Linde (NASDAQ:LIN) Stock Price Target Raised at Barclays

Linde (NASDAQ:LIN) had its price target increased by Barclays from $577.00 to $591.00 in a research report released on Friday morning,Benzinga reports. They currently have an overweight rating on the basic materials company’s stock.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Linde in a research note on Monday, October 19th. DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. KeyCorp upped their price target on shares of Linde from $542.00 to $545.00 and gave the stock an “overweight” rating in a research report on Friday. Argus lowered their price target on Linde from $563.00 to $538.00 and set a “buy” rating for the company in a report on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $550.14.

Linde Trading Up 2.2%

LIN stock opened at $514.24 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 0.50. The company has a market cap of $237.05 billion, a price-to-earnings ratio of 34.17, a PEG ratio of 2.93 and a beta of 0.71. The business has a fifty day simple moving average of $483.53 and a 200-day simple moving average of $492.35. Linde has a 52 week low of $387.78 and a 52 week high of $548.20.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.52 by $0.07. The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.16 billion. Linde had a net margin of 19.34% and a return on equity of 20.32%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.21 EPS. On average, equities research analysts expect that Linde will post 17.88 EPS for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 3rd. Linde’s dividend payout ratio (DPR) is presently 41.34%.

Institutional Investors Weigh In On Linde

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of Linde by 3.7% in the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after acquiring an additional 719,052 shares in the last quarter. Amundi boosted its position in Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after purchasing an additional 373,012 shares during the period. Dimensional Fund Advisors LP grew its holdings in Linde by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after purchasing an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Linde by 28.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after purchasing an additional 361,664 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Linde by 6.6% during the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after purchasing an additional 85,360 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Key Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
• Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
• Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.