CW Advisors LLC Has $20.73 Million Holdings in Linde PLC $LIN

CW Advisors LLC lifted its position in Linde PLC (NASDAQ:LIN) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,181 shares of the basic materials company’s stock after acquiring an additional 1,513 shares during the quarter. CW Advisors LLC’s holdings in Linde were worth $20,727,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Breakwater Capital Group boosted its position in shares of Linde by 2.3% in the second quarter. Breakwater Capital Group now owns 980 shares of the basic materials company’s stock worth $460,000 after buying an additional 22 shares during the period. Canopy Partners LLC lifted its stake in Linde by 2.9% in the 2nd quarter. Canopy Partners LLC now owns 788 shares of the basic materials company’s stock worth $370,000 after acquiring an additional 22 shares in the last quarter. Mitchell Sinkler & Starr PA boosted its position in Linde by 1.9% during the 2nd quarter. Mitchell Sinkler & Starr PA now owns 1,192 shares of the basic materials company’s stock worth $559,000 after acquiring an additional 22 shares during the period. Clarendon Private LLC grew its stake in Linde by 1.0% during the 2nd quarter. Clarendon Private LLC now owns 2,273 shares of the basic materials company’s stock valued at $1,066,000 after acquiring an additional 22 shares in the last quarter. Finally, Sound Financial Strategies Group LLC increased its holdings in shares of Linde by 1.4% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after purchasing an additional 22 shares during the period. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LIN. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a research report on Monday, November 3rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Linde in a research note on Monday. CICC Research initiated coverage on shares of Linde in a research note on Wednesday. They issued an “outperform” rating and a $510.00 price target on the stock. Royal Bank Of Canada cut their price objective on Linde from $576.00 to $540.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Finally, Citigroup lowered their target price on Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $509.00.

Linde Stock Up 0.1%

Linde stock opened at $409.15 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.46. Linde PLC has a 1-year low of $404.27 and a 1-year high of $486.38. The firm’s fifty day simple moving average is $436.92 and its 200-day simple moving average is $458.73. The company has a market capitalization of $191.05 billion, a P/E ratio of 27.40, a P/E/G ratio of 3.12 and a beta of 0.85.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, October 31st. The basic materials company reported $4.21 EPS 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 firm had revenue of $8.62 billion for the quarter, compared to the consensus estimate of $8.62 billion. During the same period in the prior year, the business posted $3.94 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. Sell-side analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.5%. The ex-dividend date is Wednesday, December 3rd. Linde’s payout ratio is 40.19%.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.