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 2023.
Employees: 65,596
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
48% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 112
13% more funds holding in top 10
Funds holding in top 10: 60 [Q2] → 68 (+8) [Q3]
3% more funds holding
Funds holding: 1,828 [Q2] → 1,882 (+54) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 722 | Existing positions reduced: 679
5% more capital invested
Capital invested by funds: $173B [Q2] → $182B (+$8.48B) [Q3]
2.11% less ownership
Funds ownership: 81.98% [Q2] → 79.87% (-2.11%) [Q3]
25% less call options, than puts
Call options by funds: $1.08B | Put options by funds: $1.44B
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$480
13%
upside
Avg. target
$508
19%
upside
High target
$530
24%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Citigroup Patrick Cunningham 28% 1-year accuracy 9 / 32 met price target | 13%upside $480 | Neutral Maintained | 18 Dec 2024 |
Mizuho John Roberts 36% 1-year accuracy 12 / 33 met price target | 24%upside $530 | Outperform Maintained | 1 Nov 2024 |
Deutsche Bank | 21%upside $515 | Buy Maintained | 1 Nov 2024 |
BMO Capital John McNulty 35% 1-year accuracy 17 / 48 met price target | 19%upside $507 | Outperform Maintained | 1 Nov 2024 |
Financial journalist opinion
Neutral
Accesswire
6 days ago
Dow Jones Sustainability(TM) World Index Includes Linde for the Twenty-Second Consecutive Year
WOKING, UK / ACCESSWIRE / December 19, 2024 / Linde (Nasdaq:LIN) announced it has been included in the Dow Jones Sustainability™ World Index (DJSI World) for the twenty-second consecutive year. Linde has also been included in the DJSI North America.
Neutral
Zacks Investment Research
2 weeks ago
SLB, Linde and Aramco Partner to Develop New Carbon Capture Project
Aramco shall hold 60% ownership of the carbon capture project based in Jubail, Saudi Arabia, while SLB and Linde will own 20% each.
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month For 8.5% Yield (November 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
1 month ago
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.
Neutral
Seeking Alpha
1 month ago
Linde: Dragged Down By Slowdown In Asia And Europe
Linde is a growing low-risk business capable of generating 30%+ returns on capital invested. Elevated inflation levels as of late enabled Linde to raise prices and helped boost earnings growth. The economic backdrop is less favourable currently and the stock could re-rate to a lower valuation multiple.
Neutral
Seeking Alpha
1 month ago
Linde plc (LIN) Q3 2024 Earnings Call Transcript
Linde plc (NASDAQ:LIN ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Juan Pelaez - Head, IR Sanjiv Lamba - CEO Matt White - CFO Conference Call Participants Mike Leithead - Barclays Vincent Andrews - Morgan Stanley Duffy Fischer - Goldman Sachs David Begleiter - Deutsche Bank Peter Clark - Bernstein Jeff Zekauskas - JPMorgan Steve Byrne - Bank of America Stephen Richardson - Evercore ISI Mike Sison - Wells Fargo John McNulty - BMO Capital Markets Patrick Cunningham - Citi Josh Spector - UBS Kevin McCarthy - Vertical Research Partners John Roberts - Mizuho Dan Rizzo - Jefferies Tony Jones - Redburn Atlantic Mike Harrison - Seaport Research Partners Operator Ladies and gentlemen, good day, and thank you for standing by. Welcome to the Linde Third Quarter 2024 Earnings Teleconference and Webcast.
Neutral
Zacks Investment Research
1 month ago
Linde's Q3 Earnings Beat Estimates on Higher Americas Pricing
Lower contributions from the Engineering business unit hurt LIN's Q3 earnings to some extent.
Neutral
Zacks Investment Research
1 month ago
Linde (LIN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Linde (LIN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Linde (LIN) Q3 Earnings Top Estimates
Linde (LIN) came out with quarterly earnings of $3.94 per share, beating the Zacks Consensus Estimate of $3.89 per share. This compares to earnings of $3.63 per share a year ago.
Neutral
Accesswire
1 month ago
Linde Reports Third-Quarter 2024 Results (Earnings Release Tables Attached)
Third-Quarter Highlights Sales $8.4 billion, up 2% Operating profit $2.1 billion, adjusted operating profit $2.5 billion, up 7% Operating profit margin 25.0%; adjusted operating profit margin 29.6%, up 130 basis points EPS $3.22, up 1%; adjusted EPS $3.94, up 9% YoY Full-year 2024 adjusted EPS guidance of $15.40 - $15.50 representing 9% to 10% growth year-over-year excluding FX Project backlog $10 billion, up $2+ billion WOKING, UK / ACCESSWIRE / October 31, 2024 / Linde plc (Nasdaq:LIN) today reported third-quarter 2024 net income of $1,550 million and diluted earnings per share of $3.22. Excluding Linde AG purchase accounting impacts, cost reduction programs and other charges, adjusted net income was $1,896 million, up 6% versus prior year.
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