Sound Income Strategies LLC Has $51,000 Position in Linde PLC $LIN

Sound Income Strategies LLC lessened its position in Linde PLC (NASDAQ:LIN) by 90.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102 shares of the basic materials company’s stock after selling 972 shares during the quarter. Sound Income Strategies LLC’s holdings in Linde were worth $51,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the third quarter worth $29,000. Saranac Partners Ltd acquired a new position in Linde during the third quarter worth $29,000. Triumph Capital Management boosted its holdings in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares during the last quarter. Finally, Strengthening Families & Communities LLC grew its position in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

LIN stock traded up $0.42 during trading hours on Tuesday, reaching $540.94. The stock had a trading volume of 341,374 shares, compared to its average volume of 2,460,591. The stock has a 50-day simple moving average of $511.51 and a 200 day simple moving average of $484.30. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock has a market capitalization of $250.10 billion, a PE ratio of 35.89, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the firm earned $3.95 EPS. Linde’s quarterly revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio is currently 42.50%.

Analysts Set New Price Targets

LIN has been the topic of several recent research reports. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Citigroup started coverage on Linde in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. upped their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, UBS Group restated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde has an average rating of “Buy” and an average price target of $543.27.

Linde Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher?value specialty and electronic gases.