Lifeworks Advisors LLC Grows Position in Linde PLC $LIN

Lifeworks Advisors LLC boosted its position in shares of Linde PLC (NASDAQ:LIN) by 10.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,401 shares of the basic materials company’s stock after purchasing an additional 1,154 shares during the period. Lifeworks Advisors LLC’s holdings in Linde were worth $6,148,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Linde in the second quarter worth about $25,000. Triumph Capital Management grew its stake in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde in the third quarter worth approximately $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter worth approximately $29,000. Finally, Strengthening Families & Communities LLC raised its holdings in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LIN. Citigroup initiated coverage on Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Evercore reiterated an “outperform” rating and issued a $525.00 target price on shares of Linde in a research note on Friday. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Finally, Royal Bank Of Canada upped their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $541.75.

Linde Price Performance

LIN opened at $529.79 on Monday. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The business’s fifty day simple moving average is $513.87 and its 200-day simple moving average is $488.19. The company has a market capitalization of $244.95 billion, a price-to-earnings ratio of 35.18, a PEG ratio of 3.33 and a beta of 0.72.

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

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

About Linde

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.