Linde (LIN) to Release Earnings on Thursday

Linde (NASDAQ:LIN) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect Linde to post earnings of $3.91 per share and revenue of $8.24 billion for the quarter. Linde has set its FY 2025 guidance at 16.150-16.550 EPS and its Q1 2025 guidance at 3.850-3.950 EPS.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, beating analysts’ consensus estimates of $3.93 by $0.04. Linde had a return on equity of 18.71% and a net margin of 19.89%. On average, analysts expect Linde to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Linde Stock Performance

NASDAQ:LIN opened at $448.21 on Thursday. The firm’s fifty day simple moving average is $454.86 and its 200-day simple moving average is $450.75. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39. The stock has a market cap of $211.96 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94. Linde has a fifty-two week low of $408.65 and a fifty-two week high of $487.49.

Linde Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $1.50 per share. This is a positive change from Linde’s previous quarterly dividend of $1.39. This represents a $6.00 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend was Thursday, March 13th. Linde’s dividend payout ratio is presently 44.09%.

Analysts Set New Price Targets

Several brokerages have recently commented on LIN. TD Cowen raised Linde from a “hold” rating to a “buy” rating and boosted their price target for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Sanford C. Bernstein raised Linde to a “strong-buy” rating in a report on Thursday, April 3rd. Finally, Argus raised Linde to a “strong-buy” rating in a research note on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $498.00.

Insiders Place Their Bets

In other Linde news, VP Juergen Nowicki sold 6,782 shares of Linde stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $459.62, for a total transaction of $3,117,142.84. Following the transaction, the vice president now directly owns 14,765 shares of the company’s stock, valued at $6,786,289.30. The trade was a 31.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robert L. Wood sold 2,900 shares of the stock in a transaction on Monday, February 10th. The stock was 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 of the company’s stock, valued at $6,393,571.38. The trade was a 17.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,159 shares of company stock valued at $5,603,843 in the last quarter. 0.60% of the stock is currently owned by company insiders.

Institutional Trading of Linde

A hedge fund recently bought a new stake in Linde stock. Brighton Jones LLC acquired a new position in Linde plc (NASDAQ:LIN) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,572 shares of the basic materials company’s stock, valued at approximately $2,752,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

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.