Sound Income Strategies LLC Has $51,000 Holdings in Linde PLC $LIN

Sound Income Strategies LLC decreased its position in shares of Linde PLC (NASDAQ:LIN) by 90.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102 shares of the basic materials company’s stock after selling 972 shares during the period. Sound Income Strategies LLC’s holdings in Linde were worth $51,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of LIN. Brighton Jones LLC bought a new stake in Linde in the 4th quarter valued at $2,752,000. Revolve Wealth Partners LLC grew its stake in shares of Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares during the period. Sivia Capital Partners LLC grew its position in Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after acquiring an additional 259 shares during the period. Schnieders Capital Management LLC. grew its holdings in shares of Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC grew its stake in Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after buying an additional 175 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LIN. Seaport Research Partners raised their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. UBS Group reaffirmed a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Citigroup initiated coverage on Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. Finally, BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $543.27.

Linde Trading Up 0.1%

Shares of LIN stock traded up $0.42 on Tuesday, hitting $540.94. The stock had a trading volume of 341,374 shares, compared to its average volume of 2,460,591. The firm has a market cap of $250.10 billion, a P/E ratio of 35.89, a PEG ratio of 3.43 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The company has a fifty day moving average price of $511.51 and a two-hundred day moving average price of $484.30.

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

Linde Announces Dividend

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

Linde Company 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.