LindeLIN
LIN
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: 65,069
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 205 | Existing positions closed: 122
26% more funds holding in top 10
Funds holding in top 10: 61 [Q4 2024] → 77 (+16) [Q1 2025]
15% more repeat investments, than reductions
Existing positions increased: 814 | Existing positions reduced: 707
9% more capital invested
Capital invested by funds: $163B [Q4 2024] → $177B (+$14.8B) [Q1 2025]
2% more funds holding
Funds holding: 1,976 [Q4 2024] → 2,021 (+45) [Q1 2025]
0% less call options, than puts
Call options by funds: $830M | Put options by funds: $833M
1.46% less ownership
Funds ownership: 81.57% [Q4 2024] → 80.11% (-1.46%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$470
1%
upside
Avg. target
$523
12%
upside
High target
$576
24%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Arun Viswanathan | 24%upside $576 | Outperform Initiated | 13 Jun 2025 |
JP Morgan Jeffrey Zekauskas | 1%upside $470 | Overweight Maintained | 2 May 2025 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Linde Expanding CO2 Capacity in the U.S. Gulf Coast
HOUSTON--(BUSINESS WIRE)--Linde today announced it is doubling the capacity of its Freeport, Texas, carbon dioxide (CO₂) production facility by adding a second CO₂ liquefaction plant. Starting up in 2027, the new plant will liquefy crude CO₂ captured from MEGlobal America Inc.'s Oyster Creek ethylene glycol facility, which Linde also supplies with oxygen from its Freeport air separation plant. The increased capacity will help Linde meet growing industry demand for reliable CO₂ supply across div.
Positive
Seeking Alpha
1 week ago
Linde: Unshakable Leader In Industrial Gases; A Path To Steady Portfolio Growth
I believe Linde stock offers attractive upside due to a robust business model with exceptional pricing power. Strong demand in core markets and successful cost controls are driving revenue and profitability higher. Given the compelling valuation and improving fundamentals, I rate the stock a Buy for long-term investors.
Positive
Seeking Alpha
1 month ago
Linde: Offsetting Potential Inflation With Contractual Pricing
I reiterate a Buy rating for Linde plc with a fair value of $477 per share, anticipating long-term benefits from increased U.S. manufacturing facilities. Linde's Q1 results showed 1% organic revenue growth and 4.1% adj. operating profit growth, despite sluggish industrial production. Management's confidence in offsetting inflationary pressures through pricing and productivity programs, along with defensive revenue streams, supports a strong market position.
Positive
Zacks Investment Research
1 month ago
Linde Surpasses Q1 Earnings on Higher Americas Pricing
LIN's first-quarter earnings gain on higher pricing and increased volumes from the Americas segment.
Neutral
Seeking Alpha
1 month ago
Linde plc (LIN) Q1 2025 Earnings Call Transcript
Linde plc (LIN) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Linde (LIN) Q1 Earnings: A Look at Key Metrics
The headline numbers for Linde (LIN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Linde (LIN) Surpasses Q1 Earnings Estimates
Linde (LIN) came out with quarterly earnings of $3.95 per share, beating the Zacks Consensus Estimate of $3.93 per share. This compares to earnings of $3.75 per share a year ago.
Neutral
Business Wire
1 month ago
Linde Reports First-Quarter 2025 Results
WOKING, England--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) today reported first-quarter 2025 net income of $1,673 million and diluted earnings per share of $3.51, up 3% and 5% respectively. Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,880 million, up 3% versus prior year. Adjusted earnings per share was $3.95, 5% above prior year. Linde's sales for the first quarter were $8,112 million, flat versus prior year. Compared to prior year, underlying sal.
Positive
Seeking Alpha
1 month ago
Best Dividend Aristocrats For May 2025
Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Edison (+25.65%), Cardinal Health (+17.82%), and Coca-Cola (+16.18%). 33 out of 69 Dividend Aristocrats have announced dividend increases in 2025, with an average growth rate of 4.33%.
Neutral
Business Wire
1 month ago
Linde to Expand Supply of Industrial Gases to Samsung in South Korea
WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) announced today that it will increase its supply of ultra-high-purity atmospheric, process and specialty gases to Samsung's world-class semiconductor manufacturing complex in Pyeongtaek, South Korea. Linde is the main supplier of industrial gases to Samsung's complex at Pyeongtaek and already has multiple on-site facilities supplying essential gases. Under a new agreement, Linde will build, own and operate an eighth on-site air separation un.
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