Linde plc (NASDAQ:LIN) is included among the 15 Best Dividend Growth Stocks to Buy Now.
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On November 3, Seaport Research analyst Michael Harrison upgraded Linde plc (NASDAQ:LIN) to Buy from Neutral and set a price target of $500, as reported by The Fly. The analyst noted that Linde’s “solid” Q3 results and maintained guidance midpoint highlight its strong execution despite near-term challenges. While the firm remains cautious about the current macro environment, it described Linde as “a high-quality defensive name to weather challenges,” adding that the company is well positioned to seize opportunities as conditions improve. The analyst further mentioned that volume trends “could be turning a corner for the first time in three years.”
In the third quarter of 2025, Linde plc (NASDAQ:LIN) reported solid results, with operating cash flow up 8% and $1.7 billion in free cash flow generated. The company’s $10 billion backlog continues to secure long-term EPS growth and support network expansion. Management emphasized that, despite economic headwinds, employees remain focused on generating shareholder value and maintaining industry-leading performance.
Sales for the quarter totaled $8.6 billion, marking a 3% increase from the prior year and a 1% rise sequentially. Earnings per share came in at $4.21, up 7%, benefiting from a lower share count and reduced tax rate.
Linde plc (NASDAQ:LIN) is a global leader in industrial gases and engineering, providing solutions across industrial, healthcare, and specialty gas markets, along with advanced materials and engineering technologies.
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