9,826 Shares of Linde PLC $LIN Purchased by Signaturefd LLC

Signaturefd LLC acquired a new stake in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,826 shares of the basic materials company’s stock, valued at approximately $4,664,000.

Other institutional investors have also made changes to their positions in the company. Principia Wealth Advisory LLC lifted its holdings in Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 23 shares during the last quarter. Legacy Wealth Managment LLC ID grew its holdings in Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings in Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the last quarter. Marquette Asset Management LLC bought a new position in shares of Linde in the third quarter valued at approximately $29,000. Finally, Polaris Financial Partners bought a new position in shares of Linde in the third quarter valued at approximately $31,000. 82.80% of the stock is owned by institutional investors.

Linde Stock Down 0.3%

LIN stock opened at $508.83 on Friday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The company has a market cap of $234.56 billion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 2.97 and a beta of 0.71. The business’s 50-day simple moving average is $480.55 and its 200 day simple moving average is $498.37.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $1.60 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s payout ratio is presently 41.34%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LIN shares. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research note on Thursday, October 8th. Jefferies Financial Group lifted their target price on shares of Linde from $535.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Barclays assumed coverage on shares of Linde in a research report on Monday, October 12th. They set an “overweight” rating and a $577.00 target price for the company. Finally, UBS Group decreased their price target on shares of Linde from $612.00 to $574.00 and set a “buy” rating for the company in a report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $547.10.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.