FY2027 EPS Estimates for Linde Reduced by Erste Group Bank

Linde PLC (NASDAQ:LIN) – Investment analysts at Erste Group Bank dropped their FY2027 earnings per share estimates for shares of Linde in a research report issued to clients and investors on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the basic materials company will post earnings per share of $19.60 for the year, down from their previous forecast of $19.62. The consensus estimate for Linde’s current full-year earnings is $17.86 per share.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the prior year, the company posted $4.09 earnings per share. The firm’s revenue was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS.

Other analysts have also issued reports about the stock. UBS Group reaffirmed an “outperform” rating on shares of Linde in a research report on Friday, September 11th. The Goldman Sachs Group set a $580.00 target price on shares of Linde in a research report on Monday, August 10th. Sanford C. Bernstein restated an “outperform” rating and set a $563.00 price objective on shares of Linde in a research note on Friday, September 11th. Citigroup decreased their target price on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, KeyCorp started coverage on Linde in a report on Thursday, September 10th. They issued an “overweight” rating and a $542.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $545.07.

Linde Stock Up 1.6%

Shares of Linde stock opened at $464.91 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. Linde has a 52-week low of $387.78 and a 52-week high of $548.20. The firm has a market cap of $214.31 billion, a PE ratio of 30.03, a P/E/G ratio of 2.67 and a beta of 0.72. The business’s 50 day simple moving average is $486.17 and its 200 day simple moving average is $499.08.

Institutional Trading of Linde

A number of institutional investors have recently added to or reduced their stakes in the stock. Atwood & Palmer Inc. raised its stake in shares of Linde by 12.9% during the 2nd quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock worth $91,000 after purchasing an additional 20 shares during the period. Meadowbrook Advisors Group LLC grew its position in Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after buying an additional 21 shares during the period. Valmark Advisers Inc. grew its position in Linde by 0.5% during the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after buying an additional 22 shares during the period. Ellenbecker Investment Group increased its holdings in Linde by 3.7% during the first quarter. Ellenbecker Investment Group now owns 652 shares of the basic materials company’s stock worth $323,000 after buying an additional 23 shares during the last quarter. Finally, Principia Wealth Advisory LLC increased its holdings in Linde by 74.2% during the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after buying an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued a $1.60 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.4%. Linde’s dividend payout ratio (DPR) is 41.34%.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers across a range of industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, specialty gases and medical gases.

The company serves customers in sectors including healthcare, manufacturing, food and beverage, electronics, chemicals, energy and metals. Linde also designs and builds industrial gas plants and provides engineering, project management and process technology services for industrial and energy applications.

Linde traces its history to 1879 and was formed in its current structure through the 2018 merger of Linde AG and Praxair, Inc The company operates internationally, serving customers in numerous countries across the Americas, Europe, Asia and other regions.