Linde (LIN) Stock Price, News & Analysis

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Linde in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LIN shares.
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13 brokers have issued twelve-month price targets for Linde's shares. Their LIN share price targets range from $415.00 to $540.00. On average, they anticipate the company's stock price to reach $460.00 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price.
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Linde's stock was trading at $410.71 at the beginning of 2024. Since then, LIN shares have increased by 2.2% and is now trading at $419.62.
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Linde saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 6,300,000 shares, an increase of 51.4% from the March 15th total of 4,160,000 shares. Based on an average daily trading volume, of 2,360,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.3% of the company's stock are short sold.
View Linde's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LIN earnings forecast.

Linde plc (NASDAQ:LIN) announced its earnings results on Thursday, May, 2nd. The basic materials company reported $3.75 earnings per share for the quarter, topping analysts' consensus estimates of $3.68 by $0.07. The basic materials company earned $8.10 billion during the quarter, compared to analysts' expectations of $8.38 billion. Linde had a trailing twelve-month return on equity of 17.06% and a net margin of 18.87%. The company's quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.42 earnings per share.

Linde declared a quarterly dividend on Monday, April 29th. Investors of record on Tuesday, June 4th will be paid a dividend of $1.39 per share on Tuesday, June 18th. This represents a $5.56 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, June 4th.
Read our dividend analysis for LIN.

Linde (NASDAQ:LIN) pays an annual dividend of $5.56 per share and currently has a dividend yield of 1.26%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LIN will have a dividend payout ratio of 32.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LIN.

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

Linde issued an update on its FY24 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $15.30-15.60 for the period, compared to the consensus EPS estimate of $15.41.

Linde's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (1.54%), WCM Investment Management LLC (0.72%), Nordea Investment Management AB (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Principal Financial Group Inc. (0.28%) and Perpetual Ltd (0.17%). Insiders that own company stock include Andreas Opfermann, David P Strauss, Guillermo Bichara, John Panikar, Juergen Nowicki, Matthew J White, Oliver Pfann, Sanjiv Lamba, Sean Durbin and Stephen F Angel.
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Shares of LIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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