Brokerages Set Linde PLC (NASDAQ:LIN) Target Price at $548.67

Linde PLC (NASDAQ:LIN) has earned a consensus recommendation of “Buy” from the thirteen research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $543.6667.

A number of analysts have issued reports on the company. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Evercore reissued 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 cut their price objective on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Sanford C. Bernstein upped their price target on shares of Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a research report on Monday.

Linde Stock Performance

NASDAQ:LIN opened at $491.05 on Friday. The firm has a market capitalization of $226.36 billion, a PE ratio of 31.72, a PEG ratio of 3.05 and a beta of 0.72. Linde has a 1 year low of $387.78 and a 1 year high of $548.20. 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’s fifty day simple moving average is $513.58 and its 200 day simple moving average is $497.54.

Linde (NASDAQ:LIN) last released its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter in the previous year, the business earned $4.09 EPS. The business’s revenue was up 9.3% on a year-over-year basis. 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, sell-side analysts anticipate that Linde will post 17.84 EPS for the current year.

Linde Dividend Announcement

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

Hedge Funds Weigh In On Linde

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the second quarter worth $25,000. Legacy Wealth Managment LLC ID grew its holdings in shares of Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares during the period. Triumph Capital Management grew its stake in Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares during the period. Strengthening Families & Communities LLC raised its position in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares during the period. Finally, High Note Wealth LLC lifted its stake in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

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.