Seaport Res Ptn Issues Negative Outlook for Linde Earnings

Linde plc (NASDAQ:LIN) – Research analysts at Seaport Res Ptn cut their Q2 2025 EPS estimates for shares of Linde in a note issued to investors on Tuesday, February 11th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $4.11 per share for the quarter, down from their prior forecast of $4.13. The consensus estimate for Linde’s current full-year earnings is $16.55 per share. Seaport Res Ptn also issued estimates for Linde’s Q4 2025 earnings at $4.20 EPS, FY2025 earnings at $16.45 EPS, Q1 2026 earnings at $4.33 EPS, Q2 2026 earnings at $4.51 EPS, Q3 2026 earnings at $4.63 EPS, Q4 2026 earnings at $4.62 EPS and FY2026 earnings at $18.10 EPS.

A number of other research firms have also recently issued reports on LIN. Erste Group Bank reiterated a “hold” rating on shares of Linde in a research report on Tuesday, November 19th. BMO Capital Markets boosted their target price on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Mizuho boosted 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. TD Cowen raised shares of Linde from a “hold” rating to a “buy” rating and upped their price objective for the company from $480.00 to $515.00 in a research note on Monday, January 13th. Finally, Citigroup reduced their price objective 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. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Linde has a consensus rating of “Moderate Buy” and an average target price of $501.82.

Linde Price Performance

LIN stock opened at $461.05 on Thursday. The company has a 50 day simple moving average of $434.42 and a 200 day simple moving average of $453.89. The stock has a market cap of $219.53 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 2.89 and a beta of 0.94. Linde has a 1 year low of $410.69 and a 1 year high of $487.49. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.81.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, beating the consensus estimate of $3.93 by $0.04. Linde had a net margin of 19.89% and a return on equity of 18.71%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. AMF Tjanstepension AB boosted its holdings in Linde by 108.7% in the third quarter. AMF Tjanstepension AB now owns 784,477 shares of the basic materials company’s stock valued at $374,086,000 after acquiring an additional 408,659 shares in the last quarter. CX Institutional boosted its holdings in Linde by 1.7% in the third quarter. CX Institutional now owns 2,440 shares of the basic materials company’s stock valued at $1,164,000 after acquiring an additional 41 shares in the last quarter. Creative Planning boosted its holdings in Linde by 16.8% in the third quarter. Creative Planning now owns 60,292 shares of the basic materials company’s stock valued at $28,751,000 after acquiring an additional 8,659 shares in the last quarter. Petredis Investment Advisors LLC boosted its holdings in Linde by 0.5% in the third quarter. Petredis Investment Advisors LLC now owns 6,737 shares of the basic materials company’s stock valued at $3,213,000 after acquiring an additional 31 shares in the last quarter. Finally, EdgeRock Capital LLC boosted its holdings in Linde by 5.2% in the third quarter. EdgeRock Capital LLC now owns 528 shares of the basic materials company’s stock valued at $252,000 after acquiring an additional 26 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Guillermo Bichara sold 4,385 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total value of $2,020,301.05. Following the sale, the vice president now directly owns 22,776 shares of the company’s stock, valued at $10,493,586.48. This trade represents a 16.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert L. Wood sold 2,900 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $456.26, for a total transaction of $1,323,154.00. Following the completion of the sale, the director now directly owns 14,013 shares in the company, valued at $6,393,571.38. This represents a 17.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,503 shares of company stock worth $4,306,843. Insiders own 0.60% of the company’s stock.

Linde Company Profile

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.