Schnieders Capital Management LLC Has $421,000 Position in Linde PLC $LIN

Schnieders Capital Management LLC grew its stake in shares of Linde PLC (NASDAQ:LIN) by 19.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 897 shares of the basic materials company’s stock after buying an additional 145 shares during the period. Schnieders Capital Management LLC’s holdings in Linde were worth $421,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in LIN. North Capital Inc. acquired a new position in shares of Linde during the first quarter valued at about $25,000. Abound Financial LLC bought a new position in Linde during the first quarter worth about $41,000. eCIO Inc. bought a new position in Linde during the first quarter worth about $45,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Linde by 445.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 89 shares during the period. Finally, Nova Wealth Management Inc. bought a new position in Linde during the first quarter worth about $52,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ LIN opened at $450.89 on Monday. The firm has a market cap of $211.43 billion, a price-to-earnings ratio of 32.07, a PEG ratio of 2.98 and a beta of 0.93. The company has a 50 day moving average of $472.69 and a 200-day moving average of $464.05. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. Linde PLC has a 1-year low of $408.65 and a 1-year high of $487.27.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping the consensus estimate of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The company had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.35 billion. During the same quarter last year, the business posted $3.85 earnings per share. The company’s revenue was up 2.3% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. On average, equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued a $1.50 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is currently 42.67%.

Wall Street Analyst Weigh In

LIN has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price target on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research note on Wednesday, October 8th. UBS Group cut their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Finally, Citigroup raised their price target on shares of Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Linde has an average rating of “Buy” and an average price target of $520.00.

Insider Buying and Selling at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the sale, the director owned 480,543 shares of the company’s stock, valued at $227,479,445.34. This trade represents a 9.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.70% of the stock is currently owned by corporate insiders.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.