Faithward Advisors LLC Grows Position in Linde PLC $LIN

Faithward Advisors LLC lifted its position in shares of Linde PLC (NASDAQ:LIN) by 115.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,031 shares of the basic materials company’s stock after purchasing an additional 2,159 shares during the quarter. Faithward Advisors LLC’s holdings in Linde were worth $2,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of Linde during the 2nd quarter valued at $25,000. Triumph Capital Management increased its stake in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in Linde during the 3rd quarter valued at about $29,000. Saranac Partners Ltd purchased a new position in Linde during the 3rd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC boosted its stake in Linde by 134.5% during the fourth 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. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Performance

Shares of LIN opened at $512.90 on Wednesday. The business’s fifty day simple moving average is $506.92 and its two-hundred day simple moving average is $477.24. 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 PLC has a 12 month low of $387.78 and a 12 month high of $525.87. The company has a market cap of $237.14 billion, a price-to-earnings ratio of 34.06, a P/E/G ratio of 3.24 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its 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 return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the company earned $3.95 EPS. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Analysts Set New Price Targets

LIN has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada raised their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Linde currently has a consensus rating of “Buy” and an average price target of $541.91.

About Linde

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.