Linde (NASDAQ:LIN) Reaches New 1-Year High – Should You Buy?

Linde PLC (NASDAQ:LIN) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $530.84 and last traded at $530.7440, with a volume of 394420 shares changing hands. The stock had previously closed at $518.94.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating and issued a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada increased their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $543.27.

Linde Stock Up 2.5%

The business has a 50-day moving average price of $510.47 and a two-hundred day moving average price of $483.39. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The firm has a market cap of $252.74 billion, a PE ratio of 36.30, a price-to-earnings-growth ratio of 3.35 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the business posted $3.95 earnings per share. Linde’s revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, equities research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Institutional Trading of Linde

A number of large investors have recently made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at $25,000. Legacy Wealth Managment LLC ID grew its stake in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares in the last quarter. Triumph Capital Management increased its holdings in Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in Linde in the third quarter valued at $29,000. Finally, Saranac Partners Ltd acquired a new stake in Linde in the third quarter valued at $29,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

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.