Focus Partners Advisor Solutions LLC Has $1.54 Million Stock Position in Linde PLC $LIN

Focus Partners Advisor Solutions LLC boosted its stake in Linde PLC (NASDAQ:LIN) by 30.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,282 shares of the basic materials company’s stock after acquiring an additional 763 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Linde were worth $1,539,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC raised its position in Linde by 1.3% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 249,742 shares of the basic materials company’s stock worth $117,174,000 after acquiring an additional 3,230 shares during the period. Truist Financial Corp raised its position in Linde by 75.0% in the first quarter. Truist Financial Corp now owns 193,563 shares of the basic materials company’s stock worth $90,131,000 after acquiring an additional 82,952 shares during the period. Freedom Day Solutions LLC raised its position in Linde by 9.6% in the first quarter. Freedom Day Solutions LLC now owns 6,102 shares of the basic materials company’s stock worth $2,841,000 after acquiring an additional 535 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its position in Linde by 25.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 23,558 shares of the basic materials company’s stock worth $10,970,000 after acquiring an additional 4,839 shares during the period. Finally, Exane Asset Management bought a new stake in shares of Linde in the first quarter valued at approximately $295,000. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of NASDAQ:LIN opened at $446.00 on Monday. The company has a 50 day moving average of $470.10 and a 200 day moving average of $464.83. The stock has a market cap of $209.13 billion, a P/E ratio of 31.72, a P/E/G ratio of 2.94 and a beta of 0.93. Linde PLC has a 12 month low of $408.65 and a 12 month high of $486.38. 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 (NASDAQ:LIN) last issued its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, beating the consensus estimate of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The company had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same quarter in the previous year, the company earned $3.85 earnings per share. 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. As a group, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 4th. Linde’s payout ratio is currently 42.67%.

Insider Buying and Selling

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the transaction, the director owned 480,543 shares of the company’s stock, valued at $227,479,445.34. The trade was a 9.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LIN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Linde in a research report on Saturday. Citigroup boosted their price target on shares of Linde from $530.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, October 6th. UBS Group lowered 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, JPMorgan Chase & Co. boosted their price target on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Linde currently has an average rating of “Buy” and an average price target of $520.00.

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.