Personal CFO Solutions LLC Acquires 238 Shares of Linde PLC $LIN

Personal CFO Solutions LLC lifted its holdings in Linde PLC (NASDAQ:LIN) by 7.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,401 shares of the basic materials company’s stock after purchasing an additional 238 shares during the period. Personal CFO Solutions LLC’s holdings in Linde were worth $1,596,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. eCIO Inc. bought a new position in Linde during the first quarter valued at about $45,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Linde by 445.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after acquiring an additional 89 shares in the last quarter. Nova Wealth Management Inc. acquired a new position in shares of Linde during the 1st quarter valued at about $52,000. Costello Asset Management INC acquired a new position in shares of Linde during the 1st quarter valued at about $54,000. Finally, Activest Wealth Management raised its stake in shares of Linde by 5,800.0% in the 1st quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock valued at $55,000 after acquiring an additional 116 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on LIN shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a research report on Wednesday, October 8th. Royal Bank Of Canada reduced their price objective on shares of Linde from $576.00 to $540.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $516.00 target price on shares of Linde in a research note on Monday, November 3rd. UBS Group dropped their target price on shares of Linde from $510.00 to $507.00 and set a “neutral” rating on the stock in a report on Monday, October 6th. Finally, JPMorgan Chase & Co. cut their target price on shares of Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Linde currently has an average rating of “Buy” and an average price target of $508.83.

Linde Stock Down 1.1%

LIN opened at $408.51 on Friday. The business has a 50 day moving average of $449.27 and a 200-day moving average of $461.37. The stock has a market capitalization of $190.75 billion, a price-to-earnings ratio of 29.05, a P/E/G ratio of 2.85 and a beta of 0.91. 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 $408.21 and a 1-year high of $486.38.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.03. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. Linde had a net margin of 20.20% and a return on equity of 19.09%. Linde’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.94 earnings per share. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. As a group, sell-side analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, December 3rd. Linde’s dividend payout ratio (DPR) is presently 40.19%.

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.