Linde (LIN) Gets Price Target Increase from BMO Capital Ahead of 2026 Outlook

Group 1 - Linde plc is recognized as one of the 16 Best Dividend Stocks with Rising Payouts [1] - BMO Capital analyst John McNulty raised the price target for Linde plc to $507 from $501, maintaining an Outperform rating, citing a stronger project backlog and pricing strength [2] - Linde's CEO Sanjiv Lamba described the economic environment as uneven, with strong investment in AI and digital infrastructure driving growth, while traditional sectors are experiencing a pullback [3][5] Group 2 - Linde reported record annual EPS, operating cash flow, and operating margins, achieving a 24.2% return on capital and returning over $7 billion to shareholders [3] - The company's project backlog reached a record $10 billion, excluding over $0.5 billion in additional investments for rocket propellant projects [4] - Linde serves a diverse range of industries, including chemicals, energy, food and beverage, electronics, healthcare, manufacturing, metals, and mining [5]