Seaport Res Ptn Issues Positive Forecast for Linde Earnings

Linde plc (NASDAQ:LIN) – Stock analysts at Seaport Res Ptn boosted their Q1 2025 earnings estimates for Linde in a research report issued to clients and investors on Tuesday, February 11th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $3.92 per share for the quarter, up from their previous estimate of $3.91. The consensus estimate for Linde’s current full-year earnings is $16.55 per share. Seaport Res Ptn also issued estimates for Linde’s Q3 2025 earnings at $4.22 EPS.

LIN has been the subject of several other reports. Citigroup reduced their price objective on Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. BMO Capital Markets boosted their price objective on shares of Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a 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 company a “buy” rating in a research report on Friday, November 1st. Erste Group Bank reaffirmed a “hold” rating on shares of Linde in a research report on Tuesday, November 19th. Finally, TD Cowen raised Linde from a “hold” rating to a “buy” rating and increased their price target for the company from $480.00 to $515.00 in a report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $501.82.

Linde Stock Down 0.9 %

LIN stock opened at $457.00 on Friday. The stock has a market capitalization of $217.61 billion, a P/E ratio of 33.58, a P/E/G ratio of 2.89 and a beta of 0.94. 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 has a 1-year low of $410.69 and a 1-year high of $487.49. The business has a fifty day moving average price of $434.82 and a 200-day moving average price of $453.99.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 6th. The basic materials company reported $3.97 earnings per share for the quarter, topping analysts’ consensus estimates of $3.93 by $0.04. Linde had a net margin of 19.89% and a return on equity of 18.71%.

Institutional Investors Weigh In On Linde

Institutional investors have recently bought and sold shares of the business. Helios Capital Management PTE. Ltd. boosted its stake in shares of Linde by 85.2% in the fourth quarter. Helios Capital Management PTE. Ltd. now owns 2,500 shares of the basic materials company’s stock worth $1,047,000 after acquiring an additional 1,150 shares during the period. Channel Wealth LLC lifted its holdings in Linde by 30.4% in the 4th quarter. Channel Wealth LLC now owns 7,385 shares of the basic materials company’s stock worth $3,092,000 after purchasing an additional 1,723 shares in the last quarter. Nordea Investment Management AB boosted its stake in Linde by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 2,145,643 shares of the basic materials company’s stock worth $898,188,000 after purchasing an additional 46,843 shares during the period. M&T Bank Corp boosted its stake in Linde by 6.7% in the 3rd quarter. M&T Bank Corp now owns 79,472 shares of the basic materials company’s stock worth $37,898,000 after purchasing an additional 5,021 shares during the period. Finally, SYM FINANCIAL Corp purchased a new stake in Linde during the 4th quarter valued at approximately $625,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 4,385 shares of the stock in a transaction 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 completion of the sale, the vice president now directly owns 22,776 shares of the company’s stock, valued at $10,493,586.48. This 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 at this hyperlink. Also, VP David P. Strauss sold 2,218 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $434.35, for a total transaction of $963,388.30. Following the sale, the vice president now owns 25,926 shares in the company, valued at $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. In the last three months, insiders have sold 9,503 shares of company stock valued at $4,306,843. 0.60% of the stock is owned by company insiders.

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.