Linde (NASDAQ:LIN) Sets New 1-Year High – Here’s What Happened

Linde PLC (NASDAQ:LIN)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $487.38 and last traded at $487.0040, with a volume of 2229160 shares traded. The stock had previously closed at $472.86.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Linde in a report on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price target on shares of Linde in a research report on Monday, November 3rd. Citigroup increased their price objective on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price objective on shares of Linde in a research report on Friday, February 6th. Finally, CICC Research started coverage on Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Linde has a consensus rating of “Moderate Buy” and an average price target of $508.20.

Linde Stock Up 2.0%

The company’s fifty day simple moving average is $435.65 and its 200 day simple moving average is $447.63. 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 firm has a market capitalization of $225.13 billion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 3.07 and a beta of 0.84.

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

Institutional Trading of Linde

A number of hedge funds have recently modified their holdings of the business. Sound Financial Strategies Group LLC raised its position in Linde by 1.4% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock worth $767,000 after buying an additional 22 shares during the last quarter. Shepherd Financial Partners LLC grew its stake in shares of Linde by 4.5% in the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after acquiring an additional 22 shares during the period. Embree Financial Group raised its holdings in shares of Linde by 4.9% during the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 22 shares during the last quarter. Binnacle Investments Inc lifted its position in Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the period. Finally, Mutual Advisors LLC boosted its holdings in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after purchasing an additional 22 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

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.