Type
|
Public |
---|---|
Traded as | NYSE: PX S&P 500 Component |
Industry | Chemicals (industrial gases) |
Founded | 1907 |
Headquarters | Danbury, Connecticut, United States |
Key people
|
Steve Angel - Chairman, President and CEO |
Revenue | US$ 10.8 billion (2015) |
Number of employees
|
26,000 (2015) |
Website | http://www.praxair.com |
Praxair, Inc. is an American worldwide industrial gases company. It is the largest industrial gases company in North and South America, and the third-largest worldwide by revenue.
The company was founded by Carl von Linde as Linde Air Products Company in 1907. In 1917, it joined with 4 other chemical companies under the name Union Carbide and Carbon Corporation, while maintaining a separate identity. Its degree of independence waxed and waned over the years, and in 1989, it was spun off as a subsidiary, Union Carbide Industrial Gases Inc., and renamed to Praxair when it became a formally independent company three years later. The name is derived from a combination of the Greek word "praxis", or practical application, and "air", the company's primary raw material.
Praxair was the first company in North America to commercialize cryogenically separated oxygen. The company introduced the first distribution system for liquid gas in 1917 and developed on-site gas supply in the 1940s. In the 1960s, Praxair introduced non-cryogenic means of air separation.
In August 2016 it was publicly announced that the American company was in official negotiations to merger with the German competitor Linde Group, which would form the world's largest gas supplier. The following month in September the negotiations were halted and suspended indefinitely. As of mid December 2016 Praxair has resumed negotiations with Linde for a potential merger In late December an official announcement was made that Praxair has reached an agreement to merger with Linde in a deal valued at $35 billion with an overall merger value of $65 billion. In April, 2017 Linde again rejected a request for a shareholder vote at its annual general meeting in May (from German private-investor association DSW). In May 2017, both companies reached a deal in principle on an all-share merger of equals valued at $75 billion, the deal will still need the approval of Praxair's board of directors as well as Linde's management and executive boards and if approved, will form a new holding company. In early June, both companies agreed to the merger.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2023-03-01 | Future report Set alerts | |
Q2 2022 | 2022-08-11 | 0.19 | 0.19 |
Q1 2022 | 2022-05-12 | 0.18 | 0.18 |
Q1 2019 | 2022-05-12 | 0.18 | 0.18 |
Q4 2021 | 2022-03-01 | 0.18 | 0.18 |
Q4 2018 | 2022-03-01 | 0.00 | 0.00 |
Q3 2018 | 2018-10-31 | 0.00 | 0.00 |
2016-07-06 | Reiterated Rating | Jefferies Group | Buy | |
2016-06-16 | Reiterated Rating | Morgan Stanley | Hold | $100.00 |
2016-06-15 | Reiterated Rating | Jefferies Group | Buy | $135.00 |
2016-05-02 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $109.00 |
2016-05-02 | Boost Price Target | Barclays | Equal Weight | $112.00 to $120.00 |
2016-05-02 | Boost Price Target | Barclays PLC | Equal Weight | $112.00 to $120.00 |
2016-04-18 | Boost Price Target | Citigroup Inc. | Neutral | $106.00 to $121.00 |
2016-04-12 | Boost Price Target | Goldman Sachs | $97.00 to $102.00 | |
2016-04-12 | Boost Price Target | Goldman Sachs Group Inc. | $97.00 to $102.00 | |
2016-04-04 | Downgrade | Deutsche Bank | Buy to Hold | $114.00 to $120.00 |
2016-04-04 | Downgrade | Deutsche Bank AG | Buy to Hold | $114.00 to $120.00 |
2016-03-24 | Initiated Coverage | Credit Suisse | Neutral | $107.00 to $117.00 |
2016-03-24 | Initiated Coverage | Credit Suisse Group AG | Neutral | $107.00 to $117.00 |
2016-02-22 | Boost Price Target | Susquehanna | Neutral | $106.00 to $110.00 |
2016-02-04 | Lower Price Target | JPMorgan Chase & Co. | $113.00 to $103.00 | |
2016-02-01 | Lower Price Target | Robert W. Baird | Neutral | $120.00 to $106.00 |
2016-02-01 | Reiterated Rating | Jefferies Group | Buy | $126.00 to $115.00 |
2016-01-22 | Initiated Coverage | Bank of America | Underperform | |
2016-01-22 | Initiated Coverage | Bank of America Corp. | Underperform | |
2016-01-13 | Upgrade | Seaport Global Securities | Neutral to Accumulate | $115.00 to $115.00 |
2016-01-08 | Lower Price Target | Jefferies Group | Buy | $135.00 to $126.00 |
2016-01-05 | Boost Price Target | Citigroup Inc. | $113.00 to $114.00 | |
2015-12-18 | Reiterated Rating | Deutsche Bank | Buy | $125.00 to $115.00 |
2015-12-14 | Reiterated Rating | KeyBanc | Buy | $120.00 to $118.00 |
2015-12-14 | Reiterated Rating | KeyCorp | Buy | $120.00 to $118.00 |
2015-11-03 | Reiterated Rating | Susquehanna | Neutral | $110.00 to $115.00 |
2015-11-02 | Lower Price Target | Barclays | Equal Weight | $130.00 to $128.00 |
2015-11-02 | Boost Price Target | Jefferies Group | Buy | $123.00 to $135.00 |
2015-11-01 | Reiterated Rating | Deutsche Bank | Buy | $125.00 |
2015-10-30 | Lower Price Target | Credit Suisse | $140.00 to $125.00 | |
2015-10-26 | Lower Price Target | Robert W. Baird | Neutral | $126.00 to $120.00 |
2015-10-07 | Lower Price Target | Susquehanna | Neutral | $120.00 to $110.00 |
2015-09-23 | Set Price Target | Jefferies Group | $123.00 | |
2015-08-26 | Lower Price Target | Global Hunter Securities | Neutral | $126.00 to $120.00 |
2015-08-26 | Lower Price Target | Seaport Global Securities | Neutral | $126.00 to $120.00 |
2015-06-04 | Initiated Coverage | Global Hunter Securities | Neutral | $130.00 |
2015-06-04 | Initiated Coverage | Seaport Global Securities | Neutral | $130.00 |
2015-05-06 | Lower Price Target | Susquehanna | Neutral | $124.00 to $120.00 |
2015-05-04 | Lower Price Target | Citigroup Inc. | Neutral | $132.00 to $128.00 |
2015-04-30 | Lower Price Target | Barclays | Equal Weight | $141.00 to $136.00 |
2015-04-30 | Reiterated Rating | Deutsche Bank | Buy | $138.00 to $136.00 |
2015-04-14 | Lower Price Target | KeyBanc | Overweight | $133.00 to $130.00 |
2015-01-29 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $126.00 to $123.00 |
2015-01-29 | Reiterated Rating | Credit Suisse | Buy | $140.00 to $136.00 |
2015-01-29 | Reiterated Rating | Citigroup Inc. | Hold | $141.00 to $132.00 |
2015-01-28 | Reiterated Rating | William Blair | Hold | |
2015-01-26 | Downgrade | Robert W. Baird | Outperform to Neutral | $136.00 to $133.00 |
2014-11-12 | Initiated Coverage | Tigress Financial | Neutral | |
2014-10-31 | Reiterated Rating | Credit Suisse | Neutral | $135.00 to $130.00 |
2014-10-30 | Reiterated Rating | Deutsche Bank | Buy | $146.00 to $140.00 |
2014-10-30 | Reiterated Rating | Citigroup Inc. | Neutral | $136.00 to $133.00 |
2014-10-06 | Set Price Target | Citigroup Inc. | Neutral | $142.00 to $136.00 |
2014-07-31 | Upgrade | First Analysis | Equal Weight to Overweight | $155.00 |
2014-07-24 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $134.00 to $136.00 |
2014-07-24 | Downgrade | William Blair | Outperform to Market Perform | |
2014-07-16 | Reiterated Rating | KeyBanc | Buy | $140.00 to $144.00 |
2014-04-24 | Reiterated Rating | Citigroup Inc. | Hold | $142.00 |
2014-04-24 | Reiterated Rating | Deutsche Bank | Buy | $145.00 to $146.00 |
2014-04-24 | Boost Price Target | Robert W. Baird | $144.00 to $145.00 | |
2014-04-23 | Reiterated Rating | Morgan Stanley | Equal Weight | $140.00 |
2014-03-17 | Boost Price Target | Jefferies Group | $143.00 to $152.00 | |
2014-02-06 | Lower Price Target | Susquehanna | $133.00 to $127.00 | |
2014-01-31 | Boost Price Target | Deutsche Bank | $140.00 to $145.00 | |
2014-01-30 | Boost Price Target | Barclays | Equal Weight | $135.00 to $145.00 |
2014-01-30 | Lower Price Target | Credit Suisse | Neutral | $135.00 |
2014-01-30 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | |
2014-01-30 | Boost Price Target | Societe Generale | $135.00 to $148.00 | |
2013-11-05 | Boost Price Target | Barclays | Equal Weight | $125.00 to $135.00 |
2013-11-01 | Boost Price Target | Raymond James | Strong-Buy | $135.00 to $145.00 |
2013-10-31 | Boost Price Target | Deutsche Bank | Buy | $135.00 to $140.00 |
2013-10-21 | Boost Price Target | BGC Financial | Buy | $135.00 to $145.00 |
2013-10-16 | Boost Price Target | Jefferies Group | Buy | $137.00 to $140.00 |
2013-10-04 | Reiterated Rating | Oppenheimer | Buy | $137.00 |
2013-10-04 | Boost Price Target | Robert W. Baird | Outperform | $129.00 to $142.00 |
2013-09-17 | Boost Price Target | Oppenheimer | Outperform | $135.00 to $137.00 |
2011-11-02 | Downgrade | Argus | Buy to Hold | |
2011-08-31 | Initiated | Barclays Capital | Equal Weight | $105 |
2010-08-02 | Reiterated | Argus | Buy | $92 to $99 |
2009-10-02 | Initiated | William Blair | Outperform | |
2009-06-08 | Reiterated | Jefferies & Co | Buy | $81 to $88 |
2009-05-14 | Initiated | UBS | Buy | |
2009-04-23 | Upgrade | Citigroup | Hold to Buy |
2016-07-06 | Reiterated Rating | Jefferies Group | Buy | |
2016-06-16 | Reiterated Rating | Morgan Stanley | Hold | $100.00 |
2016-06-15 | Reiterated Rating | Jefferies Group | Buy | $135.00 |
2016-05-02 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $109.00 |
2016-05-02 | Boost Price Target | Barclays | Equal Weight | $112.00 to $120.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In PX 132 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Institutional Trust Company, N.A. | 7.89M |
BlackRock Fund Advisors | 4.26M |
FEDERATED INVESTORS INC /PA/ | 3.18M |
Vanguard Group, Inc | 3.10M |
ALLIANCEBERNSTEIN L.P. | 2.86M |
BlackRock Group LTD | 2.41M |
CI Global Investments Inc. | 2.29M |
Grandeur Peak Global Advisors, LLC | 1.41M |
FMR LLC | 1.34M |
Altai Capital Management, L.P. | 1.15M |
RUSSELL FRANK CO/ | 0.99M |
GOLDMAN SACHS GROUP INC | 0.99M |
BlackRock Investment Management, LLC | 0.96M |
MANAGED ACCOUNT ADVISORS LLC | 0.82M |
Arrowpoint Asset Management, LLC | 0.80M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
ANGEL STEPHEN F President & CEO | 0.06% (168433) | PPG / PX / |
Menezes Eduardo F Executive Vice President | 0.02% (66288) | PX / |
Telesz Scott E Executive Vice President | 0.02% (47764) | PX / |
Breedlove James T Senior VP, Gen. Counsel & Sec. | 0.01% (37824) | PX / QHC / |
Roby Anne K Senior Vice President | 0.01% (26251) | PX / |
SMITH WAYNE T | 0.01% (24430) | CYH / PX / |
White Matthew J Senior Vice President & CFO | 0.01% (24376) | PX / |
DICCIANI NANCE K | 0.01% (23758) | BLVD / HAL / LYB / PX / ROC / |
SAWYER JAMES S Executive V.P. and CFO | 0.01% (20804) | CLF / PX / |
GALANTE EDWARD G | 0.01% (19175) | CE / CLH / PX / TSO / |
Savoia Sally A Vice President | 0.01% (18773) | PX / |
WOOD ROBERT L | 0.01% (18269) | JAH / MRC / PX / |
Hirsch Elizabeth T Vice President & Controller | 0.01% (17139) | PX / |
LEBOEUF RAYMOND W | 0.01% (16620) | PX / |
McVay Larry D | 0.01% (16284) | CBI / CPE / PX / |