Brokerages Set Linde PLC (NASDAQ:LIN) Target Price at $545.38

Shares of Linde PLC (NASDAQ:LIN) have earned an average rating of “Buy” from the thirteen analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $545.3846.

A number of brokerages have recently weighed in on LIN. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Evercore reaffirmed an “outperform” rating and issued a $525.00 target price on shares of Linde in a research report on Friday, July 10th. Citigroup cut their price target on shares of Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. BMO Capital Markets lowered their price objective on shares of Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a research note on Monday, August 10th. Finally, UBS Group set a $612.00 price objective on shares of Linde in a report on Monday, August 3rd.

Institutional Trading of Linde

A number of large investors have recently modified their holdings of the stock. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter worth about $25,000. Principia Wealth Advisory LLC grew its position in shares of Linde by 74.2% during the second 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 in the last quarter. Legacy Wealth Managment LLC ID increased its stake in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after buying an additional 28 shares during the period. Manning & Napier Advisors LLC increased its stake in shares of Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after buying an additional 58 shares during the period. Finally, Triumph Capital Management raised its holdings 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 in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN opened at $489.51 on Wednesday. The firm has a 50-day simple moving average of $505.33 and a two-hundred day simple moving average of $501.55. The stock has a market cap of $225.65 billion, a PE ratio of 31.62, a P/E/G ratio of 3.08 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 debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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. The firm had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, analysts forecast that Linde will post 17.85 EPS for the current year.

Linde Dividend Announcement

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

Linde Company Profile

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.