What is Seaport Res Ptn’s Forecast for Linde Q1 Earnings?

Linde plc (NASDAQ:LINFree Report) – Investment analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for Linde in a research report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings per share of $3.91 for the quarter, down from their prior forecast 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.

Linde (NASDAQ:LINGet Free Report) last posted its quarterly earnings data on Thursday, October 31st. The basic materials company reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.89 by $0.05. Linde had a net margin of 19.33% and a return on equity of 18.16%. The business had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the previous year, the business posted $3.63 earnings per share. The company’s revenue was up 1.9% on a year-over-year basis.

Several other equities analysts also recently weighed in on the company. BMO Capital Markets increased their target price on Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Linde from $510.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Citigroup lowered their target price on shares of Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. TD Cowen raised shares of Linde from a “hold” rating to a “buy” rating and upped their price target for the stock from $480.00 to $515.00 in a research report on Monday, January 13th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Linde in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $501.82.

Get Our Latest Stock Analysis on Linde

Linde Price Performance

LIN stock opened at $439.25 on Thursday. The stock has a market capitalization of $209.15 billion, a price-to-earnings ratio of 33.35, a price-to-earnings-growth ratio of 2.74 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. Linde has a 52-week low of $396.07 and a 52-week high of $487.49. The stock’s fifty day simple moving average is $435.65 and its 200-day simple moving average is $453.02.

Institutional Trading of Linde

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Gabelli Funds LLC raised its stake in shares of Linde by 5.5% in the 2nd quarter. Gabelli Funds LLC now owns 5,750 shares of the basic materials company’s stock valued at $2,523,000 after purchasing an additional 300 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Linde by 68.9% in the second quarter. Public Sector Pension Investment Board now owns 18,259 shares of the basic materials company’s stock valued at $8,012,000 after buying an additional 7,446 shares during the last quarter. Evergreen Capital Management LLC raised its stake in Linde by 8.1% during the second quarter. Evergreen Capital Management LLC now owns 3,876 shares of the basic materials company’s stock valued at $1,701,000 after buying an additional 291 shares in the last quarter. Insigneo Advisory Services LLC lifted its holdings in Linde by 13.2% during the 2nd quarter. Insigneo Advisory Services LLC now owns 3,522 shares of the basic materials company’s stock worth $1,562,000 after buying an additional 411 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI grew its position in shares of Linde by 86.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 195,378 shares of the basic materials company’s stock worth $85,734,000 after acquiring an additional 90,549 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insider Activity

In other Linde news, Director Paula Rosput Reynolds acquired 100 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the purchase, the director now directly owns 233 shares in the company, valued at $102,832.22. This trade represents a 75.19 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP David P. Strauss sold 2,218 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $434.35, for a total value of $963,388.30. Following the completion of the transaction, the vice president now directly owns 25,926 shares in the company, valued at approximately $11,260,958.10. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were given a $1.39 dividend. This represents a $5.56 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Tuesday, December 3rd. Linde’s payout ratio is 42.22%.

About Linde

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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.

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