FY2027 EPS Estimates for Linde Lowered by Erste Group Bank

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

Several other equities research analysts have also recently commented on the company. Evercore restated an “outperform” rating and set a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Royal Bank Of Canada lowered their price target on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $563.00 price objective on shares of Linde in a research note on Friday, September 11th. UBS Group reissued an “outperform” rating on shares of Linde in a research report on Friday, September 11th. Finally, KeyCorp assumed coverage on shares of Linde in a report on Thursday, September 10th. They set an “overweight” rating and a $542.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $545.07.

Linde Stock Up 1.6%

LIN opened at $464.91 on Wednesday. The business’s 50-day simple moving average is $486.17 and its 200-day simple moving average is $499.08. The stock has a market capitalization of $214.31 billion, a P/E ratio of 30.03, a price-to-earnings-growth ratio of 2.67 and a beta of 0.72. Linde has a one year low of $387.78 and a one year high of $548.20. 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 (NASDAQ:LIN) last announced its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $9.02 billion. During the same quarter in the prior year, the company posted $4.09 EPS. The company’s quarterly 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.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Thursday, September 3rd. Linde’s payout ratio is presently 41.34%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Capital International Investors boosted its position in Linde by 20.1% in the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after buying an additional 1,275,477 shares during the last quarter. National Pension Service boosted its holdings in Linde by 23.9% in the fourth quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock valued at $511,056,000 after acquiring an additional 231,048 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Linde by 177.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock worth $538,558,000 after purchasing an additional 807,370 shares during the period. Nomura Asset Management Co. Ltd. increased its position in Linde by 35.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 348,815 shares of the basic materials company’s stock worth $148,731,000 after purchasing an additional 90,858 shares during the period. Finally, Marble Wealth LLC bought a new stake in Linde during the 4th quarter worth about $1,675,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

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.