DecisionMap Wealth Management LLC Has $281,000 Stake in Linde PLC $LIN

DecisionMap Wealth Management LLC raised its holdings in Linde PLC (NASDAQ:LIN) by 17.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 598 shares of the basic materials company’s stock after purchasing an additional 89 shares during the quarter. DecisionMap Wealth Management LLC’s holdings in Linde were worth $281,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LIN. Nuveen LLC bought a new position in shares of Linde in the first quarter valued at about $2,097,793,000. Deutsche Bank AG increased its position in Linde by 172.4% in the 1st quarter. Deutsche Bank AG now owns 2,407,637 shares of the basic materials company’s stock valued at $1,121,092,000 after acquiring an additional 1,523,702 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Linde by 18.6% in 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 acquiring an additional 1,182,157 shares during the last quarter. Alecta Tjanstepension Omsesidigt acquired a new position in shares of Linde during the first quarter worth approximately $233,405,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Linde by 5.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,600,297 shares of the basic materials company’s stock worth $4,470,284,000 after purchasing an additional 453,108 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN stock opened at $451.56 on Tuesday. Linde PLC has a 12-month low of $408.65 and a 12-month high of $486.38. The firm has a market capitalization of $211.74 billion, a price-to-earnings ratio of 32.12, a price-to-earnings-growth ratio of 2.98 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average of $472.31 and a 200-day moving average of $464.14.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, topping the consensus estimate of $4.03 by $0.06. The business had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.The firm’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $3.85 EPS. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. On average, equities research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 4th. Linde’s payout ratio is 42.67%.

Insider Activity

In related news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total transaction of $23,815,274.42. Following the completion of the sale, the director directly owned 480,543 shares of the company’s stock, valued at approximately $227,479,445.34. This represents a 9.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Linde in a report on Wednesday, October 8th. Citigroup increased their price objective on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, October 6th. UBS Group dropped their target price on Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. upped their price target on Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $520.00.

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.