Private Advisor Group LLC Purchases 991 Shares of Linde PLC $LIN

Private Advisor Group LLC raised its holdings in shares of Linde PLC (NASDAQ:LIN) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,581 shares of the basic materials company’s stock after buying an additional 991 shares during the period. Private Advisor Group LLC’s holdings in Linde were worth $10,203,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of Linde during the 2nd quarter worth approximately $25,000. Triumph Capital Management grew its position in Linde by 69.2% in the 4th 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 during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd purchased a new stake in Linde in the third quarter worth $29,000. Finally, Strengthening Families & Communities LLC increased its stake in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $546.64 on Monday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $511.51 and a two-hundred day simple moving average of $484.30. 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 posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.95 EPS. 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 expect that Linde PLC will post 17.86 earnings per share 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 given a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LIN. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. UBS Group reiterated a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $543.27.

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.