Signature Estate & Investment Advisors LLC Increases Stock Holdings in Linde PLC $LIN

Signature Estate & Investment Advisors LLC grew its position in Linde PLC (NASDAQ:LIN) by 8.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 620 shares of the basic materials company’s stock after acquiring an additional 48 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Linde were worth $291,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LIN. Curbstone Financial Management Corp boosted its position in shares of Linde by 15.5% during the 2nd quarter. Curbstone Financial Management Corp now owns 1,194 shares of the basic materials company’s stock worth $560,000 after purchasing an additional 160 shares in the last quarter. Nicholson Wealth Management Group LLC increased its position in Linde by 1.9% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 4,045 shares of the basic materials company’s stock worth $1,898,000 after purchasing an additional 77 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Linde by 8.5% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,157 shares of the basic materials company’s stock worth $3,358,000 after buying an additional 559 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in Linde by 2.6% in the 2nd quarter. Angeles Wealth Management LLC now owns 2,713 shares of the basic materials company’s stock worth $1,273,000 after buying an additional 68 shares during the last quarter. Finally, First National Bank of Mount Dora Trust Investment Services boosted its stake in Linde by 0.5% in the 2nd quarter. First National Bank of Mount Dora Trust Investment Services now owns 15,428 shares of the basic materials company’s stock worth $7,239,000 after buying an additional 78 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Trading Up 0.1%

NASDAQ:LIN opened at $451.56 on Tuesday. Linde PLC has a 1 year low of $408.65 and a 1 year high of $486.38. The stock has a market cap of $211.74 billion, a price-to-earnings ratio of 32.12, a PEG ratio of 2.98 and a beta of 0.93. The business has a fifty day moving average of $472.31 and a 200-day moving average of $464.14. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.06. The business had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.The company’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.85 earnings per share. 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 earnings per share for the current year.

Linde Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Linde

In other news, Director Stephen F. Angel sold 50,309 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the sale, the director owned 480,543 shares in the company, valued at $227,479,445.34. This represents a 9.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.70% of the stock is currently owned by company insiders.

About Linde

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.