Venturi Wealth Management LLC Decreases Stock Position in Linde PLC $LIN

Venturi Wealth Management LLC trimmed its stake in shares of Linde PLC (NASDAQ:LIN) by 34.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,206 shares of the basic materials company’s stock after selling 1,169 shares during the quarter. Venturi Wealth Management LLC’s holdings in Linde were worth $1,093,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in Linde in the 4th quarter valued at about $3,246,750,000. SG Americas Securities LLC grew its position in shares of Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after buying an additional 2,401,894 shares in the last quarter. Auto Owners Insurance Co increased its stake in shares of Linde by 42,539.0% during the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock worth $56,361,000 after buying an additional 1,318,709 shares during the period. Capital International Investors increased its stake in shares of Linde by 20.1% during the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after buying an additional 1,275,477 shares during the period. Finally, Deutsche Bank AG raised its holdings in Linde by 40.2% in the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock valued at $1,680,710,000 after acquiring an additional 1,130,001 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Price Performance

LIN stock opened at $519.89 on Friday. The business has a 50 day moving average price of $507.96 and a 200 day moving average price of $479.18. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The stock has a market cap of $240.37 billion, a price-to-earnings ratio of 34.52, a PEG ratio of 3.26 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $527.94.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period in the prior year, the firm posted $3.95 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Analyst Ratings Changes

LIN has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Citigroup initiated coverage on shares of Linde in a research report on Wednesday. They issued an “overweight” rating on the stock. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. Finally, Seaport Research Partners boosted their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde has an average rating of “Buy” and a consensus target price of $543.27.

Linde Profile

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.