Seaport Res Ptn Issues Negative Outlook for Linde Earnings

Linde plc (NASDAQ:LIN) – Stock analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share (EPS) estimates for shares of Linde in a research report issued to clients and investors on Tuesday, November 5th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of $4.02 per share for the quarter, down from their previous forecast 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 earnings results on Thursday, October 31st. The basic materials company reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.89 by $0.05. The firm 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%. Linde’s revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.63 earnings per share.

LIN has been the topic of a number of other reports. BMO Capital Markets raised their price objective on Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Linde from $510.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Barclays lifted their target price on shares of Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price target on Linde from $430.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 5th. Finally, Mizuho boosted their price objective on Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $490.75.

Linde Trading Down 1.3 %

LIN stock opened at $459.48 on Friday. Linde has a 52 week low of $390.38 and a 52 week high of $487.49. The company has a market cap of $218.79 billion, a price-to-earnings ratio of 34.89, a PEG ratio of 2.96 and a beta of 0.94. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $471.60 and a 200-day simple moving average of $452.30.

Institutional Investors Weigh In On Linde

A number of institutional investors have recently modified their holdings of LIN. Norden Group LLC bought a new stake in shares of Linde in the 1st quarter valued at approximately $315,000. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Linde by 4.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 37,838 shares of the basic materials company’s stock worth $17,569,000 after purchasing an additional 1,553 shares during the period. Quantbot Technologies LP lifted its position in shares of Linde by 104.9% in the 1st quarter. Quantbot Technologies LP now owns 3,777 shares of the basic materials company’s stock worth $1,754,000 after buying an additional 1,934 shares during the last quarter. Empowered Funds LLC raised its stake in Linde by 26.7% during the first quarter. Empowered Funds LLC now owns 6,468 shares of the basic materials company’s stock worth $3,003,000 after acquiring an additional 1,365 shares during the period. Finally, Hilltop National Bank acquired a new position in Linde in the first quarter valued at approximately $421,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP John Panikar sold 10,025 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was 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 directly owns 17,584 shares in the company, valued at approximately $8,136,996. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by company insiders.

Linde Announces Dividend

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