Linde (NASDAQ:LIN) Given New $568.00 Price Target at Royal Bank Of Canada

Linde (NASDAQ:LIN) had its price target boosted by Royal Bank Of Canada from $549.00 to $568.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an outperform rating on the basic materials company’s stock.

Several other research analysts have also weighed in on LIN. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Barclays boosted their price target on shares of Linde from $577.00 to $591.00 and gave the company an “overweight” rating in a research note on Friday. Jefferies Financial Group upped their price objective on shares of Linde from $535.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. DZ Bank restated a “neutral” rating on shares of Linde in a report on Thursday, August 6th. Finally, KeyCorp lifted their target price on Linde from $542.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $550.14.

Linde Stock Performance

Shares of Linde stock opened at $514.24 on Friday. The firm has a market cap of $237.05 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 2.93 and a beta of 0.71. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 0.50. Linde has a 52 week low of $387.78 and a 52 week high of $548.20. The business’s fifty day simple moving average is $483.53 and its 200-day simple moving average is $492.35.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, topping 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 20.32% and a net margin of 19.34%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the company earned $4.21 EPS. Equities analysts forecast that Linde will post 17.88 earnings per share for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a $1.60 dividend. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is currently 41.34%.

Hedge Funds Weigh In On Linde

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Linde in the 3rd quarter valued at approximately $611,786,000. Flossbach Von Storch SE acquired a new position in Linde during the 2nd quarter worth approximately $438,525,000. State Street Corp raised its stake in shares of Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after buying an additional 719,052 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Linde by 162.9% during the 1st quarter. Hsbc Holdings PLC now owns 1,097,110 shares of the basic materials company’s stock worth $543,951,000 after buying an additional 679,738 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Linde by 394.8% during the 1st quarter. Renaissance Technologies LLC now owns 629,820 shares of the basic materials company’s stock worth $312,240,000 after buying an additional 502,520 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde News Roundup

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
• Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
• Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.

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.