JPMorgan Chase & Co. Issues Positive Forecast for Linde (NASDAQ:LIN) Stock Price

Linde (NASDAQ:LIN) had its price objective boosted by stock analysts at JPMorgan Chase & Co. from $525.00 to $530.00 in a report released on Monday,Benzinga reports. The firm presently has an “overweight” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 7.39% from the company’s current price.

Other equities analysts have also issued reports about the company. Weiss Ratings lowered Linde from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a report on Tuesday, February 10th. UBS Group increased their price objective on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $533.00.

Linde Stock Performance

Shares of LIN stock traded down $14.37 during trading on Monday, hitting $493.55. The company’s stock had a trading volume of 2,405,760 shares, compared to its average volume of 2,526,775. The company has a market cap of $228.71 billion, a PE ratio of 32.77, a P/E/G ratio of 3.20 and a beta of 0.73. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $496.93 and a 200-day moving average of $456.06. Linde has a 52 week low of $387.78 and a 52 week high of $521.28.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, research analysts anticipate that Linde will post 17.8 earnings per share for the current year.

Insider Buying and Selling at Linde

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Linde

Large investors have recently made changes to their positions in the stock. S.E.E.D. Planning Group LLC raised its position in Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after purchasing an additional 2,234 shares in the last quarter. Temasek Holdings Private Ltd raised its position in Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after purchasing an additional 73,850 shares in the last quarter. Caprock Group LLC purchased a new stake in Linde during the third quarter valued at about $4,243,000. National Pension Service raised its position in Linde by 2.6% during the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after purchasing an additional 24,624 shares in the last quarter. Finally, Boston Trust Walden Corp raised its position in Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after purchasing an additional 8,863 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.