CHICAGO TRUST Co NA Has $528,000 Stock Holdings in Linde plc (NASDAQ:LIN)

CHICAGO TRUST Co NA boosted its holdings in shares of Linde plc (NASDAQ:LIN) by 2.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,134 shares of the basic materials company’s stock after acquiring an additional 28 shares during the period. CHICAGO TRUST Co NA’s holdings in Linde were worth $528,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Wrapmanager Inc. grew its holdings in Linde by 1.3% during the 4th quarter. Wrapmanager Inc. now owns 1,693 shares of the basic materials company’s stock worth $709,000 after acquiring an additional 22 shares during the period. Knuff & Co LLC boosted its position in shares of Linde by 8.8% during the fourth quarter. Knuff & Co LLC now owns 272 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 22 shares in the last quarter. New Age Alpha Advisors LLC grew its holdings in shares of Linde by 34.9% in the 4th quarter. New Age Alpha Advisors LLC now owns 85 shares of the basic materials company’s stock valued at $36,000 after buying an additional 22 shares during the period. Austin Wealth Management LLC grew its holdings in shares of Linde by 5.3% in the 4th quarter. Austin Wealth Management LLC now owns 479 shares of the basic materials company’s stock valued at $209,000 after buying an additional 24 shares during the period. Finally, Personal CFO Solutions LLC grew its holdings in shares of Linde by 0.8% in the 4th quarter. Personal CFO Solutions LLC now owns 3,116 shares of the basic materials company’s stock valued at $1,305,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Down 0.1%

LIN opened at $472.17 on Tuesday. The stock has a market capitalization of $222.26 billion, a P/E ratio of 34.69, a P/E/G ratio of 3.08 and a beta of 0.97. Linde plc has a 12 month low of $408.65 and a 12 month high of $487.49. The firm’s fifty day simple moving average is $452.54 and its 200 day simple moving average is $448.63. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 0.39.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported $3.95 EPS for the quarter, beating the consensus estimate of $3.92 by $0.03. The business had revenue of $8.11 billion for the quarter, compared to analysts’ expectations of $8.24 billion. Linde had a net margin of 19.89% and a return on equity of 18.71%. The firm’s revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.75 EPS. As a group, research analysts anticipate that Linde plc will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $6.00 annualized dividend and a yield of 1.27%. Linde’s dividend payout ratio (DPR) is presently 43.57%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on LIN shares. Argus raised shares of Linde to a “strong-buy” rating in a report on Tuesday, April 8th. Sanford C. Bernstein raised shares of Linde to a “strong-buy” rating in a report on Thursday, April 3rd. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $503.11.

Insiders Place Their Bets

In other news, VP Sean Durbin sold 7,261 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total value of $3,314,065.62. Following the sale, the vice president now directly owns 8,151 shares of the company’s stock, valued at approximately $3,720,279.42. This represents a 47.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David P. Strauss sold 1,987 shares of the company’s stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $457.04, for a total transaction of $908,138.48. Following the completion of the sale, the vice president now directly owns 22,639 shares in the company, valued at approximately $10,346,928.56. The trade was a 8.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.70% of the company’s stock.

Linde Company Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.