Arax Advisory Partners Has $1.48 Million Stock Holdings in Linde PLC $LIN

Arax Advisory Partners reduced its stake in Linde PLC (NASDAQ:LIN) by 44.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,464 shares of the basic materials company’s stock after selling 2,733 shares during the quarter. Arax Advisory Partners’ holdings in Linde were worth $1,477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd bought a new stake in shares of Linde during the third quarter valued at approximately $29,000. Triumph Capital Management increased its holdings in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in shares of Linde during the third quarter valued at approximately $32,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on LIN. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. UBS Group reaffirmed a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $541.91.

Linde Price Performance

LIN opened at $521.48 on Tuesday. The stock’s 50 day simple moving average is $505.24 and its 200 day simple moving average is $472.76. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.87. The firm has a market cap of $241.11 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 3.29 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the company earned $3.95 EPS. Linde’s revenue for the quarter 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. As a group, analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

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