Baer Investment Advisory LLC Invests $528,000 in Linde PLC $LIN

Baer Investment Advisory LLC purchased a new stake in shares of Linde PLC (NASDAQ:LIN) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,066 shares of the basic materials company’s stock, valued at approximately $528,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Canal Capital Management LLC bought a new stake in shares of Linde during the first quarter worth $251,000. PAX Financial Group LLC bought a new position in Linde in the first quarter valued at about $209,000. Turtle Creek Wealth Advisors LLC increased its position in Linde by 62.6% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 3,432 shares of the basic materials company’s stock worth $1,701,000 after purchasing an additional 1,321 shares during the period. Private Advisor Group LLC increased its position in Linde by 5.1% in the first quarter. Private Advisor Group LLC now owns 20,581 shares of the basic materials company’s stock worth $10,203,000 after purchasing an additional 991 shares during the period. Finally, DeDora Capital Inc. raised its holdings in Linde by 16.7% during the 1st quarter. DeDora Capital Inc. now owns 5,030 shares of the basic materials company’s stock worth $2,494,000 after purchasing an additional 721 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

LIN has been the topic of a number of research reports. JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Seaport Research Partners increased their price objective on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada increased their price objective on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Citigroup began coverage on shares of Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $543.27.

Linde Stock Performance

LIN opened at $546.64 on Friday. The firm’s fifty day moving average is $511.51 and its two-hundred day moving average is $483.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The firm has a market cap of $252.74 billion, a PE ratio of 36.30, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $547.22.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share 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 analysts’ expectations of $8.60 billion. During the same period last year, the firm posted $3.95 earnings per share. The business’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. Equities research analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $1.60 per share. The ex-dividend date was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s payout ratio is currently 42.50%.

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.