Linde's stock soars 23.6% in three months as earnings and dividends climb
Linde has witnessed robust growth in both its stock market performance and financial health. The company's shares reached a 52-week peak of $504.49 on 24 February, while its latest earnings report indicated a 6% increase in quarterly sales. Investors have responded favorably, with the stock climbing 23.6% over the past three months.
The industrial gas supplier announced fourth-quarter sales of $8.76 billion, up 6% from the same period last year. Growth was particularly pronounced in the Americas, where sales rose by 8%. Additionally, Linde increased its quarterly dividend by 7%, demonstrating confidence in its financial status.
Over the past year, the company's stock has appreciated by 9.9%, albeit trailing the S&P 500's 15.2% gain. Nevertheless, analysts remain bullish, assigning Linde a 'Strong Buy' rating. Earnings per share (EPS) for the current quarter are projected to grow by 8.1% year-over-year to $4.27. Looking ahead, projections for fiscal 2026 anticipate an 8.1% annual rise in EPS, reaching $17.79.
The recent uptick in share price—up 23.6% in just three months—outpaces the broader market, where the S&P 500 rose only 2.8% in the same period. This momentum underscores investor confidence in Linde's capacity to deliver consistent growth.
Linde's latest results and stock market performance underscore its strong position in the industrial sector. With rising sales, increased dividends, and optimistic earnings forecasts, the company continues to draw investor interest. The next fiscal year will assess whether this growth trajectory can be sustained.
