Focused Wealth Management Inc Purchases Shares of 1,240 Linde PLC $LIN

Focused Wealth Management Inc acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,240 shares of the basic materials company’s stock, valued at approximately $615,000.

A number of other institutional investors also recently made changes to their positions in LIN. Darwin Wealth Management LLC bought a new position in shares of Linde during the second quarter worth approximately $25,000. Triumph Capital Management lifted its holdings in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd bought a new stake in Linde in the 3rd quarter valued at $29,000. Finally, Strengthening Families & Communities LLC grew its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.7%

LIN opened at $512.90 on Wednesday. The stock has a market capitalization 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. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.87. The company has a 50-day simple moving average of $506.92 and a 200 day simple moving average of $477.24.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the company earned $3.95 EPS. The business’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. Analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

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 $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. boosted 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. Citigroup raised their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. 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. According to data from MarketBeat, Linde presently has an average rating of “Buy” and an average price target of $541.91.

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.