Linde (NASDAQ:LIN) Releases FY 2026 Earnings Guidance

Linde (NASDAQ:LIN) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 17.700-17.900 for the period, compared to the consensus EPS estimate of 17.930. The company issued revenue guidance of -. Linde also updated its Q3 2026 guidance to 4.450-4.550 EPS.

Linde Price Performance

Linde stock opened at $478.38 on Friday. Linde has a 12-month low of $387.78 and a 12-month high of $548.20. The stock has a market cap of $221.18 billion, a P/E ratio of 30.90, a PEG ratio of 3.02 and a beta of 0.72. The company has a 50-day moving average price of $515.27 and a 200 day moving average price of $496.23. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Sell-side analysts anticipate that Linde will post 17.84 earnings per share for the current year.

Linde Announces Dividend

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 given 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 payout ratio is presently 41.34%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Linde in a report on Friday, July 17th. Citigroup assumed coverage on Linde in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. UBS Group reaffirmed a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Finally, Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus price target of $548.67.

Key Stories Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q2 results exceeded estimates: Adjusted EPS rose 10% year over year to $4.50, narrowly beating the $4.49 consensus, while sales increased 9% to $9.29 billion versus expectations of $9.02 billion. Growth benefited from higher pricing, stronger volumes, favorable currency effects and acquisitions. LIN Q2 Earnings & Revenues Beat Estimates on Volume & Pricing Growth
• Positive Sentiment: Semiconductor expansion adds a long-term growth opportunity: Linde secured a long-term agreement to supply ultra-high-purity gases to a major semiconductor manufacturer and plans to invest approximately $1 billion to expand its Phoenix, Arizona, production complex. The deal should support recurring sales tied to U.S. chip manufacturing capacity. Linde to invest $1 billion in Arizona after winning semiconductor supply deal
• Neutral Sentiment: Electronics was a leading end-market: Management highlighted volume and pricing gains, with electronics demand providing notable support. The earnings call also offered additional detail on operating performance and capital investment plans. Linde plc Q2 2026 Earnings Call Transcript
• Negative Sentiment: Forward guidance fell short of consensus: Linde forecast third-quarter EPS of $4.45–$4.55, below the $4.59 analyst estimate, and full-year 2026 EPS of $17.70–$17.90, below the $17.93 consensus. Although the company raised the lower end of its annual forecast, the outlook implies limited near-term upside relative to expectations. Linde raises lower end of 2026 guidance after Q2 earnings beat

Institutional Trading of Linde

A number of institutional investors and hedge funds have recently bought and sold shares of LIN. T. Rowe Price Investment Management Inc. lifted its holdings in Linde by 2,137.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 129,847 shares of the basic materials company’s stock worth $55,366,000 after buying an additional 124,043 shares in the last quarter. Claris Financial LLC acquired a new position in shares of Linde in the fourth quarter worth $339,000. Axxcess Wealth Management LLC increased its position in shares of Linde by 16.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 18,707 shares of the basic materials company’s stock worth $7,976,000 after acquiring an additional 2,605 shares during the period. Blue Sparrow LLC DE purchased a new stake in shares of Linde during the fourth quarter worth $13,815,000. Finally, Summit Global Investments acquired a new stake in shares of Linde in the fourth quarter valued at $969,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

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.