Signal Advisors Wealth LLC Has $3.30 Million Stock Position in Linde PLC $LIN

Signal Advisors Wealth LLC grew its stake in shares of Linde PLC (NASDAQ:LIN) by 48.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,952 shares of the basic materials company’s stock after acquiring an additional 2,273 shares during the period. Signal Advisors Wealth LLC’s holdings in Linde were worth $3,302,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the 2nd quarter valued at $25,000. eCIO Inc. bought a new position in Linde in the first quarter valued at about $45,000. Howard Hughes Medical Institute bought a new position in Linde in the second quarter valued at about $48,000. Nova Wealth Management Inc. acquired a new stake in shares of Linde during the first quarter valued at about $52,000. Finally, Activest Wealth Management grew its holdings in shares of Linde by 5,800.0% during the first quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 116 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Up 0.6%

Linde stock opened at $421.43 on Friday. The firm has a market cap of $196.79 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 3.21 and a beta of 0.85. Linde PLC has a 52-week low of $387.78 and a 52-week high of $486.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The firm has a 50 day moving average price of $422.46 and a two-hundred day moving average price of $454.31.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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. Linde had a net margin of 21.17% and a return on equity of 19.38%. The company had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.62 billion. During the same period in the prior year, the company posted $3.94 earnings per share. Linde’s revenue for the quarter was up 2.9% compared to the same quarter last year. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. Equities analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were given a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.4%. Linde’s dividend payout ratio (DPR) is 40.19%.

Analysts Set New Price Targets

LIN has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating on shares of Linde in a research note on Friday, December 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Linde in a research report on Monday. Seaport Res Ptn raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Citigroup cut their price target on shares of Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Finally, CICC Research initiated coverage on shares of Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to data from MarketBeat.com, Linde currently has an average rating of “Buy” and an average price target of $501.00.

About Linde

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.