Seaport Res Ptn Comments on Linde’s Q1 Earnings (NASDAQ:LIN)

Linde plc (NASDAQ:LIN) – Equities research analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share (EPS) estimates for Linde in a research note issued on Tuesday, November 5th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $4.02 per share for the quarter, down from their prior estimate of $4.09. The consensus estimate for Linde’s current full-year earnings is $15.48 per share. Seaport Res Ptn also issued estimates for Linde’s Q2 2025 earnings at $4.22 EPS and FY2025 earnings at $16.85 EPS.

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

Several other equities research analysts also recently weighed in on the stock. BMO Capital Markets increased their target price on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Bank of America upped their price objective on shares of Linde from $495.00 to $516.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Linde from $510.00 to $515.00 and gave the company a “buy” rating in a report on Friday, November 1st. Barclays increased their price target on shares of Linde from $460.00 to $510.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. lifted their price objective on Linde from $430.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 5th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $490.75.

Linde Stock Down 1.3 %

LIN stock opened at $459.48 on Friday. The company has a market cap of $218.79 billion, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 2.96 and a beta of 0.94. The company has a fifty day moving average price of $471.60 and a 200 day moving average price of $452.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.81. Linde has a 12 month low of $390.38 and a 12 month high of $487.49.

Institutional Investors Weigh In On Linde

Large investors have recently bought and sold shares of the stock. Summit Securities Group LLC acquired a new stake in shares of Linde during the second quarter valued at $28,000. Kozak & Associates Inc. acquired a new stake in shares of Linde during the 3rd quarter worth about $34,000. Capital Performance Advisors LLP purchased a new stake in shares of Linde during the third quarter worth about $43,000. J.Safra Asset Management Corp acquired a new position in shares of Linde in the second quarter valued at approximately $42,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Linde by 133.3% in the second quarter. Hazlett Burt & Watson Inc. now owns 98 shares of the basic materials company’s stock valued at $44,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Activity

In other Linde news, VP John Panikar sold 10,025 shares of Linde stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $462.75, for a total transaction of $4,639,068.75. Following the completion of the transaction, the vice president now owns 17,584 shares in the company, valued at approximately $8,136,996. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be issued a $1.39 dividend. This represents a $5.56 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Tuesday, December 3rd. Linde’s dividend payout ratio (DPR) 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.