Linde (NASDAQ:LIN) Stock Price Target Raised at Barclays

Linde (NASDAQ:LIN) had its target price hoisted by research analysts at Barclays from $577.00 to $591.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the basic materials company’s stock. Barclays‘s target price suggests a potential upside of 15.25% from the stock’s previous close.

Several other analysts also recently weighed in on LIN. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Linde from $580.00 to $575.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. KeyCorp increased their target price on shares of Linde from $542.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Royal Bank Of Canada reduced their price target on shares of Linde from $553.00 to $549.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Finally, DZ Bank restated a “neutral” rating on shares of Linde in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $548.29.

Linde Stock Up 1.9%

LIN stock traded up $9.65 during trading on Friday, hitting $512.80. 548,301 shares of the company’s stock were exchanged, compared to its average volume of 2,299,662. The business has a 50-day moving average price of $482.87 and a two-hundred day moving average price of $492.00. The stock has a market capitalization of $236.39 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 2.96 and a beta of 0.71. Linde has a 52-week low of $387.78 and a 52-week high of $548.20. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.52 by $0.07. The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.16 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $4.21 earnings per share. As a group, equities research analysts expect that Linde will post 17.86 EPS for the current year.

Institutional Trading of Linde

A number of institutional investors have recently bought and sold shares of the company. State Street Corp raised its position in Linde by 3.7% during the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after acquiring an additional 719,052 shares during the last quarter. Amundi lifted its holdings in shares of Linde by 13.4% in the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock valued at $1,567,796,000 after purchasing an additional 373,012 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Linde by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after purchasing an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Linde by 28.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after purchasing an additional 361,664 shares during the last quarter. Finally, Swiss National Bank grew its position in shares of Linde by 6.6% in the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after purchasing an additional 85,360 shares during the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59 versus the $4.52 consensus, while sales rose 9.3% year over year to $9.404 billion, above estimates of $9.16 billion. Adjusted net income increased 7% to $2.122 billion. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Operational momentum remained strong: Higher pricing and volumes in the Americas, along with robust electronics demand, drove sales growth. Management also cited AI-related demand for chip-making gases and raised its 2026 earnings outlook. LIN Q3 Earnings Beat Estimates on Higher Americas Pricing and Volumes
• Positive Sentiment: Profit growth continued despite a difficult comparison: Adjusted diluted EPS increased 9% from $4.21 a year earlier, reinforcing Linde’s record of resilient earnings and pricing power. Linde Q3 Adjusted Earnings and Revenue Rise
• Neutral Sentiment: Q4 guidance was set at $4.40-$4.50 in adjusted EPS. The range is below Q3’s result but may reflect normal quarterly variability; investors will focus on whether demand remains strong into 2027. Linde Guides Q4 EPS
• Negative Sentiment: Reported GAAP performance declined: Net income fell 12% and diluted GAAP EPS dropped 11% to $3.66, partly because of a $425 million restructuring charge and other costs. Linde is also evaluating strategic options for Lincare, creating additional uncertainty. Linde Q3 2026 Earnings Call Summary
• Negative Sentiment: ETF net selling of Linde shares on October 26 represented a modest technical overhang, although the stronger earnings and outlook are likely more important near-term drivers. ETFs Are Net Sellers of Linde

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.