Kathmere Capital Management LLC Purchases 3,510 Shares of Linde PLC $LIN

Kathmere Capital Management LLC raised its position in shares of Linde PLC (NASDAQ:LIN) by 249.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,915 shares of the basic materials company’s stock after buying an additional 3,510 shares during the quarter. Kathmere Capital Management LLC’s holdings in Linde were worth $2,437,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of LIN. Darwin Wealth Management LLC purchased a new position in Linde during the 2nd quarter valued at about $25,000. Triumph Capital Management grew its holdings in Linde by 69.2% in 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 period. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the third quarter worth about $29,000. Saranac Partners Ltd bought a new position in shares of Linde during the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC increased its stake in shares of Linde by 134.5% during the fourth 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 own 82.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price target on shares of Linde in a research report on Monday, May 4th. UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Seaport Research Partners increased their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $543.27.

Linde Price Performance

Shares of Linde stock opened at $546.64 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock has a market capitalization of $252.74 billion, a PE ratio of 36.30, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $547.22. The company has a 50-day simple moving average of $511.51 and a two-hundred day simple moving average of $484.30.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.95 earnings per share. 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, analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio 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.