Seaport Res Ptn Issues Negative Estimate for Linde Earnings

Linde plc (NASDAQ:LIN) – Equities research analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share estimates for shares of Linde in a report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $3.91 per share for the quarter, down from their previous estimate of $4.02. The consensus estimate for Linde’s current full-year earnings is $15.45 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.13 EPS, Q3 2025 earnings at $4.32 EPS, FY2025 earnings at $16.71 EPS and FY2026 earnings at $18.38 EPS.

A number of other equities research analysts have also issued reports on LIN. BMO Capital Markets lifted their target price on Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Linde from $510.00 to $515.00 and gave the company a “buy” rating in a report on Friday, November 1st. Mizuho increased their target price on shares of Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Citigroup lowered their price target on shares of Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 18th. Finally, TD Cowen raised shares of Linde from a “hold” rating to a “buy” rating and boosted their price target for the stock from $480.00 to $515.00 in a research report on Monday, January 13th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $501.82.

Linde Stock Performance

LIN opened at $440.83 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.81. The company has a market capitalization of $209.91 billion, a price-to-earnings ratio of 33.47, a P/E/G ratio of 2.74 and a beta of 0.94. The business’s 50-day moving average price is $435.90 and its two-hundred day moving average price is $453.11. Linde has a 1 year low of $396.07 and a 1 year high of $487.49.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, October 31st. The basic materials company reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.89 by $0.05. The company had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.39 billion. Linde had a net margin of 19.33% and a return on equity of 18.16%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.63 earnings per share.

Institutional Trading of Linde

Institutional investors have recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in shares of Linde during the fourth quarter worth approximately $25,000. Kozak & Associates Inc. bought a new position in Linde during the 3rd quarter worth $34,000. Global Wealth Strategies & Associates raised its holdings in Linde by 144.8% in the 4th quarter. Global Wealth Strategies & Associates now owns 71 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 42 shares in the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of Linde during the 4th quarter valued at $34,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Linde during the 3rd quarter valued at $43,000. 82.80% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Paula Rosput Reynolds acquired 100 shares of Linde stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the completion of the acquisition, the director now directly owns 233 shares in the company, valued at approximately $102,832.22. The trade was a 75.19 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Guillermo Bichara sold 4,385 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $460.73, for a total value of $2,020,301.05. Following the transaction, the vice president now owns 22,776 shares in the company, valued at approximately $10,493,586.48. This trade represents a 16.14 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a $1.39 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $5.56 annualized dividend and a yield of 1.26%. Linde’s dividend payout ratio is 42.22%.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.