Family Capital Trust Co Buys New Holdings in Linde PLC $LIN

Family Capital Trust Co purchased a new stake in shares of Linde PLC (NASDAQ:LIN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,884 shares of the basic materials company’s stock, valued at approximately $4,695,000. Linde accounts for 1.6% of Family Capital Trust Co’s portfolio, making the stock its 20th largest holding.

A number of other large investors also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in Linde during the 2nd quarter worth approximately $25,000. YANKCOM Partnership lifted its position in Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after buying an additional 41 shares in the last quarter. Albion Financial Group UT grew its stake in Linde by 87.8% during the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after buying an additional 36 shares during the period. eCIO Inc. acquired a new stake in shares of Linde in the first quarter worth $45,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Linde in the 2nd quarter valued at $48,000. 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 weighed in on LIN. CICC Research began coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. Seaport Res Ptn raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. dropped their target price on Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Mizuho set a $495.00 price target on Linde in a research report on Thursday, December 11th. Finally, BMO Capital Markets set a $501.00 price objective on shares of Linde in a research report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Linde currently has a consensus rating of “Buy” and an average price target of $501.00.

Linde Stock Up 1.3%

Shares of NASDAQ LIN opened at $439.69 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. Linde PLC has a 1 year low of $387.78 and a 1 year high of $486.38. The stock’s 50-day simple moving average is $417.19 and its 200-day simple moving average is $450.52. The firm has a market cap of $205.31 billion, a price-to-earnings ratio of 29.45, a PEG ratio of 3.06 and a beta of 0.85.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.03. Linde had a return on equity of 19.38% and a net margin of 21.17%.The firm had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.62 billion. During the same quarter last year, the firm earned $3.94 EPS. Linde’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. As a group, equities analysts anticipate that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were issued a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $6.00 annualized dividend and a yield of 1.4%. Linde’s dividend payout ratio is currently 40.19%.

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.