at $16.85 EPS.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Linde from $430.00 to $480.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. Mizuho increased their price objective on Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a report on Friday, November 1st. BMO Capital Markets lifted their target price on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Barclays raised their price objective on shares of Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a research report on Monday, August 5th. Finally, Bank of America upped their target price on shares of Linde from $495.00 to $516.00 and gave the stock a “buy” rating in a report on Monday, August 5th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Linde currently has an average rating of “Moderate Buy” and a consensus target price of $490.75.

Linde Stock Up 0.6 %

LIN stock opened at $465.47 on Friday. The firm has a market capitalization of $221.64 billion, a PE ratio of 35.34, a P/E/G ratio of 2.94 and a beta of 0.94. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.43. Linde has a twelve month low of $389.14 and a twelve month high of $487.49. The stock’s 50 day moving average is $472.12 and its 200-day moving average is $452.12.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, October 31st. The basic materials company reported $3.94 EPS for the quarter, topping the consensus estimate of $3.89 by $0.05. The company had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.39 billion. Linde had a net margin of 19.33% and a return on equity of 18.16%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm posted $3.63 earnings per share.

Institutional Trading of Linde

Large investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its holdings in shares of Linde by 46.9% during the 1st quarter. National Bank of Canada FI now owns 48,211 shares of the basic materials company’s stock worth $20,593,000 after acquiring an additional 15,393 shares during the period. Vident Advisory LLC raised its holdings in Linde by 40.7% in the first quarter. Vident Advisory LLC now owns 8,075 shares of the basic materials company’s stock worth $3,750,000 after purchasing an additional 2,337 shares in the last quarter. Choate Investment Advisors boosted its holdings in shares of Linde by 23.6% during the 1st quarter. Choate Investment Advisors now owns 18,017 shares of the basic materials company’s stock valued at $8,366,000 after buying an additional 3,437 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Linde by 4.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 54,975 shares of the basic materials company’s stock worth $26,215,000 after acquiring an additional 2,312 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in Linde by 28.7% during the first quarter. Tidal Investments LLC now owns 20,071 shares of the basic materials company’s stock worth $9,319,000 after acquiring an additional 4,479 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insider Activity

In other Linde news, VP John Panikar sold 10,025 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $462.75, for a total transaction of $4,639,068.75. Following the completion of the sale, the vice president now owns 17,584 shares of the company’s stock, valued at $8,136,996. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $1.39 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $5.56 annualized dividend and a yield of 1.19%. Linde’s payout ratio is 42.22%.

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.