Linde PLC $LIN Stock Holdings Decreased by Compass Capital Management Inc.

Compass Capital Management Inc. reduced its position in Linde PLC (NASDAQ:LIN) by 7.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,720 shares of the basic materials company’s stock after selling 9,606 shares during the period. Linde comprises approximately 2.7% of Compass Capital Management Inc.’s holdings, making the stock its 25th largest position. Compass Capital Management Inc.’s holdings in Linde were worth $49,342,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LIN. Brighton Jones LLC purchased a new position in Linde during the fourth quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC grew its position in Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the period. Finally, Gabelli Funds LLC boosted its holdings in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after buying an additional 175 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Up 1.2%

Shares of NASDAQ LIN opened at $515.44 on Friday. The firm has a market capitalization of $238.31 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 3.20 and a beta of 0.72. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 1 year low of $387.78 and a 1 year high of $522.89. The firm’s 50-day moving average is $504.26 and its 200-day moving average is $471.14.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on LIN shares. Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada raised their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. UBS Group restated a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Citigroup increased their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $541.91.

Linde Company 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.