Linde PLC (NASDAQ:LIN) Receives $513.56 Average Price Target from Brokerages

Shares of Linde PLC (NASDAQ:LIN) have been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $508.20.

Several brokerages have recently weighed in on LIN. CICC Research started coverage on Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $516.00 price target on shares of Linde in a report on Monday, November 3rd. UBS Group raised their price objective on Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Mizuho set a $525.00 target price on Linde in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $455.00 target price on shares of Linde in a research note on Friday, February 6th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Markel Group Inc. raised its position in shares of Linde by 3.1% during the second quarter. Markel Group Inc. now owns 186,600 shares of the basic materials company’s stock worth $87,549,000 after acquiring an additional 5,600 shares during the last quarter. Caprock Group LLC bought a new position in shares of Linde in the 3rd quarter valued at about $4,243,000. National Pension Service lifted its holdings in Linde by 2.6% in the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after buying an additional 24,624 shares during the period. Cerity Partners LLC lifted its holdings in Linde by 12.3% in the third quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock valued at $97,526,000 after buying an additional 22,489 shares during the period. Finally, OMERS ADMINISTRATION Corp boosted its stake in Linde by 27.2% in the second quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock valued at $195,649,000 after acquiring an additional 89,129 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Up 1.7%

Shares of NASDAQ:LIN opened at $481.00 on Friday. The company has a 50 day moving average of $437.28 and a two-hundred day moving average of $447.72. Linde has a 52-week low of $387.78 and a 52-week high of $488.54. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $224.60 billion, a price-to-earnings ratio of 32.97, a price-to-earnings-growth ratio of 3.11 and a beta of 0.84.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. During the same period last year, the business earned $3.97 EPS. The business’s revenue was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, analysts forecast that Linde will post 16.54 earnings per share for the current fiscal year.

About Linde

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.