Linde (NASDAQ:LIN) Issues Q3 2026 Earnings Guidance

Linde (NASDAQ:LIN) updated its third quarter 2026 earnings guidance on Friday. The company provided EPS guidance of 4.450-4.550 for the period, compared to the consensus EPS estimate of 4.590. The company issued revenue guidance of -. Linde also updated its FY 2026 guidance to 17.700-17.900 EPS.

Linde Price Performance

NASDAQ LIN traded down $30.26 during trading on Friday, reaching $478.38. 5,214,269 shares of the company traded hands, compared to its average volume of 2,425,866. The stock’s 50 day moving average price is $516.05 and its two-hundred day moving average price is $496.36. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market cap of $221.18 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 3.23 and a beta of 0.72. Linde has a 1-year low of $387.78 and a 1-year high of $548.20.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. During the same period in the prior year, the business posted $4.09 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, analysts anticipate that Linde will post 17.89 EPS for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $1.60 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s payout ratio is 42.50%.

Analysts Set New Price Targets

Several research analysts have recently commented on LIN shares. Seaport Research Partners boosted their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Citigroup began coverage on Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $548.67.

Key Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q2 results exceeded estimates: Adjusted EPS rose 10% year over year to $4.50, narrowly beating the $4.49 consensus, while sales increased 9% to $9.29 billion versus expectations of $9.02 billion. Growth benefited from higher pricing, stronger volumes, favorable currency effects and acquisitions. LIN Q2 Earnings & Revenues Beat Estimates on Volume & Pricing Growth
• Positive Sentiment: Semiconductor expansion adds a long-term growth opportunity: Linde secured a long-term agreement to supply ultra-high-purity gases to a major semiconductor manufacturer and plans to invest approximately $1 billion to expand its Phoenix, Arizona, production complex. The deal should support recurring sales tied to U.S. chip manufacturing capacity. Linde to invest $1 billion in Arizona after winning semiconductor supply deal
• Neutral Sentiment: Electronics was a leading end-market: Management highlighted volume and pricing gains, with electronics demand providing notable support. The earnings call also offered additional detail on operating performance and capital investment plans. Linde plc Q2 2026 Earnings Call Transcript
• Negative Sentiment: Forward guidance fell short of consensus: Linde forecast third-quarter EPS of $4.45–$4.55, below the $4.59 analyst estimate, and full-year 2026 EPS of $17.70–$17.90, below the $17.93 consensus. Although the company raised the lower end of its annual forecast, the outlook implies limited near-term upside relative to expectations. Linde raises lower end of 2026 guidance after Q2 earnings beat

Institutional Investors Weigh In On Linde

A number of institutional investors and hedge funds have recently made changes to their positions in LIN. Brighton Jones LLC bought a new position in Linde in the fourth quarter valued at about $2,752,000. Revolve Wealth Partners LLC lifted its position in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares during the period. Finally, Gabelli Funds LLC grew its position in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after buying an additional 175 shares during the period. Institutional investors own 82.80% of the company’s stock.

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.