Chicago Partners Investment Group LLC Has $2.59 Million Position in Linde PLC $LIN

Chicago Partners Investment Group LLC lifted its position in shares of Linde PLC (NASDAQ:LIN) by 22.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,236 shares of the basic materials company’s stock after acquiring an additional 964 shares during the period. Chicago Partners Investment Group LLC’s holdings in Linde were worth $2,590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new position in Linde during the second quarter valued at approximately $25,000. Triumph Capital Management lifted its stake 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. KERR FINANCIAL PLANNING Corp bought a new stake in Linde during the third quarter worth $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde in the 3rd quarter valued at $29,000. Finally, Strengthening Families & Communities LLC boosted its holdings in shares of Linde by 134.5% in the 4th 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 and hedge funds own 82.80% of the company’s stock.

Linde Stock Down 1.1%

Shares of NASDAQ LIN opened at $524.06 on Tuesday. The company has a 50 day simple moving average of $514.32 and a 200 day simple moving average of $488.88. The firm has a market cap of $242.30 billion, a PE ratio of 34.80, a price-to-earnings-growth ratio of 3.33 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. 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 posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period last year, the company earned $3.95 EPS. The firm’s 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. On average, research analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and issued a $525.00 price objective on shares of Linde in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Linde has an average rating of “Buy” and an average price target of $541.75.

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.