Linde (NASDAQ:LIN) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Linde (NASDAQ:LIN) had its target price upped by Royal Bank Of Canada from $512.00 to $552.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 8.17% from the stock’s previous close.

A number of other research firms also recently commented on LIN. Citigroup increased their target price on shares of Linde from $545.00 to $580.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Mizuho set a $525.00 price target on shares of Linde in a research report on Friday, February 6th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. UBS Group raised their price objective on Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Seaport Research Partners lifted their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $527.80.

Linde Price Performance

LIN stock opened at $510.30 on Friday. The business has a 50 day moving average price of $495.16 and a 200 day moving average price of $454.75. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The stock has a market cap of $236.47 billion, a price-to-earnings ratio of 34.98, a PEG ratio of 3.20 and a beta of 0.78. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $510.65.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities research analysts anticipate that Linde will post 17.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Linde

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Linde during the 4th quarter worth approximately $3,246,750,000. SG Americas Securities LLC increased its holdings in shares of Linde by 10,454.4% in the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after purchasing an additional 2,401,894 shares during the period. Auto Owners Insurance Co increased its holdings in shares of Linde by 42,539.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after purchasing an additional 1,318,709 shares during the period. Capital International Investors raised its stake in shares of Linde by 20.1% during the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Linde by 40.2% during the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after purchasing an additional 1,130,001 shares during the last quarter. 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.