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: 65,596
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
77% more first-time investments, than exits
New positions opened: 228 | Existing positions closed: 129
3% more repeat investments, than reductions
Existing positions increased: 719 | Existing positions reduced: 696
0% more funds holding
Funds holding: 1,888 [Q3] → 1,897 (+9) [Q4]
0.33% less ownership
Funds ownership: 81.71% [Q3] → 81.38% (-0.33%) [Q4]
12% less funds holding in top 10
Funds holding in top 10: 68 [Q3] → 60 (-8) [Q4]
13% less capital invested
Capital invested by funds: $186B [Q3] → $162B (-$23.6B) [Q4]
53% less call options, than puts
Call options by funds: $883M | Put options by funds: $1.9B
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
12%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target | 12%upside $515 | Buy Upgraded | 13 Jan 2025 |
Citigroup Patrick Cunningham 55% 1-year accuracy 18 / 33 met price target | 5%upside $480 | Neutral Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 12 articles about LIN published over the past 30 days
Positive
Zacks Investment Research
3 days ago
Linde's Q4 Earnings Top on Promising Americas Business Unit
Higher pricing from the Americas business segment backs LIN's Q4 earnings beat.
Positive
Zacks Investment Research
2 weeks 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.
Neutral
Seeking Alpha
2 weeks 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.
Neutral
The Motley Fool
2 weeks 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.
Positive
Zacks Investment Research
2 weeks 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.
Positive
Zacks Investment Research
2 weeks 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.
Neutral
Accesswire
2 weeks 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.
Positive
Reuters
2 weeks ago
Linde beats Q4 earnings expectations
Linde , the world's largest industrial gases company, reported fourth quarter earnings above market expectations on Thursday.
Neutral
Accesswire
2 weeks 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.
Neutral
Zacks Investment Research
2 weeks 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.
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