Linde (NASDAQ:LIN) Downgraded to “Hold” Rating by DZ Bank

DZ Bank lowered shares of Linde (NASDAQ:LIN) from a buy rating to a hold rating in a research report report published on Tuesday morning, MarketBeat Ratings reports. They currently have $460.00 price objective on the basic materials company’s stock.

Several other equities analysts have also recently issued reports on the company. Citigroup upped their price objective on Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a research report on Monday, November 3rd. Mizuho set a $525.00 target price on Linde in a research report on Friday. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Finally, Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Linde currently has a consensus rating of “Moderate Buy” and an average target price of $508.20.

Linde Price Performance

Shares of NASDAQ:LIN opened at $460.51 on Tuesday. The business has a fifty day moving average price of $433.10 and a 200-day moving average price of $447.31. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The company has a market capitalization of $215.04 billion, a PE ratio of 31.56, a PEG ratio of 3.00 and a beta of 0.84. Linde has a 1-year low of $387.78 and a 1-year high of $486.38.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. Linde’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, equities analysts expect that Linde will post 16.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Linde

Institutional investors and hedge funds have recently made changes to their positions in the business. TD Asset Management Inc grew its position in Linde by 5.2% during the fourth quarter. TD Asset Management Inc now owns 438,669 shares of the basic materials company’s stock valued at $187,044,000 after buying an additional 21,716 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Linde by 88.5% during the 4th quarter. Sivia Capital Partners LLC now owns 3,310 shares of the basic materials company’s stock worth $1,412,000 after acquiring an additional 1,554 shares during the last quarter. Transatlantique Private Wealth LLC boosted its stake in shares of Linde by 3.7% during the 4th quarter. Transatlantique Private Wealth LLC now owns 1,874 shares of the basic materials company’s stock worth $799,000 after acquiring an additional 67 shares during the last quarter. GKV Capital Management Co. Inc. grew its position in shares of Linde by 2.6% during the 4th quarter. GKV Capital Management Co. Inc. now owns 3,955 shares of the basic materials company’s stock valued at $1,686,000 after acquiring an additional 100 shares during the period. Finally, Shepherd Street Advisors LLC purchased a new stake in shares of Linde in the 4th quarter worth $1,060,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Company Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.