457.00 USD
-4.05
0.88%
At close Feb 14, 4:00 PM EST
After hours
457.00
+0.00
0.00%
1 day
-0.88%
5 days
0.48%
1 month
6.95%
3 months
0.77%
6 months
1.29%
Year to date
10.34%
1 year
9.23%
5 years
105.26%
10 years
176.18%
 

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 2024.

Employees: 65,596

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

95% more first-time investments, than exits

New positions opened: 166 | Existing positions closed: 85

13% more funds holding in top 10

Funds holding in top 10: 60 [Q2] → 68 (+8) [Q3]

5% more capital invested

Capital invested by funds: $177B [Q2] → $186B (+$9.15B) [Q3]

3% more funds holding

Funds holding: 1,829 [Q2] → 1,885 (+56) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 722 | Existing positions reduced: 680

1.96% less ownership

Funds ownership: 83.68% [Q2] → 81.71% (-1.96%) [Q3]

25% less call options, than puts

Call options by funds: $1.09B | Put options by funds: $1.45B

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$480
5%
upside
Avg. target
$498
9%
upside
High target
$515
13%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
TD Cowen
Marc Bianchi
52% 1-year accuracy
17 / 33 met price target
13%upside
$515
Buy
Upgraded
13 Jan 2025
Citigroup
Patrick Cunningham
42% 1-year accuracy
14 / 33 met price target
5%upside
$480
Neutral
Maintained
18 Dec 2024

Financial journalist opinion

Based on 11 articles about LIN published over the past 30 days

Positive
Zacks Investment Research
1 week ago
LIN's Q4 Earnings Beat on Higher Americas Pricing, Revenues Miss
Linde's Q4 earnings gain on higher pricing and increased volumes from the Americas segment. Higher project start-up volumes in the APAC segment also aid profits.
LIN's Q4 Earnings Beat on Higher Americas Pricing, Revenues Miss
Neutral
Seeking Alpha
1 week ago
Linde plc (LIN) Q4 2024 Earnings Call Transcript
Linde plc (NASDAQ:LIN ) Q4 2024 Earnings Conference Call February 6, 2025 9:00 AM ET Company Participants Juan Pelaez - VP, IR Sanjiv Lamba - CEO & Director Matthew White - EVP & CFO Conference Call Participants Mike Leithead - Barclays Steven Haynes - Morgan Stanley Patrick Fischer - Goldman Sachs Laurent Favre - BNP Paribas Jeff Zekauskas - JPMorgan Steve Byrne - Bank of America Merrill Lynch John McNulty - BMO Capital Markets Peter Clark - Bernstein Patrick Cunningham - Citi John Roberts - Mizuho Daniel Rizzo - Jefferies Operator Ladies and gentlemen, good day, and thank you for standing by. Welcome to the Linde Fourth Quarter and Full Year 2024 Earnings Teleconference and Webcast.
Linde plc (LIN) Q4 2024 Earnings Call Transcript
Neutral
The Motley Fool
1 week ago
Linde: Q4 Sales Flat, but Margins Widen
Linde (LIN 0.57%), a leading industrial gases company, revealed its fourth-quarter results on Feb. 6. While it exceeded bottom-line estimates by reporting earnings per share (EPS) of $3.97 against the $3.94 that analysts forecast, it fell short on revenue, posting $8.28 billion compared to the expected $8.42 billion.
Linde: Q4 Sales Flat, but Margins Widen
Positive
Zacks Investment Research
1 week ago
Linde (LIN) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Linde (LIN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Linde (LIN) Reports Q4 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 week ago
Linde (LIN) Q4 Earnings Surpass Estimates
Linde (LIN) came out with quarterly earnings of $3.97 per share, beating the Zacks Consensus Estimate of $3.93 per share. This compares to earnings of $3.59 per share a year ago.
Linde (LIN) Q4 Earnings Surpass Estimates
Neutral
Accesswire
1 week ago
Linde Reports Full-Year and Fourth-Quarter 2024 Results (Earnings Release Tables Attached)
Full-Year Highlights Sales $33.0 billion, flat YoY, underlying sales up 2% Operating profit $8.6 billion; adjusted operating profit $9.7 billion, up 7% Operating profit margin 26.2%; adjusted operating profit margin 29.5%, up 190 basis points versus prior year EPS $13.62 up 8%; adjusted EPS $15.51, up 9% or 10% ex FX Returned $7.1 billion to shareholders through dividends and share repurchases Total project backlog of $10.4 billion Fourth-Quarter Highlights Sales $8.3 billion, flat YoY, underlying sales up 2% Operating profit $2.3 billion, adjusted operating profit $2.5 billion, up 9% Operating profit margin 27.4%; adjusted operating profit margin 29.9%, YoY up 250 basis points EPS $3.60, up 14%; adjusted EPS $3.97, up 11% or 13% ex FX 2025 Guidance First-quarter 2025 adjusted EPS guidance $3.85 - $3.95, represents 7%-9% growth ex. FX Full-year 2025 adjusted EPS guidance $16.15 - $16.55, represents 8%-11% growth ex.
Linde Reports Full-Year and Fourth-Quarter 2024 Results (Earnings Release Tables Attached)
Positive
Reuters
1 week ago
Linde beats Q4 earnings expectations
Linde , the world's largest industrial gases company, reported fourth quarter earnings above market expectations on Thursday.
Linde beats Q4 earnings expectations
Neutral
Accesswire
1 week ago
Record Wins for Linde's Small On-Site Solutions in 2024 Driven by Electronics and Decarbonization
WOKING, UK / ACCESS Newswire / February 4, 2025 / Linde (Nasdaq:LIN) announced today that for the fifth successive year, it secured a record number of new small on-site projects for the supply of nitrogen and oxygen. During 2024, the company signed 59 new long-term agreements for which it will build, own and operate 64 plants at customer sites.
Record Wins for Linde's Small On-Site Solutions in 2024 Driven by Electronics and Decarbonization
Neutral
Zacks Investment Research
1 week ago
Linde Gears Up to Report Q4 Earnings: What's in the Offing?
LIN's Q4 earnings are likely to have been affected by the economic slowdown in Europe and China, which might have dampened the demand for industrial gases.
Linde Gears Up to Report Q4 Earnings: What's in the Offing?
Positive
Zacks Investment Research
1 week ago
Countdown to Linde (LIN) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Linde (LIN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Countdown to Linde (LIN) Q4 Earnings: Wall Street Forecasts for Key Metrics
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