1,274 Shares in Linde PLC $LIN Purchased by Beaumont Asset Management L.L.C.

Beaumont Asset Management L.L.C. bought a new stake in shares of Linde PLC (NASDAQ:LIN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,274 shares of the basic materials company’s stock, valued at approximately $632,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LIN. Meadowbrook Advisors Group LLC raised its stake in shares of Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares in the last quarter. Blalock Williams LLC raised its stake in shares of Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after acquiring an additional 22 shares during the period. Binnacle Investments Inc lifted its holdings in shares of Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after acquiring an additional 22 shares during the period. Finally, Baldwin Wealth Partners LLC MA boosted its position in shares of Linde by 3.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after acquiring an additional 23 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on LIN shares. Citigroup started coverage on shares of Linde in a research note on Wednesday. They issued an “overweight” rating on the stock. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Finally, Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One equities research 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 stock. According to MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $543.27.

Linde Price Performance

Shares of LIN opened at $519.89 on Friday. The stock has a 50 day simple moving average of $507.96 and a 200 day simple moving average of $479.18. Linde PLC has a 52-week low of $387.78 and a 52-week high of $527.94. 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 capitalization of $240.37 billion, a PE ratio of 34.52, a P/E/G ratio of 3.28 and a beta of 0.72.

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

Linde Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a 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%.

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.