Brighton Jones LLC Increases Stock Holdings in Linde PLC $LIN

Brighton Jones LLC increased its holdings in Linde PLC (NASDAQ:LIN) by 5.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,764 shares of the basic materials company’s stock after acquiring an additional 266 shares during the quarter. Brighton Jones LLC’s holdings in Linde were worth $2,235,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. North Capital Inc. bought a new position in Linde in the first quarter worth $25,000. Abound Financial LLC bought a new position in Linde in the first quarter worth $41,000. eCIO Inc. bought a new position in Linde in the first quarter worth $45,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Linde by 445.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock valued at $51,000 after acquiring an additional 89 shares in the last quarter. Finally, Nova Wealth Management Inc. bought a new position in shares of Linde during the first quarter valued at $52,000. Institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 480,543 shares of the company’s stock, valued at approximately $227,479,445.34. This trade represents a 9.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.70% of the company’s stock.

Linde Price Performance

NASDAQ LIN opened at $446.00 on Monday. Linde PLC has a one year low of $408.65 and a one year high of $486.38. The stock has a 50-day moving average of $470.10 and a 200 day moving average of $464.83. The company has a market capitalization of $209.13 billion, a price-to-earnings ratio of 31.72, a PEG ratio of 2.94 and a beta of 0.93. 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 released its quarterly earnings data 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 return on equity of 19.09% and a net margin of 20.20%.The company had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. During the same period last year, the company earned $3.85 EPS. Linde’s revenue for the quarter was up 2.3% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. On average, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current year.

Linde Dividend Announcement

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

Analysts Set New Price Targets

LIN has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Citigroup raised their price target on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings restated a “buy (b)” rating on shares of Linde in a report on Saturday. Finally, UBS Group reduced their price target on Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $520.00.

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.