Linde PLC $LIN Stock Holdings Lifted by Wealthspire Advisors LLC

Wealthspire Advisors LLC boosted its holdings in Linde PLC (NASDAQ:LIN) by 8.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,586 shares of the basic materials company’s stock after acquiring an additional 282 shares during the period. Wealthspire Advisors LLC’s holdings in Linde were worth $1,683,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in shares of Linde in the fourth quarter worth $2,752,000. Revolve Wealth Partners LLC lifted its holdings 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 purchasing an additional 96 shares during the period. Roundview Capital LLC grew its position in Linde by 54.0% in the 1st quarter. Roundview Capital LLC now owns 3,795 shares of the basic materials company’s stock valued at $1,767,000 after buying an additional 1,331 shares in the last quarter. Wedbush Securities Inc. increased its stake in Linde by 5.2% during the 1st quarter. Wedbush Securities Inc. now owns 3,873 shares of the basic materials company’s stock valued at $1,803,000 after buying an additional 192 shares during the period. Finally, AE Wealth Management LLC increased its stake in Linde by 30.5% during the 1st quarter. AE Wealth Management LLC now owns 11,485 shares of the basic materials company’s stock valued at $5,348,000 after buying an additional 2,686 shares during the period. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

LIN stock opened at $408.51 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. Linde PLC has a one year low of $408.21 and a one year high of $486.38. The firm has a market capitalization of $190.75 billion, a PE ratio of 29.05, a P/E/G ratio of 2.85 and a beta of 0.91. The firm has a 50-day moving average of $449.27 and a two-hundred day moving average of $461.37.

Linde (NASDAQ:LIN) last released its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.03. The business had revenue of $8.62 billion for the quarter, compared to the consensus estimate of $8.62 billion. Linde had a net margin of 20.20% and a return on equity of 19.09%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $3.94 earnings per share. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. On average, analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 3rd. Linde’s payout ratio is 40.19%.

Analyst Ratings Changes

Several research analysts have recently issued reports on LIN shares. Citigroup decreased their price objective on shares of Linde from $535.00 to $520.00 and set a “buy” rating for the company in a report on Monday, November 3rd. JPMorgan Chase & Co. decreased their target price on Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research note on Monday, November 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 target price on shares of Linde in a report on Monday, November 3rd. UBS Group dropped their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $508.83.

Linde Company 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.