Seaport Res Ptn Has Negative Forecast for Linde Q1 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 note issued on Tuesday, November 5th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings per share of $4.02 for the quarter, down from their previous forecast of $4.09. The consensus estimate for Linde’s current full-year earnings is $15.47 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.

A number of other equities analysts have also recently commented on LIN. BMO Capital Markets lifted their price target on Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Citigroup boosted their price objective on Linde from $470.00 to $480.00 and gave the stock a “neutral” rating in a report on Friday, July 12th. Barclays boosted their target price on shares of Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. boosted their price target on Linde from $430.00 to $480.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Finally, Mizuho raised 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 research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $490.75.

Linde Stock Performance

Shares of LIN opened at $465.47 on Friday. The firm has a fifty day simple moving average of $472.12 and a 200 day simple moving average of $452.12. Linde has a 12 month low of $389.14 and a 12 month high of $487.49. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $221.64 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 2.94 and a beta of 0.94.

Linde (NASDAQ:LIN) last announced 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 business 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%. Linde’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.63 EPS.

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. The ex-dividend date is Tuesday, December 3rd. This represents a $5.56 dividend on an annualized basis and a yield of 1.19%. Linde’s payout ratio is presently 42.22%.

Insider Buying and Selling at Linde

In other Linde news, VP John Panikar sold 10,025 shares of the business’s stock in a transaction that occurred on 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 sale, the vice president now directly owns 17,584 shares of the company’s stock, valued at $8,136,996. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Linde

A number of institutional investors have recently made changes to their positions in LIN. Summit Securities Group LLC acquired a new stake in Linde during the second quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new stake in shares of Linde during the 3rd quarter worth approximately $34,000. Capital Performance Advisors LLP bought a new stake in shares of Linde in the 3rd quarter valued at $43,000. J.Safra Asset Management Corp acquired a new position in shares of Linde during the 2nd quarter valued at $42,000. Finally, Hazlett Burt & Watson Inc. boosted its stake in Linde by 133.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 98 shares of the basic materials company’s stock worth $44,000 after acquiring an additional 56 shares in the last quarter. Institutional investors own 82.80% 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.