FY2027 EPS Estimates for Linde Boosted by Erste Group Bank

Linde PLC (NASDAQ:LINFree Report) – Investment analysts at Erste Group Bank boosted their FY2027 earnings estimates for Linde in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the basic materials company will post earnings per share of $19.62 for the year, up from their prior estimate of $19.60. The consensus estimate for Linde’s current full-year earnings is $17.84 per share.

Linde (NASDAQ:LINGet Free Report) last announced its quarterly earnings results 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 analyst estimates of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $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.

Several other brokerages also recently issued reports on LIN. Citigroup reduced their price objective 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. Royal Bank Of Canada lowered their target price on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, UBS Group set a $612.00 price objective on Linde in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde has an average rating of “Buy” and an average price target of $545.38.

Check Out Our Latest Research Report on LIN

Linde Stock Performance

Shares of NASDAQ LIN opened at $492.46 on Tuesday. The company has a market cap of $227.01 billion, a PE ratio of 31.81, a price-to-earnings-growth ratio of 3.09 and a beta of 0.72. Linde has a 12 month low of $387.78 and a 12 month 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. The company has a 50-day simple moving average of $513.09 and a 200-day simple moving average of $498.68.

Linde Dividend Announcement

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

Institutional Trading of Linde

Several large investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Linde in the fourth quarter worth about $3,246,750,000. Auto Owners Insurance Co raised its holdings in shares of Linde by 42,539.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after buying an additional 1,318,709 shares during the period. Capital International Investors lifted its position in Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares in the last quarter. Deutsche Bank AG lifted its position in Linde by 40.2% during the 4th quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after acquiring an additional 1,130,001 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Linde by 26.0% in the 4th quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company’s stock worth $2,303,494,000 after acquiring an additional 1,114,751 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for Linde (NASDAQ:LIN)

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.