Linde (LIN) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LIN shares.
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14 Wall Street analysts have issued twelve-month price targets for Linde's stock. Their LIN share price forecasts range from $260.00 to $463.00. On average, they expect the company's share price to reach $404.41 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for LIN or view top-rated stocks among Wall Street analysts.

Linde's stock was trading at $326.18 at the beginning of the year. Since then, LIN shares have increased by 17.1% and is now trading at $381.82.
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Linde saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,310,000 shares, an increase of 17.0% from the June 30th total of 2,830,000 shares. Based on an average trading volume of 1,510,000 shares, the short-interest ratio is presently 2.2 days. Approximately 0.7% of the company's shares are sold short.
View Linde's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our LIN earnings forecast.

Linde plc (NYSE:LIN) issued its quarterly earnings data on Thursday, July, 27th. The basic materials company reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.10. The basic materials company earned $8.21 billion during the quarter, compared to the consensus estimate of $8.70 billion. Linde had a trailing twelve-month return on equity of 16.17% and a net margin of 17.20%. The business's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.10 EPS.
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Linde announced a quarterly dividend on Monday, July 24th. Investors of record on Tuesday, September 5th will be given a dividend of $1.275 per share on Tuesday, September 19th. This represents a $5.10 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, September 1st.
Read our dividend analysis for LIN.

ETFs with the largest weight of Linde (NYSE:LIN) stock in their portfolio include iShares U.S. Basic Materials ETF (IYM), Materials Select Sector SPDR Fund (XLB), Vanguard Materials ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT), ProShares Ultra Materials (UYM), iShares Global Materials ETF (MXI), Martin Currie Sustainable International Equity ETF (MCSE) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT).

Linde (NYSE:LIN) pays an annual dividend of $5.10 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 44.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 33.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LIN.

Linde updated its FY23 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $13.80-14.00 for the period, compared to the consensus estimate of $13.79.

14 employees have rated Linde Chief Executive Officer Vincent L. Sadusky on Glassdoor.com. Vincent L. Sadusky has an approval rating of 59% among the company's employees. This puts Vincent L. Sadusky in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Linde investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Cisco Systems (CSCO), Pfizer (PFE) and QUALCOMM (QCOM).

Linde trades on the New York Stock Exchange (NYSE) under the ticker symbol "LIN."

Linde's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.06%), Capital Research Global Investors (2.47%), Capital World Investors (2.43%), Capital International Investors (2.30%), Geode Capital Management LLC (1.96%) and Bank of New York Mellon Corp (1.58%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Eduardo F Menezes, Guillermo Bichara, John Panikar, Kelcey E Hoyt, Sanjiv Lamba, Sean Durbin and Stephen F Angel.
View institutional ownership trends.

Shares of LIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LIN stock can currently be purchased for approximately $381.82.

Linde (NYSE:LIN) has a market capitalization of $186.31 billion and generates $33.36 billion in revenue each year. The basic materials company earns $4.15 billion in net income (profit) each year or $11.46 on an earnings per share basis.

The company employs 65,010 workers across the globe.

Linde's mailing address is The Priestley Centre 10 Priestley Road Surrey Research Park, Guildford X0, GU2 7XY. The official website for the company is www.linde.com. The basic materials company can be reached via phone at 441483242200, via email at investor.relations@linde.com, or via fax at 800-772-9985.