Compound Planning Inc. Has $2.12 Million Stake in Linde PLC $LIN

Compound Planning Inc. raised its stake in shares of Linde PLC (NASDAQ:LIN) by 48.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,546 shares of the basic materials company’s stock after buying an additional 1,477 shares during the period. Compound Planning Inc.’s holdings in Linde were worth $2,117,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Linde by 5.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,600,297 shares of the basic materials company’s stock valued at $4,470,284,000 after acquiring an additional 453,108 shares during the last quarter. Wellington Management Group LLP boosted its position in Linde by 18.6% during the first quarter. Wellington Management Group LLP now owns 7,542,991 shares of the basic materials company’s stock worth $3,511,751,000 after purchasing an additional 1,182,157 shares during the period. Freemont Capital Pte Ltd acquired a new position in Linde during the fourth quarter valued at approximately $2,128,233,000. Northern Trust Corp raised its position in shares of Linde by 11.3% in the fourth quarter. Northern Trust Corp now owns 4,925,322 shares of the basic materials company’s stock valued at $2,062,085,000 after purchasing an additional 500,489 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Linde in the first quarter worth $2,097,793,000. Institutional investors own 82.80% of the company’s stock.

Linde Stock Up 0.2%

LIN stock opened at $481.67 on Friday. Linde PLC has a twelve month low of $408.65 and a twelve month high of $487.49. The company has a market cap of $225.86 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 3.17 and a beta of 0.92. The business’s 50-day simple moving average is $469.29 and its 200 day simple moving average is $461.12. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, beating the consensus estimate of $4.03 by $0.06. Linde had a return on equity of 19.09% and a net margin of 20.20%.The firm had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same quarter in the prior year, the firm posted $3.85 EPS. The company’s revenue for the quarter 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, research analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be paid a dividend of $1.50 per share. The ex-dividend date is Thursday, September 4th. This represents a $6.00 dividend on an annualized basis and a yield of 1.2%. Linde’s payout ratio is currently 42.67%.

Insiders Place Their Bets

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the business’s stock in a transaction 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 sale, the director owned 480,543 shares of the company’s stock, valued at $227,479,445.34. The trade was a 9.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

LIN has been the topic of a number of research analyst reports. Citigroup upgraded shares of Linde from a “neutral” rating to a “buy” rating and raised their target price for the company from $500.00 to $535.00 in a research note on Monday, June 30th. UBS Group raised their price target on Linde from $485.00 to $504.00 and gave the company a “neutral” rating in a research report on Wednesday, July 9th. Royal Bank Of Canada started coverage on Linde in a research note on Friday, June 13th. They issued an “outperform” rating and a $576.00 price objective on the stock. Finally, JPMorgan Chase & Co. increased their target price on Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $519.63.

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.