LindeLIN
Market Cap: 217B
About: Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue in 2023.
Employees: 66,195
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
30% more first-time investments, than exits
New positions opened: 182 | Existing positions closed: 140
10% more capital invested
Capital invested by funds: $163B [Q4 2023] → $179B (+$16.1B) [Q1 2024]
2% more funds holding
Funds holding: 1,751 [Q4 2023] → 1,793 (+42) [Q1 2024]
8% more repeat investments, than reductions
Existing positions increased: 696 | Existing positions reduced: 646
8% less call options, than puts
Call options by funds: $1.12B | Put options by funds: $1.23B
1.81% less ownership
Funds ownership: 81.93% [Q4 2023] → 80.12% (-1.81%) [Q1 2024]
2% less funds holding in top 10
Funds holding in top 10: 82 [Q4 2023] → 80 (-2) [Q1 2024]
Research analyst outlook
15 Wall Street Analysts provided 1 year price forecasts over the past 6 months
15 analyst ratings
Citigroup Patrick Cunningham | 6%upside $480 | Neutral Maintained | 12 Jul 2024 |
UBS Geoff Haire | 5%upside $475 | Neutral Maintained | 9 Jul 2024 |
HSBC Martin Evans | 0%upside $452 | Buy Maintained | 6 May 2024 |
BMO Capital John McNulty | 5%upside $475 | Outperform Maintained | 6 May 2024 |
Mizuho John Roberts | 13%upside $512 | Buy Maintained | 3 May 2024 |
Financial journalist opinion
Based on 16 articles about LIN published over the past 30 days