Linde (NASDAQ:LIN) Stock, Quote.Headers.trade-ideas

Linde

Linde PLC is the 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.

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<p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 15 years by 1.11% on an annualized basis producing an average annual return of 12.84%. Currently, Linde has a market capitalization of $226.75 billion. </p>
<p><strong>Buying $1000 In LIN:</strong> If an investor had bought $1000 of LIN stock 15 years ago, it would be worth <strong>$6,167.81</strong> today based on a price of $474.86 for LIN at the time of writing.</p>
<h3>Linde's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725462018_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In Linde 15 Years Ago Would Be Worth Today

<p>BMO Capital  analyst John McNulty   maintains Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) with a Outperform and maintains $477 price target.</p>


Price Target

BMO Capital Maintains Outperform on Linde, Maintains $477 Price Target

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Linde</strong>.</p>
<p>Looking at options history for Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) we detected 9 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 22% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $114,020 and 6, calls, for a total amount of $358,488.</p>
<h3>Expected Price Movements</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $470.0 and $500.0 for Linde, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Linde's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Linde's whale activity within a strike price range from $470.0 to $500.0 in the last 30 days. </p>
<h3>Linde 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724871675_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$38.6</td>
<td>$36.3</td>
<td>$38.17</td>
<td>$500.00</td>
<td>$152.4K</td>
<td style="text-align: right;">226</td>
<td style="text-align: right;">47</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$20.0</td>
<td>$19.9</td>
<td>$19.95</td>
<td>$480.00</td>
<td>$57.6K</td>
<td style="text-align: right;">909</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>LIN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$32.5</td>
<td>$32.2</td>
<td>$32.3</td>
<td>$470.00</td>
<td>$51.7K</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">18</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$19.0</td>
<td>$18.9</td>
<td>$18.9</td>
<td>$480.00</td>
<td>$43.4K</td>
<td style="text-align: right;">909</td>
<td style="text-align: right;">68</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$26.2</td>
<td>$26.0</td>
<td>$26.06</td>
<td>$470.00</td>
<td>$39.1K</td>
<td style="text-align: right;">344</td>
<td style="text-align: right;">84</td>
</tr>
</tbody>
</table>
</p>
<h3>About Linde</h3>
<p>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.</p>
<p>After a thorough review of the options trading surrounding Linde, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Linde</h3>
<ul>
<li>Currently trading with a volume of 515,141, the LIN's price is down by -0.25%, now at $471.15. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 57 days.</li>
</ul>
<h3>What Analysts Are Saying About Linde</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $495.75.</p>
<ul>
<li>Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Linde, targeting a price of $477. </li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Linde, targeting a price of $480. </li>
<li>An analyst from Barclays persists with their Overweight rating on Linde, maintaining a target price of $510. </li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Linde, which currently sits at a price target of $516. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Linde with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Market Whales and Their Recent Bets on LIN Options

<p><strong>Linde plc&nbsp;</strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) shares are trading higher today. The company disclosed a long-term agreement to supply clean hydrogen to <strong>Dow Inc.</strong>&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/ac40571189/linde-signs-long-term-agreement-to-supply-clean-hydrogen-to-dows-path2zero-project-in-canada" rel="noreferrer noopener">Fort Saskatchewan Path2Zero Project</a>.</p>
<p>The company plans to invest over $2 billion to build, own, and operate an integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.</p>
<p>When completed in 2028, the new complex in Alberta will be Canada&#8217;s largest clean hydrogen production facility and one of the largest worldwide.</p>
<p>In the first phase, Linde will supply clean hydrogen, nitrogen, and other services to support Dow&#8217;s net-zero emissions integrated ethylene cracker and derivatives site.</p>
<p>Sanjiv Lamba, Chief Executive Officer, Linde, said, &#8220;This landmark project aligns with our strategy of developing high-quality projects with secured off-take. Our technology, experience and execution are enabling the transition to a cleaner economy.&#8221;</p>
<p>Additionally, Linde&#8217;s facility will supply clean hydrogen to industrial customers aiming to decarbonize. The complex will capture over 2 million metric tons of carbon dioxide annually for sequestration.</p>
<p>This will be Linde&#8217;s biggest single investment and its second world-scale clean hydrogen project, following its announcement on the U.S. Gulf Coast blue ammonia project.</p>
<p>Jim Fitterling, Chair and Chief Executive Officer, Dow stated, &#8220;Our business strategy to decarbonize our assets and drive growth while enabling higher shareholder returns is central to Dow&#8217;s long-term success.&#8221;</p>
<p>Investors can gain exposure to LIN via&nbsp;<strong>IShares U.S. Basic Materials ETF&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYM#NYSE">IYM</a>) and&nbsp;<strong>Materials Select Sector SPDR</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>).</p>
<p><strong>Price Action</strong>: LIN shares are up 0.60% at $471.29 at the last check Tuesday.</p>
<p><em>Photo via Shutterstock</em></p>
<p><strong>Read Next<em>:</em></strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com//node/39954583" target="_blank" rel="noreferrer noopener">Chemicals Company Dow&#8217;s Q2 Earnings Disappoint Amid Challenging Market Conditions; Stock Slips</a></strong></li>
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<p><strong><em>Disclaimer:</em></strong><em> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>


Linde Inks Long-Term Agreement To Supply Clean Hydrogen For Dow's Path2Zero Project In Canada, Commits Over $2B Investment

<p>Linde (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lin#NASDAQ">LIN</a>) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow's Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate
</p><p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow's Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.</p>


Linde Signed Long-Term Agreement to Supply Clean Hydrogen to Dow's Path2Zero Project in Canada

<p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 10 years by 2.56% on an annualized basis producing an average annual return of 13.3%. Currently, Linde has a market capitalization of $218.55 billion. </p>
<p><strong>Buying $1000 In LIN:</strong> If an investor had bought $1000 of LIN stock 10 years ago, it would be worth <strong>$3,476.64</strong> today based on a price of $457.70 for LIN at the time of writing.</p>
<h3>Linde's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724079613_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,500 Today

<p>Financial giants have made a conspicuous bearish move on Linde. Our analysis of options history for Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $248,150, and 7 were calls, valued at $454,554.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $400.0 to $500.0 for Linde over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Linde's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Linde's whale trades within a strike price range from $400.0 to $500.0 in the last 30 days. </p>
<h3>Linde Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1723754845_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$25.8</td>
<td>$24.1</td>
<td>$24.1</td>
<td>$480.00</td>
<td>$241.0K</td>
<td style="text-align: right;">101</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>LIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$18.0</td>
<td>$16.2</td>
<td>$18.0</td>
<td>$400.00</td>
<td>$108.0K</td>
<td style="text-align: right;">237</td>
<td style="text-align: right;">60</td>
</tr>
<tr>
<td>LIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$18.0</td>
<td>$16.2</td>
<td>$17.5</td>
<td>$400.00</td>
<td>$87.5K</td>
<td style="text-align: right;">237</td>
<td style="text-align: right;">110</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$9.6</td>
<td>$9.1</td>
<td>$8.82</td>
<td>$455.00</td>
<td>$70.5K</td>
<td style="text-align: right;">131</td>
<td style="text-align: right;">97</td>
</tr>
<tr>
<td>LIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$11.7</td>
<td>$11.4</td>
<td>$11.7</td>
<td>$440.00</td>
<td>$52.6K</td>
<td style="text-align: right;">219</td>
<td style="text-align: right;">49</td>
</tr>
</tbody>
</table>
</p>
<h3>About Linde</h3>
<p>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.</p>
<p>Following our analysis of the options activities associated with Linde, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Linde Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,086,639, the LIN's price is up by 1.1%, now at $456.14. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 70 days.</li>
</ul>
<h3>What Analysts Are Saying About Linde</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $495.75.</p>
<ul>
<li>An analyst from Barclays persists with their Overweight rating on Linde, maintaining a target price of $510. </li>
<li>An analyst from JP Morgan has decided to maintain their Overweight rating on Linde, which currently sits at a price target of $480. </li>
<li>Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Linde with a target price of $516. </li>
<li>An analyst from BMO Capital has decided to maintain their Outperform rating on Linde, which currently sits at a price target of $477. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Linde, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Decoding Linde's Options Activity: What's the Big Picture?

<p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 20 years by 4.59% on an annualized basis producing an average annual return of 12.81%. Currently, Linde has a market capitalization of $212.72 billion. </p>
<p><strong>Buying $1000 In LIN:</strong> If an investor had bought $1000 of LIN stock 20 years ago, it would be worth <strong>$11,137.13</strong> today based on a price of $445.49 for LIN at the time of writing.</p>
<h3>Linde's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1723492814_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In Linde 20 Years Ago Would Be Worth Today

<p>BMO Capital  analyst John McNulty   maintains Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) with a Outperform and raises the price target from $475 to $477.</p>


BMO Capital Maintains Outperform on Linde, Raises Price Target to $477

<p>Barclays  analyst Michael Leithead   maintains Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) with a Overweight and raises the price target from $460 to $510.</p>


Barclays Maintains Overweight on Linde, Raises Price Target to $510

<p>JP Morgan  analyst Jeffrey Zekauskas   maintains Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) with a Overweight and raises the price target from $430 to $480.</p>


JP Morgan Maintains Overweight on Linde, Raises Price Target to $480

<p>B of A Securities  analyst Steve Byrne   maintains Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) with a Buy and raises the price target from $495 to $516.</p>


B of A Securities Maintains Buy on Linde, Raises Price Target to $516

<p>High-rolling investors have positioned themselves bullish on Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>), and it's important for retail traders to take note.<br />
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LIN often signals that someone has privileged information.</p>
<p>Today, Benzinga's options scanner spotted 12 options trades for Linde. This is not a typical pattern.</p>
<p>The sentiment among these major traders is split, with 33% bullish and 16% bearish. Among all the options we identified, there was one put, amounting to $1,024,800, and 11 calls, totaling $907,286.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $400.0 to $460.0 for Linde over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Linde stands at 1301.0, with a total volume reaching 4,265.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Linde, situated within the strike price corridor from $400.0 to $460.0, throughout the last 30 days.</p>
<h3>Linde Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722620821_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$9.8</td>
<td>$8.5</td>
<td>$8.54</td>
<td>$400.00</td>
<td>$1.0M</td>
<td>802</td>
<td>1.2K</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.3</td>
<td>$21.3</td>
<td>$21.8</td>
<td>$460.00</td>
<td>$207.4K</td>
<td>1.8K</td>
<td>196</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$21.9</td>
<td>$21.2</td>
<td>$21.55</td>
<td>$460.00</td>
<td>$189.6K</td>
<td>1.8K</td>
<td>406</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.3</td>
<td>$21.4</td>
<td>$21.85</td>
<td>$460.00</td>
<td>$107.8K</td>
<td>1.8K</td>
<td>247</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$25.6</td>
<td>$23.7</td>
<td>$24.07</td>
<td>$460.00</td>
<td>$74.6K</td>
<td>1.8K</td>
<td>45</td>
</tr>
</tbody>
</table>
</p>
<h3>About Linde</h3>
<p>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.</p>
<p>In light of the recent options history for Linde, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Linde</h3>
<ul>
<li>With a trading volume of 1,134,870, the price of LIN is down by -0.85%, reaching $449.49.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 0 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Linde</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $477.5.</p>
<ul>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Linde, targeting a price of $480. </li>
<li>An analyst from UBS persists with their Neutral rating on Linde, maintaining a target price of $475. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Linde with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Behind the Scenes of Linde's Latest Options Trends

<p>This represents growth of 8%&nbsp;to&nbsp;10%&nbsp;versus prior year or&nbsp;9%&nbsp;to&nbsp;11%&nbsp;when excluding&nbsp;1%&nbsp;of estimated currency headwind.</p>
<p>Full-year capital expenditures are expected to be in the range of&nbsp;$4.0 billion&nbsp;to&nbsp;$4.5 billion&nbsp;to support growth and maintenance requirements including the&nbsp;$4.7 billion&nbsp;contractual sale of gas project backlog.</p>


Guidance

Linde Tightens FY24 Adjusted EPS Forecast From $15.30 - $15.60 To $15.40 - $15.60, Est $15.47

<p>This represents growth of 5%&nbsp;to&nbsp;8%&nbsp;versus prior-year quarter or&nbsp;6%&nbsp;to&nbsp;9%&nbsp;when excluding&nbsp;1%&nbsp;of estimated currency headwind.</p>


Linde Expects Q3 Adjusted EPS Of $3.82 - $3.92, Est $3.95

<p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) reported quarterly earnings of $3.85 per share which beat the analyst consensus estimate of $3.78 by 1.85 percent. This is a 7.84 percent increase over earnings of $3.57 per share from the same period last year.  The company reported quarterly sales of $8.267 billion which missed the analyst consensus estimate of $8.316 billion by 0.59 percent.  This is a 0.77 percent increase over sales of $8.204 billion the same period last year.</p>


Earnings

Earnings Beats

Earnings Misses

Linde Q2 2024 Adj. EPS $3.85 Beats $3.78 Estimate, Sales $8.267B Miss $8.316B Estimate

<p>Financial giants have made a conspicuous bearish move on Linde. Our analysis of options history for Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 20% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $65,580, and 8 were calls, valued at $466,188.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $400.0 to $455.0 for Linde over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Linde's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Linde's substantial trades, within a strike price spectrum from $400.0 to $455.0 over the preceding 30 days.</p>
<h3>Linde Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721933229_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$27.4</td>
<td>$26.7</td>
<td>$26.7</td>
<td>$450.00</td>
<td>$95.9K</td>
<td>2.6K</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$26.6</td>
<td>$26.4</td>
<td>$26.5</td>
<td>$450.00</td>
<td>$74.2K</td>
<td>2.6K</td>
<td style="text-align: right;">165</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$26.8</td>
<td>$26.7</td>
<td>$26.58</td>
<td>$450.00</td>
<td>$69.2K</td>
<td>2.6K</td>
<td style="text-align: right;">76</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$85.1</td>
<td>$83.2</td>
<td>$83.8</td>
<td>$400.00</td>
<td>$58.7K</td>
<td>29</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>LIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$27.9</td>
<td>$26.7</td>
<td>$26.58</td>
<td>$450.00</td>
<td>$58.5K</td>
<td>2.6K</td>
<td style="text-align: right;">98</td>
</tr>
</tbody>
</table>
</p>
<h3>About Linde</h3>
<p>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.</p>
<p>Having examined the options trading patterns of Linde, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Linde</h3>
<ul>
<li>With a volume of 773,982, the price of LIN is up 0.57% at $446.31. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 8 days.</li>
</ul>
<h3>What The Experts Say On Linde</h3>
<p>2 market experts have recently issued ratings for this stock, with a consensus target price of $477.5.</p>
<ul>
<li>An analyst from UBS persists with their Neutral rating on Linde, maintaining a target price of $475. </li>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Linde, targeting a price of $480. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Linde options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


<p>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 5 years by 4.4% on an annualized basis producing an average annual return of 17.34%. Currently, Linde has a market capitalization of $215.08 billion. </p>
<p><strong>Buying $1000 In LIN:</strong> If an investor had bought $1000 of LIN stock 5 years ago, it would be worth <strong>$2,236.73</strong> today based on a price of $447.41 for LIN at the time of writing.</p>
<h3>Linde's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721678423_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning Linde Stock In The Last 5 Years

<p>On CNBC's &#8220;Mad Money Lightning Round,&#8221; <strong>Jim Cramer</strong> said <strong>Fortinet, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) is not his favorite. He added that we own <strong>Palo Alto Networks, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) <a href="https://www.benzinga.com/news/earnings/24/07/39668557/palo-alto-up-11-in-a-month-whats-next-for-investors">for the charitable trust</a>.</p>
<p>On July 11, Barclays analyst Saket Kalia maintained Fortinet with an Equal-Weight and lowered the price target from $75 to $70.</p>
<p>When asked about <strong>Air Products and Chemicals, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>), Cramer said <strong>Linde plc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) is a &#8220;much better run company, and that's why Air Products isn't doing as well, and Linde's doing spectacularly.&#8221;</p>
<p>On July 16, Air Products named <strong>Eric Guter</strong> as vice president of Investor Relations effective Sept. 30 succeeding <strong>Sidd Manjeshwar</strong>.</p>
<p><strong>Sarepta Therapeutics, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) is a &#8220;speculative situation where they have great science. I am never going to bet against a biotech company with great science, therefore I bless owning the stock. It's too risky for me, but it's ok if you want to be there,&#8221; he said.</p>
<p>On July 1, Piper Sandler analyst Biren Amin maintained Sarepta Therapeutics with an Overweight rating and maintained a $205 price target.</p>
<p>The &#8220;Mad Money&#8221; host recommended not selling <strong>Match Group, Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) as &#8220;you've just got a very, very smart investor in there. You've got Starboard, there's been other activists there too… and Match has to make the changes that Starboard recommends.&#8221;</p>
<p>Starboard Value sent a letter to Match Group's CEO, CFO, president and board of directors outlining actionable opportunities for enhancing shareholder value. Starboard Value holds a 6.6% stake in the company, making it the third-largest shareholder.</p>
<p><strong>BJ&#8217;s Wholesale Club Holdings, Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) is very good, Cramer said. &#8220;My problem is, why would I want the very good when I can get the best, which, of course, is <strong>Costco</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>).&#8221;</p>
<p>On July 11, Loop Capital analyst Laura Champine maintained BJ&#8217;s Wholesale with a Hold and raised the price target from $80 to $85.</p>
<p>When asked about <strong>Toast, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>), he said, &#8220;The problem with that is that you are investing in retail by doing that, and I do not want to be as exposed to retail right now, and so that's the only reason why I do not want to own the stock of Toast.&#8221;</p>
<p>Toast reported robust performance for the quarter ended March 31 on May 7.</p>
<p>Cramer said <strong>Teva Pharmaceutical Industries Limited</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) is ok, but he likes best of breed. i.e. <strong>Eli Lilly</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>).</p>
<p>Teva Pharmaceutical said it will release second-quarter financial results on Wednesday, July 31.</p>
<p><strong>Viking Therapeutics, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) is &#8220;terrific,&#8221; Cramer said. &#8220;I would put <strong>Royal Caribbean</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) and Viking at the top of the heap. They are both excellent.&#8221;</p>
<p>On June 27, Morgan Stanley analyst Michael Ulz initiated coverage on Viking Therapeutics with an Overweight rating and announced a price target of $105.</p>
<p><strong>Price Action:</strong></p>
<ul>
<li>Fortinet shares fell 0.7% to settle at $59.48 on Tuesday.</li>
<li>Teva shares fell 2.5% to close at $16.65 on Tuesday.</li>
<li>Viking shares fell 4% to settle at $57.00 during Tuesday's session.</li>
<li>BJ's Wholesale shares gained 1.4% to $91.38.</li>
<li>Toast shares gained 5.3% to settle at $27.30 on Tuesday.</li>
<li>Air Products shares gained 3% to close at $267.53 during Tuesday's session.</li>
<li>Sarepta shares fell 2.4% to close at $148.98 on Tuesday.</li>
<li>Match shares gained 7.5% to settle at $34.41 on Tuesday.</li>
</ul>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39791820/top-4-risk-off-stocks-youll-regret-missing-in-july">Top 4 Risk Off Stocks You&#8217;ll Regret Missing In July</a></strong></li>
</ul>
<p><em>Photo: s_bukley/Shutterstock.com</em></p>


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