Linde PLC $LIN Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. trimmed its position in shares of Linde PLC (NASDAQ:LIN) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,720 shares of the basic materials company’s stock after selling 9,606 shares during the period. Linde makes up 2.7% of Compass Capital Management Inc.’s portfolio, making the stock its 25th biggest position. Compass Capital Management Inc.’s holdings in Linde were worth $49,342,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in Linde during the 2nd quarter worth $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Linde during the 3rd quarter worth $29,000. Saranac Partners Ltd acquired a new position in Linde during the 3rd quarter worth $29,000. Strengthening Families & Communities LLC grew its holdings in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares in the last quarter. Finally, High Note Wealth LLC grew its holdings in Linde by 108.6% during the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 38 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LIN. Royal Bank Of Canada raised their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price target on shares of Linde in a report 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 report on Monday, May 4th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Linde currently has a consensus rating of “Buy” and an average target price of $541.91.

Linde Stock Up 1.2%

LIN stock opened at $515.44 on Friday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $522.89. The company has a market capitalization of $238.31 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 3.20 and a beta of 0.72. The firm’s 50-day moving average is $504.26 and its two-hundred day moving average is $471.14. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last released its quarterly earnings results 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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the previous year, the firm earned $3.95 EPS. Linde’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

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.