Citigroup Issues Positive Forecast for Linde (NASDAQ:LIN) Stock Price

Linde (NASDAQ:LIN) had its target price upped by Citigroup from $560.00 to $580.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

Other research analysts have also recently issued research reports about the stock. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a report on Thursday, October 8th. Jefferies Financial Group raised 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. Royal Bank Of Canada boosted their price objective on shares of Linde from $549.00 to $568.00 and gave the company an “outperform” rating in a research report on Friday. Barclays boosted their price objective on shares of Linde from $577.00 to $591.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Evercore upped their target price on shares of Linde from $515.00 to $525.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde currently has an average rating of “Moderate Buy” and a consensus price target of $550.14.

Linde Stock Up 2.2%

Shares of Linde stock opened at $514.24 on Friday. Linde has a 1 year low of $387.78 and a 1 year high of $548.20. The business has a 50-day moving average of $483.53 and a two-hundred day moving average of $492.35. The company has a market capitalization of $237.05 billion, a P/E ratio of 34.17, a price-to-earnings-growth ratio of 2.93 and a beta of 0.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.86 and a quick ratio of 0.75.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, beating the consensus estimate of $4.52 by $0.07. Linde had a return on equity of 20.32% and a net margin of 19.34%. The business had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.16 billion. During the same quarter in the previous year, the business posted $4.21 EPS. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, equities analysts predict that Linde will post 17.88 EPS for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, December 3rd. Linde’s dividend payout ratio is presently 41.34%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LIN. JCIC Asset Management Inc. acquired a new position in shares of Linde during the 3rd quarter worth approximately $26,000. Legacy Wealth Managment LLC ID lifted its holdings in Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the last quarter. Principia Wealth Advisory LLC lifted its holdings in Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 23 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in Linde during the 3rd quarter valued at $29,000. Finally, Manning & Napier Advisors LLC boosted its position in Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 58 shares during the period. Institutional investors own 82.80% of the company’s stock.

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, 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.

Linde Company Profile

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.