LindeLIN
Market Cap: $218B
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: 65,987
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
19% more repeat investments, than reductions
Existing positions increased: 754 | Existing positions reduced: 634
1% less funds holding
Funds holding: 1,816 [Q1] → 1,802 (-14) [Q2]
8% less call options, than puts
Call options by funds: $984M | Put options by funds: $1.07B
1.68% less ownership
Funds ownership: 81.67% [Q1] → 79.99% (-1.68%) [Q2]
7% less capital invested
Capital invested by funds: $182B [Q1] → $169B (-$13.5B) [Q2]
10% less first-time investments, than exits
New positions opened: 124 | Existing positions closed: 138
25% less funds holding in top 10
Funds holding in top 10: 80 [Q1] → 60 (-20) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 4%upside $477 | Outperform Maintained | 30 Aug 2024 |
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 4%upside $477 | Outperform Maintained | 6 Aug 2024 |
Barclays Michael Leithead 70% 1-year accuracy 14 / 20 met price target | 12%upside $510 | Overweight Maintained | 5 Aug 2024 |
JP Morgan Jeffrey Zekauskas 76% 1-year accuracy 25 / 33 met price target | 5%upside $480 | Overweight Maintained | 5 Aug 2024 |
B of A Securities Steve Byrne 45% 1-year accuracy 9 / 20 met price target | 13%upside $516 | Buy Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 4 articles about LIN published over the past 30 days