KeyCorp Weighs in on Linde’s FY2026 Earnings (NASDAQ:LIN)

Linde PLC (NASDAQ:LIN) – KeyCorp issued their FY2026 earnings estimates for shares of Linde in a research report issued to clients and investors on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will post earnings per share of $17.85 for the year. KeyCorp currently has a “Overweight” rating and a $542.00 target price on the stock. The consensus estimate for Linde’s current full-year earnings is $17.86 per share. KeyCorp also issued estimates for Linde’s FY2027 earnings at $19.50 EPS and FY2028 earnings at $21.75 EPS.

Linde (NASDAQ:LIN) last posted 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 firm had revenue of $9.29 billion during 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%.Linde’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior 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.

Several other research firms also recently commented on LIN. UBS Group reaffirmed a “buy” rating on shares of Linde in a research note on Friday, September 4th. Sanford C. Bernstein increased their target price on shares of Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Royal Bank Of Canada lowered their price target on shares of Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Finally, BMO Capital Markets dropped their price target on shares of Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Linde currently has an average rating of “Buy” and an average price target of $545.14.

Linde Price Performance

NASDAQ LIN opened at $461.62 on Friday. The business’s fifty day moving average is $497.33 and its 200 day moving average is $501.41. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company has a market capitalization of $212.80 billion, a PE ratio of 29.82, a price-to-earnings-growth ratio of 2.72 and a beta of 0.72.

Institutional Investors Weigh In On Linde

Institutional investors have recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter worth $25,000. Legacy Wealth Managment LLC ID grew its stake in Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 28 shares in the last quarter. Principia Wealth Advisory LLC grew its stake in Linde by 74.2% during the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 23 shares in the last quarter. Triumph Capital Management increased its holdings in Linde by 69.2% in the 4th 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 during the last quarter. Finally, High Note Wealth LLC increased its holdings in Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 38 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

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 paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio is presently 41.34%.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers across a range of industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, specialty gases and medical gases.

The company serves customers in sectors including healthcare, manufacturing, food and beverage, electronics, chemicals, energy and metals. Linde also designs and builds industrial gas plants and provides engineering, project management and process technology services for industrial and energy applications.

Linde traces its history to 1879 and was formed in its current structure through the 2018 merger of Linde AG and Praxair, Inc The company operates internationally, serving customers in numerous countries across the Americas, Europe, Asia and other regions.