LPL Financial LLC Purchases 17,520 Shares of Linde PLC $LIN

LPL Financial LLC increased its position in shares of Linde PLC (NASDAQ:LIN) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 354,281 shares of the basic materials company’s stock after acquiring an additional 17,520 shares during the quarter. LPL Financial LLC’s holdings in Linde were worth $151,062,000 as of its most recent SEC filing.

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

Linde Stock Performance

Shares of LIN stock opened at $509.16 on Thursday. The company’s fifty day simple moving average is $503.87 and its 200-day simple moving average is $470.42. 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 firm has a market cap of $235.41 billion, a PE ratio of 33.81, a P/E/G ratio of 3.24 and a beta of 0.72. Linde PLC has a 12 month low of $387.78 and a 12 month high of $522.89.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.95 earnings per share. 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 expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Wall Street Analyst Weigh In

LIN has been the topic of a number of research reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Royal Bank Of Canada lifted their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Citigroup lifted their price target on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde has a consensus rating of “Buy” and an average target price of $541.91.

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.