Focus Partners Advisor Solutions LLC Increases Stake in Linde PLC $LIN

Focus Partners Advisor Solutions LLC increased its holdings in Linde PLC (NASDAQ:LIN) by 30.3% in the second quarter, Holdings Channel.com reports. The firm owned 3,282 shares of the basic materials company’s stock after acquiring an additional 763 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Linde were worth $1,539,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its stake in shares of Linde by 5.0% in 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 purchasing an additional 453,108 shares in the last quarter. Wellington Management Group LLP raised its holdings in Linde by 18.6% during the 1st quarter. Wellington Management Group LLP now owns 7,542,991 shares of the basic materials company’s stock valued at $3,511,751,000 after buying an additional 1,182,157 shares during the last quarter. Nuveen LLC bought a new stake in Linde during the 1st quarter valued at $2,097,793,000. Invesco Ltd. raised its holdings in Linde by 1.1% during the 1st quarter. Invesco Ltd. now owns 3,859,539 shares of the basic materials company’s stock valued at $1,797,156,000 after buying an additional 40,931 shares during the last quarter. Finally, WCM Investment Management LLC raised its holdings in Linde by 1.9% during the 2nd quarter. WCM Investment Management LLC now owns 3,401,590 shares of the basic materials company’s stock valued at $1,577,624,000 after buying an additional 61,829 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.9%

NASDAQ:LIN opened at $446.00 on Monday. The company has a 50-day moving average price of $470.10 and a 200-day moving average price of $464.83. Linde PLC has a 12 month low of $408.65 and a 12 month high of $486.38. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. The stock has a market cap of $209.13 billion, a price-to-earnings ratio of 31.72, a P/E/G ratio of 2.94 and a beta of 0.93.

Linde (NASDAQ:LIN) last posted its earnings results 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. Linde had a net margin of 20.20% and a return on equity of 19.09%. The firm had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same period last year, the company posted $3.85 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Equities analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 4th. Linde’s dividend payout ratio (DPR) is currently 42.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LIN shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a report on Saturday. UBS Group lowered their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Citigroup upped their price target on shares of Linde from $530.00 to $535.00 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Linde currently has a consensus rating of “Buy” and a consensus price target of $520.00.

Insider Activity at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction dated 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 completion of the transaction, the director directly owned 480,543 shares in the company, valued at $227,479,445.34. This trade represents a 9.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

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.