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

Linde PLC (NASDAQ:LIN) has received a consensus recommendation of “Buy” from the thirteen analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $543.6667.

LIN has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Sanford C. Bernstein lifted their price objective on Linde from $559.00 to $564.00 and gave the company an “outperform” rating in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Royal Bank Of Canada lowered their target price on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research note on Monday. Finally, Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th.

Institutional Investors Weigh In On Linde

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Atwood & Palmer Inc. increased its holdings in Linde by 12.9% during the 2nd quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock worth $91,000 after purchasing an additional 20 shares in the last quarter. Meadowbrook Advisors Group LLC lifted its holdings in shares of Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares in the last quarter. Binnacle Investments Inc lifted its holdings in shares of Linde by 10.2% in 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 in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares in the last quarter. Finally, Blalock Williams LLC boosted its position in shares of Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Price Performance

Shares of LIN stock opened at $480.46 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. Linde has a 12-month low of $387.78 and a 12-month high of $548.20. The firm has a fifty day moving average of $514.53 and a 200-day moving average of $496.87. The firm has a market capitalization of $222.14 billion, a price-to-earnings ratio of 31.04, a price-to-earnings-growth ratio of 3.03 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities research analysts forecast that Linde will post 17.84 earnings per share for the current year.

Linde Announces Dividend

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